Wolfeboro, NH

Wolfeboro’s Residential listing data reflects an increase in market inventory by 26% when compared to last year’s YTD stats. Currently 223 residential homes are available for purchase – 68 offering waterfront and/or water access – 28 condominium units – 92 parcels of vacant land – 17 manufactured home and 15 commercial properties. Sales volume is down 15.3% and the average sales price has dropped by 24%.

Pending and contingent sales reflect an increase over last years activity, however successful sales are down; one can only surmise that not all of the under contract transactions are making it through the inspection and/or financing contingencies. Interest rates remain at a lifetime low, market values continue to soften – buyers with the means to purchase, this may be the ideal time.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

• Market inventory…up 26%
• Back on the market listings…up 54.8%
• Pending Sales…up 4.4%
• Contingent/Pending sales…up 8.2%
• Listings that expired prior to a sale or transfer…down 9.4%
• Properties withdrawn from the market…up 28.6%
• Properties that SOLD are down by 15.3%
• Days on the market decreased by 14% or 31 days
• Average SOLD price down 24%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – August 31^st, 2010 and January 1^st – August 31^st, 2011.

Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services

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

Wolfeboro’s Residential listing data reflects a increase in market inventory by 22.6% when compared to last year’s YTD stats. The United States Department of Labor – Bureau of Labor Statistics ranks New Hampshire as #3 in the Country with a more favorable unemployment rate of 4.6% - the low was measured in May of 1987 at 2.1% and the high noted in September of 1992 at 7.6%. Unfortunately this rate does not take into consideration the self employed contractors in the construction industry; that groups unemployment numbers are reported to be as high as 22%. National and global economic instability has caused many potential buyers to hold tight onto their purse strings in hopes for a brighter outlook in the future. Interest rates remain at a lifetime low, market values continue to soften - so for buyers with the means to purchase, now is the time.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

• Market inventory…up 22.6%
• Back on the market listings…up 55.8%
• Pending Sales…down by 3%
• Contingent/Pending sales are down by 2%
• Listings that expired prior to a sale or transfer…down 16%
• Properties withdrawn from the market…down 7.1%
• Properties that SOLD are down by 22.9%
• Days on the market increased by 9 days
• Average SOLD price down 29%

YTD 2011 vs. YTD 2010 Residential, Condominium, Commercial & Vacant Land

• Market inventory…down 22%
• Back on the market listings…up 42%
• Pending Sales…down 4.6%
• Contingent Sales…down 10.7%
• Listings that expired prior to a sale or transfer…up 1.7%
• Properties withdrawn from the market …down 20.7%
• Properties that SOLD were down 21.2%
• Days on the market increased by 50 days
• Average SOLD price down 19.7%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – June 30^th, 2010 and January 1^st – June 30^th, 2011.

Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services

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

Wolfeboro’s Residential listing data reflects an increase in market inventory by 32% when compared to last year’s YTD stats. Currently 231 residential homes are available for purchase - 70 offering waterfront and/or water access - 28 condominium units - 95 parcels of vacant land - 14 manufactured home and 16 commercial properties. Sales volume is down 22.9% and the average sales price has dropped by 28%. National and global economic instability has caused many potential buyers to hold tight onto their purse strings in hopes for a brighter outlook in the future. Interest rates remain at a lifetime low, market values continue to soften - so for buyers with the means to purchase, this may be the ideal time.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

• Market inventory…up 32%
• Back on the market listings…up 54.9%
• Pending Sales…unchanged over last year
• Contingent/Pending sales also unchanged over last year
• Listings that expired prior to a sale or transfer…down 9%
• Properties withdrawn from the market…up 3%
• Properties that SOLD are down by 14%
• Days on the market decreased by 3 days
• Average SOLD price down 28%

YTD 2011 vs. YTD 2010 Residential, Condominium, Commercial & Vacant Land

• Market inventory…down 15%
• Back on the market listings…up 34.6%
• Pending Sales…down 3.8%
• Contingent Sales…down 8%
• Listings that expired prior to a sale or transfer…changed by one unit
• Properties withdrawn from the market …down 17.7%
• Properties that SOLD were down 14.1%
• Days on the market increased by 35 days
• Average SOLD price down 20.2%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – July 31^st, 2010 and January 1^st – July, 31^st, 2011.

Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services

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