Wakefield, New Hampshire Year- to-Date Market Review – November, 2011

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

Wakefield reports a 1.3% increase in new Wakefield Residential Listings.  Inventory remains high with a reported 134 residential homes available for purchase – 57 of those active listings offer waterfront and/or water access. The value range for active listings is set between the low of $59,900. to a high of $888,000.  The first eleven months of 2011 reports successful sales activity up 29% when compared to last year’s same time period; average sales price increased by 55.3% and it’s taking just a bit longer for the active listings to close with an increase of 50% or 83 days of marketing time.


YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate


  • Market inventory…up 1.3%
  • Back on the market listings…down 2.6%
  • Pending sales…up 9.5%
  • Contingent sales…up 57.6%
  • Listings that expired prior to a sale or transfer…up 10.8%
  • Properties withdrawn from the market…down 44.6%
  • Properties that SOLD are up 29%
  • Days on the market increased by 50% or 83 days
  • Average SOLD price increased by 55.3%
  • Lowest sales price recorded was 14 Pigeon Hill Road – $49,000.
  • Highest sales price 90 Windy Point Road, So. – $375,000 (Pine River Pond water frontage)


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