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Last Updated: 08/02/2021 – 1:15 PM
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.
HOMES LISTED PER WEEK
As illustrated, the number of homes listed for sale per week dropped in March 2020 after the stay at home advisory was enacted. 2021 is catching back up to where inventory should have been based on previous years data.
(Weekly data run Sunday-Saturday)
HOMES PENDING PER WEEK
The number of homes placed under agreement (contracts accepted) dropped in the second week of March 2020, when normally at that time pendings are in the rise. The decline lasted until the second week of April, and then gained steam. 2021 has fought to keep up, but hasn’t reached typical levels yet.
(Weekly data run Sunday-Saturday)
HOMES SOLD PER WEEK
The graph illustrates the number of homes sold per week. 2021 is following similar trendlines to 2019, but delayed about a week in the summer months.
(Weekly data run Sunday-Saturday)
Prices for homes in 2020 are substantially higher than in previous years.
This chart depicts prices all the way to July 2021.
Click the link below to access our COVID-19 Real Estate Resources, COVID-19 Mortgage Resources, REAL SAFE Real Estate Initiative, and NH Real Estate Updates.