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.”...

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,...

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...

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...

As I was compiling the residentail sales numbers for January for this Lakes Region report, I was a little disappointed in the totals until I looked at January of 2011 which was actually pretty abysmal. While 48 single family homes changing hands at an average sales price of $148,500 doesn’t seem like a banner month, compare that to the 37 sales last January (at an average of $185k) and it looks like things...

As of February 1, 2012 there were 975 single family residential homes on the market in the Lakes Region communities covered in this report. The average asking price came in at $526,831 with a median price of $249,900. On February 1 of 2011 there were 940 homes available at an average of $545,417 and a median of $279,000. The current level of homes represents a 15 month supply which is the same as last February....

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...

There were 60 single family residential home sales in the towns covered by this report in November, 2011. That’s just off the 63 sales last November although the average price was down from $365,623 to just $263,025. There was only one sale over the million dollar mark last month compared to five in November 2010 which contributed to that significant drop in the average sales price. Sales under $200,000 continue to make up over 50% of the transactions while the $300-400,000 range is still...

The number of residential sales last month in the towns covered by this Lakes Region market report were up 16% over last October. There were 79 transactions in October 2011 at an average sales price of $300,711 compared to 68 sales October last at an average price of $395,012. For the first 10 months of the year we have had 624 sales at an average $310,684 compared to 651 sales at an average $312,000 for the same period last year. It would be nice if we could have an exceptionally strong holiday...

As of November 1, 2011 there were 1277 residential homes on the market in the communities in this Lakes Region real estate market report. The average asking price came in at $516,128 with a median price point of $269,900. Last November there were 100 fewer homes on the market at an average asking price of $559,403 and a median of $284,450. Seems like all the trends are heading in the wrong direction including the weather. The current home inventory represents a 20.5 month supply of property to sell....

Residential homes sales in the Lakes Region communities covered by this market report jumped a healthy 23% in August compared to the same month last year. There were 83 sales last month at an average of $330,718 compared to 67 last August at an average of $411,780. A 23% increase in sales is welcome news but one month doesn’t make a trend. On a rolling twelve month basis we are still off last...

According to Dictionary.com:
con•cede  [kuhn-seed] verb, -ced•ed, -ced•ing. verb (used with object)
1. to acknowledge as true, just, or proper; admit: He finally conceded that she was right.
2. to acknowledge (an opponent's victory, score, etc.) before it is officially established: to concede an election before all the votes are counted.

There are many times in life that...

According to what I have read on-line, the most popular house color, not surprisingly, is white. All you have to do is look around good old New England and you can see quaint villages full of white houses, churches, and town buildings. According to one article, 37% of homeowners would choose white as the predominate color if they were to repaint the exterior of their home.

I’d say...