According to what I have read on-line, the most popular house color, not surprisingly, is white. All you have to do is look around good old New England and you can see quaint villages full of white houses, churches, and town buildings. According to one article, 37% of homeowners would choose white as the predominate color if they were to repaint the exterior of their home.

I’d say...

For the month of July, 2011 there were 70 residential home sales at an average price of $309,586 in the communities in this Lakes Region real estate report. That’s actually a pretty good 14% bump over the 61 sales last July at an average of $262,390. I was getting a little concerned about the lack luster sales over the past several months, but this is certainly an improvement. On a rolling twelve month...

There were ten waterfront sales during the month of July, 2011 on Lake Winnipesaukee at an average price of $1.223 million. That’s up from the six sales on the big pond last July at an average price of $955,333. Half of the sales for both months were over the $1 million mark but this year’s average was bumped by a nice $3 million new construction sale on Governor’s Island in Gilford. For the year thus far, there have been 51 sales on Winnipesaukee at an average price of $1.162 million compared to...

As the dog days of August heat up, there are 1412 single family homes on the market in the communities in this Lakes Region real estate report. That’s up from 1344 on the market last August 1. The average asking price is down from $539,186 last August 1 to $517,674. The median is also down from $279,950 to $269,000. The homes on the market represent a 22.8 month supply at the current sales pace. That,...

There were 77 residential home sales last month in the communities listed in this Lakes Region real estate market report. That’s down a bit from the 88 sales last June. But the average sales price came in considerably higher at $476,304 compared to $292,586 in June 2010. The higher average seems to have originated from a strong month in Moultonborough where seven sales closed in excess of $1 million. Not a bad month there with 19 sales at an average of $1,072,761! Laconia also had a pretty good...

Yeah! Summer is really here. The temperature is heating up and it finally feels like it is lake weather. It’s time to get out on the boat and enjoy it. There were twelve waterfront sales sales on Winnipesaukee in June which is a 50% increase over June of last year. That’s pretty encouraging! And there were some large sales, too! In fact ten of the twelve sales were over the million mark. There were three sales in the $2-3 million range and one over $4 million. The average sales price last month...

There can be any number of unexpected things that will kill a real estate deal these days. Home inspections and appraisals are the first things that come to mind. Mortgage underwriters are also coming up with innovative new ways to make life difficult for buyers, sellers, and real estate agents. Everyone is looking for perfect homes, at a perfect price, in a perfect world.

Getting...

For the second month In a row, residential home sales in the Lakes Region of NH were down a bit compared to last year’s sales. We have been hitting 65-70 sales in May for the past four years, but last month there were only 58 homes sold at an average price of $275,900. On a rolling twelve month basis ending May 31, 2010, there were 745 sales at an average price of $315,235 compared to 765 sales at an average price of $306,823 for the 12 month period ending May 31, 2010. That’s still not bad (I have...

With the demise of Osama Bin Laden, I was wondering if the local Attabodabad real estate agents have converged on the scene yet? After all, this could be a lucrative listing for some experienced agent that knows how to put just the right spin on things. A sale like this could keep him in goat milk for years.

The first step will be to contact the owner of this fine estate. I am not sure...

It is not surprising that the single family home inventory in the Lakes Region has increased as of June 1. It does every year. The level is a tad higher than last June with 1292 homes on the market at an average asking price of $539,520 and a median asking price of $275,000. That compares to 1256 listings last June at an average of $578,520 and a median of $299,000. So the...

There were just four sales on Lake Winnipesaukee in May 2011 but that does equal last May’s tally although the average sales price was lower at just $1.053 million compared to an average of $1.727 last May. Last May there were three sales over a million, one of which came in at $3.9 million helping to boost that average.



The least expensive sale on Winnipesaukee last month was at...

As of May 1, we have 1146 homes available for sale In the towns that we track in this Lake Region Real Estate Market Report with an average asking price of $546,127 and a median (or mid-point) price of $277,392. That compares to 1169 homes on the market last May and 1083 in May of 2009. The average asking price last May was $586,170 and a median of $289,900. In 2009, the average was $555,857 and a...

Home sales seem to be chugging along at a pace very similar to last year. There were 57 residential homes sold last month in the towns listed in this Lakes Region Market Report. The average sales price came in at $299,973 and the median sales price was $197,500. Last March there were 59 homes sold at an average price of $272,539 with a median of $220,000. For the first quarter this year, there have been 143 sales at an average price of $273,291 compared to 137 sold for the same period last year...

Despite the relentless winter, there were six waterfront sales on Lake Winnipesaukee in March of 2010 at an average price of $986,667. There were two sales in excess of $1 million. Last March there were seven sales at an average of $1.1 million with the average price bolstered by a $4.25 million sale in Wolfeboro. The tally for the first quarter of this year stands at 17 sales which is equal to the first quarter of last year although the average sales price is down from $1.9 million to $857,471....

As of April 1, 2011 there were 1018 residential homes on the market in the Lakes Region towns in this report. As depressing as it was, there was also fresh snow on the ground. The average asking price stood at $548,428 and the median price was $279,900. The current inventory level is equal to a 12 month supply of homes on the market. Last April 1, there were 1070 homes offered at average of $574,932 and a median price of $289,900. Last April there was no snow, the ice was out, and we were already...