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.
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