Alton NH Winnipesaukee Waterfront Market Conditions
From January 1, 2008 to August 20, 2008 three (3) Alton Lake Winnipesaukee waterfront homes have sold. These sales were 90 Minge Cove Road Alton NH, 82 Pipers Point Lane Alton NH, and 126 Pipers Point Lane. Alton NH The average days on market was 215. The average selling price was $1,535,000. The median selling price was $1,535,000. Will the fall of 2008 show the funneling of the high end waterfront market that typically occurs in the Autumn? How will it compare to last year's Autumn market? How will it compare to 2006? Let's take a look at Autumn 2007 and 2006
From October 1, 2007 to November 18, 2007, five (5) Alton Lake Winnipesaukee waterfront homes sold. The median selling price for these Alton Winnipesaukee real estate listings was $755,000. The average selling price for these real estate listings was $974,000. The average number of days on market was 58. In 2006, by comparison, only two (2) Alton Winnipesaukee waterfront homes sold. The median selling price was $659,000, lower than in 2007. The average selling price was lower in 2006 as well, being only $659,000 versus $974,000. The average number of days on market was longer in 2006. At 104 days, the number of days on market was almost twice as long as the average days on market in 2007.*
(*Based on information from the Northern New England Real Estate Network, for the town of Alton. This information includes Residential properties only, NOT condos or land.)
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