Wolfeboro Sees Number Of Pending Home Sales Rise Substantially In March
by Michael Bean
The big news in the Wolfeboro Real Estate Market is that pending sales increased substantially in March (pending sales are properties that are under contract for sale that have yet to close escrow). There were a total of 11 pending home sale contracts reported in March with an average listing price of $266,455 and an average time on market of nearly a year (352 days on average).
Actual closed sales were a different matter. There were just two Wolfeboro home sales that closed in March with an average sales price of $301,000 which was an average of 94% of the asking price.
There were 17 Wolfeboro homes listed for sale in March with an average listing price of $589,200.
Based on information from the Northern New England Real Estate Network, Inc. from January 1, 2009 to March 31, 2009.