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Lake Winnipesaukee Real Estate Market Conditions

"SOLD PENDING AND CONTINGENT LAKES REGION LAKEFRONT SALES LISTED AT $3,000,000 OR MORE IN 2010"

Regarding $3,000,000 plus SOLD, PENDING AND CONTINGENT sales on both Lake Winnipesaukee and Squam Lake this year:

1) The Squam Lake waterfrront land sale on High Haith Road that closed for $3,600,000 was listed at $4,500,000. Wolfeboro NH Property | Lakes Region Real Estate Trends

2) The 68 Sewall Road home on Lake Winnipesaukee in Wolfeboro closed for $4,250,000 and was listed at $4,900,000.

3) The 140 Alpine Park Road Moultonborough Winnipesaukee waterfront new construction sold for $3,800,000 and was listed at $4,295,000. (The builder paid $2,200,000 for the lot two years ago.)

4) 46 Rocky Winds, Moultonborough sold the week of 05/10/2010 for $3,900,000 and was listed at $4,295,000. (The Builder paid $1,525,000 for the land in 2006.)

5) New construction - 45 Swan Point Road, Moultonborough sold for $3,150,000 on 06/25/2010. I represented the Buyer in this transaction. The Seller paid $1,250,00 for the land on 04/15/2008.

6) New construction - 48 Caitlin Estates Road, Moultonborough is pending. I represent the Buyer and Seller in this transaction. The Seller paid $1,412,000 for the land.

CENTURY 21 lakes Region real estate represents (or represented) the Buyer and or Seller in 4 of the above 6 transactions

As of July 25, 2010, regarding Moultonborough Lake Winnipesaukee home sales that closed above $1,000,000 in the past 365 days:

All Lake Winnipesaukee Moultonborough sales that closed above $1,350,000 in the past 365 days were homes built in 2000 or later.

These newer Lake Winnipesaukee Moultonborough homes all sold between $2,000,000 and $4,000,000 and were primarily new, or like-new, 3 yr. old construction construction (with one exception, Iriquois was built in 2000, had 200 ft. of waterfront, all sand beach, and sold for $2,250,000) Please see below all of the Moultonborough Lake Winnipesaukee homes that sold for more than $1,350,000 in the past 365 days.*

*statistics drawn from the Northern New England Real Estate Network for the above-referenced time period.

The 3 Moultonborough sales in the 365 days prior to July 25, 2010, that closed for over $1,000,000, but below $2,000,000. These Moultonborough Lake Winnipesaukee homes had between 200 and 315 ft. of waterfront, and all closed for $1,350,000 or less.

1) 124 Beede Road had 304 ft. of waterfront, sand beach, a 1996 home with 3594 SF. It sold for $1,198,000.

2) 50 Cook's Point, located in a prestigious area of homes in Kona, was a 2008 home with 4200 SF. It was just completely gutted nearly completely renovated. It had beautiful views, was sited on .5 acres, and had 200 ft. waterfront. It sold for $1,150,000.

3) 31 Matz Lane had 315 ft. of waterfront, sandy beach, boathouse, long southerly views, 3738 SF home built in 1981 and was sited on 2.4 acres. It sold for $1,350,000. It was originally on the market 3 years ago for over $3,000.000.

*statistics drawn from the Northern New England Real Estate Network for the above-referenced time period.

Alton, NH - Lake Winnipesaukee Market Conditions

In Alton in 2008 the median selling price for Lake Winnipesaukee real estate was $1,231,250 and the average selling price was $1,125,938. In 2009 the median selling price for Alton Lake Winnipesaukee real estate was $425,000 and the average selling price was $634,567. 13 of the 15 Alton Lake Winnipesaukee homes that sold were BELOW $1,000,000, quite a startling statistic. The only Alton lake Winnipesaukee home above $1,000,000 which sold in 2009 was 107 Clay Point, which sold for $3,200,000 (and was offered at $3,350,000).The average number of days on market in Alton was 166 in 2009 versus 232 in 2008. In 2008 5 of the 8 Alton Lake Winnipesaukee homes for sale, actually sold for above $1,000,000. To sum up these alton Lake Winnipesaukee statistics, selling prices were higher in 2008, while total number of homes sold almost doubled in 2009.

*(Statistics drawn from the New England Real Estate Network, for the Town of Tuftonboroo, NH in 2008 and 2009. This information includes residential homes with owned waterfrontage, NOT condos or land. Also, please note that days on market will not show ALL days on market if a property listing has been listed with more than one real estate agency or if the property was off the market for 30 days or more and then re-listed.)

Gilford, NH - Lake Winnipesaukee Market Conditions

in 2009 there were 8 Gilford, NH home sales on Lake Winnipesaukee. The median selling price of Gilford Winnipesaukee homes sold in 2009 was $1,537,500. The average selling price of Gilford Lake Winnipesaukee homes sold, was $2,561,667. The highest selling price was $6,500,000 on Governors Island and the lowest selling price was $850,000 in Gilford, NH. The average number of Days on Market was 297.

In 2008 there were fifteen Lake WInnipesaukee homes sales in the town of Gilford, NH. The average selling price for Gilford Lake Winnipesaukee homes in 2008 was $1,329,571 and the median selling price was $703, 500. The highest selling price in 2008 was $3,770,000 and the lowest selling price was $410,000. The average number of Days on Market in 2008 was 154 for Gilford Lake Winnipesaukee homes. *

(*Statistics drawn from the New England Real Estate Network, for the Town of Gilford, NH in 2008 and 2009. This information includes residential homes with owned waterfrontage, NOT condos or land Please note that days on market will not be accurate if a property listing has been listed with more than one real estate agency or if the property was off the market for 30 days or more.)

Laconia, NH - Lake Winnipesaukee Market Conditions

The Town of Laconia, NH saw its Lake Winnipesaukee Waterfront home sales sales double in volume! Yes...In 2009 there were twice the number of Lake Winnipesaukee home sales as in 2008. Could more good news be coming in other Lake Winnipesaukee towns? But back to the town of Laconia....In 2009 there were 8 Lake Winnipesaukee waterfront homes that were sold compared to only 4 Lake Winnipesaukee Laconia, NH homes sold in 2008. The median selling price for Laconia Lake Winnipesaukee waterfront home sales was just slightly down in 2009 to $481,250 from $527,500 in 2008. *

(*Statistics drawn from the New England Real Estate Network, for the Town of Laconia, NH in 2008 and 2009. This information includes residential homes with owned waterfrontage, NOT condos or land Please note that days on market will not be accurate if a property listing has been listed with more than one real estate agency or if the property was off the market for 30 days or more.)

Moultonborough Lake Winnipesaukee Market Condition

The median selling price for Moultonborough Lake Winnipesaukee homes for sale was There are currently 2 homes PENDING sale that have listing prices over $2,000,000 in Moultonborough. Those sales will be posted here once they close to keep you as up-to-date as possible on Moultonborough Lake Winnipesaikee market trends.

*Statistics drawn from the New England Real Estate Network, for the Town of Moultoborough, NH in 2008 and 2009. This information includes residential homes with owned waterfrontage, NOT condos or land Please note that days on market will not be accurate if a property listing has been listed with more than one real estate agency or if the property was off the market for 30 days or more.)

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