Zesty Estimate of Home Value

There were 1208 residential single family homes for sale in the twelve area towns covered by this report as of July 1. The average asking price was $496,188 with a median asking price point of $259,948. That means that there are slightly over 600 homes available under $260K so there are plenty of affordable homes out there as the summer sales season kicks into...

Good Deals in the Lakes Region of NH



A whirl around the active listings on the multiple listing service revealed some potentially good deals around the $200,000 mark that might be worth a look if you are in the market for a new home. If you’d like to be in one of Laconia’s nicest neighborhoods...

Don't be derogatory - Short Sales, Foreclosures, and Bankruptcies



May was a great month for residential home sales in our Lakes Region communities with 99 transactions at an average price of $303,580 and a median price point of $192,500. That just edges out last May’s total of 97 sales at an average price of $251,717. That’s pretty darn good, but I wanted to break that...

Anyone who lives in or visits the Lakes Region should be required to watch the 1981 film “On Golden Pond” with Katherine Hepburn and Henry Fonda. There should be theaters at Exit 23 and 24 so anyone headed over to Squam could pull in, watch the show, and decompress before they can venture near the lake. In short, “on Golden Pond” is a story about an aging couple who have a summer cottage on Squam....

Weirs Martha? - A look at the cottages of the Vineyard and the Weirs...

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Going to the Dogs - Dog Friendly Homes in Lakes Region of NH Real Estate



We got a new Boxer puppy this week to keep my older Dobe company and it got me thinking. Mostly about, “what was I thinking?” But what if things take a turn for the worse and my wife throws me out with the dogs. Where...

Lakes Region Waterfront Sales Report - April 2013

There were ten waterfront homes sold on Lake Winnipesaukee in April at an average sales price of $805,588. That total is up from the seven sales last April but the average price is down from $2.15 million. This is due to only three sales exceeding the million dollar mark last month compared to the five out of seven that were over...

As of May 1, 2013 there were 1060 residential homes on the market in the twelve Lakes Region communities covered this report. The average asking price was $491,334 and the median price point was $261,750. This compares to 1195 homes on the market last May 1 at an average price of $500,195 and a median price point of $257,000. The current inventory level represents a 13.6 month supply of homes to sell....

The Real Estate Sky Isn't Falling

There were 71 residential home sales in March in the twelve communities covered by this Lakes Region Real Estate Market Report. The average price came in at $227,182 with a median price point of $166,000. This compares to 64 sales last March at an average price of $314,161 with a median price point of $199,200.

For the first quarter of 2013...

A Great Boating Option on Lake Winnipesaukee

Summer is coming. Trust me. It will be here before you know it! This time of year many people start to think about buying a place on the water so they can enjoy everything the Lakes Region has to offer from their own home base. We often have buyers that aren’t quite up to speed on how much homes really cost on the lakes and are looking for...

Three Real Estate Myths?



A recent article on the Fox Business News website by Brendon DeSimone cautioned readers not to be fooled by three real estate myths. Hey, what do you know, Real Estate Mythology! The first myth was that spring is the best time to sell a home. It has long been the conventional...

Lakes Region of NH Waterfront Sales - March 2013

There were five waterfront sales on Lake Winnipesaukee in March, 2013 at an average price of $869,200. Two of those sales did break the million dollar mark. Last March we had a banner month with fourteen sales at an average of $797,086! So things do seem to be a bit off so far this year on the big lake. For the 1st quarter of the year there...

Mortgage Insurance Changes and the Prime Minister of India

Residential home sales in the Lakes Region towns covered by this report in February were not very spectacular. There were just 46 homes sold at an average price of $268,188 with a median price point of $169,000. We had 59 sales last February but with a lower average price of $209,025 and a lower median price point of $145,000....

There were three sales in February on Lake Winnipesaukee at an average of $1.26 million. That’s down from last February when we had seven sales that were all below the million dollar mark resulting in an average price of just $606,429. While the total number of sales are down this year so far, at least a few high dollar properties are moving.

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There were 54 residential home sales in January in the Lakes Region communities covered by this real estate market report. The average sales price was $189,399 and the median price came in at $169,430. I thought that was pretty dismal until I looked at last January’s sales numbers and realized we only had 48 sales then. Even though last January’s average sales price was higher at $295,068 and the median...