It may come as no surprise but 2020 was a noteworthy year for waterfront home sales on Lake Sunapee. Since the record year of 2014, lakefront home sales have hovered around 20 sales per year until 2020 when 31 properties sold. In comparison to 2014, the median sales price was $225,000 higher and the average was up $431,213 breaking the two million mark at $2,025,829.
Out of the three towns that boarder Lake Sunapee, Newbury and Sunapee each had 14 direct waterfront sales while New London had three. Total sales volume increased from $39,681,750 in 2019 to $62,800,700! The highest priced lakefront home sold for $7,505,000 and lowest closed at $495,000. There was a 10% deviation from median list price to sales price for the year.
The 31 properties that sold had a combined shoreline of 5,260’ of waterfront, bringing the per foot cost of Lake Sunapee shoreline to $11,939.30 for 2020.
See the chart below for historic Lake Sunapee waterfront home sales.
*** Data is from NEREN MLS and is subject to human error. Sometimes information outside of our control is uploaded to the system late which means our numbers could be off by one or two sales.