Stratham, NH Housing Market Update for April 2024

Welcome to your Stratham, New Hampshire housing market update for April 2024! Nestled in the heart of the Seacoast region, we're here to take a pulse on the local market, analyze recent trends, and forecast potential moves that could shape your real estate decisions in the coming months.

Let's uncover what April has in store for Stratham's real estate scene.

Market Overview

In April 2024, the Stratham housing market saw 15 new properties listed, compared to 9 properties in April 2023. This increase in listings is a positive sign, indicating a more active market compared to the previous year.

The median home price this April was around $570K. This figure reflects the closing of two single-family homes and four condos. In contrast, April 2023 had a higher median price of $750K, with one condo and five single-family homes sold. This notable drop in median price suggests a shift in the types of properties being sold and possibly a more competitive market for buyers.

Inventory Insights

Currently, the inventory in Stratham is insufficient to meet the high demand, with less than a month's supply available. This scarcity underscores the need for more properties to enter the market to balance supply and demand.

Seller Strategies

Standing out in today's competitive housing market requires a winning strategy. If you're considering selling your home, call us, and we'll design a custom marketing plan to attract qualified buyers and turn your 'For Sale' sign into history.

Buyer Opportunities

For buyers, the market remains dynamic and full of opportunities. Contact us today to learn about the pocket listings we have at the moment. These exclusive listings could give you an edge in finding your dream home before it even hits the market.

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