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Sunapee Region Home Sales, December 2022

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December 2022 has come to an end and now we have officially started 2023. In this post we are going to look back at the month’s real estate activity in the Sunapee Region.  

The month brought us a rather slow pace of 35 closings. This is down from 51 in November, and has been the slowest December since 2011! That ends 2022 with 586 sales, which is below the pace of the past couple years but a lot closer to historical norms than the monthly figure which fluctuates.  

Interestingly, the median sale price increased from $340,000 in November up to $419,000 in December. This might be influenced by the decreased number of sales shifting where the median figure falls in the price spectrum and slightly more luxury sales than last month. In December there were 3 sales for over 1 million dollars as compared to only 1 in November.  

The average sale price was below the average listing price again at $619,638 and $648,911 respectively. If we look at all 35 sales and split it in half at the median, here’s how the price activity behaved on either side of the price spectrum:  


While there is variation on each side of this price spectrum, it is more consistent that the homes listed above the median would sell for less than they were asking. As you might expect there was also a difference among time on the market. For the higher priced homes it took an average of 65 days to sell, but for the lower cohort it was 40. This could be due in part to pricing, but higher priced homes face a smaller pool of perspective buyers browsing a larger pool of prospective homes.  

As we move into a new year it’s going to be interesting to see where rates, pricing, and inventory takes us. We’ve talked about the challenges of home affordability affecting New Hampshire and that is evidenced in the price activity we saw above. There is high demand for homes, but even higher demand for more affordable homes. Despite fears of a real estate crash last year and into this year what we are seeing is more characterized as a compression of buyer interest. If you need help navigating this changing market and finding the home that’s right for you, and right priced for you, we are here for you and happy to help in this new year.  




16 Oneil Drive - $355,000  


303 Center Road - $352,500  


4 Fernwood Lane - $325,700  

63 Greensward Drive - $375,000  

23 Greensward Drive - $415,000  

225 Burpee Hill Road - $460,000  

19 Butternut Road - $475,000  

422 Road Round The Lake - $750,000  


56 Keyes Hollow Road - $75,000  

New London

416 Wilmot Center Road - $360,000  

661 Sugarhouse Road - $459,000  

189 Gay Farm Road - $460,000  

440 Pleasant Street - $625,000  

132 King Hill Road - $775,000  

510 Bunker Road - $900,000  

534 Bunker Road - $1,675,000  


112 Morse Lane - $605,000  


1005 John Stark Highway - $239,000  

324 Corbin Road - $265,000  

21 Columbus Circle - $310,000  

23 Cheney Street - $325,000  

79 Sunshine Avenue - $397,500  


561 Georges Mills Road - $159,000  

8 Whitetail Ridge - $321,000  


1170 Route 11 - $419,900  

12 Ryder Corner Road - $480,150  

120 Marys Road - $1,750,000  

25 Birch Point Lane - $4,995,000  


42 Chalk Pond Road - $300,000  

423 Kearsarge Valley Road - $450,000  


737 Unity Springs Road - $250,000  


139 Jackson Drive - $280,600  

1747 Valley Road - $440,000  


195 Village Road - $333,000  

47 Stone Bridge Road - $530,000  

*There were no home sales in Bradford, Croydon, or Warner 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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