As we begin another month in the Sunapee region, here is a look back on the November 2021 home sales and year to date data.
In November we saw a rise of the median sale price to $388,000 up from $340,000 in October. This might be a slight anomaly but doesn’t seem to be influenced by an outlier at the high end of the price spectrum. In October the highest sale price was $2,590,000 exceeding November at $2,250,000. October seems to be exceptional this year as the New Hampshire Association of Realtors (NHAR) also found this this dip to be statewide. You can read more on the NHAR site.
Aside from a regular slow down of home sales over the holidays, real estate may be influenced by broader economic factors in the months ahead. Home prices and mortgage interest rates are related, and as the cost of financing goes up, the prices of homes tends to decline. Of course there are exceptions to trends but this is an area to watch as we move through a season of consumer activity and a new COVID variant. The Federal Reserve plans to raise interest rates in 2022 which is expected to raise mortgage rates slightly.
However, a new data point to watch is around inflation. If the cost of regular goods and services rise faster than incomes, the personal budget for housing can be pinched. At the O’Halloran Group our mission is to help our clients make great decisions in real estate by choosing to do what is right over what’s fast, easy, or convenient. As you seek to find a new home, or to pass your home along to another great family we will work with you to help uncover information along the way as you make a big decision. If you’d like to meet a caring, knowledgeable, and professional agent-contact the O’Halloran Group!
Andover
163 Maple Street - $391,000
68 Brick House Road - $424,000
118 Beech Hill Road - $425,000
255 Emery Road - $514,900
484 Elbow Pond Road - $575,000
Bradford
296 Rowe Mountain Road - $375,000
106 Bible Hill Road - $405,000
3008 State Route 114 - $475,000
Goshen
1770 Brook Road - $150,000
Grantham
51 High Pond Road - $225,000
2 Draper Mill Road - $244,500
21 Wedgewood Drive - $305,000
53 Greensward Drive - $335,000
7 Old Spring Drive - $385,000
7 Allens Drive - $430,000
1 Sugar Hill - $531,000
1033 Olde Farms Road - $575,000
Lempster
117 Lempster - $212,000
220 Keyes Hollow Road - $252,000
142 Silver Springs Drive - $410,000
New London
451 Columbus Avenue - $377,500
575 Newport Roa - $428,000
96 Northwood Lane - $515,000
124 Spruce Lane - $630,000
62 Everett Park - $670,000
598 Route 103A - $2,250,000
Newbury
15 Kelley Street - $410,000
138 Stoney Brook Road - $451,000
250 Newell Road - $505,000
238 Bay Point Road - $599,000
190 Meadow Road - $744,095
249 Bay Point Road - $2,100,000
Newport
46 Myrtle Street - $78,000
33 Unity Road - $95,000
134 Unity Road - $170,000
180 South Main Street - $184,000
31 Unity Road - $225,000
16 Unity Road - $227,000
9 Roseland Road - $235,000
11 Columbus Circle - $238,000
35 Knoll Street - $280,000
128 Cutts Road - $375,000
Springfield
273 Cemetery Road - $421,000
Sunapee
64 Winn Hill Road - $260,000
16 Maurer Lane - $315,000
38 High Street - $320,000
9 Maple Street - $445,000
14 Hamel Road - $605,000
6 Paquette Lane - $700,000
9 North Shore Road - $1,055,000
15 Bay point Lane - $1,515,000
Sutton
10 Dodge Hill Road - $375,000
Unity
21 Lakeside Drive - $282,400
621 West Unity Road - $339,900
Warner
103 West Joppa Road - $253,000
270 Kearsarge Mountain Road - $310,000
22 Stagecoach Loop - $415,000
21 Hartshorn Lane - $494,000
Washington
96 Ashuelot Drive - $92,400
17 Sweeney Road - $275,000
Wilmot
176 Eagle Pond Road - $275,000
96 Village Road - $401,000
There were no homes sold in Croydon during the month of November 2021
*** 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.
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