Navigating a NH Lakefront Home Purchase - COVID 19
Lakefront home inventory is at an all-time low. In the lakes region we have 77 active lake listings on September 14, 2020, only 18 are priced below $600,000. When a quality lake home is listed it typically lasts less than 2 days on the market.
Our office covers the 42 prime towns with lakefront properties. In a typical week we see 75 + - new listings - 134 go under contract - 86 + - close. Inventory is headed towards a negative figure.
If you see a waterfront home of interest I urge you to make an appointment immediately. Plan on getting in your car within 36 hours the home is listed to have a chance of purchasing the home.
Overall August was another record month in terms dollars spent on residential housing in New Hampshire. While the unit sales were down slightly compared with August 2019, both the $349,450 median price of those sales and the $800 million total dollar volume were the highest of any single month in the state's history. ( e-news from NH Realtors Association )
Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608 #nhlakesrealty for more information.
Visit our website to view homes on quality lakes in NH www.nhlakesrealty.com
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