Wakefield reports a 12% decline in new Wakefield Residential Listings. Pretty typical for this time of year given all the “winter” we’ve had. Inventory continues to hold with 114 residential homes available for purchase with 18 active listings offering waterfront and/or water access. The value range for active listings sets between the low of $44,900. to a high of $1,099,900. For the first two months of 2011 we find successful sales activity up 63%, the average sales price has increased 26% and days on the market reported a 10% decline.
YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate
- 22 New Listings… down 12%
- 15 Homes Back on the Market…down 21%
- 8 Pending…down 11%
- 9 Contingent Sales…up 80%
- 49 Expired Listings…up 29%
- 3 home were Withdrawn…down 40%
- 13 Residential Homes resulted in a successful close…up 63%
- Average Priced Sold Homes…up 26% ($210,133.)
- Lowest Sales Price recorded was 229 David Drive – $32,000.
- Highest Sales Price 128 Camp Road @ $490,000. (Pine River Pond waterfront)
YTD 2011 vs. YTD 2010 Wakefield’s Complete Real Estate Market (Residential, Condominium, Manufactured, Mobile, Vacant Land, Commercial, Business Opportunities)
- 32 New Listings… up 10%
- 26 Properties Back on the Market… down 26%
- 10 Pending Sales…down 23%
- 9 Contingent Sales…up 800%
- 78 Expired Listings… up 24%
- 6 Properties Withdrawn … down 14%
- 13 Properties resulted in a successful close… up 30%
- Average Price Sold…up 27% ($210,133.)
Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st – February 28th, 2010 and – January 1st – February 28th, 2011.
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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