Wakefield, New Hampshire Year- to-Date Market Review – April, 2011

By
Real Estate Agent with Costantino Real Estate, LLC

Wakefield reports an 11% decline in new Wakefield Residential Listings.  Inventory continues to hold a significant number totaling 147 residential homes available for purchase with 79 active listings offering waterfront and/or water access.  The value range for active listings is set between the low of $54,900 to a high of $926,000.  The first four months of 2011 report successful sales activity up 56% when compared to last year’s same time period – average sales price increased by 23% and days on the market reported a slight increase of three (3) days.

YTD 2011 vs. YTD 2010 Wakefield’s Residential Real Estate

  • 28 New listings… down 11%
  • 17 Homes back on the market…up9.8%
  • 10 Pending…down 4%
  • 11 Contingent sales…up 155%
  • 10 Expired listings…up 16%
  • 2 Homes were withdrawn…down 21%
  • 10 Residential homes resulted in a successful close…up 56%
  • Average priced sold homes…up 23% ($234,574)
  • Lowest sales price recorded was 2387 Wakefield Road – $36,000
  • Highest sales price 145 Virginia Drive – $900,000 (Pine River Pond waterfront)

YTD 2011 vs. YTD 2010 Wakefield’s Complete Real Estate Market (Residential, Condominium, Manufactured, Mobile, Vacant Land, Commercial, Business Opportunities)

  • 37 New listings… down 9%
  • 23 Properties back on the market… down 4%
  • 10 Pending  sales…down 25%
  • 11 Contingent sales…up 71%
  • 19 Expired listings… up 10%
  • 3 Properties withdrawn … down 18%
  • 11Properties resulted in a successful close… up15%
  • Average price sold…up 28% | $244,684

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st to April 30th, 2010 – January 1st to April 30th, 2011.

Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services 

For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.

 

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