The median price of a single-family home in Granite State has declined slightly since peaking in August, but rebounded in November to over $ 400,000 as the housing market edged down. still tense, according to the latest report. published Tuesday by the New Hampshire Association of Realtors.

“If you’re a seller and you don’t need a place to live things are great, but if you’re a buyer it’s tough,” said Ben Frost, policy director for New Hampshire Housing. , during a morning webinar in front of real estate agents. report has been published. Frost was giving an overview of his own annual report as part of a webinar sponsored by New Hampshire Housing. He blamed the “shocking” lack of inventory, which went from a six-month ad inventory to just a month in a year.

As a result, the number of closures has decreased.

“There just aren’t enough homes for sale,” Frost said.

The inventory image did not improve in November. The number of homes for sale fell to 1,380, a 32% drop, so it’s no wonder the closing fell 13%. The homes were purchased in 28 days on average, a 25% drop from the previous November. Homes sold for an average price 1.6% above asking price, bringing the median selling price to $ 401,000, 13.6% more than last year and $ 21,000 above. the October median. So far this year, the median price peaked in August at $ 410,000.

Condos were even rarer. Some 336 condos were for sale in November, a drop of 44%. They sold on average in 22 days for a median price of $ 310,000, an increase of 21.5%.

Home prices rose everywhere, but they surged particularly in Coos County, where the median price hit $ 250,000, an increase of 83.6%. The most expensive homes were in Rockingham County, where the median price was $ 520,000 in November, a 17.7% increase, but they sold fastest in Hillsborough and Merrimack counties – 19 days.

Where do all these buyers come from? Frost said there had been a very slight increase in the number of out-of-state buyers, “but overall most of the New Hampshire buyers are here already.”

New Hampshire pretty much fits into the rest of the country, said Elliot Eisenberg, a Miami-based economist who was the keynote speaker at the New Hampshire housing webinar.

“Everyone is crying about the lack of inventory, which is incredibly low. People want housing and it is not available because builders don’t build, and this is the time when builders should be racking their brains.

He said they cannot build because of “a lack of workers, land, lumber”. And what wood there is primarily for renovations – “terraces instead of houses,” as Eisenberg put it.

But it’s more than houses, Eisenberg said. Cars are scarce “because there aren’t enough chips, and there aren’t enough planes, trains, trucks and drivers” to move them.

The same goes for retail, he said. “The demand is crazy. Supply is recovering, but not fast enough, ”said Eisenberg.

“The big problem is that we don’t have enough to sell,” he added. “Everyone misses everything everywhere. “