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North Country Home Sales, December 2022

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2023 has arrived in the North Country and in this post we are going to review December closings, and the 2022 real estate trends. 

In December there were 35 closings in the North Country which is down from November, but reflects the seasonality of real estate. This lags last year’s sales which were 47 in December which has been the story of 2022 and we will explore further in a little bit. 

The median sale price was $320,000 which returns toward where we started in January 2022, which had a median sale price of $307,500. Prices had climbed to $405,950 in March and $386,000 in June before steadily marching back to the low $300,000 area.  

What we’ve seen is that 2022 has been a whirlwind with a rapid rise in prices, and then cooling as we have still ended the year slightly above where we began and more in-line with historical averages. The number of sales has been unusually low though at 504 sales for the year making it the slowest year since 2014. This constrained inventory helps to drive prices up, but could be a trough following the 819 sales in 2020 which was the highest year on record. As we roll into the next calendar year it will be interesting to see where prices and the number of sales lead us.

The year has just begun and while there is a lot of attention on real estate and interest rates, we haven’t seen the ‘crash’ that many feared would transpire. Real estate activity is always changing, and if you’d like to learn more or partner with an agent who can help you navigate the year, we’d be happy to help you! 

 

Bath 

31 Bradley Hill Road - $195,000 

Bethlehem 

30 Noyes Street - $225,000 

1321 South Road - $275,600 

3249 Main Street - $2,250,000 

Campton 

118 Winterbrook Road - $300,000 

Easton 

266 Gingerbread Road - $252,500 

Franconia 

61 Indian Pipe Road - $700,000 

Haverhill 

125 Bear Road - $245,000 

371 Brushwood Road - $250,000 

19 Pine Street - $275,000 

Lincoln 

14 Louis Lane - $425,000 

Littleton 

180 Washington Street - $185,000 

70 Cold Spring Road - $349,000 

761 Mount Eustis Road - $360,000 

1012 Foster Hill Road - $900,000 

Lyman 

163 Ash Hill Road - $335,000 

25 Ott Drive - $675,000 

Plymouth 

18 Wentworth Street - $250,000 

59-A Crescent Street - $271,200 

59-B Crescent Street - $271,200 

68-A Crescent Street - $289,900 

68-B Crescent Street - $289,900 

321 Reservoir Road - $361,000 

14 River Ridge Road - $399,000 

Rumney 

426 Depot Street - $272,000 

127 Stinson Lake Road - $300,000 

Thornton 

365 Mill Brook Road - $320,000 

25 True Lane - $345,000 

383 Mill Brook Road - $380,000 

3478 US RTE 3 - $380,000 

30 Fraser Road - $599,000 

52 Jansen Farm Road - $715,000 

Woodstock 

49 Paradise Road - $185,000 

144 East Side Drive - $324,000 

13 Daniel Webster Highway - $535,000 

*There were no home sales in Benton, Holderness, Landaff, Lisbon, Monroe, Sugar Hill, or Waterville Valley during the month of December 

**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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