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    July 2020 Lake Winnipesaukee Report

    July 2020 Lake Winnipesaukee Report Wait till we see July #'s!  Things keep heating up in the Lakes Region! New properties...

    • Brie Stephens
    • December 12th, 2019
    • 3 min read

    July 2020 Lake Winnipesaukee Report

    Wait till we see July #'s! 

    Things keep heating up in the Lakes Region! New properties are being scooped up fast with multiple offers and over asking AND properties that have sat for a long time are also finally going under agreement!  The average sales price is up, list to sales price ratio is up and closings are up! 

    Look at the difference from June 2019 to now: 

    June 2019

    Winnipesaukee Waterfronts 

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      Year over year we still are short with 2019 having 65 sales YTD for residential privately owned waterfront single-family properties with a total of $95,240,000 in sold volume.  This year 57 sales with a total sold volume YTD of $79,060,149. WHY? The inventory is so low, there is little to buy. We are seeing a large influx of buyers due to Covid-19. They are looking for a vacation "escape" home, retiring early now, looking for a home to work virtually from now on, investing in real estate versus stock.... just to name a few! 

    There's More than Meets the Eye....

    87 Jeremiah Smith Rd in Moultonborough was listed for $2,695,000 and went under agreement after 115 days on the market, closing at $2,465,000. Many calls and inquires we received on this and it was not our listing. What was not advertised in the properties general description was a Right of Way for other parties up the road who had rights to cross over and use this properties beach. Many did not feel comfortable with this, hence the price difference and days on market. 

    Homes like this there are buyers lining up, but it takes the details to know the whole situation. Another example was 2 Camp Rd in Moultonborough. What would be a desirable property it too had a "glitch", extremely shallow waters. It was communicated that  a jet boat would be the best option in order to use the dock for the expected majority of the summer season. Advertised as a 2 bedroom septic was also worrisome to buyers and the property did not come up for many in their online searches if they had a 3+ bedroom criteria. It did have "other sleeping rooms" in it, but many would not have known. 

    These are  two of many great examples why having a realtor work for you on your behalf who is knowledgable about the area is the most advantageous way to buy, especially in this market and why having a listing agent work for you to best get your property sold to the right buyer. 

     

     

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    About the author

    Brie Stephens

    603-819-8071
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    Brie has always been a devoted enthusiast of the Lake Life lifestyle, with an unwavering passion for New Hampshire and its charming Lakes Region. She thrives in this dynamic, ever-evolving environment and considers herself fortunate to have spent her formative years along the shores of Lake Kanasatka in Moultonborough before embarking on her journey to Lake Winnipesaukee. Brie's early exposure to these pristine lakes ignited her fascination with real estate, setting her on a path of discovery that began as a young teenager. At just 13 years old, she was already cruising Lake Winnipesaukee aboard her Boston Whaler, armed with a camera and real estate magazines, on a mission to study and compare homes. Her family's roots in the region trace back to the 1800s, further deepening her connection to this beautiful area. But it's not just the real estate that captivates Brie; it's the water itself. Her favorite summer pastime is immersing herself in the water and indulging in water sports. Brie's passion for wake surfing is well-known, and she often extends invitations to others to join her on her boat, where she imparts her expertise and shares the joy of cruising Lake Winnipesaukee. As the captain of her vessel, she now cherishes the experience of passing on this love for the water to her daughter, Summer Stephens, all while their loyal golden retriever, Braun, enjoys the wind's embrace from the bow. In Moultonborough, Brie is deeply engaged within her community. She dedicates herself to showcasing local businesses and highlights her husband's company, Stephens Landscaping, and its remarkable projects throughout the lakes and mountains. As a member of the NH & Lakes Region Home Builders Association, she holds the role of Vice President of Affiliates on the Executive Board and has co-chaired their annual Parade of Homes event for seven consecutive years. Brie has also served as a public official on the Town of Moultonborough's Planning Board for three years and sits as a board member for the Lakes Region Chamber of Commerce. Notably, Brie's Client Choice Charity Program reflects her commitment to giving back. She pledges a portion of every real estate commission to a charity of her clients' choice, demonstrating her dedication to enriching the Lakes and Mountains of Central New Hampshire, both personally and philanthropically. In every aspect of her life, Brie embodies the spirit of living, loving, excelling, and generously giving back to her cherished community.

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    87 Whittier Hwy Moultonborough, NH 03254 | Each office is independently owned and operated

    87 Whittier Hwy Moultonborough, NH 03254 | Each office is independently owned and operated

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