New Hampshire June Home Sales Best Since 2005

The Bay State's neighbor to the north saw strong home sales in June. 

Sales in New Hampshire weren't just strong, but home buyers made June the strongest since 2005. June residential sales jumped to 1,586, the most in the Granite State since 2005 and a 7 percent increase over June 2013, according to the New Hampshire Business Review.

The median price increased 2 percent and rose to $240,000. The New Hampshire Association of Realtors compiled the data. 

Second quarter residential sales declined 1 percent compared to the second quarter of 2013, with 3,885 homes sold compared to 3,939 in Q2 2013. The second quarter median price increased $230,471, a 5 percent increase over the same period in 2013.

New Hampshire residential inventory improved, with more than 3,000 new listings hitting the real estate market in June, a 13 percent increase compared to June 2013. With months of supply at 11.2 months in June, NH home buyers have plenty of inventory to choose from compared to Massachusetts home buyers.