Wolfeboro, New Hampshire Year-to-Date Market Report – November, 2011

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

Throughout the year the number of pending sales have fluctuated month to month with the final YTD showing a 4.7% overall increase.  Contingent sales are up by 12.2%, pending sales up 4.7%; expired listing activity is down 3.2% over last year’s YTD totals.  Sales volume is up and withdrawn listings are down 1.7%.  Back on market listings have seen an increase by 31.6%; perhaps the favorable interest rates and increase in sales volume has sparked a renewed interest for those sellers still working towards a successful transfer.  Interest rates remain low and affordable around 4% to 4.5% and today’s engaged buyers, with the means to purchase have a number of market factors working in their favor.

Wolfeboro’s Residential listing data reflects an increase in market inventory by a modest 5.7% when compared to last year’s YTD stats.  At Novembers end 167 residential homes were available for purchase, 47 of the residential properties offer waterfront and/or water access, 23 condominium units, 84 parcels of vacant land, 17 manufactured home and 15 commercial properties.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

  • Market inventory…up 5.7%
  • Back on the market listings…up 31.6%
  • Pending Sales…up 4.7%
  • Contingent/Pending sales…up 12.2%
  • Listings that expired prior to a sale or transfer…down 3.2%
  • Properties withdrawn from the market…down 1.7%
  • Properties that SOLD are up by 6.4%
  • Days on the market decreased by 16.8% or 36 days
  • Average SOLD price down 22%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st – November 30th, 2010 and January 1st – November 30th, 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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