New London Home Sales Hold
November 2nd, 2009by Bethany Brenner
Spring comes, then the Summer residents, and then before you know it, the foliage is turning , and visitors are flocking out of our area – sellers may wonder where those “perfect selling time moments” went.
Any of us looking for a slam dunk this summer or even this fall, may have been disappointed, however the glass is not necessarily half-empty. On the bright side, activity has held rather steady between 5 and 6 sales over the last three months. Yes, we’d like to see more and who wouldn’t want to see the luxury homes sell? After all, this picturesque town of New London has those to show as well, but for now sales are in the territory of buyers looking below the $300,000 mark. Yes, that’s correct! The median sales price for the properties that closed in September, ranging between $210,000 and $434,000 was $290,000.
Also staying steady are the 87 properties for sale in September with 17 of them under contract. This is the point in time where we cross our fingers until we get to close!
The median list price for those presently on the market is $438,000.
The following properties sold in New London during the month of September:
268 County Road ($210,000)
295 Andover Road ($245,000)
46 Wallula ($275,000)
37 Job Seamans Acres ($305,000)
645 County Road ($306,000)
1038 Main Street ($434,000)
Based on information from the Northern New England Real Estate Network, Inc for Month of September 2009.
Contributed by Bethany L. Brenner, GRI, SRES, Realtor, Notary Public
