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...

As of September 1, 2013 there were 1249 residential single family homes on the market in the twelve communities covered by this report. The average asking price stood at $498,590 with a median price point of $259,800. The current inventory level represents just under 15 months worth of homes on the market.

The real estate industry and the way consumers look for real estate continues...

Sales are up, but not prices...

OK! Finally, there were over a hundred residential homes sales in one month in the towns covered by this report. There were 110 in July, to be exact, at an average sales price of $299,469. This may not be exactly a watershed moment in the Lakes Region real estate world, but it has been a long time since this happened. Last July there were just 70 sales at...

Ye Olde Home Tour - Gilmanton, NH

As of August 1, 2013 there were 1,241 residential homes on the market in the twelve towns covered by this report. The average asking price was $485,423 and the median price point was $259,900. The inventory is down from the 1,351 homes available as last August 1. The average asking price last year was $491,503 and the median price point stood exactly the...

Olde English Real Estate Proverbs

I was thinking about some old English proverbs about real estate. You know, sayings like “a man’s home is his castle”, “a house is not a home”, “home is where the heart is”, and the ever popular; “there’s no place like home.” Looking at a list of proverbs I realized that most of them applied to real estate and wondered whether a real estate agent was sitting...

Lakes Region of NH Condominium Report - 1st Half 2013

It seems like we are having a little resurgence in the condominium market in the Lakes Region. Just a little bit, but every little bit helps. Prices have dropped from the peak years and there is a pretty good supply of units available in all price ranges. Halfway through 2013 there have been 81 condominiums sold in Belknap County at...

Lakes Region Waterfront Sales Report - June 2013

In the month of June there were ten sales on Lake Winnipesaukee at an average price of $1,364,018. Last June we had a whopping seventeen sales although at a lower average price of $940,500. There were four sales last month over $1 million and two exceeded the $3 million mark. For the first six months of 2012 there have been a total of 45...

Zesty Estimate of Home Value

There were 1208 residential single family homes for sale in the twelve area towns covered by this report as of July 1. The average asking price was $496,188 with a median asking price point of $259,948. That means that there are slightly over 600 homes available under $260K so there are plenty of affordable homes out there as the summer sales season kicks into...

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...

Anyone who lives in or visits the Lakes Region should be required to watch the 1981 film “On Golden Pond” with Katherine Hepburn and Henry Fonda. There should be theaters at Exit 23 and 24 so anyone headed over to Squam could pull in, watch the show, and decompress before they can venture near the lake. In short, “on Golden Pond” is a story about an aging couple who have a summer cottage on Squam....

Weirs Martha? - A look at the cottages of the Vineyard and the Weirs...

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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...

As of May 1, 2013 there were 1060 residential homes on the market in the twelve Lakes Region communities covered this report. The average asking price was $491,334 and the median price point was $261,750. This compares to 1195 homes on the market last May 1 at an average price of $500,195 and a median price point of $257,000. The current inventory level represents a 13.6 month supply of homes to sell....

The Real Estate Sky Isn't Falling

There were 71 residential home sales in March in the twelve communities covered by this Lakes Region Real Estate Market Report. The average price came in at $227,182 with a median price point of $166,000. This compares to 64 sales last March at an average price of $314,161 with a median price point of $199,200.

For the first quarter of 2013...