lakes region of nh market reports: Redneck Housing Sales Tips
- 04/04/12 05:24 AM
There were 59 single family homes sold in February in the twelve towns covered by this Lakes Region of NH real estate report. The average sales price came in at $209,025 with 72% of the sales coming in under the $200,000 mark. That’s an 18% increase over the 50 sales last February although the average sales price took a slight drop from the $216,025 amount posted last year. For the first two months of 2012 the total number of sales in these towns are up 22%. Not a bad way to start the year off!
I watched some of the Jeff … (1 comments)
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lakes region of nh market reports: What Kind of Home Do You Drive?
- 10/07/11 04:08 AM
The residential home inventory in the communities in this Lakes Region market report dropped from 1,399 properties for sale last month down to 1,336 as of October 1. That total is still 7% higher than last October 1 and keeps us at a 22 month supply of homes. The average asking price stands at $518,193 with a median price point at $264,950 compared to an average $569,141 and a median price of $289,900 last October 1.
I bought a new car a few weeks ago and it reminded me of some parallels in the home and car buying processes. For … (1 comments)
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lakes region of nh market reports: Good Deals = Quick Sales
- 09/22/11 03:27 AM
Residential homes sales in the Lakes Region communities covered by this market report jumped a healthy 23% in August compared to the same month last year. There were 83 sales last month at an average of $330,718 compared to 67 last August at an average of $411,780. A 23% increase in sales is welcome news but one month doesn’t make a trend. On a rolling twelve month basis we are still off last year’s pace…just a bit. For the twelve month period ending 8/31/10 there were 772 sales at an average of $312,389. For the twelve month period ending 8/31/11 there … (1 comments)
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lakes region of nh market reports: More Lakes Region Home Deals
- 09/02/11 07:06 AM
It seems like $199,900 used to be the most popular price if you really wanted to sell your home. That number always worked! Finding a house just under that $200,000 mark always seemed like such a bargain, right? I spent a little time on the computer during Hurricane Irene and found that there were 19 homes listed in our area towns at $149,900. There were 15 were listed at $199,900. Maybe $149,900 is the new $199,900? The most popular price, however, was $239,900 with 32 homes listed there. That number has a nice ring to it, too don't you think? Those … (0 comments)
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lakes region of nh market reports: Strong (er) Residential Homes Sales in July
- 08/21/11 10:34 AM
For the month of July, 2011 there were 70 residential home sales at an average price of $309,586 in the communities in this Lakes Region real estate report. That’s actually a pretty good 14% bump over the 61 sales last July at an average of $262,390. I was getting a little concerned about the lack luster sales over the past several months, but this is certainly an improvement. On a rolling twelve month basis we stand at 743 sales as of 7/31/2011 with an average price of $338,626, a median price of $196,000, and average time on the market of 147 … (0 comments)
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lakes region of nh market reports: Dog Days
- 08/13/11 03:47 AM
As the dog days of August heat up, there are 1412 single family homes on the market in the communities in this Lakes Region real estate report. That’s up from 1344 on the market last August 1. The average asking price is down from $539,186 last August 1 to $517,674. The median is also down from $279,950 to $269,000. The homes on the market represent a 22.8 month supply at the current sales pace. That, as you might guess, is also up from last August. Let’s hope that this great weather brings lots of tourist and potential home buyers to the … (1 comments)
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lakes region of nh market reports: July Winnipesaukee, Winnisquam, and Squam Waterfront Sales
- 08/13/11 03:42 AM
There were ten waterfront sales during the month of July, 2011 on Lake Winnipesaukee at an average price of $1.223 million. That’s up from the six sales on the big pond last July at an average price of $955,333. Half of the sales for both months were over the $1 million mark but this year’s average was bumped by a nice $3 million new construction sale on Governor’s Island in Gilford. For the year thus far, there have been 51 sales on Winnipesaukee at an average price of $1.162 million compared to 45 at an average of $1.211 million for the … (1 comments)
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lakes region of nh market reports: Lakes Region Waterfront Sales Report - First Half 2011
- 07/22/11 04:44 AM
Yeah! Summer is really here. The temperature is heating up and it finally feels like it is lake weather. It’s time to get out on the boat and enjoy it. There were twelve waterfront sales sales on Winnipesaukee in June which is a 50% increase over June of last year. That’s pretty encouraging! And there were some large sales, too! In fact ten of the twelve sales were over the million mark. There were three sales in the $2-3 million range and one over $4 million. The average sales price last month was $1.778 million compared to $1.376 million last June … (0 comments)
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lakes region of nh market reports: There's an app for that...
- 07/22/11 04:35 AM
There were 77 residential home sales last month in the communities listed in this Lakes Region real estate market report. That’s down a bit from the 88 sales last June. But the average sales price came in considerably higher at $476,304 compared to $292,586 in June 2010. The higher average seems to have originated from a strong month in Moultonborough where seven sales closed in excess of $1 million. Not a bad month there with 19 sales at an average of $1,072,761! Laconiaalso had a pretty good sales tally with 16 homes exchanging hands. It appears that about a third … (1 comments)
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lakes region of nh market reports: The Garage Mahalic
- 03/31/11 11:34 AM
Spring is coming. Nascar has fired up its engines, the sweet smell of racing fuel and burning rubber is in the air, and as the frost heaves recede gear heads begin to think about getting their prized street rod or motorcycle on the road. It’s a time when many men dream about a Garage Mahal.
The fact is, put simply, men like (1) garages and (2) basements. You can’t generally reverse that order of preference unless there is a full blown man cave in the basement that includes a well stocked bar, a large flat-screen, and a leather couch. Men don’t … (0 comments)
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lakes region of nh market reports: Facebook, or Maybe Housebook...
- 03/17/11 09:11 AM
Sales of residential homes in the Lakes Region of NH were surprisingly strong in February with fifty transactions compared to just thirty four last February. Given the fact that we were up to our eyeballs in snow in January, that is pretty remarkable to me. The average sales price came in at just $216,920 compared to $279,480 last February. That drop is due to the fact that we had no sales over $1 million last month but had two last February. As usual, just about half the sales recorded were under $200,000. For the first two months of the year total … (0 comments)
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lakes region of nh market reports: Winnipesaukee and Winnisquam February 2011 Sales Report
- 03/13/11 06:16 AM
February was a pretty good month for waterfront home sales on Lake Winnipesaukee with six propertiessold at an average price of $467,667. The monthly sales average was low because there were no million dollar sales last month. Last February there were only three sales on the lake, and two of the three sales were over the $1 million mark so the average was considerably higher at $1.248 million.
Not surprisingly, the least expensive waterfront that sold last month was an island property and it was located at 291 Cow Island in Tuftonboro. This home was a built in 1980 and it … (0 comments)
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lakes region of nh market reports: Lakes Region of NH Home Deals
- 03/06/11 01:17 AM
Residential home sales in the Lakes Region are off to a bit of a slow start in 2011 with only 37 sales posted in the towns in this report. That’s 16% off the total of 44 sales posted last January but one month doesn’t make a trend…at least I hope. The average sales price was also down from $377,781 last January to $305,926. This January, as well as last, 50% of the sales were below the $200,000 mark, but last January there were four sales over $1 million and this January there was only one, hence the lower average sale price. … (0 comments)
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lakes region of nh market reports: A New Path To Home Ownership Using Fannie’s HomePath Program
- 03/05/11 09:39 AM
There were 957 homes for sale at an average asking price of $552,033 in the towns listed in this Lakes Region real estate market report as of March 1, 2010. That is slightly lower than the 993 homes available last March which had an average price of $583,496. The current level of inventory represents a 12 month supply of homes on the market.
It’s no secret that mortgage giant Fannie Mae has got problems. Right now, who doesn’t? Not only does she have a name you can make fun of, she has foreclosed on so many properties that she, like … (0 comments)
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lakes region of nh market reports: How Much Snow Is Too Much??
- 02/06/11 08:21 AM
This was a really great week, if you like snow. Driving into Laconia on the day of the most recent of one too many snowstorms was like sledding into an Eskimo Village above the arctic circle. The main differences were that I didn’t see any polar bears lurking nearby, our igloos have flat or peaked roofs rather than round, and plow trucks were the only thing moving instead of sled dog teams. Did you know that Eskimos can heat their igloos with a whale oil lamp and their own body heat and be quite comfortable? Keep that thought for … (1 comments)
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lakes region of nh market reports: 2010 Year End Lakes Region Residential Sales Report
- 01/23/11 02:43 AM
There were 59 homes sold at an average price of $369,112 during the month of December in the communities in this Lakes Region report. That's down some from the 68 sold in December 2009, but the average price is up considerably from $290,008. As usual, more than 50% of the sales were below the $200,000 mark with five waterfront sales over the $1 million mark helping to lift up the average sale price.
The highest sale for the month of December was at 49 McLeod Road in Alton at $3.5 million. This property is a spectacular 23 acre family compound comprised … (0 comments)
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lakes region of nh market reports: 2010 Lakes Region of NH Real Estate Market/Weather Forecast
- 01/07/11 06:42 AM
As of January 1, 2011 there were 940 homes on the market in the communities in this Lakes Region real estate report. That’s down from the 1070 homes on the market last month, but up from the 869 homes on the market as of January 1, 2010. While the total number of homes on the market is currently higher than last year, we have had an increase in the number of sales. That effectively drops the supply down to a 12 month’s worth of homes on the market compared to 14.5 months worth last January 1. That’s about as low as … (2 comments)
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lakes region of nh market reports: For Sale: Bank Owned at 1600 Pennsylvania Ave
- 07/10/10 06:42 AM
The residential home inventory stood at 1277 homes available as of July 1, 2010 in the communities in this Lakes Region of NH Real Estate Market Report. The average asking price came in at $551,228 and the median asking price was $285,000. This inventory level represents 19 ¾ months worth of homes on the market. That is down slightly from the 22 months worth of homes available last July 1 but we still have a long, long way to go to get back to a reasonable level somewhere in the 6 month range.
There are still a lot of foreclosures … (4 comments)
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lakes region of nh market reports: E=mc² and the Housing Market in the Lakes Region of NH
- 06/04/10 09:48 AM
As of June 1, 2010 there were 1256 residential homes for sale in the communities in this Lakes Region market report. The average asking price stood at $578,941 and the median sales price was $299,000. This equates to a very high 19¾ month’s worth of inventory on the market (just in case you are wondering why it is taking a long time for your home to sell). In June of 2008 there were 1128 homes for sale and in June of 2009 we edged up to 1170. The average listing price has increased from $533,339 in June, 2008 and $562,780 … (0 comments)
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lakes region of nh market reports: The Housing Market After Life Support...
- 05/06/10 01:38 PM
There were 1169 residential homes available as of May 1 in the communities in this Lakes Region of NH real estate report. That is up from the 1083 homes that were on the market in May 2009. The current inventory level represents an 18.4 months supply of homes on the market.
Home sales will have to increase significantly in order to bring this high inventory level down to a more reasonable level. Unfortunately (or maybe fortunately), the housing market has been taken off life support. The first time home buyer credit of $8,000 has expired (they pulled the plug so to … (1 comments)
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There were 59 single family homes sold in February in the twelve towns covered by this Lakes Region of NH real estate report. The average sales price came in at $209,025 with 72% of the sales coming in under the $200,000 mark. That’s an 18% increase over the 50 sales last February although the average sales price took a slight drop from the $216,025 amount posted last year. For the first two months of 2012 the total number of sales in these towns are up 22%. Not a bad way to start the year off!
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