In June, 73 homes sold bringing the 2020 cumulative home sales up to 296. The highest home sales price in May 2020 was $4,700,000 in Sunapee. The town of Grantham saw the most sales with 13 homes sold. To learn more about what homes sold in the Lake Sunapee Region during the month of May, read this post and check out the historical home sales information.
Year End Stats
In 2019 home sales on Lake Sunapee increased 57% when compared to 2018 home sales. During 2019, 22 lakefront homes sold in 2019 compared to 14 in 2018. Out of those 22 lakefront homes, the median sales price was $1,400,000, with the highest priced lakefront house selling at $5,700,00 and the lowest at $525,000.
When looking at lakefront home sales by town, there were 12 properties sold in Newbury, 9 in Sunapee and 1 in New London. When combining all lakefront home sales on Lake Sunapee, a grand total of 3,472 feet of waterfront (or .66 miles) was sold.
Waterfront Property Appreciation
Taking a look at historical home sale trends on Lake Sunapee, we ran the cost per foot of waterfront sold. Since 2016 the per foot cost of waterfront property on the lake has appreciated from $6,547.47 per foot to $11,429.07. 2018 did see a higher cost per foot coming in at $12,009.47, but fewer lakefront home sales.
If we go all the way back to 2003 (when we started collecting this data), and compare the median sales price per lakefront home sold, you’ll see a steady appreciation of value. In 2003, 8 lakefront homes sold, and the median sales price was $562,500. Check out the chart below to see how waterfront properties on Lake Sunapee have appreciated over the years, as well as days on market and total Lake Sunapee home sale trends by town.
If you are looking to buy a lakefront property in New Hampshire, or are interested in knowing the value of your waterfront home in today’s market, call, email or text a member of our real estate team today!
Interested in learning more about the best New Hampshire lakes in the Sunapee Region? We are happy to provide a local perspective on each of the beautiful lakes and ponds that make our area so special.
This past year, there were 22 waterfront home sales onLake Sunapee (just one more than in 2016).Below you will find charts summarizing the sales history as well as a break down showing the percent off from original listing price to the sales price for 2016 and [...]
Starting 2018 Strong!
Happy Spring! The real estate market is still strong, and the numbers certainly don't lie! Below you will find 2017 year-end stats reflectingthe Lake Sunapee Region, lake specific market stats, information about our new agent,spring-time happenings, our featured listingsand more cool [...]
The numbers are in and 2017 finished just two sales behind 2016's record year! As you will see in the chart below, the median sales price has gone up to $240,000 and home sales in our region added up to a total dollar volume of $206,342,995 (for comparison, in the year 2000, total dollar volume clocked in at [...]