Carroll County, New Hampshire 3rd Quarter 2010 Residential Market Report

October 8th, 2010
by Kathleen M. Kizer

It continues to be a buyer’s market, but where are the buyers? 3rd Quarter stats for residential homes in Carroll County, New Hampshire report a 6% decrease in new listing activity and back on the market homes are up 26% over last year’s 3^rd quarter. Successful property transfers are down 24% while the average sales value increases 26.6%. Interest rates continue to be offered at a lifetime low, however, today’s lender qualifications are more stringent and many prospective buyers just don’t qualify. Sellers remain motivated and many available listings offer great value for the investment.

3^rd Quarter, 2010 vs. 3rd Quarter, 2009 Carroll County Real Estate Market

• 526 New Listings… down 6%
• 203 Homes Back on the Market…up 26%
• 171 Pending Sales…up 1.1%
• 218 Contingent Sales…down .4%
• 346 Expired Listings…up 5.8%
• 111 home were Withdrawn…down 5.1%
• 201 Residential Homes resulted in a successful close…down 24%
• Average Priced Sold Homes… up 26.6%
• Average DOM (Days on the Market) 149 day vs. 124 last year
• Lowest Sales Price… $22,000., 54 Shady Lane, Ossipee | The sale realized 87% of its original asking price, and spent 146 DOM…
• Highest Sales Price…$600,000., 3 North Kenney Shore, Lake Wentworth, Wolfeboro | The sale realized 92% of its original asking price and spent 152 DOM…

Based on information from the Northern New England Real Estate Network, Inc. for the period July 1^st through September 30^th, 2009 & July 1^st – September 30^th, 2010.

Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services

For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.