Dan O'Halloran Lake Sunapee Real Estate

Recently Katie Bacon from the New York Times published a fantastic article on the town of New London. When you are reading the article make sure to click on the slide show on the left hand side...they got some awesome photos of our area.

**update the online article is no longer available with the photos. The link below will take you to the text version of the article

New York Times article on New London

Source:

http://sunapeeregionblog.com/2008/10/18/new-london-in-the-ny-times/

With all the scary economic news flying around, I think it absolutely rocks when there is some positive news being reported! Today Forbes reported America’s Most & Least Vulnerable Towns to Recession

Least Vulnerable!
#1 Lebanon
#3 Keene
#7 Concord.
This is pretty awesome stuff (sorry to those on the “Most Vulnerable” side).

Also I would just like to take a moment to plug the Sunapee area in that New London is only 24.5 miles from Lebanon and 33.8 miles from Concord. This is probably my favorite part about our location….It’s an easy commute in either direction, so you could live on or next to the many lakes, close to Mount Sunapee (ranked #1 for snow conditions in the east!) and easily drive to work!

Local NH News WMUR also highlighted this article- check it out here.

Source:

http://sunapeeregionblog.com/2008/10/16/new-hampshire-makes-the-headlines-and-its-positive/

It certainly has been an interesting month with all the bailout news and it's affect on Wall Street, creating insane drops in the stock market...You'd think that everything real estate wise would come to a screeching halt and we'd all be out washing windows for extra $$! Well times are definitely uncertain, but banks are still lending and people are still buying and listing their homes. I have a closing coming up in 2 weeks that is through Bank of America and they've assured us there is nothing to worry about. I've also had a few closings with Sugar River Bank - Elizabeth Dabrowski (loan officer) and they have significant reserves and are able to lend with excellent rates and great programs. So it's not all gloom and doom...Although it does sound like there are some regions out there that are feeling the hit much harder than we are here in New Hampshire.

Historical Sales For Our 16 Local Towns
January 2006-23 Sales
January 2007-29 Sales
January 2008-27 Sales
February 2006-26 Sales
February 2007-30 Sales
February 2008-25 Sales
March 2006-35 Sales
March 2007-38 Sales
March 2008-17 Sales
April 2006-46 Sales
April 2007-28 Sales
April 2008-21 Sales
May 2006-56 Sales
May 2007-53 Sales
May 2008-34 Sales
June 2006-59 Sales
June 2007-46 Sales
June 2008-30 Sales
July 2006-48 Sales
July 2007-43 Sales
July 2008-40 Sales
August 2006-51 Sales
August 2007-54 Sales
August 2008-34 Sales
September 2006-43 Sales
September 2007-47 Sales
September 2008-36 Sales

• 51 Listing went under agreement this past month

• $225,000- 75 West Rd, Bradford NH
• $230,000- 34 Greenhouse Lane, Bradford NH
• $242,500- 61 Woodview Heights, Bradford NH
• $310,000- 76 Oakdale Rd, Bradford NH

http://sunapeeregionblog.com/2008/10/01/september-2008-sales/

Hard to imagine another month has flown by and we'll be stepping into Fall before we know it....Ok, here's the down and dirty on the past month.....looks like we're back to being 20 some odd sales behind previous years at this time frame. Although 57 listings went under agreement this past month and as usual, the office has been extremely busy. Recently I was setting up a full day of showings and 3 of the listings went under agreement before we even got a chance to see them! Also the weather has been absolutely fantastic so I think more people are making the drive up here to experience all the awesome outdoor activities we have in our area.

Historical Sales For Our 16 Local Towns
January 2006—23 Sales
January 2007—29 Sales
January 2008—27 Sales
February 2006—26 Sales
February 2007—30 Sales
February 2008—25 Sales
March 2006—35 Sales
March 2007—38 Sales
March 2008—17 Sales
April 2006—46 Sales
April 2007—28 Sales
April 2008—21 Sales
May 2006—56 Sales
May 2007—53 Sales
May 2008—34 Sales
June 2006—59 Sales
June 2007—46 Sales
June 2008—30 Sales
July 2006—48 Sales
July 2007—43 Sales
July 2008—40 Sales
August 2006-51 Sales
August 2007-54 Sales
August 2008-34 Sales

• 57 Listing went under agreement this past month

http://sunapeeregionblog.com/2008/09/03/august-2008-sales-sunapee-region/

As we are fast approaching Fall, I thought it would be good to do a quick run down on what has sold for land year-to-date in the 16 towns that make up the Sunapee Region. As you will see below I have compared it to previous years and provided sale price, acreage and location information for what has sold this year. The chart I put together is great as you can see how the average sales price has more than doubled in the past 7years. Also the transaction count has has gone down significantly which I believe is part because of our current "exciting" economy and the development of the area.

Andover NH

• $100,000--14.5acres on Beech Hill Rd, Andover NH

Bradford NH

• $57,000--8.13acres Lot 4 Dunfield Rd, Bradford NH
• $89,000--54acres on Tuttle Rd, Bradford NH

Goshen NH

• $85,000--137.1acres on Mountain Rd, Goshen NH
• $105,000--44.4arces on Center Rd, Goshen NH

Grantham NH

• $7,000--0.94acres at 44 Brookridge Drive, Grantham NH
• $15,000--0.43acres at 6 Whip-Poor-Will, Grantham NH
• $26,000--0.92acres on Stocker Pond Rd, Grantham NH
• $38,500--2.03acres at 15 Bright Slope Way, Grantham NH
• $40,000--0.85acres at 65 Longwood, Grantham NH
• $57,000--5.08acres on New Aldrich, Grantham NH
• $74,000--8.2acres on Walker Rd, Grantham NH
• $85,000--6.91acres at 912 Dunbar Hill Rd, Grantham NH
• $90,000--8.99acres on Walker Rd, Grantham NH

Lempster NH

• $35,200--5acres on Nichols Rd/Manor Rd, Lempster NH
• $50,000--34.5acres at Dodge Hollow Rd, Lempster NH

New London NH

• $115,000--2.8acres on Hall Farm Rd, New London NH
• $125,000--0.77acres at Lot 4 Todd Farm, New London NH
• $132,500--4.22acres on Whitney Brook Rd, New London NH
• $155,000--15.18acres on Baker Rd, New London NH
• $175,000--3.51acres at Little Sunapee Rd, New London NH
• $230,000--0.14acres at 1539 Little Sunapee Rd, New London NH

Newbury NH

• $37,000--0.15acres at 26 Perry Court, Newbury NH
• $51,000--2.7acres on Winding Brook Rd, Newbury NH
• $55,000--2.07acres on Chalk Pond R, Newbury NH
• $62,500--6.1acres on South Rd, Newbury NH

Newport NH

• $33,000--2.09acres at Rowell Rd, Newport NH
• $34,500--1.95acres Rowell Rd, Newport NH
• $45,000--11.05acres on Pine Rd, Newport NH
• $49,900--2.17acres at 340 Maple St, Newport NH
• $122,000--72acres Langley Rd, Newport NH

Springfield, NH

• $40,000--4.3acres Stoney Brook Rd, Springfield NH
• $57,000--8.2acres on Hazzard Rd, Springfield NH
• $69,000--5.2acres Hogg Hill, Springfield NH
• $115,000--12acres Sanborn Hill Ext, Springfield NH
• $129,000--16.5acres 323 Grantham Rd, Springfield NH

Sunapee, NH

• $200,000--5acres at 1106 Route 11, Sunapee NH
• $290,000--15.1acres at 207 Timmothy Rd, Sunapee NH
• $340,000--10.15acres at 12 Granite Ridge Rd, Sunapee NH

Sutton NH

• $35,000--2acres on Pond Rd, Sutton NH
• $50,000--7.39acres on Rowell Hill Rd, Sutton NH
• $79,000--12.87acres on Shaker St, Sutton NH
• $115,000--7.48acres on Shaker St, Sutton NH
• $145,000--21.5acres on Shaker Rd, Sutton NH
• $290,000--110acres on Fox Chase Rd, Sutton NH

Warner NH

• $5,000--Route 103 Melvin Mills Rd, Warner NH
• $70,000--48acres on Route 103, Warner NH

Washington NH

• $33,500--10acres on Twin Bridge Rd, Washington NH
• $35,000--9.49acres at 186 Beaver Brook Drive, Washington NH
• $35,500--1.69acres at 242 McKinley Drive, Washington NH
• $154,900--2acres on Beaver Brook, Washington NH

Wilmot NH

• $66,000--2acres at Lot 2 Campground Rd, Wilmot NH
• $66,000--3.52arces at Lot 1 Campground Rd, Wilmot NH
• $90,000--3.1acres at Deerwood, Wilmot NH

Source:
http://sunapeeregionblog.com/2008/08/27/you-sold-your-land-for-what/