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Wakefield, New Hampshire October 2010…A Month in Review

By
Real Estate Agent with Costantino Real Estate, LLC / Wolfeboro Appraisal & Consulting Services NHCR616

Kathleen M. KizerNovember 9th, 2010
by Kathleen M. Kizer

Wakefield Reports Modest Increases In Residential Sales Volume and Average Sales Price…

Wakefield’s new listing data reflects an increase in overall inventory by 46% when compared to 2009’s MTD listings.  There are 180 homes actively listed, with 137 waterfront or water access.  Back on the market listing are down, pending sales are down, contingent sales are down, expired listings are down, withdrawn listings are down, days on the market are down… the silver lining… SOLD properties are up 9%  / Average Sales Prices increased 5.8%.

 

 

2009 vs. 2010 October Residential Market

  • Market inventory increased +46%
  • Back on the market listings were reduced by -40%
  • Available properties under contract decreased -12.5%
  • Contingent Sales decreased -20%
  • Listings that expired prior to a sale or transfer decreased by -7.5%
  • Properties withdrawn from the market decreased by -42.8%
  • Properties that SOLD were up +9%
  • Days on the market were reduced by -28.3%
  • Average SOLD price increased by +5.8%

2009 vs. 2010 (October Residential, Condominium, Commercial & Vacant Land)

  • Market inventory increased +14.2%
  • Back on the market listings were reduced by -62.5%
  • Available properties under contract decreased -27.2%
  • Contingent Sales decreased -20%
  • Listings that expired prior to a sale or transfer decreased -32.6%
  • Properties withdrawn from the market decreased -55.5%
  • Properties that SOLD down -14.2%
  • Days on the market were reduced by 34.3%
  • Average SOLD price increased by +26.5%

Based on information from the Northern New England Real Estate Network, Inc. for the period October 1st – 31st, 2009 & October 1st – 31st, 2010.

Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services 

For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.

 

 

 

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