Carroll County residential listing data reflects an increase in market inventory by the smallest of margins (0.17%) when compared with last year. Currently there are eleven thousand, eight hundred eighty (11,880) residential homes available for purchase in the County.
The White Mountains of New Hampshire
Values are showing signs of improvement by a measured increase of 6.47% over last year’s averages…total sales are up, pending sales are up and marketing time is down; the perfect recipe for a recovery. Carroll County may have turned the corner on depreciating market values and started on its way to a stronger more stable market place.
Year-End 2012 Carroll County Residential Markets
- 2,323 New Listings…an increase of 4 units or 0.17%
- 764 Pending Sales…up 10.88% or 75 dwellings
- 1,116 Residential Homes resulted in a successful close…up 19.35% or 427 sales
- Average Price Sold Homes…$271,315., up 6.47%
- Average DOM (Days on the Market) 158…down 4.97% or 8 days
- Lowest Sales Price…182 Route 16, Ossipee $19,900 | Distressed mobile home on .68 acres (value for land alone)
- Highest Sales Price…92 Unworth Road, Moultonborough $8,720,000 | Waterfront residence, 32.5 acres w/378’ of road frontage & 1,758’ of water frontage on Squam Lake
Carroll County Vacant Land listing data reflects small increase in market inventory by ten units. There are currently 518 vacant land parcels available for purchase in the County; ranging in asking price from $895. – $7,500,000. Year-end sales volume report is up by 45% over last year…pending sales are up by 48%.
Market Absorption: 2012’s inventory, activity and trending would indicate a three year time frame for the market to absorb the current supply of active land listings.
Year End 2012 Carroll County Vacant Land Market
- 582 New Listings… up 10 units or 1.74%
- 147 Pending Sales…up 48 units or 48.48%
- 164 Vacant parcels resulted in a successful close…up 51 units or 45.13%
- Average Price for Parcels…$87,386., up 6.20%
- Average DOM (Days on the Market) 292 an decrease of 8.42% or 27 days
- Lowest Land Sale… Moat Brood Drive, Conway $5,700 | .64 acres w/150’ road frontage (Flood zone & point well)
- Highest Land Sale…Worcester Island, Wolfeboro $1,540,000 | 2.4 acres w/105’ road frontage 362’ water frontage on Lake Winnipesaukee
Based on information from (NNEREN) Northern New England Real Estate Network, Inc. | The period of January 1st through December 31st, 2011 & January 1st through December 31st, 2012.
Contributed by Kathleen M. Kizer, ABR, GRI, ePRO, REALTOR, Broker Associate, Costantino Real Estate, LLC | Certified Residential Appraiser, NHCR-616 | Wolfeboro Appraisal Services “Your Lakes Region Professional”
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com. Call direct at 603-539-3200, ext. 208 or 603-707-2753.
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