Mama, I'm Coming Home. Lakes Region Real Estate Market Report

If you are looking for a residential home in the Lakes Region of NH there is still plenty to choose from. There were an even 1,200 single family homes available as of October 1 in the twelve communities covered in this report. That’s down slightly from the 1,249 available last month and the 1,230 available last Oct 1. The average...

Houses by the pound...



August was another banner month for residential home sales in the twelve Lakes Region communities covered by this report. There were 123 sales at an average price of $302,861. That’s a pretty good number compared to just 93 sales last August even though the average is down from the $345,750 posted then. That brings the total of sales for the first eight months of...

Lakes Region of NH Waterfront Sales Report - July 2013




We logged a very healthy 16 waterfront sales on Winnipesaukee in July with an average sticker of $812,125. That’s a big improvement over the four transactions last July, but the average sales price was well off the $1.153 million posted then. So far, through the end of July, there have been 61 waterfront sales on the big lake...

Good Deals in the Lakes Region of NH



A whirl around the active listings on the multiple listing service revealed some potentially good deals around the $200,000 mark that might be worth a look if you are in the market for a new home. If you’d like to be in one of Laconia’s nicest neighborhoods...

Don't be derogatory - Short Sales, Foreclosures, and Bankruptcies



May was a great month for residential home sales in our Lakes Region communities with 99 transactions at an average price of $303,580 and a median price point of $192,500. That just edges out last May’s total of 97 sales at an average price of $251,717. That’s pretty darn good, but I wanted to break that...

Going to the Dogs - Dog Friendly Homes in Lakes Region of NH Real Estate



We got a new Boxer puppy this week to keep my older Dobe company and it got me thinking. Mostly about, “what was I thinking?” But what if things take a turn for the worse and my wife throws me out with the dogs. Where...

It seems like every day you hear about something unexpected happening. Like the unexpected rise in unemployment claims, or the unexpected drop in the nation’s gross domestic product, or that the Pope unexpectedly is going to step down. Well, two out of three have pretty much become expected. But just to keep it rolling, unexpectedly there was only one waterfront home sold on Lake Winnipesaukee in January....

There were 882 residential homes for sale as of February 1, 2013 in the Lakes Regioncommunities covered by this report. The average list price stood at $500,702 with a median price point of $244,900 and an average time on the market of 234 days. The inventory level is down considerably from last February 1 when there were 975 homes available. Our current inventory level represents a 11.5 month supply...

The residential home inventory level in our Lakes Region report bumped up an inch or two from 1328 homes available on July 1 to 1351 available as of August 1 at an average asking price of $491,503. The median price point is at $259,900. The current inventory level represents a 20 month supply of homes on the market. We are down, however, from the 1412 homes available on August 1, 2011.

I continually...

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...

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...

Sales of single family residential homes in the Lakes Region communities in this report showed a pretty strong uptick in December with 89 transactions at an average price of $306,126. In December of 2010 there were just 59 sales although at a higher average sales price of $369,112. Sales above the $400,000 mark were strong with 15 waterfront sales that closed in December. This was a pretty good finish to the year!

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The New Year always seems to start off with a big drop in inventory due to many listing agreements expiring at the end of the year. For the communities listed in this report, we went from 1168 single family homes on the market as of December 1 down to 943 listings as of January 1, 2012. This represents about a 14.5 month supply of homes for sale which would be a much more manageable and healthy...