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Ossipee Lake Waterfront Sales 2011

Kathleen M. Kizer "Your Lakes Region Professional": Real Estate Agent in Wolfeboro, NH
Here is a recap of all the direct waterfront properties that were sold on Ossipee Lake and it’s Bays throughout 2011.

Address Original List Price Reduced List Price Sold Price

  • 17 Hold Road, Freedom $249,000 $235,000
  • 8 Channel Road, Ossipee $399,000 $324,000 $320,000
  • 379 Huckins Road, Freedom $399,000 $349,000 $320,000
  • 16 Old Broad Bay Road, Ossipee $625,000 $399,000 $380,000
  • 431 Pequawket Trail, Freedom $435,000 $399,000 $380,000
  • 11 Bay Point Road, Ossipee $579,900 $475,000 $460,000
  • 8 Long Sands Road, Ossipee $799,000 $499,900 $470,000
  • 105 Leavitt Road, Ossipee $799,000 $699,000 $625,000
  • 114 Leavitt Road, Ossipee $899,900 $749,000 $735,000

The average “days on market” for these sales was 237.5 days. However, remember this number can be skewed as some of these properties came off the market and then were re-listed later at lower prices…so the days on the market were reset. If we were to track those that came off and on the market several times the days on market increases to 562 days.

Average Sales Prices on Ossipee Lake over the last 6 years

  • 2006 $498,000
  • 2007 $472,000 Decrease of 5.25
  • 2008 $442,000 Decrease of 6.3%
  • 2009 $428,000 Decrease of 3.1%
  • 2010 $377,000 Decrease of 11.9%
  • 2011 $431,000 Increase of 14.3%

When averaged out over 6 years the values have dropped 14.3%, compared to 26.5% through 2010, perhaps this is a sign of “better times” in the Lakes Region. It appears much more dramatic when reviewing some of the asking prices, but actually sold data reflects and average 93.5% of the reduced listing price; supporting the fact that it is extremely important to price the property correctly on the initial listing.

Out of the nine reported sales Costantino Real Estate, LLC had involvement in six transactions either the listing side, selling side or both.

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st, 2006 through December 31st, 2011.

Contributed by Costantino Real Estate, LLC. 1018A Route 16 – P.O. Box 430 – Ossipee, NH 03864

For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call direct at 603-539-3200.

Ossipee Waterfront Value is a bank owned waterfront real estate dream come true in Ossipee NH

08-11-10
Bill Barbin
Bill Barbin: Real Estate Agent in North Conway, NH

Just a quick market recap on the Ossipee NH waterfront real estate market for August 2010:

It is in tough shape! With foreclosed real estate on Ossipee Lake waterfront at an all time high this year, the bank owned lakefront homes are some of the only properties that have sold and have set the values for future sales.

My foreclosure property listing for sale at Weetamoe Shores Association in Ossipee NH is a perfect example of bank owned property values. Unit #9 at 80 Weetamoe Rd. in Ossipee NH is set on the grounds of a former set of camps on Ossipee Lake. The association owns the approx. 3100 ft of waterfront beachfront on Lake Ossipee. The unit owner is alotted a private area of beach and 1 boat slip on the dock. The assoc. fees have avg. out to approx. $225/month. Most people pay more for golf course memberships! Speaking of which, it is not a related business but the property backs up to the Indian Mound Golf Course in Ossipee NH. So you have Ossipee lake, beach and boat slip on one side of you and a golf course, with a very respectable 19th hole, on the other side of you, in a private association setting. The camp itself looks great. It was remodeled when they all went condo back in 05-06. It has 2 small bedrooms, a laundry closet for a stacked unit, a full bath, kitchen with small breakfast bar and an open concept area for a small living room. This is a great place to play outdoors. The house is nice, clean and upscale living but it's a lake camp. Off the deck there is a small "bunkhouse", which is a finished room with an exterior, lockable door and (unknown insulation) that has electric baseboard heat and a cable tv outlet.

For those people that love the Ossipee Lake off-season, so to speak, the views from the beach explode in a display of fall color across the entire presidential range. Ossipee Lake itself, once frozen, becomes a crossroads for major recreational snowmobile trails, while the surrounding valleys have some of the best cross country skiing in New England. Alpine skiing is considered to have been brought to America, just a 20 min. drive away in North Conway NH. North Conway NH is home to a robust 2nd home market as it has grown into a 4 season, multiiappeal resort. Surrounded by famous skiing centers like Cranmore Mountain Resort for downhill skiing, boarding, etc and Jackson Ski Touring Foundation for cross country skiing (to name a few) for winter fun and the hiking, canoeing, concerts, and other summer events, North Conway NH is the secret weapon of the Ossipee laker. For the Ossipee Lake Vacationer North Conway is the place they can get away to on their terms. They may know a back way into town, or at least the best times to avoid the Conway traffic! But best of all, on Friday evening, when most of the traffic is still heading north into the time consuming villages, the Ossipee Laker is already at his vacation camp.

And please remember, my free smartphone application will be sent to you by text, if you text "nehomes" to 87778. This thing rocks! You can use the gps in your phone or search by address, zip, etc and see all the real data on homes for sale right where you are! It's free, so why not?

If you like your phones dumb, like I do, my website at http://www.billbarbin.com has simple search fields for NH and Maine Real Estate. You get all the info. for free, no worries. Just use it!

Oh yeah, you can download the mobile application by going to the website and putting in your phone # by going to http://mobile.smarteragent.com/badger/billbarbin/ .

Great new bank owned waterfront property in Ossipee NH foreclosure for sale video

06-28-10
Bill Barbin
Bill Barbin: Real Estate Agent in North Conway, NH
I just got a new Bank of America listing for sale on Ossipee Lake in Ossipee NH. This is a one of a kind offering. We have not seen very many bank owned real estate parcels for sale on Ossipee Lake. This is a foreclosure condo, actually a campominium, with direct waterfront on Ossipee Lake. The association has 3100 feet of lakefront property with a white sand beach. Each of the 16 unit owners is designated a strip of beach for their own use. The camp also has 1 slip space on a dock on Ossipee Lake. The site around each camp has it's own use of the area for privacy. This is lakefront on Ossipee Lake. The association was a girl scout camp on Ossipee Lake that has been converted to condominium, hence my new term: campominium. Each of the 16 camp buildings has been made into a very comfortable single residential unit. This cabin has a dock on the lake and private use of beach area on Ossipee Lake. Don't miss out on this reo real estate opportunity. This property sold in 2006 for $360,000! It is now offered as a bank owned property for $249,900 on Ossipee Lake. Check out the video to see more.

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04-30-08
Tim Wade
Tim  Wade: Real Estate Agent in Wolfeboro, NH

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Lake Ossipee Water Access

• 635 sq. ft., 1 bath, 2 bdrm single story "Cottage/Camp" - MLS® $399,900

Ossipee Lake, Ossipee - Located in Lake Ossipee's most prestigious condo cottage community which is situated on 24 acres with a total of 3200 feet of sugar sandy beach, "The Pine" unit offers dock rights, has a foundation in for a 20 X 22 addition, has a limited common area and 100 feet of water frontage, plus you get one year free membership to Indian Mound Golf Course.

Property information

SEARCH ALL OSSIPEE LAKE NH REAL ESTATE AT: http://www.reinnh.com/