NEW HAMPSHIRE REAL ESTATE
First Quarter 2014 Market Review
603-556-7110 | NHFineHomes.com
Table of Contents Page Statewide: Transaction Volume Comparison . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 4 Statewide: Sales Volume Comparison. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 4 Statewide: Average Sales Price. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 5 Statewide: Average Days on Market . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 5 Statewide: Price Per Sq. Foot Comparison. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 6 Statewide: Sales Price vs. List Price Comparison . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 7 Statewide/County Summary: Quarter/Quarter. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 8 Belknap County Quarter over Quarter by Town. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 8 Carroll County Quarter over Quarter by Town. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 9 Cheshire County Quarter over Quarter by Town . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 10 Coos County Quarter over Quarter by Town. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 11 Grafton County Quarter over Quarter by Town . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 12 Hillsborough County Quarter over Quarter by Town . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 14 Merrimack County Quarter over Quarter by Town. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 15 Rockingham County Quarter over Quarter by Town . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Strafford County Quarter over Quarter by Town . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 18 Sullivan County Quarter over Quarter by Town. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 19 Waterfront - Statewide - Transaction Volume Comparison. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 20 Waterfront - Statewide - Sales Volume Comparison . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Waterfront - Statewide - Average Sales Price . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 21 Waterfront - Statewide - County Summary - Quarter over Quarter Comparison. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 22 Waterfront - By Water Body Name - Quarter over Quarter. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 23 Lake Winnipesaukee Waterfront - Transaction Volume. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 24 Lake Winnipesaukee Waterfront - Sales Volume . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . . 24 Lake Winnipesaukee Waterfront - Average Sales Price. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 25 Lake Winnipesaukee Waterfront - Days on Market - 10 year . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 26 Lake Winnipesaukee Waterfront - Sales Price vs. List Price. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 25 Lake Winnipesaukee Waterfront - $/Sq Foot . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . 26 Lake Winnipesaukee Waterfront - Cost per Foot of Water Frontage . . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. . .. 27
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New Hampshire Fine Homes First Quarter 2014 Market Review
It’s been said before, but I will say it again: what a winter! The national news is full of stories that describe how the harsh winter conditions have impacted business across the country. We certainly saw a slowdown in activity here in New Hampshire during the coldest periods. Sales in the first quarter of 2014 were down 8.8% when compared to Q1-2013, and some of this can certainly be attributed to the weather. Prices still appreciated by 6.5% during this period, however, which is promising. Waterfront home sales increased in the first quarter of 2014. The number of transactions increased by 2.4% and the median sales price jumped 10.9% compared to the first quarter of 2013. It’s good to see the vacation and secondary home market, which this segment often represents, going strong. Lake Winnipesaukee waterfront home sales dipped to their lowest point in ten quarters but the median sales price rose significantly during this time period. This data suggests that the supply of lake homes for sale is low and that demand is pushing prices up: great news if you are a potential home seller! Overall, the market conditions are staying true to the trends. Interest rates are holding and the consensus is that the local real estate market is continuing to improve. I generally agree with the data but still feel it’s a buyer’s market. I have seen very aggressive offers come in on several of our listings. Some buyers are looking for a bargain or for a desperate seller, but unless a property is in high demand, sellers would be wise to try and negotiate these offers to an acceptable point, because it may be a while before another one comes in. I am hopeful that as the grass turns green and spring enters in full swing, we will see a strong market. If you think this might be your year to buy or sell real estate in New Hampshire, I would love to hear from you. Let me share my resources and market data with you and help you achieve your real estate goals. Best wishes and enjoy the warmer days ahead! Happy Fall!
Link Moser, ABR, e-PRO, RSPS, ILHM Member broker/owner
All data in this report was sourced from the Northern New England Real Estate Network Multiple Listing System (NNEREN) and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
3
Statewide Overview TRANSACTION VOLUME COMPARISON 6000 6000
Number of Transactions
5,513 5,513
5000 5000 4,397 4,397
4000 4000
3000 3000
4,769 4,769
4,530 4,530
4,308 4,308
4,042 4,042 3,309 3,309 3,005 3,005
2,741 2,741
2,640 2,640
2000 2000
1000 1000
00
Q4Q4 2011 2012 2012 2012 2012 2013 2013 2013 2013 2014 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014
This chart represents the total number of closed transactions for single-family and condos.
SALES VOLUME COMPARISON 1500 1500 $1,407 $1,407
Millions
1300 1300
$1,160 $1,160
1100 1100 $1,033 $1,033
$1,045 $1,045 $971 $971
900 900
700 700
$1,064 $1,064
$744 $744 $639 $639 $561 $561
$660 $660
500 500 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 This chart shows the total dollar amount of all closed transactions for single-family and condos.
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New Hampshire Fine Homes First Quarter 2014 Market Review
Statewide Overview AVERAGE AND MEDIAN SALES PRICE
$240,902 $240,902
$242,758 $242,758
$197,000 $197,000
$208,000 $208,000
$255,288 $255,288 $220,000 $220,000
$2343,391 $2343,391 $209,900 $209,900
$212,924 $212,924 $185,000 $185,000
188 188
$194,450 $194,450
196 196
$192,500 $192,500
204 204
$180,000 $180,000
212 212
$197,000 $197,000
220 220
$212,546 $212,546
228 228
$185,050 $185,050
Sales Price
236 236
$224,851 $224,851
244 244
$234,922 $234,922
$235,078 $235,078
252 252
$240,231 $240,231
260 260
Average Sales Price Average Sales Price Median Sales Price Median Sales Price
180 180 Q4Q4 2011 2012 2012 2012 2012 2013 2013 2013 2013 2014 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 This chart plots the average and median sales process for closed transactions for single-family and condos.
AVERAGE DAYS ON MARKET 150 150
138 138
Days
140 140
130 130
120 120
134 134 124 124
125 125
124 124
120 120 117 117
110 110
110 110 108 108 100 100
100 100 Q4Q4 2011 2012 2012 2012 2012 2013 2013 2013 2013 2014 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 This chart shows the average number of days a property was on the market before an offer was accepted.
New Hampshire Fine Homes First Quarter 2014 Market Review
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Statewide Overview AVERAGE PRICE PER SQUARE FOOT 200 190
Dollars
180 170 160 $147
150 140
$143
130 120
$133
$132
$135
$138
Q1 2012
$136
$124
$124
Q4 2011
$138
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
This chart represents the average price per square foot that a property sold for.
100 87.6%
87.2%
90.3%
91.0%
90.2%
90.7%
92.9%
93.5% 89.4%
92.6%
85
70
55
40
25
6
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
New Hampshire Fine Homes First Quarter 2014 Market Review
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
140 130 120
$133
$132
$135
Q4 2011
Q1 2012
$136
$124
$124
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Statewide Overview Q2 2013
Q3 2013
Q4 2013
Q1 2014
SALES PRICE VS. LIST PRICE COMPARISON 100 87.6%
87.2%
90.3%
91.0%
90.2%
90.7%
92.9%
93.5% 89.4%
92.6%
Percentage
85
70
55
40
25
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
This chart shows the ratio of sales prices divided by list price and shows the average percentage that a property sold for as compared to the selling price.
New Hampshire Fine Homes First Quarter 2014 Market Review
7
County & State Summary – Single Family COUNTY & STATE SUMMARY SINGLE FAMILY Q1-2013
Q1-2014
County
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Belknap
145
165
13.8%
$162,500
$194,000
19.4%
182
174
-4.4%
Carroll
156
178
14.1%
$158,000
$172,000
8.9%
199
183
-8.0%
Cheshire
181
171
-5.5%
$136,289
$145,000
6.4%
144
118
-18.1%
Coos
253
190
-24.9%
$89,900
$83,250
-7.4%
87
58
-33.3%
Grafton
172
207
20.3%
$176,000
$152,750
-13.2%
183
194
6.0%
Hillsborough
96
89
-7.3%
$193,000
$199,000
3.1%
831
754
-9.3%
Merrimack
132
113
-14.4%
$165,118
$185,500
12.3%
290
245
-15.5%
Rockingham
108
107
-0.9%
$235,000
$259,105
10.3%
751
750
-0.1%
Strafford
98
105
7.1%
$169,500
$180,000
6.2%
251
193
-23.1%
Sullivan
168
163
-3.0%
$145,000
$122,250
-15.7%
87
72
-17.2%
State of NH Average
125
124
-0.8%
$185,000
$197,000
6.5%
3,005
2,741
-8.8%
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
BELKNAP COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Town
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alton
151
234
55.0%
$251,205
$251,100
0.0%
16
6
-62.5%
Barnstead
140
118
-15.7%
$120,000
$126,650
5.5%
21
14
-33.3%
Belmont
101
114
12.9%
$77,500
$191,000
146.5%
16
16
0.0%
Center Harbor
133
254
91.0%
$270,000
$275,000
1.9%
4
5
25.0%
Gilford
128
116
-9.4%
$166,000
$200,000
20.5%
27
27
0.0%
Gilmanton
173
144
-16.8%
$145,000
$177,000
22.1%
9
10
11.1%
Laconia
141
209
48.2%
$172,950
$191,000
10.4%
62
62
0.0%
Meredith
196
127
-35.2%
$158,500
$333,500
110.4%
9
20
122.2%
New Hampton
222
165
-25.7%
$159,950
$182,250
13.9%
4
6
50.0%
Sanbornton
224
233
4.0%
$258,000
$300,000
16.3%
7
5
-28.6%
Tilton
134
100
-25.4%
$182,500
$59,864
-67.2%
7
3
-57.1%
Belknap County Average
145
165
13.8%
$162,500
$194,000
19.4%
182
174
-4.4%
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
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New Hampshire Fine Homes First Quarter 2014 Market Review
County – Single Family CARROLL COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Albany
0
107
0.0%
$0
$179,000
0.0%
0
1
0.0%
Bartlett
173
154
-11.0%
$155,500
$176,250
13.3%
25
40
60.0%
Brookfield
39
71
82.1%
$161,450
$145,100
-10.1%
2
2
0.0%
Chatham
86
232
169.8%
$161,500
$315,000
95.0%
1
3
200.0%
Conway
162
158
-2.5%
$170,000
$155,000
-8.8%
31
33
6.5%
Eaton
36
0
-100.0%
$155,000
$0
-100.0%
3
0
-100.0%
Effingham
66
65
-1.5%
$70,000
$91,000
30.0%
7
3
-57.1%
Freedom
350
278
-20.6%
$175,000
$95,000
-45.7%
7
6
-14.3%
Hales Location
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Harts Location
0
217
0.0%
$0
$45,000
0.0%
0
1
0.0%
Jackson
89
359
303.4%
$260,000
$190,000
-26.9%
8
5
-37.5%
Madison
223
192
-13.9%
$183,500
$175,000
-4.6%
16
7
-56.3%
Moultonborough
134
155
15.7%
$215,000
$259,000
20.5%
23
25
8.7%
Ossipee
200
168
-16.0%
$120,000
$135,000
12.5%
16
7
-56.3%
Sandwich
106
109
2.8%
$227,000
$245,000
7.9%
3
6
100.0%
Tamworth
101
130
28.7%
$159,500
$120,500
-24.5%
6
9
50.0%
Tuftonboro
143
212
48.3%
$158,770
$213,250
34.3%
12
8
-33.3%
Wakefield
140
252
80.0%
$124,500
$163,000
30.9%
20
11
-45.0%
Wolfeboro
136
235
72.8%
$168,000
$263,000
56.5%
19
16
-15.8%
Carroll County Average
156
178
14.1%
$158,000
$172,000
8.9%
199
183
-8.0%
Town
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
9
County – Single Family CHESHIRE COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alstead
208
119
-42.8%
$130,000
$110,250
-15.2%
9
3
-66.7%
Chesterfield
488
367
-24.8%
$369,900
$442,500
19.6%
7
7
0.0%
Dublin
155
19
-87.7%
$334,000
$75,000
-77.5%
3
1
-66.7%
Fitzwilliam
268
148
-44.8%
$174,500
$162,750
-6.7%
6
4
-33.3%
Gilsum
64
151
135.9%
$38,750
$185,000
377.4%
2
1
-50.0%
Harrisville
90
424
371.1%
$67,000
$450,000
571.6%
3
1
-66.7%
Hinsdale
90
167
85.6%
$124,810
$109,750
-12.1%
7
6
-14.3%
Jaffrey
308
220
-28.6%
$161,200
$149,500
-7.3%
16
12
-25.0%
Keene
133
145
9.0%
$128,450
$152,600
18.8%
38
28
-26.3%
Marlborough
185
285
54.1%
$132,000
$143,000
8.3%
3
2
-33.3%
Marlow
105
0
-100.0%
$168,380
$0
-100.0%
2
0
-100.0%
Nelson
0
206
0.0%
$0
$136,067
0.0%
0
1
0.0%
Richmond
0
146
0.0%
$0
$166,500
0.0%
0
4
0.0%
Rindge
76
113
48.7%
$123,000
$162,000
31.7%
8
13
62.5%
Roxbury
259
0
-100.0%
$60,000
$0
-100.0%
1
0
-100.0%
Stoddard
152
213
40.1%
$168,768
$97,500
-42.2%
8
3
-62.5%
Sullivan
165
0
-100.0%
$155,000
$0
-100.0%
1
0
-100.0%
Surry
108
0
-100.0%
$161,569
$0
-100.0%
2
0
-100.0%
Swanzey
108
114
5.6%
$106,000
$139,950
32.0%
13
16
23.1%
Troy
258
171
-33.7%
$68,000
$98,000
44.1%
2
4
100.0%
Walpole
276
299
8.3%
$260,000
$149,500
-42.5%
5
6
20.0%
Westmoreland
146
46
-68.5%
$96,000
$255,000
165.6%
2
1
-50.0%
Winchester
147
120
-18.4%
$75,250
$82,500
9.6%
6
5
-16.7%
Cheshire County Average
181
171
-5.5%
$136,289
$145,000
6.4%
144
118
-18.1%
Town
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
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New Hampshire Fine Homes First Quarter 2014 Market Review
County – Single Family COOS COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Town
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Berlin
283
282
-0.4%
$62,500
$55,000
-12.0%
23
9
-60.9%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
159
132
-17.0%
$122,000
$161,450
32.3%
3
6
100.0%
Clarksville
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Colebrook
175
219
25.1%
$67,000
$75,750
13.1%
3
4
33.3%
Columbia
338
23
-93.2%
$88,988
$76,300
-14.3%
2
1
-50.0%
Dalton
281
178
-36.7%
$156,000
$159,000
1.9%
3
1
-66.7%
Dixville
91
0
-100.0%
$30,000
$0
-100.0%
1
0
-100.0%
Dummer
127
25
-80.3%
$65,000
$38,100
-41.4%
1
1
0.0%
Errol
864
196
-77.3%
$151,250
$85,000
-43.8%
2
3
50.0%
Gorham
126
78
-38.1%
$77,000
$57,250
-25.6%
8
4
-50.0%
Jefferson
184
241
31.0%
$149,500
$7,400
-95.1%
2
1
-50.0%
Lancaster
318
243
-23.6%
$152,500
$100,000
-34.4%
10
6
-40.0%
Milan
81
207
155.6%
$110,000
$87,000
-20.9%
3
2
-33.3%
Northumberland
253
156
-38.3%
$32,000
$23,700
-25.9%
8
5
-37.5%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Pittsburg
325
113
-65.2%
$116,000
$59,000
-49.1%
8
3
-62.5%
Randolph
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Shelburne
0
278
0.0%
$0
$217,250
0.0%
0
2
0.0%
Stark
294
98
-66.7%
$124,890
$84,000
-32.7%
2
1
-50.0%
Stewartstown
23
295
1182.6%
$52,000
$76,000
46.2%
1
3
200.0%
Stratford
220
157
-28.6%
$145,000
$70,000
-51.7%
1
3
200.0%
Success
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Wentworths Location
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Whitefield
158
142
-10.1%
$89,900
$166,900
85.7%
5
3
-40.0%
Coos County Average
253
190
-24.9%
$89,900
$83,250
-7.4%
87
58
-33.3%
Cambridge Carroll
Odell
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
11
County – Single Family GRAFTON COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alexandria
73
43
-41.1%
$235,000
$140,000
-40.4%
3
2
-33.3%
Ashland
180
204
13.3%
$70,000
$138,000
97.1%
3
4
33.3%
Bath
78
80
2.6%
$63,000
$89,000
41.3%
3
1
-66.7%
Benton
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Bethlehem
247
179
-27.5%
$110,000
$103,000
-6.4%
6
5
-16.7%
Bridgewater
91
103
13.2%
$640,000
$442,500
-30.9%
1
4
300.0%
Bristol
93
542
482.8%
$135,000
$67,500
-50.0%
5
2
-60.0%
Campton
105
170
61.9%
$185,000
$137,000
-25.9%
7
11
57.1%
Canaan
117
103
-12.0%
$169,500
$151,500
-10.6%
6
7
16.7%
Dorchester
8
230
2775.0%
$40,000
$22,000
-45.0%
1
1
0.0%
Easton
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Ellsworth
234
7
-97.0%
$65,000
$137,000
110.8%
1
1
0.0%
Enfield
140
158
12.9%
$243,000
$209,500
-13.8%
9
10
11.1%
Franconia
19
313
1547.4%
$320,074
$187,500
-41.4%
2
2
0.0%
Grafton
172
105
-39.0%
$85,000
$147,500
73.5%
1
3
200.0%
Groton
132
199
50.8%
$120,000
$111,750
-6.9%
3
2
-33.3%
Hanover
113
172
52.2%
$375,000
$628,500
67.6%
11
11
0.0%
Haverhill
57
143
150.9%
$124,500
$59,500
-52.2%
3
9
200.0%
Hebron
198
126
-36.4%
$472,500
$225,000
-52.4%
2
1
-50.0%
Holderness
211
128
-39.3%
$300,000
$186,539
-37.8%
5
2
-60.0%
Town
12
New Hampshire Fine Homes First Quarter 2014 Market Review
County – Single Family GRAFTON COUNTY SINGLE FAMILY - CONTINUED Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Landaff
0
213
0.0%
$0
$130,500
0.0%
0
2
0.0%
Lebanon
138
162
17.4%
$208,123
$200,000
-3.9%
29
23
-20.7%
Lincoln
211
268
27.0%
$220,000
$131,500
-40.2%
25
32
28.0%
Lisbon
116
92
-20.7%
$53,200
$92,225
73.4%
4
4
0.0%
Littleton
188
224
19.1%
$100,000
$141,775
41.8%
16
9
-43.8%
0
16
0.0%
$0
$159,500
0.0%
0
1
0.0%
Lyme
118
292
147.5%
$525,000
$302,500
-42.4%
3
4
33.3%
Monroe
148
187
26.4%
$291,000
$175,800
-39.6%
2
1
-50.0%
Orange
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Orford
92
86
-6.5%
$235,000
$225,500
-4.0%
3
4
33.3%
Piermont
0
108
0.0%
$0
$130,000
0.0%
0
1
0.0%
Plymouth
252
148
-41.3%
$86,000
$145,000
68.6%
3
5
66.7%
Rumney
90
200
122.2%
$183,500
$141,000
-23.2%
2
3
50.0%
Sugar Hill
60
340
466.7%
$227,500
$244,100
7.3%
2
2
0.0%
Thornton
218
177
-18.8%
$165,250
$102,000
-38.3%
6
7
16.7%
Warren
69
0
-100.0%
$35,450
$0
-100.0%
2
0
-100.0%
Waterville Valley
274
773
182.1%
$162,500
$189,000
16.3%
8
4
-50.0%
Wentworth
250
431
72.4%
$64,800
$188,225
190.5%
1
2
100.0%
Woodstock
680
279
-59.0%
$164,000
$147,500
-10.1%
5
12
140.0%
Grafton County Average
172
207
20.3%
$176,000
$152,750
-13.2%
183
194
6.0%
Town
Lyman
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
13
County – Single Family HILLSBOROUGH COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Amherst
93
111
19.4%
$245,000
$290,750
18.7%
33
24
-27.3%
Antrim
131
177
35.1%
$152,500
$145,000
-4.9%
4
7
75.0%
Bedford
93
91
-2.2%
$316,900
$354,000
11.7%
41
36
-12.2%
Bennington
25
79
216.0%
$45,000
$159,900
255.3%
1
3
200.0%
Brookline
100
117
17.0%
$304,013
$324,390
6.7%
9
14
55.6%
Deering
238
85
-64.3%
$275,000
$218,500
-20.5%
2
3
50.0%
Francestown
197
21
-89.3%
$185,000
$212,000
14.6%
9
1
-88.9%
Goffstown
88
46
-47.7%
$189,500
$179,000
-5.5%
40
25
-37.5%
Greenfield
150
150
0.0%
$223,750
$124,000
-44.6%
4
4
0.0%
Greenville
40
222
455.0%
$56,200
$165,000
193.6%
1
2
100.0%
Hancock
111
211
90.1%
$190,000
$278,000
46.3%
5
5
0.0%
Hillsborough
123
122
-0.8%
$79,900
$60,000
-24.9%
15
17
13.3%
Hollis
167
130
-22.2%
$335,000
$389,000
16.1%
22
17
-22.7%
Hudson
62
89
43.5%
$231,450
$257,200
11.1%
60
50
-16.7%
Litchfield
106
118
11.3%
$214,000
$271,100
26.7%
12
19
58.3%
Lyndeborough
173
79
-54.3%
$250,000
$295,000
18.0%
5
3
-40.0%
Manchester
76
75
-1.3%
$159,900
$151,000
-5.6%
212
185
-12.7%
Mason
79
124
57.0%
$176,000
$190,000
8.0%
5
5
0.0%
Merrimack
98
81
-17.3%
$212,000
$188,240
-11.2%
71
65
-8.5%
Milford
94
74
-21.3%
$160,250
$189,900
18.5%
36
29
-19.4%
Mont Vernon
137
202
47.4%
$235,000
$272,950
16.1%
11
8
-27.3%
Nashua
80
62
-22.5%
$189,000
$200,000
5.8%
141
142
0.7%
New Boston
174
102
-41.4%
$218,000
$220,750
1.3%
11
6
-45.5%
New Ipswich
186
148
-20.4%
$119,500
$197,000
64.9%
8
16
100.0%
Pelham
99
127
28.3%
$335,000
$284,900
-15.0%
21
17
-19.0%
Peterborough
213
143
-32.9%
$178,250
$210,000
17.8%
16
12
-25.0%
Sharon
6
208
3366.7%
$117,500
$372,000
216.6%
1
2
100.0%
Temple
33
90
172.7%
$290,000
$198,000
-31.7%
1
3
200.0%
Weare
132
92
-30.3%
$155,000
$173,750
12.1%
25
22
-12.0%
Wilton
153
106
-30.7%
$207,000
$157,200
-24.1%
8
10
25.0%
Windsor
0
77
0.0%
$0
$131,493
0.0%
0
2
0.0%
Hillsborough County Average
96
89
-7.3%
$193,000
$199,000
3.1%
831
754
-9.3%
Town
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
14
New Hampshire Fine Homes First Quarter 2014 Market Review
County – Single Family MERRIMACK COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Allenstown
35
110
214.3%
$128,850
$155,000
20.3%
6
5
-16.7%
Andover
182
126
-30.8%
$158,000
$152,500
-3.5%
7
9
28.6%
Boscawen
89
73
-18.0%
$149,900
$137,450
-8.3%
7
6
-14.3%
Bow
194
102
-47.4%
$234,250
$285,000
21.7%
20
19
-5.0%
Bradford
239
89
-62.8%
$125,000
$201,750
61.4%
5
2
-60.0%
Canterbury
229
184
-19.7%
$222,450
$238,750
7.3%
2
6
200.0%
Chichester
75
177
136.0%
$174,750
$190,000
8.7%
2
5
150.0%
Concord
126
108
-14.3%
$200,250
$167,250
-16.5%
62
54
-12.9%
Danbury
186
111
-40.3%
$72,500
$153,000
111.0%
7
3
-57.1%
Dunbarton
88
138
56.8%
$171,200
$268,000
56.5%
4
5
25.0%
Epsom
73
176
141.1%
$132,500
$205,000
54.7%
9
3
-66.7%
Franklin
99
125
26.3%
$127,500
$139,900
9.7%
12
16
33.3%
Henniker
58
82
41.4%
$146,000
$207,500
42.1%
7
5
-28.6%
Hill
153
386
152.3%
$174,500
$40,000
-77.1%
2
1
-50.0%
Hooksett
102
83
-18.6%
$163,750
$211,750
29.3%
40
30
-25.0%
Hopkinton
196
95
-51.5%
$232,500
$233,000
0.2%
8
15
87.5%
Loudon
100
102
2.0%
$169,500
$216,900
28.0%
13
9
-30.8%
New London
274
127
-53.6%
$315,000
$295,000
-6.3%
11
13
18.2%
Newbury
179
102
-43.0%
$410,000
$157,000
-61.7%
5
2
-60.0%
Northfield
120
151
25.8%
$150,000
$179,000
19.3%
11
9
-18.2%
Pembroke
74
89
20.3%
$178,000
$136,900
-23.1%
15
9
-40.0%
Pittsfield
140
33
-76.4%
$75,000
$91,360
21.8%
13
5
-61.5%
Salisbury
36
175
386.1%
$399,000
$182,500
-54.3%
1
3
200.0%
Sutton
93
257
176.3%
$155,000
$260,000
67.7%
7
5
-28.6%
Warner
185
49
-73.5%
$180,000
$151,000
-16.1%
8
3
-62.5%
Webster
148
97
-34.5%
$93,000
$174,900
88.1%
3
3
0.0%
Wilmot
347
0
-100.0%
$116,500
$0
-100.0%
2
0
-100.0%
Merrimack County Average
132
113
-14.4%
$165,118
$185,500
12.3%
290
245
-15.5%
Town
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
15
County – Single Family ROCKINGHAM COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Atkinson
79
111
40.5%
$253,000
$260,000
2.8%
13
9
-30.8%
Auburn
103
97
-5.8%
$241,467
$340,000
40.8%
21
19
-9.5%
Brentwood
167
238
42.5%
$231,330
$253,000
9.4%
13
10
-23.1%
Candia
117
178
52.1%
$254,000
$205,000
-19.3%
13
7
-46.2%
Chester
63
71
12.7%
$310,000
$224,950
-27.4%
17
14
-17.6%
Danville
158
100
-36.7%
$202,000
$220,000
8.9%
14
9
-35.7%
Deerfield
223
168
-24.7%
$229,000
$200,000
-12.7%
11
7
-36.4%
Derry
70
105
50.0%
$147,777
$202,380
36.9%
79
69
-12.7%
East Kingston
251
29
-88.4%
$228,100
$346,500
51.9%
4
1
-75.0%
Epping
99
181
82.8%
$211,250
$200,000
-5.3%
18
27
50.0%
Exeter
129
80
-38.0%
$224,000
$244,000
8.9%
39
46
17.9%
Fremont
141
93
-34.0%
$207,000
$232,500
12.3%
15
11
-26.7%
Greenland
77
118
53.2%
$309,000
$451,100
46.0%
7
10
42.9%
Hampstead
87
77
-11.5%
$253,000
$231,000
-8.7%
17
18
5.9%
Hampton
169
93
-45.0%
$253,500
$267,250
5.4%
48
54
12.5%
Hampton Falls
117
141
20.5%
$350,000
$370,000
5.7%
4
9
125.0%
Kensington
96
11
-88.5%
$280,000
$240,000
-14.3%
5
1
-80.0%
Kingston
70
129
84.3%
$227,000
$256,000
12.8%
12
15
25.0%
Londonderry
88
87
-1.1%
$220,000
$251,000
14.1%
57
52
-8.8%
Town
16
New Hampshire Fine Homes First Quarter 2014 Market Review
County – Single Family ROCKINGHAM COUNTY SINGLE FAMILY - CONTINUED Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
0
389
0.0%
$0
$750,000
0.0%
0
2
0.0%
Newfields
103
126
22.3%
$286,000
$262,650
-8.2%
5
4
-20.0%
Newington
37
98
164.9%
$470,200
$922,500
96.2%
2
2
0.0%
Newmarket
106
63
-40.6%
$203,500
$232,250
14.1%
11
26
136.4%
Newton
74
98
32.4%
$237,500
$280,000
17.9%
18
15
-16.7%
North Hampton
134
246
83.6%
$492,000
$635,000
29.1%
17
12
-29.4%
Northwood
89
130
46.1%
$207,450
$184,950
-10.8%
8
14
75.0%
Nottingham
75
121
61.3%
$285,000
$246,170
-13.6%
9
21
133.3%
Plaistow
57
76
33.3%
$130,000
$249,950
92.3%
15
14
-6.7%
Portsmouth
96
79
-17.7%
$380,000
$320,000
-15.8%
59
57
-3.4%
Raymond
87
93
6.9%
$194,500
$208,000
6.9%
33
19
-42.4%
Rye
180
206
14.4%
$689,000
$765,000
11.0%
11
13
18.2%
Salem
98
76
-22.4%
$210,000
$256,500
22.1%
62
62
0.0%
Sandown
112
113
0.9%
$186,450
$231,364
24.1%
8
16
100.0%
Seabrook
116
101
-12.9%
$275,000
$251,250
-8.6%
19
20
5.3%
South Hampton
0
301
0.0%
$0
$585,000
0.0%
0
1
0.0%
Stratham
94
114
21.3%
$316,000
$392,750
24.3%
30
26
-13.3%
Windham
148
131
-11.5%
$349,900
$335,000
-4.3%
41
47
14.6%
Rockingham County Average
108
107
-0.9%
$235,000
$259,105
10.3%
751
750
-0.1%
Town
New Castle
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
17
County – Single Family STRAFFORD COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Barrington
161
52
-67.7%
$212,000
$235,000
10.8%
16
13
-18.8%
Dover
94
86
-8.5%
$174,950
$214,600
22.7%
68
51
-25.0%
Durham
125
163
30.4%
$282,000
$307,500
9.0%
15
16
6.7%
Farmington
86
81
-5.8%
$106,500
$102,875
-3.4%
26
10
-61.5%
Lee
138
106
-23.2%
$194,500
$191,000
-1.8%
6
8
33.3%
Madbury
37
106
186.5%
$250,000
$325,000
30.0%
6
1
-83.3%
Middleton
99
177
78.8%
$37,000
$140,000
278.4%
2
5
150.0%
Milton
119
122
2.5%
$130,000
$180,000
38.5%
13
7
-46.2%
New Durham
47
242
414.9%
$179,000
$225,000
25.7%
11
5
-54.5%
Rochester
88
91
3.4%
$90,000
$129,500
43.9%
55
53
-3.6%
Rollinsford
171
257
50.3%
$210,000
$187,250
-10.8%
3
2
-33.3%
Somersworth
84
130
54.8%
$134,000
$144,500
7.8%
23
19
-17.4%
Strafford
137
25
-81.8%
$202,450
$300,000
48.2%
6
3
-50.0%
Strafford County Average
98
105
7.1%
$169,500
$180,000
6.2%
251
193
-23.1%
Town
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
18
New Hampshire Fine Homes First Quarter 2014 Market Review
County – Single Family SULLIVAN COUNTY SINGLE FAMILY Q1-2013
Q1-2014
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Acworth
216
143
-33.8%
$57,750
$198,500
243.7%
1
2
100.0%
Charlestown
113
127
12.4%
$95,000
$120,500
26.8%
5
8
60.0%
Claremont
121
156
28.9%
$107,450
$89,900
-16.3%
14
17
21.4%
Cornish
358
94
-73.7%
$236,500
$170,000
-28.1%
1
3
200.0%
Croydon
123
61
-50.4%
$145,000
$110,000
-24.1%
3
2
-33.3%
Goshen
27
204
655.6%
$55,005
$125,000
127.3%
2
1
-50.0%
Grantham
152
150
-1.3%
$173,000
$222,500
28.6%
23
10
-56.5%
Langdon
281
100
-64.4%
$138,000
$86,000
-37.7%
5
3
-40.0%
Lempster
56
80
42.9%
$115,000
$152,273
32.4%
1
1
0.0%
Newport
146
136
-6.8%
$144,000
$24,900
-82.7%
9
11
22.2%
Plainfield
0
105
0.0%
$0
$1,245,000
0.0%
0
1
0.0%
Springfield
289
94
-67.5%
$139,375
$111,000
-20.4%
4
3
-25.0%
Sunapee
237
405
70.9%
$288,000
$218,000
-24.3%
10
6
-40.0%
Unity
220
0
-100.0%
$134,500
$178,000
32.3%
3
1
-66.7%
Washington
148
323
118.2%
$95,000
$60,114
-36.7%
6
3
-50.0%
Sullivan County Average
168
163
-3.0%
$145,000
$122,250
-15.7%
87
72
-17.2%
Town
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
19
Waterfront – Statewide Overview Owned Frontage Only 400
TRANSACTION VOLUME COMPARISON 371
400
Number of Transactions
325
371
325
288
286
268
250
255 241
288
286
268
250
255
203
241
175 203
175
132
128
117
100
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
132
100
128
117
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2014
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
This chart represents the total number of closed transactions for single-family and condos with owned water frontage.
SALES VOLUME COMPARISON 175 $165
175 145
Millions
$142
145 115
115
$124
$118
$121
$142 $106
$124
85
$165
$121
$118
$88 $106
85
55
55
$88
$59
$56 $41
25
$59
$56
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
$41 This chart shows the total dollar amount of all closed transactions for single-family and condos with owned water frontage.
25
20
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
New Hampshire Fine Homes First Quarter 2014 Market Review
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Waterfront – Statewide Overview Owned Frontage Only AVERAGE SALES PRICE
$462,844
$358,480
400
$431,252
425
$441,435
450
$423,366
$441,190
475
$437,797
Sales Price
500
$4417,309
$488,576
525
$493,145
550
375 350
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
This chart plots the average sales price of all single family and condo sales state wide with owned water frontage.
New Hampshire Fine Homes First Quarter 2014 Market Review
21
Waterfront – Statewide Overview County Summary QUARTER OVER QUARTER COMPARISON Q1-2013
Q1-2014
County
Q1-2013
Q1-2014
Q1-2013
Q1-2014
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Belknap
166
165
-0.6%
$230,500
$345,750
50.0%
61
52
-14.8%
Carroll
201
226
12.4%
$250,750
$181,500
-27.6%
42
54
28.6%
Cheshire
278
185
-33.5%
$134,735
$176,250
30.8%
13
12
-7.7%
Coos
213
176
-17.4%
$123,000
$85,000
-30.9%
10
5
-50.0%
Grafton
181
188
3.9%
$203,000
$221,450
9.1%
25
27
8.0%
Hillsborough
105
124
18.1%
$295,000
$221,900
-24.8%
11
29
163.6%
Merrimack
189
125
-33.9%
$235,000
$189,500
-19.4%
16
8
-50.0%
Rockingham
158
163
3.2%
$261,000
$348,500
33.5%
43
40
-7.0%
Strafford
116
113
-2.6%
$222,500
$398,500
79.1%
16
16
0.0%
Sullivan
200
140
-30.0%
$243,250
$198,250
-18.5%
12
12
0.0%
State of NH Average
177
171
-3.4%
$230,000
$255,000
10.9%
249
255
2.4%
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions with either owned, right of way or shared –private water access are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
22
New Hampshire Fine Homes First Quarter 2014 Market Review
Waterfront – By Waterbody Name QUARTER OVER QUARTER COMPARISON Q1-2013
Q1-2014
Q1-2013
Q1-2014
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
467
79.6%
$860,000
$1,150,000
33.7%
1
2
100.0%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Crystal
159
136
-14.5%
$292,500
$325,000
11.1%
5
1
-80.0%
Locke
126
143
13.5%
$180,000
$143,000
-20.6%
7
1
-85.7%
Merrymeeting
54
94
74.1%
$534,000
$337,750
-36.8%
2
2
0.0%
Newfound
120
454
278.3%
$386,200
$680,000
76.1%
4
3
-25.0%
Opechee
14
150
971.4%
$212,000
$457,500
115.8%
1
1
0.0%
Sawyer
16
8
-50.0%
$149,900
$79,000
-47.3%
1
1
0.0%
Silver
310
68
-78.1%
$568,000
$402,500
-29.1%
1
2
100.0%
Squam
227
170
-25.1%
$247,500
$377,050
52.3%
10
12
20.0%
Sunapee
272
14
-94.9%
$586,000
$226,000
-61.4%
7
1
-85.7%
Winnipesaukee
168
182
8.3%
$307,500
$517,500
68.3%
46
40
-13.0%
Winnisquam
183
167
-8.7%
$230,000
$332,500
44.6%
9
11
22.2%
Waukewan
0
100
0.0%
$0
$600,000
0.0%
0
1
0.0%
Statewide
177
171
-3.4%
$230,000
$255,000
10.9%
249
255
2.4%
Waterbody
Atlantic Cochecho
Q1-2013
Q1-2014
Days on Market
Days on Market
260
Days on market indicates how long a property was for sale before an offer was accepted and number of sales indicates how many closed transactions occurred in this time period. Only single family and condo transactions with either owned, right of way or shared –private water access are included. Data source is NNEREN and while deemed accurate, may contain errors and omissions.
New Hampshire Fine Homes First Quarter 2014 Market Review
23
Lake Winnipesaukee Waterfront Homes TRANSACTION VOLUME
Number of Transactions
150 150
130 130
125 125
100 100
75 75
89 89
85 85
61 61
50 50
25 25
90 90
83 83
98 98
91 91
46 46
40 40
Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014
This chart shows the number of single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
SALES VOLUME 75 75 $69 $69
Millions
62 62
49 49
36 36
23 23
10 10
$50 $50
$53 $53
$51 $51
$51 $51
$50 $50
$43 $43
$29 $29 $21 $21
$25 $25
Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014
This chart shows the total value of single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
24
New Hampshire Fine Homes First Quarter 2014 Market Review
Lake Winnipesaukee Waterfront Homes
Median Sales Price Median Sales Price
$384,000 $384,000 $307,500 $307,500
$65,000 $65,000
$350,000 $350,000
$349,500 $349,500
380 380
$325,000 $325,000
460 460
$517,500 $517,500
$535,478 $535,478
$516,773 $516,773 $330,350 $330,350
Average Sales Price Average Sales Price
$330,000 $330,000
$459,211 $459,211
$562,501 $562,501
$611,491 $611,491
$604,672 $604,672
$557,969 $557,969 $479,169 $479,169
540 540
$347,488 $347,488
Sales Price
620 620
$529,178 $529,178
700 700
$648,581 $648,581
AVERAGE AND MEDIAN SALES PRICE
300 300 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 Q4Q4 2011 2012 2012 2012 2012 2013 2013 2013 2013 2014 This chart shows the average and median sales prices of single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
AVERAGE DAYS ON MARKET 300 300
275 275 245 245
Days
250 250
225 225
220 220
200 200
183 183
182 182
177 177
182 182
175 175 170 170
163 163
168 168
170 170
150 150 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 Q4Q4 2011 2012 2012 2012 2012 2013 2013 2013 2013 2014 This chart shows the average number of days on market for single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
New Hampshire Fine Homes First Quarter 2014 Market Review
25
235 $221
220
Lake Winnipesaukee Waterfront Homes Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
SALES PRICE VS. LIST PRICE COMPARISON 100
95
Percentage
90%
90
85
84% 83%
84%
84%
87%
88%
88%
87%
82%
80
75
70
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
This chart shows the ratio of sales prices divided by list price and shows the average percentage that a property sold for as compared to the selling price for single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
26
New Hampshire Fine Homes First Quarter 2014 Market Review
Lake Winnipesaukee Waterfront Homes AVERAGE PRICE PER SQUARE FOOT 325
$320
$318
310
$302
295
$291
Dollars
$292
280
$270
$275 $267
265 $261
250 235 $221
220
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
This chart represents the average price per square foot that a property sold for single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
AVERAGE PRICE PER FOOT OF WATER FRONTAGE 100 1300
$1,262
120095
Dollars
1100 90
$1,040
1000 85 900
84% 83%
84%
82%
$799
87%
$840
88%
88%
87%
$876
$801 $835
80080 700 75 $708
84%
90%
$717
600 $574 70 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 500 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 This chart shows the average price paid per foot of water frontage for single family homes and condos with owned, right of way or shared (private) water front access on Lake Winnipesaukee that have sold in the periods shown.
New Hampshire Fine Homes First Quarter 2014 Market Review
27
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