Sandwich, New Hampshire 2nd Quarter Market Report 2012

By
Real Estate Agent with Costantino Real Estate, LLC

Sandwich’s Residential listing data reflects an increase in market inventory by 60 when compared to last year’s 2nd quarter stats.  There are currently twenty-nine residential homes available for purchase in Sandwich, two offer water frontage and/or water access along with one commercial property.  2nd quarter sales volume reports a 150% increase over last year, however the average sales price has decreased by 33.5%.  Pending sales reflect a measurable increase over last year’s activity by 75%.  It’s good to keep in mind, Sandwich is a small community that is highly sought after with limited listings and market activity; considered to be typical and common for the local market place. Today’s sellers are willing to make a deal but potential buyers are slow in coming to the table.

2nd Quarter 2012 Residential Markets

  • 32 New Listings… up 60%
  • 7 Pending Sales…up 75%
  • 10 Residential Homes resulted in a successful close…up 150%
  • Average Price Sold Homes…$290,000., down 30.53%
  • Average DOM (Days on the Market) 134…increased by 34 days or 33.5%
  • Lowest Sales Price…13 Maple Ridge Road, Sandwich $65,000.
  • Highest Sales Price…Bennett Street, Sandwich $825,000.

Sandwich’s Vacant Land listing data reflects an increase in market inventory by 80% or four units when compared to last year’s 2nd quarter stats.  There are currently nineteen vacant land parcels available for purchase in Sandwich.  2nd quarter sales volume reports a drop of 33.3% over last year’s YTD, with a total of two counted sales.  Pending sales have also dropped with only one unit currently under contract.

2nd Quarter 2012 Vacant Land Market

  • 9 New Listings… up 80%
  • 1 Pending Sales…down 66.6%
  • 2 Vacant parcels resulted in a successful close…down 33.3%
  • Average Price for Parcels…$118,000…down 22.49%
  • Average DOM (Days on the Market) 17…down 251 days or 93.66%
  • Lowest Land Sale… TBD Diamond Ledge Road, Sandwich $75,000 | 10.1 acres
  • Highest Land Sale…TBD Upper Road, Sandwich $161,000. | 15.1 acres

Based on information from the Northern New England Real Estate Network, Inc. for the period of January 1st through June 30, 2011 & January 1st through June 30th, 2012.
Contributed by Kathleen M. Kizer, ABR, GRI, ePRO, REALTOR, Broker Associate, Costantino Real Estate, LLC | Certified Residential Appraiser, NHCR-616 | Wolfeboro Appraisal Services “Your Lakes Region Professional”

For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com.  Call direct at 603-539-3200, ext. 208 or 603-707-2753.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
New Hampshire Carroll County Sandwich
Groups:
Realtors®
Tags:
costantino real estate
waterfront
squam lake
white mountains
market report
lakes region broker
new hampshire
carroll county
sandwich

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention
Rainmaker
169,623

Kathleen M. Kizer

Your Lakes Region Professional
Ask me a question
*
*
*
Spam prevention