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Wolfeboro, New Hampshire 3rd Quarter Market Report 2012

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

 

 

If you’re looking to purchase that special property in “The Oldest Summer Resort in America” don’t wait, prices and market activity are on the rise. Wolfeboro’s Residential listing data reflects an increase in market inventory by a notable 9.4% when compared to last year’s 3rd quarter stats.  There are currently one hundred ninety-nine residential homes available for purchase in Wolfeboro, fifty-seven offer waterfront and/or water access; twenty-five condominium units and fifteen commercial properties.  3rd quarter sales volume reports a 36.76% increase over last year, along with an average sales price increase of 13.66%.  Pending sales are also up by 31.66% when compared to last year to date figures.











3rd Quarter 2012 Residential Markets

  • 256 New Listings… up 9.40%
  • 79 Pending Sales…up 31.66%
  • 93 Residential Homes resulted in a successful close…up 36.76%
  • Average Price Sold Homes…$395,397., up 13.66%
  • Average DOM (Days on the Market) 186…decreased by 3.39% or 7 days
  • Lowest Sales Price…27 Pine Street, Wolfeboro $29,500.
  • Highest Sales Price…50 White Gate Road, Wolfeboro $2,840,000.

Wolfeboro’s Vacant Land listing data reflects an increase in market inventory by 44% when compared to last year’s 3rd quarter stats.  There are currently sixty-two vacant land parcels available for purchase in Wolfeboro.  3rd quarter sales volume reports a 200% increase over last year, and the average sales price has also increased by 241%.  Pending sales are up by a measured 650%.

3rd Quarter 2012 Vacant Land Market

  • 62 New Listings… up 44.18%
  • 15 Pending Sales…up 650% over last YTD
  • 12 Vacant parcels resulted in a successful close…up 200%
  • Average Price for Parcels…$230,291., 241.17%
  • Average DOM (Days on the Market) 404…a decrease of 46.16% or 347 days
  • Lowest Sales Price… Center Street, Wolfeboro $50,000. | .19 acres
  • Highest Sales Price… Worcester Island, Wolfeboro $1,540,000. |2.4 acres w/water frontage on Lake Winnipesaukee

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st through September 30th, 2011 & January 1st through September 30th, 2012.
Contributed by Kathleen M. Kizer, ABR, GRI, ePRO, REALTOR, Broker Associate, Costantino Real Estate, LLC | Certified Residential Appraiser, NHCR-616 | Wolfeboro Appraisal Services “Your Lakes Region Professional”

For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call direct at 603-539-3200, ext. 208

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