Curious about the Latest News in the Hot Winnipesaukee Real Estate market?

Last spring there was a time period where we expected the real estate market might slow down because of the pandemic.  Do you remember those days? In fact, just the opposite happened. 

Please see attached a market snapshot showing a breakdown of Lake Winnipesaukee single family sales in the past 2 years.

The average list price increase year over year was 11%.

The average selling price increase year over year was 15% 

Please see this Winnipesaukee Market Snapshot to review the listing and selling prices in the individual towns.

These statistics are drawn from the Northern New England Real Estate Network for single family residential properties from 4/27/2019-4/27/2020 and from 4/27/2020-4/27/2021. The information is deemed reliable, but not guaranteed.

With lumber prices expected to continue to rise, the cost of real estate is not likely to go down any time soon.  CNN Business posted the following May 5 article by Matt Egan: "New Homes Cost $36,000 More Because of an Epic Shortage of Lumber." The full article is     https://www.cnn.com/2021/05/05/business/lumber-prices-home-building-costs/index.html.  You can follow him @MattEganCNN

Please email me with any questions about the Lake Winnipesaukee or Lakes Region NH real estate market. I can be reached at nicole@nicolewatkins.com. Or call me at (603) 707-7575.

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