June was another good month for residential home sales in the towns in this Lakes Region report with 92 transactions at an average price of $251,218. Last June we had 77 sales at an average of $478,304. For the first half of the year we have had 412 sales at an average price of $291,352 compared to 325 sales in the first half of 2011 at an average sales price of $328,294. That’s a 26% increase in sales but an 11% drop in the average sales price. So we have got some good signs and some bad signs....

As of July 1, there were 1,328 residential homes for sale in the communities covered in this Lakes Region real estate market report. The average asking price for those listings was $503,419 and the median price point was $259,900. These numbers are down a bit from last July 1 when there were 1,389 listings on the market at an average asking price $525,250. The current inventory level still represents...

Hey, it is the holiday weekend! Get out there and enjoy all the Lakes Region has to offer! So, what is your favorite real estate movie? When you stop and think about it, there are more movies dealing with real estate than you might have originally guessed. Early westerns were about settlers trying to make new homes in the Old West, war movies are really about countries fighting over real estate, and horror movies are often about haunted houses. Excluding those types of movies narrows the field...

There were 64 residential home sales in March in the twelve towns listed in this Lakes Region of NH real estate report. That's a 12% increase over last March. The average sales price came in at $314,161 last month compared to just under $300,000 last year. There were four sales over the million dollar mark bolstering the average sales price. Exactly 50% of the sales were under $200,000.

For the...

There were 60 single family residential home sales in the towns covered by this report in November, 2011. That’s just off the 63 sales last November although the average price was down from $365,623 to just $263,025. There was only one sale over the million dollar mark last month compared to five in November 2010 which contributed to that significant drop in the average sales price. Sales under $200,000 continue to make up over 50% of the transactions while the $300-400,000 range is still...

Residential homes sales in the Lakes Region communities covered by this market report jumped a healthy 23% in August compared to the same month last year. There were 83 sales last month at an average of $330,718 compared to 67 last August at an average of $411,780. A 23% increase in sales is welcome news but one month doesn’t make a trend. On a rolling twelve month basis we are still off last...