COVID-19 has impacted the real estate market mainly by causing substantially fewer sellers to list their homes for sale. Below are some graphs that show the initial decrease in various market activities and then their recovery on a weekly basis.
To view our COVID-19 Resources click here and to view our Mortgage Resources click here.
This page, along with our New Hampshire Real Estate Updates page, will be updated continually to track market progress, so bookmark it to check back.
Last Updated: 11/23/2020 – 1:17 PM
HOMES LISTED PER WEEK
As illustrated below, the number of homes listed for sale per week dropped dramatically at the end of March after the stay at home advisory was enacted.
SNAPSHOT OF HOMES FOR SALE EACH SATURDAY IN MA
The graph below illustrates the number of homes for sale every Saturday since the beginning of the year.
HOMES PENDING PER WEEK
The number of homes placed under agreement (contracts accepted) dropped in the second week of March, when normally at that time pendings are increasing. The decline lasted until the second week of April, but has since gained steam.
HOMES SOLD PER WEEK
The graph below illustrates the number of homes sold per week.
PERCENT OF PENDING HOMES OUT OF TOTAL INVENTORY PER WEEK
The percentage of homes placed under agreement at the beginning of 2020 was higher than any other year, meaning that inventory was so low because buyers were consuming inventory as soon as it became available, which is the sign of a very strong seller’s market.
AVERAGE SELLING PRICE PER MONTH
Prices for homes in 2020 are substantially higher than in previous years. Prices increase when demand is high and supply is low. This chart is updated in the middle of every month.
MONTHLY SINCE COVID-19
Click the button below to visit our COVID-19 & Real Estate Page
Visit this menu page to access our COVID-19 Real Estate Resources, COVID-19 Mortgage Resources, REAL SAFE Real Estate Initiative, and NH Real Estate Updates.