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Dan Littlefield, Broker

Lake Winnipesaukee Real Estate, Lakes Region, NH - First week of June 2011 Closed Sales

Well the first week of June didn't break any records for numbers of transactions but it speaks clearly of the kind of activity we are seeing around the lake this Spring and Summer. There were (4) four transactions that closed that were properties that had owned shorefrontage on the lake and only (1) that was a shared access property.

137 Pinnacle Park Road

137 Pinnacle Park, Meredith

This beautiful adirondack with a .66 acre parcel of land and 150 feet of frontage in Meredith closed after 18 days on the market. Asking price was $1,295,000.00 and it closed at $1,190,000.00 for an 92% List to Sale price ratio. Not bad. It is assessed at $1,141,000.00 so the Sale Price to Assessed Value was at 84%. This sale was done with conventional financing.

62 Rollins Road

62 Rollins Road, Alton

This classic lakefront cottage actually had three lots of record for a total of 6.57 acres with 392 feet of shore frontage. It was on the market for a total of 137 days before going under contract. Asking price was $1,499,000.00 and it sold for $1,325,000.00 giving it an 88% List to Sale Price ratio. Assessment came in at a healthy $1,574,300.00 so the Sale Price to Assessed Value also comes it at 84%. Do I see a trend forming? This transaction was a cash sale.

272 Meredith Neck Road

272 Meredith Neck Road

I would say the Best Bang for the Buck award goes to this property in Meredith. With 23 acres of land and 170 feet of shore frontage this energy efficient house sold after 96 days on the market. Asking Price was $1,650,000.00 and it sold for $1,475,000.00 or an 89% List to Sale Price Ratio. It was actually assessed for $862,197.00 which brings the Sale Price to Assessed Value Ratio up to 117%. So much for my forming trends. This transaction was also a cash sale.

56 Kona Bay Road

56 Kona Bay Road

Last, but certainly not least was this beautiful property in Moultonborough on .89 acres with 200 feet of frontage. This was a brand new home that was just sold prior to completion. Asking Price was a healthy $1,999,999.00 and it closed at $1,720,000.00 for an 86% List to Sale Price Ratio. This home was on the market for only 8 days prior to going under contract. The Assessed Value was $1,263,000.00 so it came in at a strong 136% Sale Price to Assessed Value ratio. This transaction was a cash sale.

4 Casanna Street

4 Casanna Street

On the other side of the spectrum, we had only (1) property that was a shared access property to Lake Winnipesaukee that closed. This home in Moultonborough is located in the Suissevale development and was listed for a very attractive price of $94,500.00. It sold after being on the market for only 30 days. Sale Price was $100,000.00 for a LP/SP ratio of 111%. The Assessed Value is $172,700.00. This gives us a Sale Price to Assessed Value of only 58%. That seems like a great value to me. This transaction closed with conventional financing.

Well, there you have it. Lake Winnipesaukee real estate transactions for the first week of June, 2011.

If you would like to know more about real estate that is available on or around Lake Winnipesaukee, please feel free to contact me directly anytime at 603-707-9194 or send me an email at LakesRegionRealtor@gmail.com and be sure to check out my website www.DanLittlefield.com for all of the available properties in the area.

DAN LITTLEFIELD
www.Facebook.com/LakesRegionNHHomes
Coldwell Banker Residential Brokerage
32 Whittier Highway, Rt. 25
Center Harbor, New Hampshire 03226
603-253-4345 x-110

Lake Winnipesaukee Real Estate - First 6 Months of 2011, Where are we at?

Lake Winnipesaukee Real Estate


Ok, So we have gotten through 6 months of activity in the Lakes Region and we're finally starting to see activity like a normal summer. It HAS BEEN a very long Winter and Spring season. But, we are now into June, whew! Well, we do we stand so far with real estate transactions around our Lake Winnipesaukee region? I did a little research this morning and came up with these statistics: Remember, this is for waterfront listings ON Lake Winnipesaukee. It does not include condos or land.

ALTON:

# of Units Closed - 6
Closed Sales in Volume - $4,735,000.00
AVG Sale - $947,000.00
AVG Days on Market - 156
# of Pending/CO Sales - 2
AVG List $ of PE/CO Sales - $942,450.00

CENTER HARBOR:

There have been NO sales and are NO pending waterfront sales in Center Harbor for 2011.

GILFORD:

# of Units Closed - 2
Closed Sales in Volume - $2,849,000.00
AVG Sale - $1,424,500.00
AVG Days on Market - 217
# of Pending/CO Sales - 2
AVG List $ of PE/CO Sales - $1,947,000.00

LACONIA:

# of Units Closed - 3
Closed Sales in Volume - $2,546,000.00
AVG Sale - $848,666.00
AVG Days on Market - 395
# of Pending/CO Sales - 3
AVG List $ of PE/CO Sales - $612,933.00

MEREDITH:

# of Units Closed - 6
Closed Sales in Volume - $7,483,000.00
AVG Sale - $ 1,247,166.00
AVG Days on Market - 256
# of Pending/CO Sales - 3
AVG List $ of PE/CO Sales - $1,274,666.00

MOULTONBOROUGH:

# of Units Closed - 7
Closed Sales in Volume - $4,340,000.00
AVG Sale - $ 620,000.00
AVG Days on Market - 222
# of Pending/CO Sales - 5
AVG List$ of PE/CO Sales - $2,447,000.00

TUFTONBORO:

# of Units Closed - 1
Closed Sales in Volume - $ 180,000.00
AVG Sale - $180,000.00
AVG Days on Market - 89
# of Pending/CO Sales - 0

WOLFEBORO:

# of Units Closed - 5
Closed Sales in Volume - $4,561,000.00
AVG Sale - $ 912,200.00
AVG Days on Market - 309
# of Pending/CO Sales - 0

Remember, these statistics are strictly properties that are owned frontage on Lake Winnipesaukee. Statistics will vary when including all residential sales, or properties with shared frontage such as condo associations or lake access communities.

If you or someone you know is interested in property around the Lake Winnipesaukee area, or the Lakes Region in general, please feel free to contact me and I will be glad to assist you with your specific real estate needs. www.DanLittlefield.com


DAN LITTLEFIELD, SFR
www.Facebook.com/LakesRegionNHHomes

COLDWELL BANKER RESIDENTIAL BROKERAGE
32 WHITTIER HIGHWAY, ROUTE 25
PO BOX 161
CENTER HARBOR, NEW HAMPSHIRE 03226
603-253-4345 x-110

Top 10 Most Expensive Homes Sold on Lake Winnipesaukee, NH in 2010

Yes, it's January. And what comes with January but a slew of "Top 10" lists of just about everything under the sun. So, I thought I would give you a list of the "Top 10 Most Expensive Homes Sold on Lake Winnipesaukee in 2010". All information and photos are courtesy of the Northern New England Real Estate Network, our Multiple Listing Service (MLS). Enjoy!

Lake Winnipesaukee's 10 Most Expensive Homes Sold in 2010

The 10th Most Expensive Home Sold on Winnipesaukee

MLS # 2784996

65 Spindle Point, Meredith, NH

Purchased in October, this beautiful Meredith home sold for $2,600.000. That was 11% less than the asking price of $2,925,000. This 5699 square foot home sits on 1.39 acres of land and has 170' of frontage on Meredith Bay. This home was on the market for 388 days before going under contract.

The 9th Most Expensive Home Sold on Winnipesaukee

MLS 4015770

27 Umbrella Point, Wolfeboro

Sold in November for $2,300,000. this Wolfeboro home with spectacular 180 degree views closed at 32% less than the asking price of $3,388,000. It was on the market for only 6 days. With 7571 finished square ft. and 210 of frontage on Umbrella Point, it boasts absolutely stunning long views of the the broads on Winnipesaukee.

The 8th Most Expensive Home Sold on Winnipesaukee

MLS 2768676

45 Swan Point & Eagle Shore Road, Moultonborough

This beautiful Moultonborough home is set in a very private setting and sold for $3,150,000 in June after being listed for 392 days. That was 10% below the asking price of $3,450,000. It was on the market for 392 days before going under contract. With 6013 finished square feet and a whopping 668 ft of frontage in a well protected cove, it has 3 docks, 180 degree views, a sandy beach, boat ramp a 5500 sq ft home with a 700 sq ft pavilion at waters edge.

The 7th Most Expensive Home Sold on Winnipesaukee

MLS 2792403

48 Caitlin Estates Road, Moultonborough

Making the list as number 7, this exceptional new home was sited on a very desirable lot with western exposure offering sunsets and breathtaking views from every room. It sold in August for $3,100,000. which was 11% less than the asking price of $3,495,000. It offered 4000 finished sq. ft. with 5 bedrooms, and 6 baths, 228 ft of frontage looking out Westerly towards Black Cat Island. This home sold in 157 days.

The 6th Most Expensive Home Sold on Winnipesaukee

MLS 2818911

14 Caverly Point Road, Tuftonboro

This is the only home in the small town of Tuftonboro to make the list this year, but what a beauty. Sold in November for an even $3,000,000. this was 20% less than the asking price of $3,750,000. This one was listed for 218 days before being scooped up. Located right on the outer point as you enter into Twenty Mile Bay, this spectacular home boasts 6500 finished sq. ft. and 204 feet of frontage on the big lake. With over 4 acres of land, a two slip boathouse, private beach, hot tub, carriage house, tennis court...what more do you need?

The 5th Most Expensive Home Sold on Winnipesaukee

MLS 2794593

49 McLeod Road, Alton

The first property in Alton to make the list, we have a gorgeous 23 acre family compound with 650 feet of frontage, 3 lots of record, your own private pond and brook, covered boat slip, and incredible long views with protection from the prevailing winds. This unique property sold in December after being on the market for 471 days for $3,500,000. which was 11% less than the asking price of $3,950,000.

The 4th Most Expensive Home Sold on Winnipesaukee

MLS 2756342

140 Alpine Park Road, Moultonborough

Wow, what an unbelievable spot! 2.8 Acres in Moultonborough with 288 feet of white, sandy beach with a separate docking area with spectacular sunsets and views designed by Scott C. Fuller Development. This gorgeous 8000 sq ft custom built Adirondack home sold in April for $3,800,000 after being on the market for 414 days. It sold for 12% less than the asking price of $4,295,000.

OK, On to the Top 3! These homes are just breathtaking examples of what the Lake Winnipesaukee lifestyle is all about. 2010 was a challenging year in the real estate market, but as you can see, there was good activity in the higher end market. Many people were able to get great deals on great homes. Of course, this is the upper end of what is available on Lake Winnipesaukee. You can get into a home on the lake for much less and be able to enjoy this waterfront lifestyle that some people only dream about....OK, back to the list!

The 3rd Most Expensive Home Sold on Winnipesaukee

MLS 2810788

46 Rocky Winds Drive, Moultonborough

Unforgettable...is one of the words you would use to describe this custom built Adirondack home built by Skiffington Homes. This unique home sold in May for $3,900,000.. This was 9% less than the asking price of $4,295,000. It has westerly exposure and a sandy beach with 200 feet of frontage, 8000 sq ft of finished space and absolutely nothing left out for your enjoyment. Located in the "Kona Mansion" area of the lake, this home has it all.

The 2nd Most Expensive Home Sold on Winnipesaukee

MLS 2780520

68 Sewall Road, Wolfeboro

The picture honestly, doesn't do this one justice. It is absolutely exquisite. Located in the highly desirable Sewall Road area of Wolfeboro, the oldest resort town in the US, this home sold in March for $4,250,000, 13% less than the asking price of $4,900,000. after being on the market for 283 days. With 247 ft of frontage offering long views of the lake, 1.1 acre of land and 6,630 finished sq ft, this home definitely has it all.

AND HERE IT IS.....

The 1st Most Expensive Home Sold on Winnipesaukee in 2010

MLS # 2788170

59 Little Road, Meredith

This beautiful property closed in October for $6,839,000, which was only 2% less than the asking price of $6,999,000. after being on the market for 419 days. This recreation turn of the century handcrafted lake home offers luxury and views from every room in the house. With a birds eye view from the roof deck, incredible kitchens, soaring stone fireplaces in law appt., outdoor kitchen, wine cellar, sauna and the list goes on and on, you have it all. It had a double boathouse foundation installed and a permit in place for a large, W-shaped dock. This was a new home that was being built and offered by the builder but marketed through Coldwell Banker Residential Brokerage in Center Harbor. It has 4.31 Acres of privacy, 830 ft of water frontage looking out towards Pine Island, and 12,933 feet of finished space to call home.

Congratulations to all of the new home owners of these exquisite properties!

Well, there you have it, the Top 10 Priciest Homes Sold on Lake Winnipesaukee in 2010, what a collection. Of course, as I mentioned you can get onto the lake with even a condo and dock space for under $200,000.00. There are lots of opportunities to take advantage of in todays market.

If I can be of any assistance in helping you find a place on Lake Winnipesaukee or anywhere in the Lakes Region, please check out my website at www.LakesRegionNHHomes.com or give me a call at 603-707-9194 and let me know what you are looking for from a condo on the lake to a beautiful custom built Adirondack, I can help you find it and make your Lake Winnipesaukee dreams become a reality....

Cheers! I've got to go back to work!

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Bell's Will Be Ringing!

Jingle Bells

Jingle, Jingle, Jingle....The Holiday Season is Here!

Well, here we are again, rolling into the Christmas rush and thinking about spending time with family and friends and enjoying the holidays. This is a well deserved thing to be able to do when you are "self-employed" as most of us agents are. But, we cannot lose sight of opportunities that are floating around as well.

This year, strange as it may seem, seems to have an extra ringy dingy in the mix as well...The telephones are ringing, can you hear them?

Cell Phone Ringing

There seems to be some pent up demand out there and from what I see, there are lots of Real Estate agents that are having darn good Decembers! But, it's the agents that are still swinging and haven;t decided that December is a slow month and nothing ever happens over the holidays. We STILL HAVE great rates, lots of inventory and people want to forge ahead and begin to feel like things are headed back in the right direction.

It's not that everything is dandy and we're back to the good old days, but, take notice, there is business happening and there are agents that are very busy right now. Are you one of them? Are you working your business hard to kick off the new year with a great start? Or are you just coasting and trying to decide if you still want to be in the game?

This is the time of year we all have a little time to think and plan. It's a great time of year to think about 2011 and what changes you're going to make to be more successful, what your going to stop doing that hasn't worked out for you and what you know you need to do but just plain haven't for whatever reason.

We're not completely over the hump yet, but I think 2011 could be a great year if you're willing to continue to work hard and do what ever needs to be done to build your business and take it to the next level. Enjoy the Holidays, take a little break, regroup and come back out strong and ready to fight for business for another year... 2011 is going to be the kind of year you decide to make it!


“I specialize in servicing both buyers and sellers of Distressed Properties, Residential Listings, First Time Homebuyers, Lakefront Properties, Vacation Homes and New Home Sales in the towns of Center Harbor NH, Meredith NH, New Hampton NH, Ashland NH, Holderness NH, Laconia NH, Gilford NH, Alton NH, Sandwich NH, Moultonborough NH, Tuftonboro NH, Wolfeboro NH, Gilmanton NH, Sanbornton NH and the Lakes Areas surrounding Lake Winnipesaukee, Lake Winnisquam, Lake Opechee, Squam Lake and Newfound Lake. I do work in other areas of New Hampshire to service my clients as well.”

Dan Littlefield Earns NAR Short Sales and Foreclosure Certification

SFR - Short Sale and Foreclosure Resource

Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales

Center Harbor, New Hampshire, November 24, 2010 — Dan Littlefield with Coldwell Banker Residential Brokerage has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows. According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction.

REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities. Dan is currently seeking to align with New Hampshire accounting and law firms interested in teaming with him to assist clients in working through Short Sales and Foreclosure alternatives. He is also looking to team with local contractors interested in working on REO / Bank Owned properties.

“As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® who has earned the SFR certification for these kinds of purchases.”

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolves. For more information on Short Sales and Foreclosure alternatives or teaming opportunities, contact Dan Littlefield at 603-253-4345 x-110 or LakesRegionRealtor@gmail.com