Ossipee Lake Year-End 2013 Sales

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

 

Below please find a recap of all of the direct waterfront properties that were sold on Ossipee Lake and its Bays throughout the year and brokered through Real Estate Professionals as reported to (NNERN) Northern New England Real Estate Network.

Lake Ossipee from Whiteface Mtn.

There were a total of twenty-two (22) year round and seasonal camps that sold during 2013 and two (2) vacant lots for a total of twenty-four (24) properties.  Condominiums were not included in this analysis. 

Direct Waterfront Homes/Cabins

73 Broad Bay Road, Ossipee               $165,000.

75 Broad Bay Road, Ossipee               $135,000.

14 Danville Road, Ossipee                   $240,000.

50 Weetamoe Road, Ossipee                   $253,000.

9 East Danforth Road, Freedom          $240,000.

26 Danville Road, Ossipee                        $255,000.

449 Pequawket Trail, Freedom            $290,000.

23 Cassie Cove Road, Ossipee             $320,000.

12 Frost Road, Ossipee                        $320,000.

9 Cove Road, Ossipee                          $395,000.

119 West Bay Road, Freedom              $370,000.

305 Huckins Road, Freedom                 $368,000.

2 Pauli Point Road, Freedom                $365,000.

50 Pauli Point Road, Freedom              $425,000.

18-21 Old West Ossipee Rd, Freedom  $450,000.

48 Channel Road, Ossipee                    $425,000.

5 Furber Road, Ossipee                        $474,000.

287 West Bay Road, Freedom              $370,000.

405 Huckins Road, Freedom                 $474,000.

111 West Bay Road, Freedom              $540,000.

8 Frost Road, Ossipee                          $500,000.

342 West Bay Road, Freedom                   $713,000.

Vacant Parcels

Lot 1-2 Haverhill Street, Freedom        $345,000.

Lot 20-01 Packard Drive, Freedom       $335,000.

The average “days on the market” for reported sales was 235 day vs. 160 in 2012; an increase of 72 days.  However remember this number can be skewed as some of these properties came off the market and then were re-listed later at lower prices so the days on the market would be reset.

Average Sales Prices on Ossipee Lake over the past eight (8) years are as follows:

2006    $498,000.

2007    $472,000.

2008    $442,000.

2009    $428,000.

2010    $377,000.

2011    $431,000.

2012    $414,000.

2013    $369,000.

The Ossipee Lake region has experienced a -10.86% drop in median property sales value within the past twelve (12) months…and a -25.90% over the past eight (8) years.  Out of the twenty-four (24) reported sales, those shown in bold print (22 units) Costantino Real Estate had the fortune to have been involved in as either listing agent, selling agent or both.

Based on information from (NNEREN) Northern New England Real Estate Network, Inc. | January 1st 2006 through December 31st, 2013.

Contributed by Gerard Costantino, Owner/Broker and 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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