2009 Waterfront Real Estate Sales Lake Sunapee Region

by Dan O'Halloran on February 8, 2010

Below are some charts detailing historical sales of waterfront property in the Lake Sunapee Region. As you will see, the average sales price has come down a bit but the number of transactions hasn’t fallen all that much. I think that at the moment lake property is still a great deal and if you are considering purchasing, plan on negotiating and don’t hesitate to give it a shot. Many properties have been on the market for years and you could be entering the scene at the right time. In a previous post of mine “High End Sales Are Down. Opportunity? Yes!” I mentioned this opportunity and I believe it still holds true.

Lake Sunapee Historical Sales

Pleasant Lake Historical Sales

Little Lake Sunapee Historical Sales

*All data used is from NNEREN MLS and is subject to Human Error : )
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Ski Joring Season Hits The Lake Sunapee Region!

by Dan O'Halloran on February 2, 2010

This past weekend I had the opportunity to get involved in a sport call Ski Joring during the New London Winter Carnival. Prior to this I had only done a few practice “pulls” behind the horse so this was my first big race.

If you’ve never heard of it before, Ski Joring involves a horse towing a skier on a 30 to 50 foot rope through a course of gates (right on red, left on blue) that the skier has to navigate around. In between gates are some decent sized jumps that you have to ski off of and then there are various sets of rings that you have to stick your hand through to collect. If you drop or miss a ring you lose points (2 second penalty) and if you miss a gate you get hit with a 5 second penalty!

Needless to say this is a fast and fun event. The course in New London involved a decent corner with gates and rings which slowed the horses down a bit. The next race is February 13th and 14th in Newport at Parlin Airfield. It is a straight course so it will be super fast with lots of gates and rings. This is during the Newport Winter Carnival which has a ton of different events that kick off on February 9th – Click Here or visit the Newport Rec website http://www.newportrec.com/

Below is a video from a Helmet Camera I borrowed from Will Hurley at Outspokin Bicycle and Sport as well as some pictures that were taken by a good friend Jeff Estella of Southborough MA. I also want to thank Rob Thorp for getting me involved in this exciting sport and his horse “Big Ben” for a great pull (Big Ben is the 2nd horse in the video). Another big thank you to Heather Gorawaski and her wicked fast horse Daisy.

Heather Gorawaski-Rider of Daisy Pulling Dan O'Halloran

Heather Gorawaski-Rider of Daisy Pulling Dan O'Halloran

Heather Gorawaski-Rider of Daisy Pulling Dan O'Halloran

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Land Sales 2009 – Lake Sunapee Region

February 1, 2010

Below is a chart detailing historical land sales in the Sunapee Region. Sales are down over 21% compared to last year and it’s the first time since 2003 that the average sales price has decreased. In 2003 it dropped barely $4,000 and in 2009 it dropped over $40,000!!! Needless to say we were in need [...]

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2009 Year End Home Sales, Sunapee Region

January 15, 2010

As you will see in the chart below the exact same number of properties changed hands in 2008 as 2009! Out of the 16 towns that I track on this blog for the Sunapee Region there were 390 homes that sold in 2008 and 2009. The difference however is in the sales price.  The median [...]

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December 2009 Sunapee Region Real Estate Sales

January 8, 2010

Happy New Year!
I feel like winter had a slow start this year but it is suddenly trying to play catch up! It’s snowing out as I write and I have to say that this is by far one of my favorite times of the year. We get tons of people coming up to the area [...]

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Bringing in the New Year – New Hampshire Style

December 28, 2009

Bring on the snow already NH!!! I can’t believe we actually got a couple days of rain recently and haven’t really had a major Nor’easter yet. Fortunately there is still some good snow on the mountain and today we are supposed to get a few inches.
The end of 2009 is here! I love New Year’s [...]

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CNN Money- November Sales Leap – Prices still need to fall – I disagree!

December 23, 2009

Here’s an interesting article about the housing market…they think prices will come down more due to the bulk of foreclosures that have yet to hit the market. While this may be true in certain areas around the country, we are fortunate in the Lake Sunapee Region that we have not encountered such a high concentration [...]

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November 2009 Sunapee Region Real Estate Sales

December 9, 2009

It’s amazing how fast the holidays have crept up on us. Hard to believe Christmas is just around the corner and ski season has officially kicked off. Sales this past month more than doubled compared to last year at this time and are almost at 2006’s numbers. This is very encouraging going into the holidays [...]

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October 2009 Sunapee Region Real Estate Sales

November 3, 2009

It seems like this October just flew by! We have had one of the better Fall’s in a long time…no early frost to ruin the beautiful colors. With the holidays just around the corner we are entering the “slow period” up here. Typically real estate activity becomes less intense from November until after Christmas then [...]

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Tax Credit Extension??! Not just 1st time buyers!

October 31, 2009

So it’s not official yet but it looks like there’s a good chance the tax credit will be extended.  Below is what’s currently proposed.
Source from CNN Money:
The latest idea under discussion is a credit worth up to $8,000 for first-time homebuyers and up to $6,500 for homeowners looking to trade up to a bigger primary [...]

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