We’re halfway through 2012 and it is a good time to see how a couple other segments of the real estate market are doing. Condominium sales are an important and integral part of our real estate market. Many buyers look to condos as a somewhat more affordable and maintenance free alternative to purchasing a stand alone vacation home. No one wants to spend their vacation or long weekends mowing lawns or painting trim when they could be out enjoying the lake or a round of golf. The condo lifestyle also...

June was a fantastic month as far as Winnipesaukee waterfront sales were concerned. There were seventeen sales at an average price of $940,500 and seven of those sales were over the million dollar mark. That compares to twelve sales last June with ten of those over a million resulting in a higher $1.78 million average. For the first half of the year there have been a total of 63 sales on the big lake...

As of July 1, there were 1,328 residential homes for sale in the communities covered in this Lakes Region real estate market report. The average asking price for those listings was $503,419 and the median price point was $259,900. These numbers are down a bit from last July 1 when there were 1,389 listings on the market at an average asking price $525,250. The current inventory level still represents...

I’ve got to admit that real estate agents tend to try and paint the properties they have for sale in the best possible light when they describe them. Well, most agents anyway. There are still plain vanilla descriptions such as “2 Bedroom, 2 bathroom house with 1,512 Sq ft of living space on a 3.62 acre lot. Large attached garage with storage space above it. Land is partially wooded. Basement is partially finished.”...

May was a great month for waterfront sales on Winnipesaukee with twelve transactions at an average price of $638,231. None of the sales exceeded $1 million, but three were in the $900,000 range. Last May there were only four sales on the big lake but the average sales price did come in higher at $1.053 million. To me, it is just as good to see a lot of properties selling on the...

Hey, it is the holiday weekend! Get out there and enjoy all the Lakes Region has to offer! So, what is your favorite real estate movie? When you stop and think about it, there are more movies dealing with real estate than you might have originally guessed. Early westerns were about settlers trying to make new homes in the Old West, war movies are really about countries fighting over real estate, and horror movies are often about haunted houses. Excluding those types of movies narrows the field...

There were 61 residential home sales in April 2012 in the communities in this Lakes Region real estate market report. The average sales price came in at $324,580 and the median price point at $170,000. While 61 sales might not seem like a lot, it is 33% better than the 46 sales last April and the average price is up from $317,714. Residential sales are up 23% year to date over the same period last year,...

The number of homes for sale in the twelve Lakes Region communities in this report continues to creep up with 105 more listings available than last month. The 1195 listings available as of May 1 represents a 17.6 month supply. That’s enough! The current average asking price stands at $500,196 with a median price point of $257,000.

There is obviously a pile of homes in every price range to look...

I have received a number of calls and letters requesting more tips for Rednecks that are selling their homes. It seems there are more Rednecks in the Lakes Region of NH that need help than I thought. In the future when u rite me, please try and rite ledgitable and dont print sew small.



Anyway, here goes. You might be a Redneck Home Seller if you have chickens running loose around your yard. Please...

There were 64 residential home sales in March in the twelve towns listed in this Lakes Region of NH real estate report. That's a 12% increase over last March. The average sales price came in at $314,161 last month compared to just under $300,000 last year. There were four sales over the million dollar mark bolstering the average sales price. Exactly 50% of the sales were under $200,000.

For the...

Hey! There were fourteen waterfront sales on Winnipesaukee in March! That’s a pretty good month in my book. The average sales price came in at $797,086 and there were three sales over the million dollar mark. Last March there were just six sales at an average price of $986,667. For the first quarter of 2011 there have been twenty six sales on the lake at an average of $807,469 compared to seventeen sales at an average...

The residential home inventory in the twelve Lakes Region towns in this report jumped up again from 994 properties on the market last month to 1080 as of April 1. That total is also up from 1018 last April 1st. The average price for homes on the market stands at $515,577. Remember, that’s just the average asking price. With the average selling price in February at just $209,000, you can kind of tell what is...

There were 59 single family homes sold in February in the twelve towns covered by this Lakes Region real estate report. The average sales price came in at $209,025 with 72% of the sales coming in under the $200,000 mark. That’s an 18% increase over the 50 sales last February although the average sales price took a slight drop from the $216,025 amount posted last year. For the first two months of 2012 the total...

There were seven waterfront sales on Winnipesaukee in February at an average price of $606,429. That doesn’t sound real impressive but there were just six sales last February at an average price of $467,667 so we are one up for the month. Obviously, you have to the more expensive homes selling to get a high average sales price and that was just not the case last month.



The highest sale...

A spin around the MLS system this week revealed a few more potential good buys in the Lakes Region if you are in the market for a new home! The first one is a bit of a mystery, though as there was only one picture shown and there’s not a lot of info listed on the sheet. That always scares me. The home is located at 731 East Side Drive in Alton and is offered as a short sale at $140,000. It is assessed...