Year-end 2010 vs. Year-end 2009 Residential Market
- 123 new listings… up 6.03%
- 46 pending sales…up 48.38%
- 40 residential homes resulted in a successful close…up 5.26%
- Average priced sold home…$434,760.00 up 8.93%
- Average DOM (days on the market) 227…increased by 18.79% or 36 days
- List to sell ratio 88.91% | a decrease of 3.09% over the year prior
- Lowest residential sale…47 Mountain Road, Tuftonboro $24,000. | Bank owned foreclosure, realized 40% of original list price.
- Highest residential sale…58 Governor Wentworth Highway, Tuftonboro $1,500,000. | 158’ of water frontage on Lake Winnipesaukee realized 88.5% of original list price.
- Median list price $254,450.00…down 8.2%
Year-end 2011 vs. Year-end 2010 Residential Market
- 105 new listings… down 14.6%
- 34 pending sales…down 26.8%
- 41 residential homes resulted in a successful close…a slight increase of 2.5%
- Average priced sold homes…$290,527.00 down 33.17%
- Average DOM (days on the market) 278…increased by 22.83% or 51 days
- List to sell ratio 89.98% | an increase of 1.2% over the year prior
- Lowest residential sale…127 Sodom Road, Tuftonboro $27,000. | Seasonal camp on ½ acre parcel, realized 27% of original list price.
- Highest residential sale…17 Mirror Lake Drive, Tuftonboro $850,000. | 142’ of water frontage on Mirror Lake, realized 56% of original list price.
- Median list price $259,900.00…up 2.14%
Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st, 2009 through December 31st, 2011.
Contributed by Kathleen M. Kizer, ABR, GRI, ePRO, REALTOR, Broker Associate, Costantino Real Estate, LLC | Certified Residential Appraiser, NHCR-616 | Wolfeboro Appraisal Services “Your Lakes Region Professional”
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call direct at 603-539-3200.
