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Lake Winnipesaukee Area Real Estate Market Update for May 2008

Market Update

May 2008 May 2007
Number of Closed Transactions 110 129
Average Listing Price $343,168 $320,648
Average Sale Price $322,161 $302,467
Average Days on Market 174 155
Number of Pending Sales 125 101

Based on information from NNEREN for the period May 1 through May 30, 2008 and 2007 for single family residences in Belknap and Carroll Counties.

It has been a while folks since my last report (sorry), but here is the Lakes Region update for May 2008. As you can see there are 2 POSITIVE aspects to this report!!!

1.- The average sale price for Belknap and Carroll counties is UP - 6.12%!! Hooray!

2.- Look at the pending sales!!

Pending sales is a good indication of where the market is heading. Hopefully this means that things will start improving.

Buyers: Buy now while prices and interest rates are low. Don't wait any longer, now is the time!

Search ALL Lakes Region Land For Sale

Lake Winnipesaukee REALTORKim Carpenter, Wolfeboro, NH, Lake Winnipesaukee REALTOR®
Lake Winnipesaukee real estate, Alton, NH real estate
(603)978-2165

www.WinniHomeViews.com

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Posted Friday Jun 06