NH Lakefront Inventory Update April 2016
Spring and Ice out were early this year but on April 5 we have 5 inches of snow on the ground and the temperature in Concord was a record 8 degrees. My boat was ready to go in the water last week but I am waiting for this cold Canadian blast to move on prior to launching for what I thought might be an early summer.
Spring sales are on a record pace with 40 waterfront sales. Seven were recorded over $750,000 while the majority were sold $280,000 to $450,000 range. 35 homes are currently under contract with 2 record sales of $5.9 and $6.9 million set to close.
Right now inventory is still off the peak last year with 311 homes currently available throughout the state. What I find extremely interesting is that 125 of the 311 lakefront homes are priced over $1 million and 107 are priced $400,000 to $1 million. Great time to buy if you are in the over $1 million market and a better time to sell if your home is in the under $500,000 value.
Winnipesaukee - 141 homes - with 16 island homes priced $299,000 to $565,000. 17 of the homes are priced $500,000 to $750,000, 24 are priced $750,000 to $1.25 mil. 54 homes are priced over $1.25 to $3 million with 34 priced over $3 million.
Boat House - 6 Acres - 700 feet of shoreline - $3.9 mil - 5 cottages & main residence
Winnisquam - 13 homes - Priced $249,000 in Mallards Landing to 2 listings over $1 million. Easy access to the Boston market and Gunstock Ski Area.
Sunapee - 24 homes with 7 over $2 million. The lake is minutes to Mount Sunapee Ski Area one of the most popular resorts in NH
Squam - Only 10 homes - $269,000 for a seasonal cottage on Little Squam to $2,795,000 million On Golden Pond NH's second largest lake.
Ask us about New Construction at Squam River Landing.
Ossipee - 13 homes - $229,000 for a tear down to $890,000. Best Values with great Beaches on the majority of homes - Best Mountain and Lake Views off Long Sands with 3 homes available.
Newfound - No Lakefront Homes Available, Don't; wait if you see a nice home on Newfound. - Quality homes sell quickly, #1 in Water Quality and 15 minutes to Ragged Mt Resort.
Wentworth / Crescent - 5 homes - $457,000 to $2.7 million - Wentworth has a sparsely populated shoreline -3000 acres - A must see lake in Wolfeboro, similar to Squam in many ways. Crescent is in town and you can access Wentworth.
Merrymeeting - 9 homes - $239,000 to $799,000 2nd in Water Quality - 1200 acres - Short drive to Gunstock Ski Area or Wolfeboro
Waukewan - No homes available - 900 acres - Meredith / New Hampton - Watch for new listings on this quality lake they sell quickly. Golf and Skiing are just a short drive.
Silver Lake Madison - 3 current listings, $639,000 to $882,000 on this hidden gem - 900-acre glacial lake
Pine River Pond - 8 homes - $239,000 for a seasonal camp to $799,000 - 600 acre - Low tax town - Sandy Bottom lake.
Great East Lake - 1 homes - $725,000 1800 acres - Low tax town -This is one of the best lakes in the state. Excellent Water quality on the Maine border. Current Great East
Bow Lake - 3 homes - priced $269,000 for a seasonal camp to $450,000 - Commute to Portsmouth, Concord or Manchester from this 1100 acres lake. Loons and Eagles plus great fishing! Contact us for some great land listings available on Bow Lake.
If a waterfront home is not in your price range there are many water access communities with docks or just purchase a dock slip and buy anywhere in the lakes region.
A new addition to our website is lake maps at www.nhlakesrealty.com You can also narrow your search to lakefront owned or shared waterfront by clicking that search selection. You do not have to wade through listings to sort owned and shared.
Seasonal Cottages to Luxury Estates
For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.
Contact Carl Sack or Paula Hinckley #nhlakesrealty