WOLFEBORO NH | AUGUST HOME SALES REPORT

By
Real Estate Agent with Randy Hilman Homes in partnership with Bean Group NH# 067519

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Wolfeboro NH | August Home Sales Report  - Wolfeboro August home sales slid 36% from July 25% year over year.  Home sales year-to-date were up a whopping 54% with 83 closed transactions compared to 54 during the same period a year ago.

August dollar sales volume fell year over year,  declining nearly 46% from $5.332 million last year to $2.896 million.  For the year, however, dollar volume rose with increased sales, up 35.4% to $39.920 million.

The month of August saw 21 new listings added to inventory,  slightly lower than a year ago, when 23 homes were brought to market.  Year-to-date, however, 220 homes were brought to market compared with 198 homes last year, an increase of 11.11%.  Currently, there are 169 homes available for sale, or a 15.5-month supply of available housing based on an average statistical absorption of 10.9 units per month over the previous 12 months.

Meanwhile, the median price of a Wolfeboro home stood at $250,000 in August, a decline of 11.5% year-over-year.  The YTD median home price was also down 6.48% year-over year to $252,000.

Wolfeboro homes on average sold 35% faster in August than in August 2014 and 13.64% faster year-over-year through August, from an average days on market of 178 days on market to 153 days.

HERE ARE THE RELEVANT HOUSING NUMBERS*:

ALL HOUSING:        AUGUST YoY | YTD YoY

New Listings:            24/30 (- 20%)  | 257/242 (+06.19%)

Sold Listings:             13/15 (- 13.33%)  | 101/66 (+ 53.03%)

Pending Listings:      17/10 (+ 70%)  | 88/63 (+ 39.68%)

$ Vol. Sold (Mill):       4.171/5.856 (- 27.07%) | 43.781/31.646 (+ 38.34%)

Median List Price:     .263/.280 (- 06.21%) | .250/.254 (- 01.78%) 

Median Sell Price:     .253/.264 (- 04.35%) | .245/.235 (+ 04.25%)

Ave. Days on Mkt.     121/152 (- 20.47%) | 148/176 ( -15.69%)

* Based on information from the Northern New England Real Estate Network, Inc., for the periods shown.

"What Matters to You, Means Everything to Me"!

If you're planning to buy or sell homes and land in Wolfeboro and elsewhere in the beautiful Lakes Region of New Hampshire, please contact me, Randy Hilman, to experience the Keller Williams difference.  Keller Williams and I are ready, willing and able to take you where you want to go.

 Please visit my website at www.randyhilmanhomes.kwrealty.com  For direct inquiries or questions, please email me at  rhilman@randyhilmanhomes.com or call 603 569-HOME (4663).

Comments (3)

Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Not nearly as steep as I thought it would be Randy. Whenever I see "Wolfeboro" I am compelled to stop in and see what one of my favorite getaways is doing. Thank You!

Aug 31, 2015 01:06 AM
Randy Hilman REALTOR® Associate Broker
Randy Hilman Homes in partnership with Bean Group - Moultonborough, NH
Guide & Mentor to Home Buyers & Sellers

Hi Kevin J. May.  Thanks for stopping by and checking out what real estate is doin' in America's Oldest Summer Resort Community.  What's the connection, if I may ask?

Aug 31, 2015 01:12 AM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I've been going there off and on since the mid seventies, typically for R & R in the fall and hiking at other times of the year. In Summer it's boating whether power or sail. I stay with friends and as long as the Inn is open I'll keep coming back there for dinner, roast lamb with mint jelly.

Aug 31, 2015 01:37 AM