NEW HAMPSHIRE REAL ESTATE
First Quarter 2015 Market Review
NHFineHomes.com | 603-232-8282
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 2015 Market Review
Despite another cold and snowy first quarter in New Hampshire, the residential real estate market posted an 8.8% gain in median sales price quarter-over-quarter with 5.3% more homes sold vs. the first quarter of 2014. Even with record snow fall, home buyers kept buying. All New Hampshire counties, with the exception of Coos, saw price increases, and four of the ten counties saw a doubledigit price gain. Waterfront home sales statewide remained steady compared to the first quarter of 2014. Median sales prices slid by 3.9% but average days on market and number of transactions were unchanged. With buyer interest heating up, the availability of homes for sale remains very tight. Multiple-offer scenarios are becoming more common, especially in high-demand locations. Some homes are going under contract within days of hitting the market. In the most desirable New Hampshire towns, including many in southern New Hampshire close to the interstate, it’s a strong seller’s market. Towns in less desirable locations farther from the interstate may still be experiencing buyer’s market conditions. Price point, property condition and style always play a role in time on market. With many expecting interest rates to rise later this year, it is possible we are seeing some pent-up demand for homes, and buyers who have been sitting on the fence are seeking homes with more urgency. This demand and the low availability of homes on the market are combining to help drive prices up. It’s critical that homeowners who are considering selling have a realistic understanding of how desirable their home is and how it compares with the competition. We are seeing more and more buyers passing up on dated or ‘project’ homes and instead buying updated homes that are basically turn-key. Most of today’s buyers want to step into a fully improved home and be able to finance those updates at the time of sale. We are forecasting a great spring selling season for home sellers and buyers alike. The New Hampshire Fine Homes team is growing, and we invite you to connect with us online at www.facebook.com/ nhfinehomes to keep on top of the local market. We often share details of ‘coming soon’ homes through social media, email and text, so if you are thinking of buying a home soon, consider following us so you can learn about new homes before they hit the market. Best Regards,
Link Moser
Bill Weidacher
Diane Davidson
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 2015 Market Review
3
Statewide Overview TRANSACTION VOLUME COMPARISON 6000 6000
Number of Transactions
5,513 5,513
5,473 5,473
5000 5000 4,877 4,877
4,769 4,769
4000 4000
4,042 4,042
3000 3000
4,621 4,621
4,308 4,308
3,005 3,005
2,886 2,886
2,741 2,741
2000 2000
1000 1000
00
Q4Q4 2012 2013 2013 2013 2013 2014 2014 2014 2014 2015 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 Q2Q2 2014 Q3Q3 2014 Q4Q4 2014 Q1Q1 2015
This chart represents the total number of closed transactions for single-family and condos.
SALES VOLUME COMPARISON 1500 1500 $1,439 $1,439
$1,407 $1,407
1300 1300
Millions
$1,243 $1,243 $1,168 $1,168
$1,160 $1,160
1100 1100
$1,045 $1,045
900 900
$971 $971
700 700
$706 $706 $639 $639
$660 $660
500 500 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 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 2015 Market Review
Statewide Overview
185 185
$244,930 $244,930
$252,918 $252,918 $216,500 $216,500
$263,006 $263,006 $221,020 $221,020
$220,000 $220,000
$242,758 $242,758
$255,288 $255,288
$208,000 $208,000
$214,400 $214,400
195 195
$197,000 $197,000
205 205
$220,000 $220,000
215 215
$2343,391 $2343,391
225 225
$209,900 $209,900
$212,924 $212,924
235 235
$194,450 $194,450
Sales Price
245 245
$185,000 $185,000
255 255
$240,231 $240,231
265 265
$240,902 $240,902
275 275
$255,043 $255,043
AVERAGE AND MEDIAN SALES PRICE
Average Sales Price Average Sales Price Median Sales Price Median Sales Price
175 175 Q4Q4 2012 2013 2013 2013 2013 2014 2014 2014 2014 2015 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 Q2Q2 2014 Q3Q3 2014 Q4Q4 2014 Q4Q4 2015 This chart plots the average and median sales process for closed transactions for single-family and condos.
AVERAGE DAYS ON MARKET 130 130
124 124
125 125
124 124
120 120
Days
114 114
110 110
110 110 108 108 102 102
100 100
9999
100 100
9090 8686
8080 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q4 2015 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q4 2015 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 2015 Market Review
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Statewide Overview AVERAGE PRICE PER SQUARE FOOT 200
$177
Dollars
175
$148
$147
150 $138
$138 $143
$142
$141
$136
125
100
$124
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q4 2015
This chart represents the average price per square foot that a property sold for.
100 90.2%
90.7%
92.9%
93.5%
93.5%
92.6%
92.2%
89.4%
91.8%
90
80
70 69.6%
60
50
6
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
New Hampshire Fine Homes First Quarter 2015 Market Review
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q4 2015
125
100
$124
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Statewide Overview Q2 2014
Q3 2014
Q4 2014
Q4 2015
SALES PRICE VS. LIST PRICE COMPARISON 100 90.2%
90.7%
92.9%
93.5%
93.5%
92.6%
92.2%
89.4%
91.8%
Percentage
90
80
70 69.6%
60
50
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q4 2015
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 2015 Market Review
7
County & State Summary – Single Family COUNTY & STATE SUMMARY SINGLE FAMILY Q1-2014
Q1-2015
County
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Belknap
165
156
-5.5%
$194,000
$193,950
0.0%
174
154
-11.5%
Carroll
178
148
-16.9%
$172,000
$199,900
16.2%
183
185
1.1%
Cheshire
171
148
-13.5%
$145,000
$162,500
12.1%
118
157
33.1%
Coos
190
247
30.0%
$83,250
$82,000
-1.5%
58
76
31.0%
Grafton
207
178
-14.0%
$152,750
$160,000
4.7%
194
209
7.7%
Hillsborough
89
85
-4.5%
$199,000
$224,750
12.9%
754
726
-3.7%
Merrimack
113
114
0.9%
$185,500
$190,000
2.4%
245
294
20.0%
Rockingham
107
87
-18.7%
$259,105
$265,000
2.3%
750
782
4.3%
Strafford
105
98
-6.7%
$180,000
$188,450
4.7%
193
234
21.2%
Sullivan
163
195
19.6%
$122,250
$155,000
26.8%
72
69
-4.2%
State of NH Average
124
114
-8.1%
$197,000
$214,400
8.8%
2,741
2,886
5.3%
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 Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Town
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alton
234
207
-11.5%
$251,100
$226,000
-10.0%
6
18
200.0%
Barnstead
118
117
-0.8%
$126,650
$123,500
-2.5%
14
10
-28.6%
Belmont
114
118
3.5%
$191,000
$176,750
-7.5%
16
10
-37.5%
Center Harbor
254
117
-53.9%
$275,000
$264,000
-4.0%
5
3
-40.0%
Gilford
116
185
59.5%
$200,000
$215,000
7.5%
27
24
-11.1%
Gilmanton
144
120
-16.7%
$177,000
$108,500
-38.7%
10
8
-20.0%
Laconia
209
166
-20.6%
$191,000
$160,000
-16.2%
62
42
-32.3%
Meredith
127
151
18.9%
$333,500
$276,500
-17.1%
20
16
-20.0%
New Hampton
165
130
-21.2%
$182,250
$185,000
1.5%
6
5
-16.7%
Sanbornton
233
116
-50.2%
$300,000
$245,000
-18.3%
5
9
80.0%
Tilton
100
133
33.0%
$59,864
$142,000
137.2%
3
9
200.0%
Belknap County Average
165
156
-5.5%
$194,000
$193,950
0.0%
174
154
-11.5%
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.
8
New Hampshire Fine Homes First Quarter 2015 Market Review
County – Single Family CARROLL COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Albany
107
120
12.1%
$179,000
$150,000
-16.2%
1
3
200.0%
Bartlett
154
136
-11.7%
$176,250
$167,000
-5.2%
40
33
-17.5%
Brookfield
71
160
125.4%
$145,100
$237,000
63.3%
2
2
0.0%
Chatham
232
0
-100.0%
$315,000
$0
-100.0%
3
0
-100.0%
Conway
158
116
-26.6%
$155,000
$180,000
16.1%
33
43
30.3%
Eaton
0
128
0.0%
$0
$65,000
0.0%
0
1
0.0%
Effingham
65
201
209.2%
$91,000
$93,500
2.7%
3
6
100.0%
Freedom
278
144
-48.2%
$95,000
$160,000
68.4%
6
3
-50.0%
Hales Location
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Harts Location
217
0
-100.0%
$45,000
$0
-100.0%
1
0
-100.0%
Jackson
359
137
-61.8%
$190,000
$350,000
84.2%
5
5
0.0%
Madison
192
145
-24.5%
$175,000
$241,500
38.0%
7
9
28.6%
Moultonborough
155
206
32.9%
$259,000
$297,450
14.8%
25
20
-20.0%
Ossipee
168
110
-34.5%
$135,000
$167,500
24.1%
7
14
100.0%
Sandwich
109
355
225.7%
$245,000
$205,500
-16.1%
6
2
-66.7%
Tamworth
130
287
120.8%
$120,500
$127,000
5.4%
9
2
-77.8%
Tuftonboro
212
191
-9.9%
$213,250
$287,400
34.8%
8
7
-12.5%
Wakefield
252
120
-52.4%
$163,000
$287,950
76.7%
11
12
9.1%
Wolfeboro
235
166
-29.4%
$263,000
$265,000
0.8%
16
23
43.8%
Carroll County Average
178
148
-16.9%
$172,000
$199,900
16.2%
183
185
1.1%
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.
New Hampshire Fine Homes First Quarter 2015 Market Review
9
County – Single Family CHESHIRE COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alstead
119
548
360.5%
$110,250
$230,750
109.3%
3
4
33.3%
Chesterfield
367
92
-74.9%
$442,500
$211,000
-52.3%
7
8
14.3%
Dublin
19
109
473.7%
$75,000
$246,000
228.0%
1
8
700.0%
Fitzwilliam
148
88
-40.5%
$162,750
$145,250
-10.8%
4
10
150.0%
Gilsum
151
166
9.9%
$185,000
$107,500
-41.9%
1
3
200.0%
Harrisville
424
0
-100.0%
$450,000
$0
-100.0%
1
0
-100.0%
Hinsdale
167
204
22.2%
$109,750
$140,000
27.6%
6
7
16.7%
Jaffrey
220
125
-43.2%
$149,500
$157,000
5.0%
12
9
-25.0%
Keene
145
139
-4.1%
$152,600
$148,750
-2.5%
28
39
39.3%
Marlborough
285
89
-68.8%
$143,000
$124,000
-13.3%
2
3
50.0%
Marlow
0
174
0.0%
$0
$197,000
0.0%
0
2
0.0%
Nelson
206
61
-70.4%
$136,067
$48,807
-64.1%
1
1
0.0%
Richmond
146
103
-29.5%
$166,500
$124,351
-25.3%
4
2
-50.0%
Rindge
113
163
44.2%
$162,000
$205,000
26.5%
13
13
0.0%
Roxbury
0
133
0.0%
$0
$163,000
0.0%
0
1
0.0%
Stoddard
213
64
-70.0%
$97,500
$145,000
48.7%
3
5
66.7%
Sullivan
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Surry
0
53
0.0%
$0
$194,700
0.0%
0
4
0.0%
Swanzey
114
107
-6.1%
$139,950
$153,750
9.9%
16
16
0.0%
Troy
171
10
-94.2%
$98,000
$65,000
-33.7%
4
2
-50.0%
Walpole
299
209
-30.1%
$149,500
$211,500
41.5%
6
6
0.0%
Westmoreland
46
579
1158.7%
$255,000
$165,000
-35.3%
1
3
200.0%
Winchester
120
152
26.7%
$82,500
$112,000
35.8%
5
11
120.0%
Cheshire County Average
171
148
-13.5%
$145,000
$162,500
12.1%
118
157
33.1%
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 2015 Market Review
County – Single Family COOS COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Town
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Berlin
282
223
-20.9%
$55,000
$59,750
8.6%
9
20
122.2%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
132
114
-13.6%
$161,450
$178,000
10.3%
6
9
50.0%
Clarksville
0
97
0.0%
$0
$139,950
0.0%
0
2
0.0%
Colebrook
219
379
73.1%
$75,750
$117,000
54.5%
4
4
0.0%
Columbia
23
624
2613.0%
$76,300
$92,450
21.2%
1
2
100.0%
Dalton
178
336
88.8%
$159,000
$112,000
-29.6%
1
4
300.0%
Dixville
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Dummer
25
0
-100.0%
$38,100
$0
-100.0%
1
0
-100.0%
Errol
196
186
-5.1%
$85,000
$125,000
47.1%
3
1
-66.7%
Gorham
78
343
339.7%
$57,250
$129,250
125.8%
4
6
50.0%
Jefferson
241
166
-31.1%
$7,400
$195,000
2535.1%
1
2
100.0%
Lancaster
243
133
-45.3%
$100,000
$63,500
-36.5%
6
4
-33.3%
Milan
207
341
64.7%
$87,000
$50,000
-42.5%
2
3
50.0%
Northumberland
156
90
-42.3%
$23,700
$17,000
-28.3%
5
3
-40.0%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Pittsburg
113
191
69.0%
$59,000
$61,000
3.4%
3
4
33.3%
Randolph
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Shelburne
278
0
-100.0%
$217,250
$0
-100.0%
2
0
-100.0%
Stark
98
0
-100.0%
$84,000
$0
-100.0%
1
0
-100.0%
Stewartstown
295
542
83.7%
$76,000
$58,500
-23.0%
3
4
33.3%
Stratford
157
0
-100.0%
$70,000
$0
-100.0%
3
0
-100.0%
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
142
203
43.0%
$166,900
$75,950
-54.5%
3
8
166.7%
Coos County Average
190
247
30.0%
$83,250
$82,000
-1.5%
58
76
31.0%
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 2015 Market Review
11
County – Single Family GRAFTON COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alexandria
43
86
100.0%
$140,000
$182,500
30.4%
2
4
100.0%
Ashland
204
131
-35.8%
$138,000
$119,250
-13.6%
4
4
0.0%
Bath
80
9
-88.8%
$89,000
$139,900
57.2%
1
1
0.0%
Benton
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Bethlehem
179
177
-1.1%
$103,000
$129,000
25.2%
5
9
80.0%
Bridgewater
103
399
287.4%
$442,500
$315,000
-28.8%
4
2
-50.0%
Bristol
542
141
-74.0%
$67,500
$59,000
-12.6%
2
9
350.0%
Campton
170
191
12.4%
$137,000
$106,000
-22.6%
11
11
0.0%
Canaan
103
185
79.6%
$151,500
$135,000
-10.9%
7
3
-57.1%
Dorchester
230
165
-28.3%
$22,000
$65,000
195.5%
1
1
0.0%
Easton
0
219
0.0%
$0
$114,900
0.0%
0
1
0.0%
Ellsworth
7
70
900.0%
$137,000
$132,750
-3.1%
1
1
0.0%
Enfield
158
38
-75.9%
$209,500
$295,950
41.3%
10
4
-60.0%
Franconia
313
235
-24.9%
$187,500
$217,000
15.7%
2
2
0.0%
Grafton
105
148
41.0%
$147,500
$73,250
-50.3%
3
2
-33.3%
Groton
199
122
-38.7%
$111,750
$77,900
-30.3%
2
2
0.0%
Hanover
172
156
-9.3%
$628,500
$472,500
-24.8%
11
13
18.2%
Haverhill
143
258
80.4%
$59,500
$129,900
118.3%
9
9
0.0%
Hebron
126
213
69.0%
$225,000
$209,000
-7.1%
1
2
100.0%
Holderness
128
331
158.6%
$186,539
$384,750
106.3%
2
4
100.0%
Town
12
New Hampshire Fine Homes First Quarter 2015 Market Review
County – Single Family GRAFTON COUNTY SINGLE FAMILY - CONTINUED Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Landaff
213
0
-100.0%
$130,500
$0
-100.0%
2
0
-100.0%
Lebanon
162
124
-23.5%
$200,000
$195,000
-2.5%
23
25
8.7%
Lincoln
268
181
-32.5%
$131,500
$166,500
26.6%
32
26
-18.8%
Lisbon
92
70
-23.9%
$92,225
$175,000
89.8%
4
1
-75.0%
Littleton
224
280
25.0%
$141,775
$128,000
-9.7%
9
7
-22.2%
Lyman
16
62
287.5%
$159,500
$60,909
-61.8%
1
5
400.0%
Lyme
292
164
-43.8%
$302,500
$288,950
-4.5%
4
4
0.0%
Monroe
187
158
-15.5%
$175,800
$235,000
33.7%
1
1
0.0%
Orange
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Orford
86
547
536.0%
$225,500
$265,000
17.5%
4
1
-75.0%
Piermont
108
134
24.1%
$130,000
$491,750
278.3%
1
2
100.0%
Plymouth
148
148
0.0%
$145,000
$159,000
9.7%
5
11
120.0%
Rumney
200
127
-36.5%
$141,000
$227,250
61.2%
3
2
-33.3%
Sugar Hill
340
300
-11.8%
$244,100
$155,000
-36.5%
2
1
-50.0%
Thornton
177
199
12.4%
$102,000
$138,000
35.3%
7
13
85.7%
0
16
0.0%
$0
$78,000
0.0%
0
4
0.0%
Waterville Valley
773
237
-69.3%
$189,000
$133,750
-29.2%
4
8
100.0%
Wentworth
431
268
-37.8%
$188,225
$121,250
-35.6%
2
4
100.0%
Woodstock
279
263
-5.7%
$147,500
$140,250
-4.9%
12
10
-16.7%
Grafton County Average
207
178
-14.0%
$152,750
$160,000
4.7%
194
209
7.7%
Town
Warren
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 2015 Market Review
13
County – Single Family HILLSBOROUGH COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Amherst
111
94
-15.3%
$290,750
$317,600
9.2%
24
35
45.8%
Antrim
177
199
12.4%
$145,000
$85,108
-41.3%
7
3
-57.1%
Bedford
91
85
-6.6%
$354,000
$367,450
3.8%
36
62
72.2%
Bennington
79
135
70.9%
$159,900
$53,000
-66.9%
3
4
33.3%
Brookline
117
88
-24.8%
$324,390
$390,000
20.2%
14
9
-35.7%
Deering
85
157
84.7%
$218,500
$197,500
-9.6%
3
4
33.3%
Francestown
21
98
366.7%
$212,000
$210,000
-0.9%
1
4
300.0%
Goffstown
46
55
19.6%
$179,000
$200,000
11.7%
25
28
12.0%
Greenfield
150
256
70.7%
$124,000
$385,000
210.5%
4
2
-50.0%
Greenville
222
36
-83.8%
$165,000
$173,000
4.8%
2
2
0.0%
Hancock
211
182
-13.7%
$278,000
$130,000
-53.2%
5
1
-80.0%
Hillsborough
122
78
-36.1%
$60,000
$132,575
121.0%
17
12
-29.4%
Hollis
130
66
-49.2%
$389,000
$373,900
-3.9%
17
18
5.9%
Hudson
89
65
-27.0%
$257,200
$244,000
-5.1%
50
43
-14.0%
Litchfield
118
102
-13.6%
$271,100
$320,000
18.0%
19
13
-31.6%
Lyndeborough
79
116
46.8%
$295,000
$230,000
-22.0%
3
1
-66.7%
Manchester
75
66
-12.0%
$151,000
$183,000
21.2%
185
177
-4.3%
Mason
124
110
-11.3%
$190,000
$353,500
86.1%
5
2
-60.0%
Merrimack
81
56
-30.9%
$188,240
$196,600
4.4%
65
61
-6.2%
Milford
74
93
25.7%
$189,900
$233,000
22.7%
29
22
-24.1%
Mont Vernon
202
75
-62.9%
$272,950
$298,200
9.3%
8
2
-75.0%
Nashua
62
84
35.5%
$200,000
$219,900
10.0%
142
139
-2.1%
New Boston
102
101
-1.0%
$220,750
$261,000
18.2%
6
12
100.0%
New Ipswich
148
196
32.4%
$197,000
$191,000
-3.0%
16
7
-56.3%
Pelham
127
72
-43.3%
$284,900
$316,564
11.1%
17
21
23.5%
Peterborough
143
124
-13.3%
$210,000
$208,750
-0.6%
12
12
0.0%
Sharon
208
300
44.2%
$372,000
$52,105
-86.0%
2
1
-50.0%
Temple
90
0
-100.0%
$198,000
$0
-100.0%
3
0
-100.0%
Weare
92
242
163.0%
$173,750
$207,450
19.4%
22
18
-18.2%
Wilton
106
190
79.2%
$157,200
$199,650
27.0%
10
10
0.0%
Windsor
77
219
184.4%
$131,493
$45,150
-65.7%
2
1
-50.0%
Hillsborough County Average
89
85
-4.5%
$199,000
$224,750
12.9%
754
726
-3.7%
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 2015 Market Review
County – Single Family MERRIMACK COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Allenstown
110
64
-41.8%
$155,000
$143,500
-7.4%
5
10
100.0%
Andover
126
107
-15.1%
$152,500
$190,000
24.6%
9
8
-11.1%
Boscawen
73
120
64.4%
$137,450
$170,000
23.7%
6
5
-16.7%
Bow
102
133
30.4%
$285,000
$262,950
-7.7%
19
20
5.3%
Bradford
89
165
85.4%
$201,750
$227,000
12.5%
2
4
100.0%
Canterbury
184
111
-39.7%
$238,750
$215,000
-9.9%
6
7
16.7%
Chichester
177
116
-34.5%
$190,000
$185,000
-2.6%
5
6
20.0%
Concord
108
139
28.7%
$167,250
$180,000
7.6%
54
53
-1.9%
Danbury
111
0
-100.0%
$153,000
$0
-100.0%
3
0
-100.0%
Dunbarton
138
175
26.8%
$268,000
$270,000
0.7%
5
4
-20.0%
Epsom
176
93
-47.2%
$205,000
$225,000
9.8%
3
11
266.7%
Franklin
125
123
-1.6%
$139,900
$135,000
-3.5%
16
19
18.8%
Henniker
82
88
7.3%
$207,500
$205,000
-1.2%
5
5
0.0%
Hill
386
135
-65.0%
$40,000
$58,200
45.5%
1
1
0.0%
Hooksett
83
62
-25.3%
$211,750
$206,500
-2.5%
30
35
16.7%
Hopkinton
95
146
53.7%
$233,000
$214,350
-8.0%
15
8
-46.7%
Loudon
102
47
-53.9%
$216,900
$258,672
19.3%
9
13
44.4%
New London
127
154
21.3%
$295,000
$203,500
-31.0%
13
14
7.7%
Newbury
102
232
127.5%
$157,000
$250,000
59.2%
2
9
350.0%
Northfield
151
123
-18.5%
$179,000
$170,000
-5.0%
9
10
11.1%
Pembroke
89
71
-20.2%
$136,900
$189,000
38.1%
9
15
66.7%
Pittsfield
33
75
127.3%
$91,360
$79,900
-12.5%
5
11
120.0%
Salisbury
175
40
-77.1%
$182,500
$166,500
-8.8%
3
1
-66.7%
Sutton
257
167
-35.0%
$260,000
$199,500
-23.3%
5
9
80.0%
Warner
49
112
128.6%
$151,000
$223,000
47.7%
3
9
200.0%
Webster
97
86
-11.3%
$174,900
$210,000
20.1%
3
5
66.7%
Wilmot
0
140
0.0%
$0
$214,250
0.0%
0
2
0.0%
113
114
0.9%
$185,500
$190,000
2.4%
245
294
20.0%
Town
Merrimack County Average
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 2015 Market Review
15
County – Single Family ROCKINGHAM COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Atkinson
111
85
-23.4%
$260,000
$277,500
6.7%
9
25
177.8%
Auburn
97
76
-21.6%
$340,000
$310,000
-8.8%
19
11
-42.1%
Brentwood
238
50
-79.0%
$253,000
$233,450
-7.7%
10
4
-60.0%
Candia
178
71
-60.1%
$205,000
$231,900
13.1%
7
5
-28.6%
Chester
71
58
-18.3%
$224,950
$343,530
52.7%
14
13
-7.1%
Danville
100
48
-52.0%
$220,000
$220,000
0.0%
9
7
-22.2%
Deerfield
168
61
-63.7%
$200,000
$290,750
45.4%
7
6
-14.3%
Derry
105
71
-32.4%
$202,380
$210,000
3.8%
69
78
13.0%
East Kingston
29
104
258.6%
$346,500
$242,000
-30.2%
1
5
400.0%
Epping
181
140
-22.7%
$200,000
$253,250
26.6%
27
22
-18.5%
Exeter
80
86
7.5%
$244,000
$252,000
3.3%
46
44
-4.3%
Fremont
93
64
-31.2%
$232,500
$235,000
1.1%
11
17
54.5%
Greenland
118
111
-5.9%
$451,100
$402,450
-10.8%
10
14
40.0%
Hampstead
77
83
7.8%
$231,000
$257,900
11.6%
18
19
5.6%
Hampton
93
113
21.5%
$267,250
$285,500
6.8%
54
60
11.1%
Hampton Falls
141
69
-51.1%
$370,000
$439,000
18.6%
9
5
-44.4%
Kensington
11
99
800.0%
$240,000
$350,000
45.8%
1
7
600.0%
Kingston
129
87
-32.6%
$256,000
$237,000
-7.4%
15
9
-40.0%
Londonderry
87
77
-11.5%
$251,000
$270,000
7.6%
52
61
17.3%
Town
16
New Hampshire Fine Homes First Quarter 2015 Market Review
County – Single Family ROCKINGHAM COUNTY SINGLE FAMILY - CONTINUED Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
New Castle
389
62
-84.1%
$750,000
$850,000
13.3%
2
3
50.0%
Newfields
126
70
-44.4%
$262,650
$269,900
2.8%
4
5
25.0%
Newington
98
0
-100.0%
$922,500
$0
-100.0%
2
0
-100.0%
Newmarket
63
121
92.1%
$232,250
$242,000
4.2%
26
25
-3.8%
Newton
98
51
-48.0%
$280,000
$238,500
-14.8%
15
8
-46.7%
North Hampton
246
120
-51.2%
$635,000
$379,450
-40.2%
12
10
-16.7%
Northwood
130
110
-15.4%
$184,950
$169,000
-8.6%
14
11
-21.4%
Nottingham
121
127
5.0%
$246,170
$305,000
23.9%
21
11
-47.6%
Plaistow
76
96
26.3%
$249,950
$221,000
-11.6%
14
24
71.4%
Portsmouth
79
63
-20.3%
$320,000
$340,000
6.3%
57
67
17.5%
Raymond
93
69
-25.8%
$208,000
$216,500
4.1%
19
24
26.3%
Rye
206
221
7.3%
$765,000
$550,000
-28.1%
13
7
-46.2%
Salem
76
74
-2.6%
$256,500
$252,550
-1.5%
62
80
29.0%
Sandown
113
67
-40.7%
$231,364
$247,050
6.8%
16
18
12.5%
Seabrook
101
75
-25.7%
$251,250
$314,000
25.0%
20
10
-50.0%
South Hampton
301
59
-80.4%
$585,000
$321,150
-45.1%
1
2
100.0%
Stratham
114
91
-20.2%
$392,750
$388,000
-1.2%
26
20
-23.1%
Windham
131
118
-9.9%
$335,000
$378,500
13.0%
47
50
6.4%
Rockingham County Average
107
87
-18.7%
$259,105
$265,000
2.3%
750
782
4.3%
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.
New Hampshire Fine Homes First Quarter 2015 Market Review
17
County – Single Family STRAFFORD COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Barrington
52
144
176.9%
$235,000
$267,000
13.6%
13
22
69.2%
Dover
86
79
-8.1%
$214,600
$219,000
2.1%
51
65
27.5%
Durham
163
106
-35.0%
$307,500
$315,000
2.4%
16
15
-6.3%
Farmington
81
53
-34.6%
$102,875
$88,750
-13.7%
10
8
-20.0%
Lee
106
121
14.2%
$191,000
$199,000
4.2%
8
5
-37.5%
Madbury
106
65
-38.7%
$325,000
$285,750
-12.1%
1
4
300.0%
Middleton
177
169
-4.5%
$140,000
$140,000
0.0%
5
3
-40.0%
Milton
122
113
-7.4%
$180,000
$121,000
-32.8%
7
8
14.3%
New Durham
242
258
6.6%
$225,000
$204,500
-9.1%
5
8
60.0%
Rochester
91
86
-5.5%
$129,500
$150,000
15.8%
53
74
39.6%
Rollinsford
257
99
-61.5%
$187,250
$173,000
-7.6%
2
5
150.0%
Somersworth
130
84
-35.4%
$144,500
$127,500
-11.8%
19
15
-21.1%
Strafford
25
82
228.0%
$300,000
$240,000
-20.0%
3
2
-33.3%
Strafford County Average
105
98
-6.7%
$180,000
$188,450
4.7%
193
234
21.2%
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.
18
New Hampshire Fine Homes First Quarter 2015 Market Review
County – Single Family SULLIVAN COUNTY SINGLE FAMILY Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Acworth
143
467
226.6%
$198,500
$660,000
232.5%
2
1
-50.0%
Charlestown
127
179
40.9%
$120,500
$100,000
-17.0%
8
6
-25.0%
Claremont
156
180
15.4%
$89,900
$102,500
14.0%
17
14
-17.6%
Cornish
94
52
-44.7%
$170,000
$337,500
98.5%
3
1
-66.7%
Croydon
61
212
247.5%
$110,000
$147,450
34.0%
2
2
0.0%
Goshen
204
87
-57.4%
$125,000
$135,000
8.0%
1
3
200.0%
Grantham
150
266
77.3%
$222,500
$210,000
-5.6%
10
15
50.0%
Langdon
100
0
-100.0%
$86,000
$0
-100.0%
3
0
-100.0%
Lempster
80
113
41.3%
$152,273
$114,000
-25.1%
1
2
100.0%
Newport
136
84
-38.2%
$24,900
$155,000
522.5%
11
11
0.0%
Plainfield
105
147
40.0%
$1,245,000
$228,750
-81.6%
1
4
300.0%
Springfield
94
60
-36.2%
$111,000
$175,000
57.7%
3
1
-66.7%
Sunapee
405
373
-7.9%
$218,000
$270,000
23.9%
6
6
0.0%
0
77
0.0%
$178,000
$75,000
-57.9%
1
1
0.0%
Washington
323
289
-10.5%
$60,114
$179,500
198.6%
3
2
-33.3%
Sullivan County Average
163
195
19.6%
$122,250
$155,000
26.8%
72
69
-4.2%
Town
Unity
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 2015 Market Review
19
Waterfront – Statewide Overview Owned Frontage Only 400
TRANSACTION VOLUME COMPARISON 371
400
Number of Transactions
325
371
325
323
288
286
285
323
250 241
288
286
285
228
250 241
175
228
175 100
100
128
117
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
128
117
Q4 2012
128
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2015 128
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
This chart represents the total number of closed transactions for single-family and condos with owned water frontage.
SALES VOLUME COMPARISON 175 $165
$164
175 145
Millions
$142
$165
$164
145 115 $142
$121
$137
$106
115
$99
$121
85 $106
85
55
$137
$99
55
$59 $41
25
Q4 2012
$55
$59
Q1 2013
Q2 2013
Q3 2013
Q4 2013
$55
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
$41 This chart shows the total dollar amount of all closed transactions for single-family and condos with owned water frontage.
25
20
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
New Hampshire Fine Homes First Quarter 2015 Market Review
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Waterfront – Statewide Overview Owned Frontage Only AVERAGE SALES PRICE
$462,844 $423,366
425 400
$431,059
$434,600
450
$4417,309
$441,190
475
$358,480
Sales Price
500
$483,119
$493,145
525
$507,939
550
375 350
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q4 2015
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 2015 Market Review
21
Price Bands – Statewide Overview YEAR OVER YEAR COMPARISON Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Under $500k
119
110
-7.6%
$188,000
$201,900
7.4%
2,537
2,687
5.9%
$500k - $750k
160
164
2.5%
$580,000
$550,000
-5.2%
120
123
2.5%
$750k - $1MM
166
195
17.5%
$765,000
$820,000
7.2%
50
46
-8.0%
$1MM - $1.25MM
365
158
-56.7%
$1,025,000
$982,500
-4.1%
7
10
42.9%
$1.25MM - $1.5MM
100
154
54.0%
$1,245,000
$1,109,000
-10.9%
7
10
42.9%
$1.5MM - $1.75MM
189
100
-47.1%
$1,450,000
$1,330,000
-8.3%
6
3
-50.0%
$1.75MM - $2MM
558
155
-72.2%
$1,500,000
$1,515,000
1.0%
3
2
-33.3%
$2MM - $2.5MM
321
79
-75.4%
$2,055,000
$2,000,000
-2.7%
2
3
50.0%
$2.5MM - $3MM
225
0
-100.0%
$2,279,000
$0
-100.0%
2
0
-100.0%
$3MM - $3.5MM
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
519
364
-29.9%
$2,946,250
$1,262,500
-57.1%
2
2
0.0%
County
Over $3.5MM
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.
Waterfront – County & Statewide Overview YEAR OVER YEAR COMPARISON Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
County
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Belknap
165
205
24.2%
$345,750
$305,000
-11.8%
52
52
0.0%
Carroll
226
181
-19.9%
$181,500
$255,000
40.5%
54
51
-5.6%
Cheshire
185
126
-31.9%
$176,250
$245,000
39.0%
12
10
-16.7%
Coos
176
207
17.6%
$85,000
$87,100
2.5%
5
4
-20.0%
Grafton
188
247
31.4%
$221,450
$231,250
4.4%
27
28
3.7%
Hillsborough
124
123
-0.8%
$221,900
$226,500
2.1%
29
22
-24.1%
Merrimack
125
170
36.0%
$189,500
$198,010
4.5%
8
24
200.0%
Rockingham
163
94
-42.3%
$348,500
$330,000
-5.3%
40
33
-17.5%
Strafford
113
131
15.9%
$398,500
$265,000
-33.5%
16
17
6.3%
Sullivan
140
176
25.7%
$198,250
$171,250
-13.6%
12
12
0.0%
State of NH Average
171
171
0.0%
$255,000
$245,000
-3.9%
255
253
-0.8%
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 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 2015 Market Review
Waterfront – By Waterbody Name YEAR OVER YEAR COMPARISON Q1-2014
Q1-2015
Q1-2014
Q1-2015
Q1-2014
Q1-2015
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Atlantic
467
70
-85.0%
$1,150,000
$186,200
-83.8%
2
1
-50.0%
Balch
137
59
-56.9%
$145,000
$160,000
10.3%
2
1
-50.0%
Bow
62
0
-100.0%
$830,000
$0
-100.0%
1
0
-100.0%
Conway
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Crystal
136
0
-100.0%
$325,000
$0
-100.0%
1
0
-100.0%
Great Bay
89
28
-68.5%
$360,000
$720,000
100.0%
3
1
-66.7%
Highland
0
195
0.0%
$0
$236,000
0.0%
0
4
0.0%
Mascoma
183
0
-100.0%
$235,000
$0
-100.0%
3
0
-100.0%
Merrymeeting
94
223
137.2%
$337,750
$265,000
-21.5%
2
3
50.0%
Newfound
454
202
-55.5%
$680,000
$153,250
-77.5%
3
4
33.3%
Northwood
63
0
-100.0%
$295,000
$0
-100.0%
1
0
-100.0%
Ossipee
278
114
-59.0%
$147,000
$252,500
71.8%
6
6
0.0%
Pawtuckaway
137
0
-100.0%
$425,000
$0
-100.0%
3
0
-100.0%
Pleasant
5
0
-100.0%
$370,000
$0
-100.0%
1
0
-100.0%
Spofford
17
0
-100.0%
$525,000
$0
-100.0%
1
0
-100.0%
Squam
170
178
4.7%
$377,050
$340,000
-9.8%
12
7
-41.7%
Sunapee
14
202
1342.9%
$226,000
$630,000
178.8%
1
5
400.0%
Wentworth
35
112
220.0%
$520,000
$558,500
7.4%
1
1
0.0%
Winnipesaukee
182
229
25.8%
$517,500
$384,000
-25.8%
40
49
22.5%
Winnisquam
167
60
-64.1%
$332,500
$210,000
-36.8%
11
3
-72.7%
Waukewan
100
42
-58.0%
$600,000
$465,000
-22.5%
1
1
0.0%
Statewide
171
171
0.0%
$255,000
$245,000
-3.9%
255
253
-0.8%
Waterbody
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 2015 Market Review
23
Lake Winnipesaukee Waterfront Homes TRANSACTION VOLUME
Number of Transactions
150 150
130 130
125 125
117 117
100 100
75 75
50 50
25 25
91 91
85 85
103 103
98 98 86 86
46 46
49 49
40 40
Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015
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
Millions
62 62
49 49
$69 $69
$69 $69
$51 $51
$51 $51
$51 $51
$50 $50
$56 $56
36 36
23 23
10 10
$21 $21
$25 $25
$24 $24
Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015
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 2015 Market Review
Lake Winnipesaukee Waterfront Homes
$501,018 $501,018
$548,887 $548,887
$592,364 $592,364
$602,964 $602,964
$517,500 $517,500
$516,773 $516,773
$384,000 $384,000
$335,000 $335,000
$350,000 $350,000
$310,150 $310,150
$330,350 $330,350
$330,000 $330,000
Median Sales Price Median Sales Price
$307,500 $307,500
380 380
Average Sales Price Average Sales Price
$384,000 $384,000
460 460
$535,478 $535,478
$562,501 $562,501 $459,211 $459,211
540 540
$65,000 $65,000
Sales Price
620 620
$611,491 $611,491
700 700
$648,581 $648,581
AVERAGE AND MEDIAN SALES PRICE
300 300 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 Q2Q2 2014 Q3Q3 2014 Q4Q4 2014 Q1Q1 2015 Q4Q4 2012 2013 2013 2013 2013 2014 2014 2014 2014 2015 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 275 275
250 250
245 245 229 229
Days
225 225
200 200
183 183
177 177
182 182 171 171
175 175 168 168
150 150
170 170
149 149
162 162
125 125 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q4Q4 2013 Q1Q1 2014 Q2Q2 2014 Q3Q3 2014 Q4Q4 2014 Q1Q1 2015 Q4Q4 2012 2013 2013 2013 2013 2014 2014 2014 2014 2015
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 2015 Market Review
25
$242
235 $221
220
Lake Winnipesaukee Waterfront Homes Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
SALES PRICE VS. LIST PRICE COMPARISON 100
95 91%
Percentage
90%
90%
90 87%
85
88%
88%
88%
87%
84% 82%
80
75
70
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
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 2015 Market Review
Lake Winnipesaukee Waterfront Homes AVERAGE PRICE PER SQUARE FOOT 325
$318
$320
310
$314
$312
$302
295
Dollars
$292
280
$284 $267
265 250 $242
235 $221
220
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
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 $1,040 90 1000 85 900
80080
91%
90%
87% 84%
$840
88%
88%
90%
88% $934
87%
$876
$835
82%
$834 $755
700 75 600
$590
$574 70 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 500 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 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 2015 Market Review
27
Link Moser
Diane Davidson
NHFineHomes.com | 603-232-8282
Bill Weidacher