What’s Happening in the Dover New Hampshire Housing Market? – December 17, 2025 Update

Certainly, Adam. Here’s a concise market snapshot for Dover, tailored for both sellers and buyers, based on the last 6 months of data:

Seller’s Perspective

• Demand & Activity: The pending ratio stands at 24%, indicating moderate buyer activity relative to the number of active listings. Homes are spending an average of 95 days on market (DOM) when active, while sold homes averaged 58 DOM—suggesting that well-priced properties do move, but some listings may linger.
• Pricing Power: Sellers are achieving, on average, 98.6% of their final list price at sale, which reflects strong pricing discipline and limited need for significant negotiation. The average sale is also at 100.1% of original list price, suggesting that homes priced right from the start are selling with minimal discounting.
• Inventory: Months supply is at 2, signaling a market that still leans toward sellers but is not overheated. There’s enough inventory to offer buyers choices, but not so much that it depresses prices.

Advice: Price competitively from the outset to capture buyer interest quickly. Homes that linger tend to see more negotiation, while those priced right sell close to asking.

Buyer’s Perspective

• Negotiation Room: While sellers are getting close to asking price, the average days on market (58 DOM for solds) means buyers can expect some properties to be negotiable, especially those with longer market times.
• Inventory & Choice: With a 2-month supply, buyers have a decent selection, especially in the $500k–$1M range, where the pending ratio is higher (58%) and months supply is lower (1.3), reflecting more competition. Lower price points ($0–$500k) show a lower pending ratio (3%), meaning less competition and potentially more room for negotiation.
• Market Timing: The market is not “hot,” but it’s not slow either. Acting decisively on well-priced homes is important, but there is less pressure than in a true seller’s market.

Advice: Focus on homes that have been on the market longer for potential value. Be prepared to move quickly on new, well-priced listings, especially in the mid-range, where competition is stronger.

Key Takeaways

• The Dover market is balanced, favoring neither buyers nor sellers dramatically.
• Well-priced homes sell close to list price with moderate speed.

Sellers should price sharply; buyers should watch for stale listings or act fast on new, competitively-priced homes.


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