Lisa Lawrence Realty, previously known as DiBernardo Real Estate, is a Residential Real Estate Brokerage committed to providing professional and knowledgeable real estate services in Central New Hampshire. Our services include Buyer and Seller representation in the purchase, sale and leasing of a variety of residential property types, including: Single Family Homes, Condos, Townhomes, Multi-Family and Vacant Land.
Whether you're looking for a home in the city, in the suburbs or in the country, we'll find the location that's right for you. We can get you into the right location for the right price.
If you have questions about affordability, credit, lenders or loan programs, we can find you what you need, fast. Finding the right house, condo, townhome or piece of land to build on is a big step, but we have years of experience. We make sure you feel confident and educated every step of the way.
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July 2023 Snapshot: Affordability has continued to limit home buying activity this summer, with existing-home sales falling 14.9% as compared to July of 2022, according to the NH Association of Realtors. Mortgage rates have approached 7% in recent months, leading many prospective buyers to put their home purchase plans temporarily on hold. But higher rates have also kept many existing homeowners from listing their homes for fear of giving up the low-rate mortgages they locked in a few years ago, when rates were significantly lower.
As compared to July 2022, New Listings decreased 21.9% for single family homes and 21.1% for townhouse-condo properties. Pending Sales decreased 8.2% for single family homes and .5% for townhouse-condo properties. Inventory decreased 11.1% for single family homes and remained the same for townhouse-condo properties.
As sales have slowed down, time on market has increased, with the average single family home spending 19 days on market and townhouses and condos spending 22 days on market. The Median Sales Price was up 6.7% to $480,000 for single family homes and 13.2% to $384,950 for townhouse-condo properties.
With only 1.6 months’ supply for single family homes and 1.4 months' supply for townhouses and condos, the lack of inventory has boosted competition among buyers and put upward pressure on sales prices, especially in more affordable markets, where competition for homes remains strong.
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If you're ready to buy or sell, call us! We’re ready to help you no matter what you want to do: buy, sell or invest in single family homes, condos, townhomes, multi-family properties or vacant land. If we don't have it listed, we can find it for you!
Key words: Central NH Real Estate, Residential Real Estate
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