August 2022 Lakes Region Statistical Report
In July, Alton say 10 listings close and 11 new hit the market. The average days on market was less than 2 weeks at just 12 days which was only a few days more than July of last year.
The median sales price increased $171,500 when comparing July 2021 to 2022.
Our current Alton inventory:
It was a quiet month in Center Harbor for real estate sales with no sold listings and just 3 new active on the market.
With the 2nd most new listings to come on the market last month, Gilford saw 23 new listings. The average days on market was the lowest of all the towns in this report with just 8 days.
The volume sold was significantly less July of 2022 than 2021- a total of roughly $7m.
Laconia saw the highest list to sale price ratio with 104.08%. Every town (except Center Harbor that had 0 sales) had list to sale price ratios over 100%. Listings are still closing for more than they are listed for.
Our current Laconia inventory:
5 properties closed in Meredith last month, one of which was our property at 40 Clover Ridge Rd- a new construction home that closed for $800,000. These closings brought the average days on market for Meredith to just 11 days.
20 new listings came on the market!
Moultonborough saw the highest list to sale price ratio ending the month with 105.96%! The average days on market was relatively low as well with just 17days.
6 listings closed in Moultonborough in July and 12 new came on the market.
Our current Moultonborough inventory:
One of the lowest days on market- just 2 days more than Gilford- Wolfeboro saw properties close on average within 10 days. Comparing 2021 and 2022, the new and sold listings are roughly the same.