What’s Happening in the Dover New Hampshire Housing Market? – December 4, 2025 Update

Seller’s Perspective

• Market Activity: The pending ratio is 38%, indicating just over a third of active listings are under contract. This is a balanced-to-slightly-active market.
• Pricing Power: Homes are selling very close to their final list price, averaging 100.1% of list. This suggests sellers who price correctly can expect minimal negotiation.
• Time on Market: The average days on market (DOM) for sold homes is 56 days, while active listings average 95 days. Well-priced homes are moving faster than those still active.
• Inventory: Months supply is at 2.1, reflecting a low inventory environment—favorable for sellers, but not extremely competitive.
• Advice: Pricing accurately is key; overpricing can result in longer market times. Most sellers are achieving nearly full asking price, so strategic pricing and presentation remain crucial.

Buyer’s Perspective

• Negotiation Room: Buyers are paying about 98.7% of original list price on average, so while there is some room for negotiation, deep discounts are rare.
• Selection: With only 2.1 months of inventory, options are limited, especially in the most popular price bands. Be prepared to act quickly on desirable homes.
• Market Speed: While average DOM for sold properties is 56 days, active listings are sitting longer, suggesting some stale inventory. Buyers may find value among older listings.
• Pending Activity: About 38% of listings are pending, so competition exists, but it’s not overheated.
• Advice: Be ready to move decisively on well-priced homes. Consider targeting properties with longer DOM for potential negotiation opportunities.

Key Takeaway:
Dover’s market is balanced but tilting in favor of sellers due to low inventory and strong sale-to-list price ratios. Both sides benefit from realistic expectations—sellers should price correctly for a quick sale, while buyers need to be prepared to act quickly but can look for leverage on older listings.


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