Regarding $3,000,000 plus SOLD and PENDING sales this year, on both Lake Winnipesaukee and Squam Lake.... As of June 18, 2010 the following properties at $3,000,000 or more have sold.
1) The Squam Lake waterfrront land sale on High Haith Road that closed for $3,600,000 was listed at $4,500,000.
2) The 68 Sewall Road home on Lake Winnipesaukee in Wolfeboro closed for $4,250,000 and was listed at $4,900,000.
3) The 140 Alpine Park Road Moultonborough Winnipesaukee waterfront new construction sold for $3,800,000 and was listed at $4,295,000. (The builder paid $2,200,000 for the lot two years ago.)
4) 46 Rocky Winds, Moultonborough sold the week of 05/10/2010 for $3,900,000 and was listed at $4,295,000. (The Builder paid $1,525,000 for the land in 2006.)
The following two Winnipesaukee real estate offerings are pending as of June 18, 2010.
5) & 6) There are currently two Winnipesaukee waterfront sales pending in the $3,000,000 plus range. The first is is 48 Caitlin Estates Road, Moultonborough and the second is 45 Swan Point Road, Moultonborough. CENTURY 21 lakes Region real estate represents (or represented) the Buyer and or Seller in 4 of the above 6 transactions.
* Statistics drawn from the Northern New England Real Estate Network on June 18, 2010 for residential and land sales on Squam Lake and Lake Winnipesaukee.
NO sales of properties listed at $3,000,000 or above sold in 2009 from the time period January 1, 2009 to June 18, 2009. Everyone is welcome to infer what they like from these statistics. Check back soon if you'd like to keep current with high end Lake Winnipesaukee real estate statistics.
Regarding $3,000,000 plus SOLD, PENDING AND CONTINGENT sales on both Lake Winnipesaukee and Squam Lake to date for 2010:
1) The Squam Lake waterfrront land sale on High Haith Road that closed for $3,600,000 was listed at $4,500,000.
2) The 68 Sewall Road home on Lake Winnipesaukee in Wolfeboro closed for $4,250,000 and was listed at $4,900,000.
3) The 140 Alpine Park Road Moultonborough Winnipesaukee waterfront new construction sold for $3,800,000 and was listed at $4,295,000
(The builder paid $2,200,000 for the lot two years ago.)
4) 46 Rocky Winds, Moultonborough sold the week of 05/10/2010 for $3,900,000 and was listed at $4,295,000. (The Builder paid $1,525,000 for
the land in 2006.)
5) & 6) There are currently two Winnipesaukee waterfront sales pending or contingent in the $3,000,000 plus range.
The first is is 48 Caitlin Estates Road, Moultonborough and the second is 45 Swan Point Road, Moultonborough. CENTURY 21 lakes Region real estate represents (or represented) the Buyer and/or Seller in 4 of the above 6 transactions.*
*(Based on information from the Northern New England Real Estate Network June 17, 2010 for the above-referenced lakes. This information includes Residential and Land sales on Squam Lake and Lake Winnipesaukee.)
By comparison, NO sales of Lake Winnipesaukee or Squam Lake properties listed at $3,000,000+ transpired January 1, 2009 - June 17, 2009 2009. The six Lake Winnipesaukee sales of properties listed for $3,000,000 or more took place from July 1, 2009-December 31, 2009*. Everyone is welcome to infer whatever they mayinfer from the above statistics.
(*Statistics drawn from Northern New England Real Estate Statistics for the time period January 1, 2009-December 31, 2009.
In Alton in 2008 the median selling price for Lake Winnipesaukee real estate was $1,231,250 and the average selling price was $1,125,938. In 2009 the median selling price for Alton Lake Winnipesaukee real estate was $425,000 and the average selling price was $634,567. 13 of the 15 Alton Lake Winnipesaukee homes that sold were BELOW $1,000,000, quite a startling statistic. The only Alton lake Winnipesaukee home above $1,000,000 which sold in 2009 was 107 Clay Point, which sold for $3,200,000 (and was offered at $3,350,000).The average number of days on market in Alton was 166 in 2009 versus 232 in 2008. In 2008 5 of the 8 Alton Lake Winnipesaukee homes for sale, actually sold for above $1,000,000. To sum up these alton Lake Winnipesaukee statistics, selling prices were higher in 2008, while total number of homes sold almost doubled in 2009.
The average selling price for Lake Winnipesaukee real estate in Tuftonboro was higher in 2009 than in 2008. The average selling price was $1,129,557 in 2009 and only $756,286. The median selling price in 2009 was also higher for Tuftonboro Lake Winnipesaukee than in 2008. The median was selling price was only $635,000 in 2008, whereas the median selling price was $970,000 in 2009. The fact that the median number of days on market was longer in 2009 (173 days in 2009 as opposed to only 90 days in 2008) helps show what I believe to be true, that when it comes to high end Lake Winnipesaukee real estate Selling Prices, a higher number of days on market does NOT always have a negative impact on Selling Price. (Statistics drawn from Northern New England Real Estate Network, (Our NNEREN MUltiple Listing System or "MLS" for the town of Tuftonboro, NH 2008-2009).
The town of Laconia, NH saw its Lake Winnipesaukee Waterfront Home Sales sales double in volume! Yes...In 2009 there were twice the number of Lake Winnipesaukee home sales as in 2008. Could more good news be coming in other Lake Winnipesaukee towns? But back to the town of Laconia....In 2009 there were 8 Lake Winnipesaukee waterfront homes that were sold compared to only 4 Lake Winnipesaukee Laconia, NH homes sold in 2008. The median selling price for Laconia Lake Winnipesaukee waterfront home sales was just slightly down in 2009 to $481,250 from $527,500 in 2008. *
(Lake Waterfront Sales Prices were actually up in other Lakes Region, NH towns. Check out my real estate trends page and my blog on my website www.nicolewatkins.com in the upcoming days for more information on activity in the Lake Winnipesaukee-shored towns in 2009 compared to 2008.
*New England Real Estate Network, for the Town of Laconia, NH in 2008 and 2009. This information includes residential homes with owned waterfrontage, NOT condos or land Please note that days on market will not be accurate if a property listing has been listed with more than one real estate agency or if the property was off the market for 30 days or more.)
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Nicole Watkins of CENTURY 21 Lakes Region Realty has sold primarily in the Moultonborough NH area for the past 8 years. Though raised in the Lakes Region, her Real Estate career began in NYC in 1988.
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