As the state’s red hot real estate market continues to sizzle, Seacoast real estate agents are reporting an increase in New York City, Boston and even West Coast residents flocking to the Granite State in search of homes.
It has created a supply-and-demand dilemma that Great Island Realty broker and owner Janet Sylvester said she has never seen in her many years in the industry.
“It’s a frustrating process and for a lot of the buyers that I have personally, they’re high-end buyers and they’re waiting for something specifically,” she said. “There’s nothing coming up.”
The New Hampshire Association of Realtors’ monthly report from April found that single-family homes in Rockingham County are reporting a median sales price of $471,500, a 13.6% increase from the county’s April 2020 report and the highest of the state’s 10 counties last month.
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