Wakefield reports a 14% decline in new Wakefield Residential Listings. Inventory continues to hold a significant number with 124 residential homes available for purchase with 84 active listings offering waterfront and/or water access. The value range for active listings sets between the low of $39,900 to a high of $926,000. For the first three months of 2011 we are pleased to report successful sales activity up 80%, average sales price increased by 29% and days on the market reported a slight increase of four (4) days.
YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate
- 48 New Listings… down 14%
- 28 Homes Back on the Market…up 22%
- 14 Pending…down 12%
- 17 Contingent Sales…up 750%
- 69 Expired Listings…up 44%
- 11 home were Withdrawn…down 21%
- 18 Residential Homes resulted in a successful close…up 80%
- Average Priced Sold Homes…up 29% ($265,922)
- Lowest Sales Price recorded was 339 Old Stage Road – $41,000.
- Highest Sales Price 145 Virginia Drive – $900,000. (Pine River Pond waterfront)
YTD 2011 vs. YTD 2010 Wakefield’s Complete Real Estate Market (Residential, Condominium, Manufactured, Mobile, Vacant Land, Commercial, Business Opportunities)
- 67 New Listings… down 3%
- 44 Properties Back on the Market… up 5%
- 17 Pending Sales…down 23%
- 17 Contingent Sales…up 325%
- 111 Expired Listings… up 37%
- 15 Properties Withdrawn … down 6%
- 19 Properties resulted in a successful close… up 58%
- Average Price Sold…up 28% | $263,005.
Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st – March 31st, 2010 – January 1st – March 31st, 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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