Labor Day Weekend is right around the corner and new lakefront listings are slowing down with only 12 new listings this past week. Squam Lake had an new listing listed for $7.5 million. This luxury home is located on 10 acres in the town of Moultonborough. Lake Winnipesaukee Real Estate had 3 new listing 2 island properties on Rattlesnake and a luxury home in Moultonborough for $2.8 million. To the south on Northwood Lake and Swains Lake we had a couple of new listings in the $200,000 range. Sales are really starting to hit the books with 25 waterfront homes being sold in the last 10 days in the price range of $225,000 for an island property to $1.5 million for a Winnipesaukee ranch on just over 1 acre of land.
Typically in the summer we have two price adjustments. Just after the 4th of July and right after Labor Day. The 4th of July price adjustment did not happen this year and I bet we are not going to see prices drop after Labor Day. Sellers of lake home have bottomed out on there pricing. If your a buyer coming to NH to buy a lake home the prices are fair and we should see pricing increase next year on lakefront homes. If you are sitting on the sidelines waiting to make a decision to buy think again, prices will increase and interest rates will go up. Don't be that guy who said I should have!
If you are not familiar with NH we have 3 areas in the state with well over 250 lakes and ponds. Sunapee Region, Lakes Region and the Ossipee area. If you are thinking of a ski home our typical buyer is thinking the same. All of the larger lakes are less than 20 minutes to a ski resort and all are minutes to golf and great hiking trails. The region currently has over 600 waterfront homes on the market with pricing from $250,000 to $13 million. The majority of the homes are price under $800,000. If you are looking for a luxury year round home or a seasonal cottage on the lake we can help you. For additional information on lake homes call Four Seasons | Sotheby's International Realty at 1-888-737-5550 or e-mail at email@example.com or visit our website to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.
Contact us today by phone or e-mail and let us find that dream home for you.