I have taken a little different approach with this Lakes Region Market Report for Alton and pulled together a 3 month tally of market activity from mid-May to mid-August. This will give you an idea of what kind of real estate activity we have seen here in the Lakes Region communities during the summer months of 2010.
During this period, Alton, NH has averaged 147 active listings. These listings have an average price of $701,624.00 with average Days on Market of 191 days. The price per square foot in Alton for this summer has averaged $282.00 for homes that have been listed.
Alton has averaged 13 contingent listings during this 3 month period. The contingent deals have had an avg. listed price of $514,669.00 and were on the market for 137 days. There are currently 13 pending units with an average price of $439,654.00 and Days on Market of 197. New listings averaged 67 units with a listing price of $482,922.00.
Now, what sold? There were 19 closed transactions during this period. The avg. listing price on these was $388,721.00 and the avg. selling price was $349,100.00. This gave us a List to Sell variance of $39,621.00 or a 90% List to Sell ratio.
As a wrap up, there were 13 listings that expired during this period with an average Days on Market of 226 days and we had 17 units come back on the makrket that had previously either been withdrawn or had expired. There were 10 listings that were withdrawn.
During the period of May 15, 2010 to August 16, 201, Alton, NH had $6,632,900.00 in real estate transactions.
If you're looking to buy or sell any real estate in Alton, NH I hope this Lakes Region Market Report gives you an idea of the activity that we had here this summer. You can check out current Alton Real Estate listings at my website www.LakesRegionNHHomes.com
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