NEW HAMPSHIRE REAL ESTATE
Third Quarter 2013 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 Third Quarter 2013 Market Review
By all accounts, New Hampshire’s residential real estate market continues to improve. Each metric tracked in this quarterly report showed a positive gain. The number of transactions in the third quarter of 2013 jumped 21% from the third quarter of 2012, vaulting to the highest number of quarterly sales in at least two and a half years. The average sales price increased by 8.6% for the same period, representing the second quarter in a row of rising prices. The average number of days a home sat on the market dropped by eight days, and the sales-to-list price ratio increased to its highest value in ten quarters. All but one county (Coos) saw an increase in median sales prices. These data points suggest that, despite an increase in borrowing costs, New Hampshire’s housing market is improving. The waterfront homes segment of the New Hampshire real estate market was also strong in the third quarter of 2013. We saw the highest number of quarterly sales for owned waterfront homes in two and a half years, which is a strong indication that the secondary home market remains strong, too. The number of days on market for waterfront homes decreased by 10% and median sales prices increased by 2.2% for all waterfront properties (this includes homes with shared waterfront and right of ways in addition to owned). Lake Winnipesaukee waterfront sales followed the above trends with the highest number of transactions in the ten-quarter period of this review. The area’s 130 transactions in the third quarter represent a 46% increase in number of sales as compared to Q3-2012. The median sales price decreased during this time period by 5.7%, and days on market increased by twenty days. This divergence from general market trends may be due to some particularly large single property sales in 2012 skewing the numbers or the possibility that the higher priced, waterfront home segment has stabilized temporarily. Overall, the data indicates that the housing market is working closer to being a balanced market, and sellers sitting on the sidelines should be encouraged. Rising home values help home owners with negative equity get closer to a point where they can sell their homes. For buyers, rising home values should restore confidence in the marketplace and encourage those who were afraid to buy in a down market to feel that they can lock in close to the bottom and experience some positive price appreciation in the coming years. I continue to enjoy working with New Hampshire’s home buyers and sellers to achieve their goals. If you or someone you know are considering selling or buying and would like to learn more about the market conditions in your area, give me a call today and I’d be glad to help you. 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 Third Quarter 2013 Market Review
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Statewide Overview TRANSACTION VOLUME COMPARISON 6000 6000
Number of Transactions
5,513 5,513
5000 5000 4,397 4,397
4000 4000
4,769 4,769
4,530 4,530 4,042 4,042
3,919 3,919 3,624 3,624 3,309 3,309
3000 3000
3,005 3,005 2,640 2,640
2000 2000
1000 1000
00
Q2Q2 2011 2011 2011 2012 2012 2012 2012 2013 2013 2013 2011 Q3Q3 2011 Q4Q4 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013
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
$1,064 $1,064 $971 $971
900 900
$925 $925 $863 $863
700 700
$744 $744 $639 $639 $561 $561
500 500 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 This chart shows the total dollar amount of all closed transactions for single-family and condos.
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New Hampshire Fine Homes Third Quarter 2013 Market Review
Statewide Overview
$220,000 $220,000
$209,900 $209,900
$212,924 $212,924
$2343,391 $2343,391
$255,288 $255,288
$240,231 $240,231
$234,922 $234,922
$212,546 $212,546
$197,000 $197,000
$185,000 $185,000
188 188
$194,450 $194,450
196 196
$192,500 $192,500
204 204
$185,050 $185,050
212 212
$198,000 $198,000
220 220
$180,000 $180,000
228 228
$195,875 $195,875
Sales Price
236 236
Average Sales Price Average Sales Price Median Sales Price Median Sales Price
$224,851 $224,851
244 244
$236,176 $236,176
252 252
$238,208 $238,208
260 260
$235,078 $235,078
AVERAGE AND MEDIAN SALES PRICE
180 180 Q2Q2 2011 2011 2011 2012 2012 2012 2012 2013 2013 2013 2011 Q3Q3 2011 Q4Q4 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 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
140 140
Days
134 134 128 130 130 128
124 124
120 120
125 125
120 120 117 117
110 110
112 112 108 108 100 100
100 100 Q2Q2 2011 2011 2011 2012 2012 2012 2012 2013 2013 2013 2011 Q3Q3 2011 Q4Q4 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 This chart shows the average number of days a property was on the market before an offer was accepted.
New Hampshire Fine Homes Third Quarter 2013 Market Review
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Statewide Overview AVERAGE PRICE PER SQUARE FOOT 200 190
Dollars
180 170 160 $147
150 $139
140
$134
$133
$132
$135
$138
$138
$124
130 $124
120
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
This chart represents the average price per square foot that a property sold for.
100 89.8%
89.8%
87.6%
87.2%
90.3%
91.0%
90.2%
90.7%
92.9%
93.5%
85
70
55
40
25
6
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
New Hampshire Fine Homes Third Quarter 2013 Market Review
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
140
$134
$135
$133
$132
$124
130 $124
120
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Statewide Overview Q4 2012
Q1 2013
Q2 2013
Q3 2013
SALES PRICE VS. LIST PRICE COMPARISON 100 89.8%
89.8%
87.6%
87.2%
90.3%
91.0%
90.2%
90.7%
92.9%
93.5%
Percentage
85
70
55
40
25
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
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 Third Quarter 2013 Market Review
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County & State Summary – Single Family COUNTY & STATE SUMMARY SINGLE FAMILY Q3-2012
Q3-2013
County
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Belknap
145
149
2.8%
$170,000
$185,000
8.8%
267
349
30.7%
Carroll
152
142
-6.6%
$170,000
$185,000
8.8%
285
354
24.2%
Cheshire
126
112
-11.1%
$145,000
$159,950
10.3%
212
237
11.8%
Coos
209
176
-15.8%
$98,000
$86,350
-11.9%
101
102
1.0%
Grafton
167
154
-7.8%
$160,000
$171,000
6.9%
309
411
33.0%
Hillsborough
83
69
-16.9%
$200,000
$227,500
13.8%
1,226
1,481
20.8%
Merrimack
125
98
-21.6%
$180,500
$199,900
10.7%
454
547
20.5%
Rockingham
111
88
-20.7%
$249,450
$260,000
4.2%
1,194
1,468
22.9%
Strafford
108
85
-21.3%
$185,250
$207,500
12.0%
354
426
20.3%
Sullivan
141
149
5.7%
$140,750
$150,750
7.1%
128
138
7.8%
State of NH Average
117
100
-14.5%
$197,000
$220,000
11.7%
4,530
5,513
21.7%
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 Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Town
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alton
111
134
20.7%
$214,000
$231,500
8.2%
31
38
22.6%
Barnstead
169
75
-55.6%
$112,875
$175,000
55.0%
21
25
19.0%
Belmont
161
110
-31.7%
$120,000
$133,500
11.3%
24
31
29.2%
Center Harbor
302
341
12.9%
$272,500
$289,500
6.2%
4
8
100.0%
Gilford
135
189
40.0%
$169,500
$232,500
37.2%
39
60
53.8%
Gilmanton
112
224
100.0%
$150,000
$185,000
23.3%
17
17
0.0%
Laconia
142
149
4.9%
$158,500
$159,900
0.9%
72
101
40.3%
Meredith
191
124
-35.1%
$350,000
$302,500
-13.6%
29
30
3.4%
New Hampton
139
144
3.6%
$184,000
$219,000
19.0%
11
11
0.0%
Sanbornton
116
138
19.0%
$205,500
$198,000
-3.6%
12
15
25.0%
Tilton
127
95
-25.2%
$112,000
$129,000
15.2%
7
13
85.7%
Belknap County Average
145
149
2.8%
$170,000
$185,000
8.8%
267
349
30.7%
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 Third Quarter 2013 Market Review
County – Single Family CARROLL COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Albany
58
45
-22.4%
$176,000
$152,750
-13.2%
6
6
0.0%
Bartlett
157
119
-24.2%
$150,000
$162,500
8.3%
25
37
48.0%
Brookfield
259
165
-36.3%
$268,000
$225,000
-16.0%
3
5
66.7%
Chatham
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Conway
123
111
-9.8%
$164,000
$174,000
6.1%
54
58
7.4%
0
21
0.0%
$0
$267,000
0.0%
0
1
0.0%
Effingham
143
82
-42.7%
$100,000
$111,000
11.0%
9
5
-44.4%
Freedom
160
142
-11.3%
$182,000
$138,450
-23.9%
11
22
100.0%
Hales Location
97
0
-100.0%
$622,500
$0
-100.0%
2
0
-100.0%
Harts Location
272
112
-58.8%
$2,632,500
$335,000
-87.3%
1
1
0.0%
Jackson
107
75
-29.9%
$276,500
$197,500
-28.6%
10
6
-40.0%
Madison
151
174
15.2%
$186,890
$158,250
-15.3%
20
24
20.0%
Moultonborough
185
204
10.3%
$259,000
$314,900
21.6%
34
53
55.9%
Ossipee
141
103
-27.0%
$120,000
$130,500
8.8%
22
20
-9.1%
Sandwich
268
98
-63.4%
$295,000
$278,000
-5.8%
3
5
66.7%
Tamworth
168
120
-28.6%
$95,500
$108,000
13.1%
14
10
-28.6%
Tuftonboro
165
191
15.8%
$248,000
$330,000
33.1%
11
23
109.1%
Wakefield
123
111
-9.8%
$138,250
$169,900
22.9%
30
36
20.0%
Wolfeboro
198
167
-15.7%
$296,410
$219,000
-26.1%
30
41
36.7%
Carroll County Average
152
142
-6.6%
$170,000
$185,000
8.8%
285
354
24.2%
Town
Eaton
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 Third Quarter 2013 Market Review
9
County – Single Family CHESHIRE COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alstead
43
149
246.5%
$146,000
$67,000
-54.1%
2
5
150.0%
Chesterfield
90
160
77.8%
$200,000
$234,101
17.1%
9
12
33.3%
Dublin
50
82
64.0%
$717,500
$312,500
-56.4%
4
6
50.0%
Fitzwilliam
190
64
-66.3%
$152,250
$140,000
-8.0%
12
13
8.3%
Gilsum
164
24
-85.4%
$114,750
$20,000
-82.6%
2
1
-50.0%
Harrisville
38
117
207.9%
$225,000
$170,500
-24.2%
1
1
0.0%
Hinsdale
154
89
-42.2%
$116,500
$123,000
5.6%
11
7
-36.4%
Jaffrey
111
179
61.3%
$130,000
$162,000
24.6%
21
25
19.0%
Keene
91
84
-7.7%
$156,900
$159,500
1.7%
71
69
-2.8%
Marlborough
0
186
0.0%
$0
$172,250
0.0%
0
4
0.0%
Marlow
504
140
-72.2%
$113,000
$127,500
12.8%
2
3
50.0%
Nelson
21
83
295.2%
$950,000
$200,000
-78.9%
1
1
0.0%
Richmond
109
67
-38.5%
$129,500
$90,125
-30.4%
6
4
-33.3%
Rindge
151
174
15.2%
$172,500
$187,000
8.4%
20
14
-30.0%
Roxbury
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Stoddard
340
201
-40.9%
$137,150
$180,000
31.2%
2
11
450.0%
Sullivan
497
80
-83.9%
$219,900
$123,000
-44.1%
1
1
0.0%
Surry
160
143
-10.6%
$250,000
$158,475
-36.6%
3
2
-33.3%
Swanzey
140
71
-49.3%
$141,000
$151,820
7.7%
19
30
57.9%
Troy
80
156
95.0%
$118,900
$108,000
-9.2%
7
6
-14.3%
Walpole
139
73
-47.5%
$143,500
$212,000
47.7%
6
11
83.3%
Westmoreland
44
108
145.5%
$230,000
$191,500
-16.7%
4
4
0.0%
Winchester
230
111
-51.7%
$89,450
$125,000
39.7%
8
7
-12.5%
Cheshire County Average
126
112
-11.1%
$145,000
$159,950
10.3%
212
237
11.8%
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 Third Quarter 2013 Market Review
County – Single Family COOS COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Town
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Berlin
274
168
-38.7%
$78,250
$61,300
-21.7%
26
17
-34.6%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
133
145
9.0%
$230,000
$232,500
1.1%
3
6
100.0%
Clarksville
0
192
0.0%
$0
$63,000
0.0%
0
4
0.0%
Colebrook
78
264
238.5%
$91,000
$105,000
15.4%
11
3
-72.7%
Columbia
159
84
-47.2%
$112,500
$35,001
-68.9%
2
5
150.0%
Dalton
211
83
-60.7%
$129,000
$173,500
34.5%
4
4
0.0%
Dixville
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Dummer
126
0
-100.0%
$93,250
$0
-100.0%
2
0
-100.0%
Errol
88
83
-5.7%
$600,000
$155,000
-74.2%
1
2
100.0%
Gorham
295
170
-42.4%
$113,000
$87,500
-22.6%
7
8
14.3%
Jefferson
386
259
-32.9%
$294,000
$199,450
-32.2%
1
2
100.0%
Lancaster
116
111
-4.3%
$149,500
$81,100
-45.8%
10
10
0.0%
Milan
254
321
26.4%
$140,000
$57,500
-58.9%
4
6
50.0%
Northumberland
160
213
33.1%
$29,500
$64,750
119.5%
6
8
33.3%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Pittsburg
381
275
-27.8%
$113,750
$110,000
-3.3%
8
11
37.5%
Randolph
0
81
0.0%
$0
$240,000
0.0%
0
4
0.0%
Shelburne
0
201
0.0%
$0
$203,500
0.0%
0
2
0.0%
Stark
15
0
-100.0%
$111,750
$0
-100.0%
2
0
-100.0%
Stewartstown
236
139
-41.1%
$65,000
$58,500
-10.0%
6
6
0.0%
Stratford
168
224
33.3%
$185,000
$36,950
-80.0%
1
2
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
135
41
-69.6%
$88,500
$234,750
165.3%
7
2
-71.4%
Coos County Average
209
176
-15.8%
$98,000
$86,350
-11.9%
101
102
1.0%
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 Third Quarter 2013 Market Review
11
County – Single Family GRAFTON COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Alexandria
72
68
-5.6%
$86,500
$175,000
102.3%
6
7
16.7%
Ashland
121
190
57.0%
$128,000
$140,000
9.4%
9
15
66.7%
Bath
109
80
-26.6%
$133,000
$159,500
19.9%
4
1
-75.0%
Benton
18
71
294.4%
$42,500
$81,250
91.2%
1
2
100.0%
Bethlehem
178
46
-74.2%
$129,950
$134,000
3.1%
10
13
30.0%
Bridgewater
127
175
37.8%
$257,500
$375,000
45.6%
6
11
83.3%
Bristol
169
88
-47.9%
$129,000
$157,000
21.7%
17
18
5.9%
Campton
124
186
50.0%
$128,250
$126,750
-1.2%
18
28
55.6%
Canaan
97
139
43.3%
$135,000
$158,250
17.2%
13
10
-23.1%
Dorchester
72
25
-65.3%
$101,250
$127,425
25.9%
2
2
0.0%
Easton
91
45
-50.5%
$340,000
$265,000
-22.1%
1
2
100.0%
Ellsworth
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Enfield
128
103
-19.5%
$197,600
$215,000
8.8%
19
19
0.0%
Franconia
144
632
338.9%
$129,000
$265,500
105.8%
9
6
-33.3%
Grafton
117
87
-25.6%
$28,000
$73,000
160.7%
5
4
-20.0%
Groton
219
69
-68.5%
$86,000
$106,000
23.3%
2
2
0.0%
Hanover
113
83
-26.5%
$450,000
$543,000
20.7%
31
36
16.1%
Haverhill
102
72
-29.4%
$111,200
$119,494
7.5%
12
8
-33.3%
Hebron
147
225
53.1%
$229,900
$184,000
-20.0%
5
3
-40.0%
Holderness
96
209
117.7%
$328,000
$309,500
-5.6%
3
6
100.0%
Town
12
New Hampshire Fine Homes Third Quarter 2013 Market Review
County – Single Family GRAFTON COUNTY SINGLE FAMILY - CONTINUED Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Landaff
133
175
31.6%
$187,500
$130,100
-30.6%
2
3
50.0%
Lebanon
106
85
-19.8%
$196,000
$193,750
-1.1%
22
56
154.5%
Lincoln
332
254
-23.5%
$143,500
$161,450
12.5%
28
38
35.7%
Lisbon
68
118
73.5%
$88,500
$30,500
-65.5%
3
5
66.7%
Littleton
148
155
4.7%
$115,450
$108,500
-6.0%
18
16
-11.1%
0
19
0.0%
$0
$52,000
0.0%
0
3
0.0%
Lyme
200
183
-8.5%
$485,500
$255,000
-47.5%
2
3
50.0%
Monroe
188
207
10.1%
$159,450
$240,000
50.5%
4
1
-75.0%
Orange
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Orford
77
50
-35.1%
$170,000
$156,000
-8.2%
3
5
66.7%
Piermont
58
31
-46.6%
$100,000
$108,000
8.0%
2
3
50.0%
Plymouth
157
100
-36.3%
$137,500
$145,250
5.6%
7
12
71.4%
Rumney
239
281
17.6%
$149,950
$158,000
5.4%
6
3
-50.0%
Sugar Hill
151
437
189.4%
$317,500
$493,500
55.4%
4
2
-50.0%
Thornton
279
166
-40.5%
$209,750
$217,500
3.7%
12
16
33.3%
Warren
302
179
-40.7%
$55,000
$118,000
114.5%
3
9
200.0%
Waterville Valley
437
148
-66.1%
$152,000
$226,450
49.0%
9
24
166.7%
Wentworth
327
373
14.1%
$118,900
$89,000
-25.1%
1
5
400.0%
Woodstock
216
397
83.8%
$138,750
$98,000
-29.4%
10
14
40.0%
Grafton County Average
167
154
-7.8%
$160,000
$171,000
6.9%
309
411
33.0%
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 Third Quarter 2013 Market Review
13
County – Single Family HILLSBOROUGH COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Amherst
106
70
-34.0%
$274,975
$278,750
1.4%
42
62
47.6%
Antrim
67
68
1.5%
$97,500
$175,000
79.5%
9
7
-22.2%
Bedford
78
62
-20.5%
$365,000
$398,250
9.1%
92
112
21.7%
Bennington
55
53
-3.6%
$70,500
$57,500
-18.4%
4
6
50.0%
Brookline
147
92
-37.4%
$284,600
$296,648
4.2%
16
41
156.3%
Deering
177
56
-68.4%
$140,000
$192,450
37.5%
7
10
42.9%
Francestown
142
65
-54.2%
$258,925
$122,890
-52.5%
8
5
-37.5%
Goffstown
64
60
-6.3%
$191,525
$184,900
-3.5%
55
63
14.5%
Greenfield
94
158
68.1%
$175,000
$143,500
-18.0%
5
4
-20.0%
Greenville
99
25
-74.7%
$95,100
$85,050
-10.6%
7
2
-71.4%
Hancock
446
201
-54.9%
$265,000
$431,000
62.6%
5
5
0.0%
Hillsborough
119
128
7.6%
$59,000
$132,000
123.7%
29
25
-13.8%
Hollis
75
86
14.7%
$400,000
$387,250
-3.2%
29
42
44.8%
Hudson
68
73
7.4%
$222,750
$255,000
14.5%
68
114
67.6%
Litchfield
135
127
-5.9%
$235,000
$258,000
9.8%
30
38
26.7%
Lyndeborough
86
54
-37.2%
$152,000
$239,000
57.2%
7
7
0.0%
Manchester
65
61
-6.2%
$163,250
$175,000
7.2%
238
321
34.9%
Mason
108
23
-78.7%
$200,000
$285,000
42.5%
8
3
-62.5%
Merrimack
68
44
-35.3%
$204,000
$225,000
10.3%
131
117
-10.7%
Milford
91
94
3.3%
$197,000
$214,900
9.1%
51
47
-7.8%
Mont Vernon
87
100
14.9%
$229,000
$244,000
6.6%
9
9
0.0%
Nashua
79
52
-34.2%
$197,500
$228,000
15.4%
235
274
16.6%
New Boston
88
85
-3.4%
$218,000
$270,187
23.9%
17
22
29.4%
New Ipswich
63
81
28.6%
$176,450
$184,000
4.3%
16
11
-31.3%
Pelham
84
69
-17.9%
$283,000
$307,200
8.6%
36
55
52.8%
Peterborough
147
131
-10.9%
$175,000
$174,450
-0.3%
21
20
-4.8%
Sharon
74
150
102.7%
$408,250
$120,000
-70.6%
2
3
50.0%
Temple
25
248
892.0%
$230,000
$252,500
9.8%
2
2
0.0%
Weare
92
78
-15.2%
$181,000
$192,500
6.4%
38
34
-10.5%
Wilton
152
90
-40.8%
$174,000
$215,000
23.6%
9
18
100.0%
Windsor
0
145
0.0%
$0
$42,000
0.0%
0
1
0.0%
Hillsborough County Average
83
69
-16.9%
$200,000
$227,500
13.8%
1,226
1,481
20.8%
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 Third Quarter 2013 Market Review
County – Single Family MERRIMACK COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Allenstown
181
125
-30.9%
$134,900
$142,000
5.3%
3
15
400.0%
Andover
125
222
77.6%
$159,000
$137,450
-13.6%
13
12
-7.7%
Boscawen
87
59
-32.2%
$155,000
$184,400
19.0%
13
7
-46.2%
Bow
137
73
-46.7%
$320,500
$273,400
-14.7%
26
39
50.0%
Bradford
209
305
45.9%
$213,000
$212,000
-0.5%
5
4
-20.0%
Canterbury
123
92
-25.2%
$232,500
$227,000
-2.4%
11
9
-18.2%
Chichester
82
98
19.5%
$202,500
$215,000
6.2%
4
6
50.0%
Concord
92
94
2.2%
$179,950
$200,000
11.1%
102
117
14.7%
Danbury
388
58
-85.1%
$80,000
$114,950
43.7%
5
6
20.0%
Dunbarton
93
55
-40.9%
$289,000
$299,350
3.6%
7
8
14.3%
Epsom
153
68
-55.6%
$166,100
$221,500
33.4%
13
22
69.2%
Franklin
128
123
-3.9%
$91,400
$139,950
53.1%
26
32
23.1%
Henniker
163
200
22.7%
$162,000
$199,950
23.4%
13
12
-7.7%
Hill
249
73
-70.7%
$82,049
$132,900
62.0%
6
3
-50.0%
Hooksett
65
55
-15.4%
$206,000
$234,000
13.6%
45
59
31.1%
Hopkinton
136
78
-42.6%
$210,000
$237,450
13.1%
15
22
46.7%
Loudon
71
112
57.7%
$179,900
$203,950
13.4%
17
18
5.9%
New London
192
128
-33.3%
$301,500
$340,000
12.8%
26
31
19.2%
Newbury
95
60
-36.8%
$257,500
$245,000
-4.9%
12
21
75.0%
Northfield
86
63
-26.7%
$136,000
$141,000
3.7%
17
20
17.6%
Pembroke
77
77
0.0%
$177,000
$164,950
-6.8%
19
22
15.8%
Pittsfield
180
104
-42.2%
$133,700
$134,000
0.2%
16
13
-18.8%
Salisbury
250
206
-17.6%
$164,000
$124,700
-24.0%
5
6
20.0%
Sutton
206
147
-28.6%
$220,000
$295,000
34.1%
12
11
-8.3%
Warner
155
109
-29.7%
$190,000
$83,900
-55.8%
10
11
10.0%
Webster
157
97
-38.2%
$242,000
$165,000
-31.8%
3
10
233.3%
Wilmot
246
181
-26.4%
$177,000
$247,500
39.8%
10
11
10.0%
Merrimack County Average
125
98
-21.6%
$180,500
$199,900
10.7%
454
547
20.5%
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 Third Quarter 2013 Market Review
15
County – Single Family ROCKINGHAM COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Atkinson
96
96
0.0%
$237,450
$252,250
6.2%
20
32
60.0%
Auburn
106
53
-50.0%
$344,900
$276,500
-19.8%
21
29
38.1%
Brentwood
112
199
77.7%
$287,140
$249,900
-13.0%
16
17
6.3%
Candia
90
46
-48.9%
$189,750
$212,000
11.7%
14
15
7.1%
Chester
56
93
66.1%
$239,900
$273,450
14.0%
15
24
60.0%
Danville
145
43
-70.3%
$192,500
$239,900
24.6%
10
15
50.0%
Deerfield
210
175
-16.7%
$185,570
$249,900
34.7%
17
15
-11.8%
Derry
80
66
-17.5%
$172,000
$205,000
19.2%
115
127
10.4%
East Kingston
147
74
-49.7%
$304,500
$289,000
-5.1%
10
14
40.0%
Epping
94
92
-2.1%
$233,500
$258,450
10.7%
26
36
38.5%
Exeter
103
72
-30.1%
$269,500
$256,000
-5.0%
63
66
4.8%
Fremont
231
114
-50.6%
$186,950
$209,911
12.3%
16
37
131.3%
Greenland
74
117
58.1%
$354,500
$342,000
-3.5%
18
29
61.1%
Hampstead
118
77
-34.7%
$218,000
$263,450
20.8%
37
50
35.1%
Hampton
112
127
13.4%
$255,000
$249,900
-2.0%
111
127
14.4%
Hampton Falls
180
117
-35.0%
$322,000
$389,000
20.8%
9
11
22.2%
Kensington
244
121
-50.4%
$350,000
$318,500
-9.0%
5
14
180.0%
Kingston
167
97
-41.9%
$236,000
$224,950
-4.7%
18
30
66.7%
Londonderry
94
67
-28.7%
$233,650
$250,950
7.4%
87
126
44.8%
Town
16
New Hampshire Fine Homes Third Quarter 2013 Market Review
County – Single Family ROCKINGHAM COUNTY SINGLE FAMILY - CONTINUED Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
New Castle
254
101
-60.2%
$893,000
$990,000
10.9%
9
3
-66.7%
Newfields
80
227
183.8%
$439,900
$457,450
4.0%
11
6
-45.5%
Newington
0
130
0.0%
$0
$529,000
0.0%
0
1
0.0%
Newmarket
119
57
-52.1%
$220,000
$242,000
10.0%
34
45
32.4%
Newton
158
127
-19.6%
$247,596
$253,000
2.2%
24
23
-4.2%
North Hampton
82
109
32.9%
$435,000
$382,500
-12.1%
16
24
50.0%
Northwood
125
55
-56.0%
$188,000
$187,100
-0.5%
15
24
60.0%
Nottingham
92
76
-17.4%
$263,000
$272,000
3.4%
15
23
53.3%
Plaistow
113
51
-54.9%
$165,225
$200,000
21.0%
22
33
50.0%
Portsmouth
91
55
-39.6%
$305,000
$332,500
9.0%
99
100
1.0%
Raymond
158
105
-33.5%
$184,000
$189,000
2.7%
34
61
79.4%
Rye
79
91
15.2%
$502,500
$730,000
45.3%
21
31
47.6%
Salem
94
66
-29.8%
$249,000
$263,000
5.6%
91
119
30.8%
Sandown
86
185
115.1%
$238,200
$232,450
-2.4%
20
30
50.0%
Seabrook
119
131
10.1%
$290,000
$249,900
-13.8%
20
19
-5.0%
South Hampton
165
250
51.5%
$226,375
$382,500
69.0%
2
2
0.0%
Stratham
113
82
-27.4%
$355,000
$380,000
7.0%
43
45
4.7%
Windham
138
91
-34.1%
$351,500
$417,500
18.8%
99
76
-23.2%
Rockingham County Average
111
88
-20.7%
$249,450
$260,000
4.2%
1,194
1,468
22.9%
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 Third Quarter 2013 Market Review
17
County – Single Family STRAFFORD COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Barrington
113
83
-26.5%
$219,100
$225,000
2.7%
20
40
100.0%
Dover
92
78
-15.2%
$249,900
$246,475
-1.4%
111
122
9.9%
Durham
78
75
-3.8%
$284,000
$286,500
0.9%
23
34
47.8%
Farmington
156
120
-23.1%
$122,300
$125,000
2.2%
16
25
56.3%
Lee
67
97
44.8%
$271,000
$234,000
-13.7%
9
21
133.3%
Madbury
82
54
-34.1%
$275,000
$317,096
15.3%
11
9
-18.2%
Middleton
96
46
-52.1%
$125,250
$200,000
59.7%
13
5
-61.5%
Milton
147
126
-14.3%
$158,500
$117,000
-26.2%
20
17
-15.0%
New Durham
160
50
-68.8%
$151,000
$235,000
55.6%
22
9
-59.1%
Rochester
132
85
-35.6%
$145,000
$147,000
1.4%
57
89
56.1%
Rollinsford
44
83
88.6%
$170,900
$165,500
-3.2%
5
8
60.0%
Somersworth
107
84
-21.5%
$140,500
$160,500
14.2%
30
32
6.7%
Strafford
82
93
13.4%
$270,000
$245,000
-9.3%
17
15
-11.8%
Strafford County Average
108
85
-21.3%
$185,250
$207,500
12.0%
354
426
20.3%
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.
18
New Hampshire Fine Homes Third Quarter 2013 Market Review
County – Single Family SULLIVAN COUNTY SINGLE FAMILY Q3-2012
Q3-2013
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Acworth
311
131
-57.9%
$70,000
$141,000
101.4%
3
3
0.0%
Charlestown
66
64
-3.0%
$87,000
$92,500
6.3%
9
4
-55.6%
Claremont
135
125
-7.4%
$101,950
$79,900
-21.6%
24
35
45.8%
Cornish
93
177
90.3%
$492,500
$156,250
-68.3%
2
8
300.0%
Croydon
150
0
-100.0%
$222,500
$0
-100.0%
2
0
-100.0%
Goshen
423
489
15.6%
$88,900
$146,000
64.2%
1
1
0.0%
Grantham
137
178
29.9%
$235,700
$222,500
-5.6%
22
27
22.7%
Langdon
101
156
54.5%
$168,500
$180,000
6.8%
3
1
-66.7%
Lempster
88
34
-61.4%
$50,199
$113,950
127.0%
5
6
20.0%
Newport
129
96
-25.6%
$103,500
$153,500
48.3%
18
16
-11.1%
Plainfield
45
6
-86.7%
$297,500
$380,000
27.7%
4
1
-75.0%
Springfield
144
110
-23.6%
$218,750
$182,500
-16.6%
6
6
0.0%
Sunapee
220
222
0.9%
$247,500
$241,250
-2.5%
20
20
0.0%
Unity
107
134
25.2%
$112,000
$285,000
154.5%
3
3
0.0%
Washington
97
212
118.6%
$117,600
$156,400
33.0%
6
7
16.7%
Sullivan County Average
141
149
5.7%
$140,750
$150,750
7.1%
128
138
7.8%
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 Third Quarter 2013 Market Review
19
Waterfront – Statewide Overview Owned Frontage Only 400
TRANSACTION VOLUME COMPARISON 371
400
Number of Transactions
325
371 289
325
288 268
250
255
289
241
288 268
250
203
189
175
100
241
203
189
175
255
132 117
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
132
100
117
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
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
$125
$124
$125
$96
$118
$142 $106
$124
85
$165
$118
$88 $106 $96
85
55
$88
55
$56 $41
25
$56
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
$41 This chart shows the total dollar amount of all closed transactions for single-family and condos with owned water frontage.
25
20
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
New Hampshire Fine Homes Third Quarter 2013 Market Review
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
Waterfront – Statewide Overview Owned Frontage Only
$4417,309
$441,190
500 475
$441,435
$358,480
400
$431,252
425
$437,797
450 $433,196
Sales Price
$493,145
525
$488,576
550
$508,086
AVERAGE SALES PRICE
375 350
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
This chart plots the average sales price of all single family and condo sales state wide with owned water frontage.
New Hampshire Fine Homes Third Quarter 2013 Market Review
21
Waterfront – Statewide Overview County Summary QUARTER OVER QUARTER COMPARISON Q3-2012
Q3-2013
County
Q3-2012
Q3-2013
Q3-2012
Q3-2013
Days on Market
Days on Market
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
Belknap
150
156
4.0%
$245,000
$224,500
-8.4%
118
160
35.6%
Carroll
159
165
3.8%
$223,500
$302,500
35.3%
96
122
27.1%
Cheshire
200
161
-19.5%
$202,500
$208,500
3.0%
24
36
50.0%
Coos
187
256
36.9%
$170,000
$117,000
-31.2%
8
13
62.5%
Grafton
182
189
3.8%
$216,250
$216,000
-0.1%
48
62
29.2%
Hillsborough
127
64
-49.6%
$169,100
$199,000
17.7%
38
33
-13.2%
Merrimack
208
145
-30.3%
$200,000
$255,500
27.8%
29
60
106.9%
Rockingham
152
92
-39.5%
$266,275
$289,900
8.9%
82
91
11.0%
Strafford
169
111
-34.3%
$268,900
$282,250
5.0%
48
44
-8.3%
Sullivan
235
217
-7.7%
$250,000
$222,500
-11.0%
27
34
25.9%
State of NH Average
166
149
-10.2%
$232,750
$237,900
2.2%
518
655
26.4%
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 Third Quarter 2013 Market Review
Waterfront – By Waterbody Name QUARTER OVER QUARTER COMPARISON Q3-2012
Q3-2013
Q3-2012
Q3-2013
% Change
Median Sales Price
Median Sales Price
% Change
Sales
Sales
% Change
167
-11.6%
$267,500
$1,200,000
348.6%
2
3
50.0%
0
0
0.0%
$0
$0
0.0%
0
0
0.0%
Crystal
203
86
-57.6%
$265,000
$407,000
53.6%
4
2
-50.0%
Locke
160
115
-28.1%
$125,000
$147,500
18.0%
7
10
42.9%
Merrymeeting
278
102
-63.3%
$340,000
$350,000
2.9%
3
3
0.0%
Newfound
134
161
20.1%
$267,500
$305,000
14.0%
10
15
50.0%
Opechee
181
78
-56.9%
$274,500
$212,000
-22.8%
2
9
350.0%
Sawyer
50
382
664.0%
$106,000
$112,500
6.1%
2
2
0.0%
Silver
147
0
-100.0%
$435,000
$0
-100.0%
2
0
-100.0%
Squam
168
152
-9.5%
$218,500
$210,000
-3.9%
22
27
22.7%
Sunapee
270
159
-41.1%
$300,000
$515,000
71.7%
12
17
41.7%
Winnipesaukee
163
183
12.3%
$350,000
$330,000
-5.7%
89
130
46.1%
Winnisquam
170
139
-18.2%
$204,000
$175,000
-14.2%
19
22
15.8%
Waukewan
15
599
3893.3%
$335,200
$380,000
13.4%
2
2
0.0%
Statewide
166
149
-10.2%
$232,750
$237,900
2.2%
518
655
26.4%
Waterbody
Atlantic Cochecho
Q3-2012
Q3-2013
Days on Market
Days on Market
189
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 Third Quarter 2013 Market Review
23
Lake Winnipesaukee Waterfront Homes TRANSACTION VOLUME
Number of Transactions
150 150
130 130
125 125
100 100
75 75
75 75
83 83
64 64
89 89
91 91
85 85
61 61
50 50
25 25
90 90
46 46
Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013
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
$50 $50 $44 $44
36 36
23 23
10 10
$41 $41
$53 $53
$51 $51
$51 $51
$43 $43
$29 $29 $21 $21
Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013
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 Third Quarter 2013 Market Review
Lake Winnipesaukee Waterfront Homes
$459,211 $459,211
$330,000 $330,000
$384,000 $384,000 $307,500 $307,500
$65,000 $65,000
$350,000 $350,000
$349,500 $349,500
$325,000 $325,000
$347,488 $347,488
$458,000 $458,000
460 460
380 380
$535,478 $535,478
$562,501 $562,501
$557,969 $557,969 $479,169 $479,169
$529,178 $529,178
$546,803 $546,803
Median Sales Price Median Sales Price
$604,672 $604,672
Average Sales Price Average Sales Price
540 540
$363,500 $363,500
Sales Price
620 620
$701,223 $701,223
700 700
$611,491 $611,491
AVERAGE AND MEDIAN SALES PRICE
300 300 2011 Q3Q3 2011 Q4Q4 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q2Q2 2011 2011 2011 2012 2012 2012 2012 2013 2013 2013 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
219 219
220 220
200 200
183 183
182 182
175 175
182 182 170 170
163 163
168 168
170 170
150 150 2011 Q3Q3 2011 Q4Q4 2011 Q1Q1 2012 Q2Q2 2012 Q3Q3 2012 Q4Q4 2012 Q1Q1 2013 Q2Q2 2013 Q3Q3 2013 Q2Q2 2011 2011 2011 2012 2012 2012 2012 2013 2013 2013 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 Third Quarter 2013 Market Review
25
235 $221
220
Lake Winnipesaukee Waterfront Homes Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
SALES PRICE VS. LIST PRICE COMPARISON 100
95
Percentage
90%
90
88% 85%
85
84% 83%
82%
84%
84%
84%
Q3 2012
Q4 2012
87%
80
75
70
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q1 2013
Q2 2013
Q3 2013
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 Third Quarter 2013 Market Review
Lake Winnipesaukee Waterfront Homes AVERAGE PRICE PER SQUARE FOOT 325
$320
$315
310
$302 $305
Dollars
295
$291
280
$270
$275 $267
265 $261
250 235 $221
220
Q2 2011
Q3 2011
Q4 2011
Q1 2012
Q2 2012
Q3 2012
Q4 2012
Q1 2013
Q2 2013
Q3 2013
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 1200 $1,123
95 1100
$1,040 90%
Dollars
100090 900 85
88%
$950 85%
84% 83%
82%
$799
84%
84%
84%
87% $840
$876
$801
800 80 700 75
$708
$717
600 $574 70 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 500 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 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 Third Quarter 2013 Market Review
27
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