The real estate market continues to move towards a sunnier forecast with a prediction of 4.5% appreciation nationwide for 2014 (based on a February Pulsenomics survey of 100+ economists, investment strategists, & housing market analysts). The expectation is that appreciation will continue at a more normal rate of 3% annually thru 2018. Looking at the local markets, it appears that our stormy winter kept buyers inside and sales are a mixed bag with some towns being ahead of sales 1^st quarter and many lagging behind. See below for a sample of 1^st quarter sales.

New London – 1^st Quarter

2014 10 Homes Sold 94% List to Sell Ratio 125 Ave Days on Market (DOM)

2013 8 Homes Sold 93% List to Sell 319 Ave DOM

Newbury – 1^st Quarter

2014 2 Homes Sold 91% List to Sell 102 Ave DOM

2013 5 Homes Sold 88% List to Sell 179 Ave DOM

Sunapee – 1^st Quarter

2014 6 Homes Sold 90% List to Sell 215 Ave DOM

2013 10 Homes Sold 91% List to Sell 196 Ave DOM

Bradford – 1^st Quarter

2014 2 Homes Sold 92% List to Sell 89 Ave DOM

2013 6 Homes Sold 94% List to Sell 259 Ave DOM

Spring should bring renewed interest in our market area. If you are thinking of buying or selling, your timing is perfect! Contact me to put my 20 years of experience to work for you. 603-526-4116, donna@donnaforest.com, www.donnaforest.com

Data is based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/13 – 4/1/13 and 

1/1/14 – 4/1/14

Teamwork from the Team that works – Coldwell Banker Milestone Real Estate.