Ossipee, New Hampshire 2nd Quarter 2014 Market Report

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

 

Ossipee Lake via Long Sands

            Ossipee Lake via Long Sands

Market stats for the Town of Ossipee, Carroll County in the State of New Hampshire…2nd quarter indicators are reporting mixed reviews; residential markets are down in volume and slightly up in median sales price…condominium markets are equal in volume and median sales prices, vacant land parcels are up in volume and down in median sales prices. The commercial market is attempting to recover with new listings, however the market is slow in absorbing the high inventory by way of successful sales, the majority of properties are expiring and/or withdrawn prior to transfer. We’re still in a “buyers” market, seller motivation is strong, market rates continue to be appealing while qualifying scrutiny tightens.

2nd Quarter 2014 vs. 2nd Quarter 2013 Residential Markets

126 New Listings… up 10.52%
22 Pending Sales…down 18.51%
32 Residential Homes resulted in a successful close…down 13.51%
Median Priced Sold Homes…$123,450., down 5.03%
Average DOM (Days on the Market) 138, up by 37 days or 21.10%
Lowest Residential Sale… 9 Leisure Drive, Ossipee $25,000 | .69 acres
Highest Residential Sale…15 Cassie Cove, Ossipee $255,000 | .69 acres w/495′ of shared water frontage

2nd Quarter 2014 vs. 2nd Quarter 2013 Condominium Market

6 New Listings…up 50%
0 Pending Sales…equal w/2nd Qtr, 2013
0 Condominiums resulted in a successful close…equal w/2nd Qtr, 2013
Median Price Sold Condo…$0
Average DOM NO DATA
Lowest Condominium Sale…
Highest Condominium Sale…

2nd Quarter 2014 vs. 2nd Quarter 2013 Vacant Land Market

49 New Listings…up 11.36%
5 Pending Sales…up 150%
5 Vacant parcels resulted in a successful close…up 66.66%
Median Price of vacant parcels…$24,000., down 62.5%
Average DOM (Days on the Market) 172…down 61.46%
Lowest Vacant Land Parcel…14 Leisure Drive, Ossipee $5,000 | .76 acres
Highest Vacant Land Parcel…NH Route 28, Ossipee $90,000 | 2 acres commercially zoned

2nd Quarter 2014 vs. 2nd Quarter 2013 Commercial/Industrial Market

19 New Listings… up 26.66%
1 Pending Sales…up 100%
0 Commercial properties resulted in a successful close…equal with last year 2nd qtr.
Median Priced of Commercial Property…No Data…
Average DOM (Days on the Market) No Data

Based on information from (NNEREN) Northern New England Real Estate Network, Inc. | January 1st through June 30th, 2013 & January 1st through June 30th 2014.

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@KathleenKizer.com. Call the office at 603-539-3200, ext. 208 or direct at 603-707-2753.

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