The Seacoast isn't one market.
It behaves differently at $600k than it does at $1.2M, differently in Eliot than in York, differently in New Hampshire than in Maine. Every Monday I publish what actually happened, by price band and by town.
Read the latest issueThe regional average describes nobody.
Averages are the enemy of a good decision here. The number that matters is the one for your band, in your town, this season. These three things stay true whenever you're reading this.
Every issue tracks five price bands, from under $500k to $1.3M and up. In the same week they can move at different speeds and hand leverage to different sides. The regional average describes none of them.
Three rings out from Portsmouth, across the NH Seacoast and Southern Maine. Neighboring towns routinely behave nothing alike, which is exactly why the town-level read matters more than the regional one.
Market Pulse ships every Monday, in loud weeks and quiet ones. Publishing the boring weeks is the whole point: you can't tell what a real move looks like without the baseline.
Free to read, and there's no pitch attached to it.
Four numbers I use constantly.
If you only ever learn these, you'll understand most of what the market is doing. They show up in nearly every issue.
- Days to contract
- How long a house sat before it went under agreement. This is not how long it took to close. It's the cleanest read on demand at a given price, and it moves faster than any other number here.
- Failure rate
- The share of listings that expired, withdrew or terminated instead of closing. High failure in a band usually means sellers there are pricing against a market that no longer exists.
- Relist rate
- How often those failed listings come back. Failure alone can look worse than it is; relist tells you whether people are quitting or just regrouping. The two belong together.
- At or above ask
- The share of closings that hit or beat list price. It's the fastest way to see whether a band still has competition in it, or whether buyers have room to negotiate again.
One email, Monday mornings.
Price bands, town by town, what moved and what it means. Unsubscribe whenever.
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