Wakefield reports a 1.3% increase in new Wakefield Residential Listings.  Inventory remains high with a reported 134 residential homes available for purchase – 57 of those active listings offer waterfront and/or water access.  The value range for active listings is set between the low of $59,900. to a high of $888,000.  The first eleven months of 2011 reports successful sales activity up 29% when compared to last year’s same time period; average sales price increased by 55.3% and it’s taking just a bit longer for the active listings to close with an increase of 50% or 83 days of marketing time.

YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate

• Market inventory…up 1.3%
• Back on the market listings…down 2.6%
• Pending sales…up 9.5%
• Contingent sales…up 57.6%
• Listings that expired prior to a sale or transfer…up 10.8%
• Properties withdrawn from the market…down 44.6%
• Properties that SOLD are up 29%
• Days on the market increased by 50% or 83 days
• Average SOLD price increased by 55.3%
• Lowest sales price recorded was 14 Pigeon Hill Road – $49,000.
• Highest sales price 90 Windy Point Road, So. – $375,000 (Pine River Pond water frontage)

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st to November 30^th, 2010 – January 1^st to November 30^th, 2011.   

Wakefield reports a 1% decline in new Wakefield Residential Listings.  Inventory remains high with a reported 184 residential homes available for purchase – 89 of those active listings offer waterfront and/or water access.  The value range for active listings is set between the low of $54,900 to a high of $865,000.  The first five months of 2011 report successful sales activity down 13.3% when compared to last year’s same time period – average sales price increased by 16% and days on the market reported a decrease of 47%.

YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate

• Market inventory…down 1%
• Back on the market listings…up 5.8%
• Pending sales…down 9%
• Contingent sales…up 118.7%
• Listings that expired prior to a sale or transfer…down 4.7%
• Properties withdrawn from the market…down 33%
• Properties that SOLD are down by 13.3%
• Days on the market decreased by 47% or 157days
• Average SOLD price increased by 16%
• Lowest sales price recorded was 105 Bragdon Farm Road – $32,000.
• Highest sales price 361 Round Pond Road – $299,000. (Lake Ivanhoe waterfront)

YTD 2011 vs. YTD 2010 Wakefield’s Complete Real Estate Market (Residential, Condominium, Manufactured, Mobile, Vacant Land, Commercial, Business Opportunities)

• Market inventory…down 15.6%
• Back on the market listings…down 2.3%
• Pending sales…down 26%
• Contingent sales…up 75%
• Listings that expired prior to a sale or transfer…down 1.3%
• Properties withdrawn from the market…down 26%
• Properties that SOLD are down by 9.5%
• Days on the market decreased by 50% or 165 days
• Average SOLD price increased by 14.4%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st to May 31^st, 2010 – January 1^st to May 31^st, 2011.

Wolfeboro’s Residential listing data reflects a decrease in market inventory by 14% when compared to last year’s YTD stats.  Currently 204 residential homes are available for purchase – 58 offering waterfront and/or water access – 25 condominium units – 89 parcels of vacant land – 14 manufactured home and 17 commercial properties.   Sales volume down 11.4% while average sales prices continue to drop by a rate of 39.7%.

The United States Department of Labor – Bureau of Labor Statistics ranks New Hampshire as #3 in the Country with a more favorable unemployment rate of 4.6% – the low was measured in May of 1987 at 2.1% and the high noted in September of 1992 at 7.6%.  National and global economic instability has caused many potential buyers to hold tight onto their purse strings in hopes for a brighter outlook in the future.  Interest rates remain at a lifetime low, market values continue to soften – so for buyers with the means to purchase, now is the time.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

• Market inventory…down 14%
• Back on the market listings…up 39%
• Pending Sales…unchanged at 21 units
• Contingent sales are down by 8%
• Listings that expired prior to a sale or transfer…down 23%
• Properties withdrawn from the market…unchanged at 20 units
• Properties that SOLD are down by 11.4%
• Days on the market increased by 3.6% or 8days
• Average SOLD price down 39.7%

YTD 2011 vs. YTD 2010 Residential, Condominium, Commercial & Vacant Land

• Market inventory…down 26%
• Back on the market listings…up55%
• Pending Sales…unchanged at 32 units
• Contingent Sales…down 8%
• Listings that expired prior to a sale or transfer…down 1.9%
• Properties withdrawn from the market …down 18.6%
• Properties that SOLD were down 15.3%
• Days on the market increased by 26% or 64 days
• Average SOLD price down 33%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – May 31st, 2010 and January 1^st – May 31^st, 2011.

Overlooking Lake Winnipesaukee from 25 Blueberry Hill Road, Wolfeboro

Wolfeboro’s Residential listing data reflects a decrease in market inventory by 22% when compared to last year’s YTD stats.  Currently 171 residential homes are available for purchase – 55 offering waterfront and/or water access – 24 condominium units – 91 parcels of vacant land – 11 manufactured home and 17 commercial properties.   Sold properties are equal in volume coming in at twenty-four units while average sales prices continue to drop by a rate of 53%.  Mid to higher end value home buyers are slow getting involved in today’s market, clearly reflected by the decrease of average sale prices – they appear to be keeping their eye on a brighter forecast for future economics both local and national.  Sellers are looking forward to the summertime months for increased buyer interest and sales activity.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

• Market inventory…down 22%
• Back on the market listings…up 39%
• Pending Sales…up 12%
• Contingent sales are unchanged at 29 units
• Listings that expired prior to a sale or transfer…down 23%
• Properties withdrawn from the market…down 35%
• Properties that SOLD were equal with a total of 27 units
• Days on the market increased by 36% or 52 days
• Average SOLD price down 53%

YTD 2011 vs. YTD 2010 Residential, Condominium, Commercial & Vacant Land

• Market inventory…down 30%
• Back on the market listings…up53%
• Pending Sales…up 13%
• Contingent Sales…down 27%
• Listings that expired prior to a sale or transfer…up 2%
• Properties withdrawn from the market …down 45%
• Properties that SOLD were up 6%
• Days on the market increased by 24% or 52 days
• Average SOLD price down 52%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – April 30^th, 2010 and January 1^st – April 30^th, 2011.

Wakefield reports an 11% decline in new Wakefield Residential Listings.  Inventory continues to hold a significant number totaling 147 residential homes available for purchase with 79 active listings offering waterfront and/or water access.  The value range for active listings is set between the low of $54,900 to a high of $926,000.  The first four months of 2011 report successful sales activity up 56% when compared to last year’s same time period – average sales price increased by 23% and days on the market reported a slight increase of three (3) days.

YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate

• 28 New listings… down 11%
• 17 Homes back on the market…up9.8%
• 10 Pending…down 4%
• 11 Contingent sales…up 155%
• 10 Expired listings…up 16%
• 2 Homes were withdrawn…down 21%
• 10 Residential homes resulted in a successful close…up 56%
• Average priced sold homes…up 23% ($234,574)
• Lowest sales price recorded was 2387 Wakefield Road – $36,000
• Highest sales price 145 Virginia Drive – $900,000 (Pine River Pond waterfront)

YTD 2011 vs. YTD 2010 Wakefield’s Complete Real Estate Market (Residential, Condominium, Manufactured, Mobile, Vacant Land, Commercial, Business Opportunities)

• 37 New listings… down 9%
• 23 Properties back on the market… down 4%
• 10 Pending  sales…down 25%
• 11 Contingent sales…up 71%
• 19 Expired listings… up 10%
• 3 Properties withdrawn … down 18%
• 11Properties resulted in a successful close… up15%
• Average price sold…up 28% | $244,684

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st to April 30^th, 2010 – January 1^st to April 30^th, 2011.

Sandwich, NH Residential data reflects an increase in market inventory by 33% when compared to last year’s YTD stats.  Current inventory reports twenty-seven (27) residential homes listed for sale, six (6) affording waterfront and/or water access – thirteen (13) vacant parcels and one (1) commercial property.

YTD 2011 vs. YTD 2010 Sandwich Residential

• Market inventory up 33.3%
• Back on the market listings are unchanged at zero
• Pending Sales are down 50%
• Contingent Sales are up 400%
• Listings that expired prior to a sale or transfer up 66.6%
• Properties withdrawn from the market are up 200%
• Properties that SOLD are down by 40%
• Days on the market decreased by 21 days
• Average SOLD price increased by 18.8%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^{st –} April 30, 2010 – January 1^{st –} April 30^th, 2011.

The mountain community of Sandwich, NH located in Carroll County is a place many call home and few ever leave – this can be surmised when reviewing the towns modest transfer activity. Sandwich, NH Residential data reflects no change in new market inventory when compared to last year’s 1^st quarter review.  There are currently 22 residential homes listed for sales, 4 that afford waterfront and/or water access – 15 parcels of vacant land and 1 commercial property available for purchase.

YTD 2011 vs. YTD 2010 Sandwich Residential

• Market inventory…is unchanged at seven units
• Back on the market listings are unchanged at zero
• Pending Sales…down 67%  with a count of 1 vs. 3
• Contingent Sales are up 100% (2 vs. 1 unit)
• Listings that expired prior to a sale or transfer…up 150% with a count of 5 vs. 2
• Properties withdrawn from the market are up by 2 units
• Properties that SOLD are down 50%
• Days on the market decreased by 22.8 days
• Average SOLD price increased to $305,000 or 57%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – March 31^st, 2010 & January 1^st,  – March 31^st, 2011.

Wolfeboro’s Residential listing data reflects a decrease in market inventory by 25% when compared to last year’s YTD stats.  There are currently 148 residential homes available for purchase, with 65 listings offering waterfront and/or water access.  Sold properties are unchanged in volume with 14 units – while the average sales price reported a decrease of 47%.

YTD 2011 vs. YTD 2010 Wolfeboro Residential

• Market inventory…down 25%
• Back on the market listings…up 41%
• Pending Sales were unchanged at 12 units
• Contingent Sales…up 5%
• Listings that expired prior to a sale or transfer…down 30%
• Properties withdrawn from the market…down 23%
• Properties that SOLD…unchanged at 14 units
• Days on the market increased by 52 days
• Average SOLD price decreased by 47%

YTD 2011 vs. YTD 2010 Residential, Condominium, Commercial & Vacant Land

• Market inventory…down 40%
• Back on the market listings…up 46%
• Pending Sales…up 19%
• Contingent Sales…down 4%
• Listings that expired prior to a sale or transfer…no change
• Properties withdrawn from the market…down 38%
• Properties that SOLD…up 9%
• Days on the market increased by 41 days
• Average SOLD price decreased by 42%

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – March 31st, 2010  and January 1^st – March 31st, 2011.

Wakefield reports a 14% decline in new Wakefield Residential Listings.  Inventory continues to hold a significant number with 124 residential homes available for purchase with 84 active listings offering waterfront and/or water access.  The value range for active listings sets between the low of $39,900 to a high of $926,000.  For the first three months of 2011 we are pleased to report successful sales activity up 80%, average sales price increased by 29% and days on the market reported a slight increase of four (4) days.

YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate

• 48 New Listings… down 14%
• 28 Homes Back on the Market…up 22%
• 14 Pending…down 12%
• 17 Contingent Sales…up 750%
• 69 Expired Listings…up 44%
• 11 home were Withdrawn…down 21%
• 18 Residential Homes resulted in a successful close…up 80%
• Average Priced Sold Homes…up 29% ($265,922)
• Lowest Sales Price recorded was 339 Old Stage Road – $41,000.
• Highest Sales Price 145 Virginia Drive – $900,000. (Pine River Pond waterfront)

YTD 2011 vs. YTD 2010 Wakefield’s Complete Real Estate Market (Residential, Condominium, Manufactured, Mobile, Vacant Land, Commercial, Business Opportunities)

• 67 New Listings… down 3%
• 44 Properties Back on the Market… up 5%
• 17 Pending  Sales…down 23%
• 17 Contingent Sales…up 325%
• 111 Expired Listings… up 37%
• 15 Properties Withdrawn … down 6%
• 19 Properties resulted in a successful close… up 58%
• Average Price Sold…up 28% | $263,005.

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st – March 31st, 2010 – January 1^st – March 31st, 2011.

Sandwich, NH Residential data reflects an increase in market inventory by 33% when compared to last year’s YTD stats.  There are currently 20 residential homes, 13 parcels of vacant land and 1 commercial property available for sale.  The Town of Sandwich, New Hampshire is located in Carroll County; a place many call home and rarely choose to leave.  This is reflected in its modest amount of transfer activity.

YTD 2011 vs. YTD 2010 Sandwich Residential

• Market inventory…up 33% with a count of 4 vs. 3
• Back on the market listings are unchanged at zero
• Pending Sales…down 67%  with a count of 1 vs. 3
• Contingent Sales are unchanged with 1 unit
• Listings that expired prior to a sale or transfer…up 50% with a count of 3 vs. 2
• Properties withdrawn from the market are unchanged at zero
• Properties that SOLD were equal numbering 2.
• Days on the market decreased by 24% or 57 days
• Average SOLD price increased to $305,000 or 79%

Year-End Totals for Vacant Land Sales 2005 to 2011

2005

• 7 sales
• Average Sold Price…$175,308 ( Decrease of 43% over 2004)
• DOM 196
• YTD comparison |1 vs. 0

2006

• 9 sales
• Average Sold Price…$142,945. (Decrease of 19% over 2005)
• DOM 105
• YTD  comparison | 1 vs. 0

2007

• 7 sales
• Average Sold Price…$142,908. (Decrease of .03% over 2006)
• DOM 176
• YTD comparison | 0 vs. 0

2008

• 3 sales
• Average sold price…$94,470. (Decrease of 34% over 2007)
• DOM 253
• YTD comparison 0 vs. 0

2009

• 9 sales
• Average Sold Price…$73,563. (Decrease of 22% over 2008)
• DOM 360
• YTD comparison | 0 vs. 0 

2010

• 7 sales
• Average Sold Price…$ 157,450. (Increase of 22%, the 1^st increase in 5 years)
• DOM 292
• YTD comparison | 2 vs. 0

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1^st 2005 through – February 28^th, 2011.