2016 NH Lakes Region Annual Market Report

2016 ANNUAL MARKET REPORT NEW HAMPSHIRE LAKES REGION

Knowledge is Power We are proud to share with you our New Hampshire Lakes Region 2016 Annual Market Report. Our focus is to ensure that our clients (whether selling or purchasing real estate) have comprehensive information in order to make informed decisions. Ultimately, your success is ours.

I

n this report, you will find year over year market trends in order to help you identify where the market is headed. Please don’t hesitate to contact one of our Associates for more detailed information.

We hope you find our Full Year Market Report for 2016 helpful as you

evaluate your real estate options. At Four Seasons Sotheby’s International Realty, we are committed to providing the highest level of service and expertise to buyers and sellers alike in all price categories.

It will be our privilege to serve you.

Staige Davis, CEO

MLS#4605598

LAKE WINNIPESAUKEE REPORT

Total Sales in Units increased in all towns with a few noticeable gains: - Laconia +20.6%

- Center Harbor +52.6%

- Moultonborough +7.6% - Meredith +9.5%

Average Sale Price varied by town: - Decreased in Alton and Gilford

$

- I ncreased slightly in Meredith, Wolfeboro, Laconia and Moultonborough - I ncreased significantly in Center Harbor by 96.0%

Average Days on Market also varied by town: -W olfeboro, Moultonborough and Center Harbor increased -M eredith, Alton, Gilford and Laconia decreased

TOTAL SALES IN UNITS Number of Sales

KEY

500

2016 Annual

+20.6%

434

2015 Annual 375

360 +4.2%

250

247 +2.3% +9.5%

125

138

178

174

237

+7.6%

+6.4%

149 126

169 140

157

+52.6% 19

Harb Cent er

gh orou Mou ltonb

nia Laco

Gilfo rd

Alton

oro Wolf eb

Mere dith

Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.

19

or

29

0

Source: NEREN 2015-2016

LAKE WINNIPESAUKEE REPORT

AVERAGE SALE PRICE Average Sale Price 600,000

KEY

+18.0%

2016 Annual -15.3%

+16.4%

+8.6% +112.0%

2015 Annual

450,000 -25.7%

300,000

+10.3%

227k

480k

481k

522k

216k

238k

349k

259k

490k

415k

460k

543k

4101k

477k

150,000

Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.

Cent er Ha rbor

nbor ough Mou lto

nia Laco

rd Gilfo

Alton

Wolf ebor o

Mere dith

0

Source: NEREN 2015-2016

AVERAGE DAYS ON MARKET Average Days on Market

KEY

+21.3%

180

2016 Annual

171 -25.6%

135

141

-15.4%

133

2015 Annual -16.4%

117 90

116

99

99

-9.1%

121

+0.0%

121

121

+0.8%

121

120

110

97

45

Note: Small bases can lead to significant percentage increases/decreases and should be used cautiously.

bor r Har Cent e

gh ltonb orou Mou

Laco nia

Gilfo rd

Alton

Wolf ebor o

Mere dith

0

Source: NEREN 2015-2016

VERMONT & NEW HAMPSHIRE OFFICE LOCATIONS

NORTH EAST KINGDOM

CHAMPLAIN VALLEY REGION

GREAT NORTH WOODS REGION

South Burlington 802.864.0541

Stowe 802.253.7267 St. Johnsbury 802.751.7582

Vergennes 802.877.3232

Randolph 802.565.8136

Middlebury 802.388.1000 CENTRAL VERMONT REGION

Rutland 802.774.7007

UPPER VALLEY REGION

Fairlee 802.333.4701

WHITE MOUNTAIN REGION

Meredith 603.677.7012

Hanover - Main St. 603.643.6400 Hanover - Lebanon St. 603.643.6070 West Lebanon 603.298.5155

UPPER VALLEY REGION

Wolfeboro 603.941.1000

LAKES REGION

Okemo 802.228.4537 Manchester 802.362.4551

Mount Snow 802.464.1200

Bromley 802.824.3113 SOUTHERN VERMONT REGION

New London 603.526.4050

LAKE SUNAPEE REGION

Stratton 802.297.1100

MERRIMACK VALLEY REGION MONADNOCK REGION

SEACOAST REGION

Bedford 603.413.7600