Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. Jim Lee and Ann Cummings of RE/MAX Shoreline in Portsmouth NH have the insights you need to make smart, confident decisions this spring.
1. More Homes Are Coming on the Market
After a long stretch of tight inventory, we’re finally seeing an increase in homes for sale—great news for both buyers and sellers. According to MLS stats, new listings in Portsmouth are up 23.1% compared to this time last year.
While inventory levels haven’t returned to pre-pandemic numbers, this is the most robust spring housing market we’ve seen in years.
- Buyers: More choices mean less pressure and more opportunities to find your ideal home along the Seacoast, whether it’s in Portsmouth, Rye, Dover, Kittery, or beyond.
- Sellers: You’re more likely to find your next home—and with inventory still below historical norms, demand for your property remains strong.
2. Home Price Growth Is Moderating
Home values are still rising—but at a slower, more sustainable pace. That’s good news for a healthier market overall. As Freddie Mac puts it:
“In 2025, we expect the pace of house price appreciation to moderate from the levels seen in 2024, while still maintaining a positive trajectory.”
- Buyers: Slower price growth means less competition and more time to make thoughtful decisions. Homes are still appreciating, making this a great time to invest in coastal New Hampshire real estate.
- Sellers: You may need to fine-tune your pricing strategy in a more balanced market. Hitting the right listing price target—guided by local experts like Jim Lee and Ann Cummings—can make all the difference in getting your home sold quickly and for top value.
3. Mortgage Rates Are Stabilizing
Mortgage rates have been one of the biggest challenges in recent years, but we’re finally seeing them level out. Rates have declined slightly since early 2025 and remain more stable week to week.
- Buyers: This stability can help you plan with more confidence and lock in a better rate when the time is right.
- Sellers: Lower and steadier rates are encouraging more buyers to jump back into the market, increasing demand for your listing.
4. More Buyers Are Returning to the Market
With better affordability, more listings, and more predictable interest rates, buyers are re-entering the spring market. Morgage application data from the Mortgage Bankers Association shows an uptick in mortgage applications—a strong sign of growing buyer demand.
- Buyers: Acting sooner could give you an edge before competition intensifies further.
- Sellers: More buyers mean a faster sale and more potential for competitive offers—especially when your home is positioned right in this spring market.
Ready To Explore Your Options This Spring?
Whether you’re buying your first coastal home or preparing to list your property, the spring 2025 market is filled with opportunity. Trust Jim Lee and Ann Cummings, your experienced local REALTORS® at RE/MAX Shoreline in Portsmouth NH, to help you navigate the current landscape with expertise and ease.
Explore homes and learn more about living on the New Hampshire Seacoast at newhampshiremainerealestate.com — you’ll find the latest listings, price changes, and insider tips.
Prefer to talk it through? Give us a call at 603.436.1221. We’re always happy to help you make your next move, whether you’re staying local or heading for the shore.
Certified Residential Specialists (CRS), Homesellers.