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March Lakes Region Residential Sales Report

March Lakes Region Residential Sales Report

There were 97 single family residential home sales in March 2019 in the twelve Lakes Region communities covered by this report. The average sales price was $325,920 and the median price point stood at an even $250,000. For the first three months of 2019 that brings the total number of sales to 240 at an average price of $422,098! That is pretty good compared to the first three months of 2018 where there were 211 single family home sales at an average of $330,609.

Residential ReportHere’s a little real estate related quiz to keep your mind working.

  1. Who said “Real estate is the best investment in the world because it is the only thing they are not making anymore?”A. John D. Rockefeller   B. Donald Trump  C. Frank Roche  D. Will Rogers
  2. Where would it be hardest to find a rental?A. Laconia  B. Gilford  C. Mongolia  D.  Manchvegas
  3. Which famous person’s estate has two pools; one on the east side and one on the west side of the house so you can see both sunrises and sunsets while taking a dip?A. Bo Derrick  B. Jane Fonda  C. John  Lennon  D. Bill Gates
  4. Residential reportWho is generally credited with the game of Monopoly?A. Clarence Darrow  B. Charles Darrow   C. Clyde Barrow  D. Charles Darwin
  5. The goal of Monopoly is to: A. Accumulate the most real estate   B. Drive your spouse insane       C.  Be mean and make the other players go bankrupt   D. Avoid going to jail
  6. Who owns the most property? A. Donald Trump  B. Ted Turner  C. Queen of Sheba  D. Queen of England
  7. The oldest wood frame house in NH was built in 1664. Where is it?A. Gilmanton  B. Portsmouth  C. Lyme   D. Rye
  8. If you live on a cul-de-sac, you live:A. at the end of the street   B. on a circle   C. on a  corner   D.  at the bottom of the bag
  9. If you sell your $375,000 home for $350,500 and give your buyer a credit for $7,500 toward his closing costs. The State of NH levies $15.00 per thousand in tax stamps and you are responsible for half of that amount, you owe the State of NH: A. $25,725.00  B. $2,572.50  C. $0  D. $2,628.75
  10. In real estate, the term “PITI” means: A. Prepaid interest, taxes, and insurance   B. Sorry, you didn’t get the loan!  C. Principal, interest, taxes, and insurance  D. Payment, insurance, taxes,  income.residential reportData compiled using the NEREN MLS system

Answers: 1. (D) Will Rogers …but Franks says that a lot, too. 2. (C) Mongolia-all homes are owner occupied 3. (C) John Lennon 4. (B) Charles Darrow 5. (C) Be mean 6. (D) Queen of England 7. (B)The Jackson House in Portsmouth (although a home built in Billerica in 1665 was actually moved to Gilmanton) 8. (D) Sorry, it’s French for the bottom of the bag 9. (B) $2,572.50 10. (C) Principal, interest, taxes, and insurance

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Roy Sanborn

As a REALTOR® since 2000, I know what it takes to ensure a smooth real estate transaction; hard work, dedication and loyalty to my clients, knowledge, and effective communication. It is this philosophy that has helped me to consistently be one of the top producing agents in the Lakes Region of New Hampshire. I’ve also found that helps to have a little fun along the way! My partner, Ashley Davis, and I are thrilled to be part of Four Seasons Sotheby’s International Realty and have taken Sotheby’s already amazing marketing program and philosophy one step further with the formation of our Distinctive Homes Group! I know the lakes, the Lakes Region, and the lifestyle you are probably looking for.

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