According to the Realtors MLS data for sales in the towns of Lincoln and Woodstock the gross number of condominium sales were down in 2007 compared to 2006. But when we add the South Peak Development (not reported in the Realtors Data), the gross number of sales is only off by 12% from 2006 and the average selling price is actually up about 12% over the prior year (net affect no gain or loss).

The number of land sales and home sales are virtually tied over the past 2 years. The number of sale for condos, homes and land closed in 2006 were 225 and 198 in 2007. The only bad news is the number of days on the market has increased by 23% (about 40 days longer to sell). This bares repeating sales were down 12% (in # of units) but up 12% (in Gross $ value).

So statistically the second home ski properties in and around the most popular resort in New Hampshire have held their values very well. So when market concerns abate and the pent up demand rebounds I feel the unit volume will increase and the days on the market will decease as the pendulum swings the other way.

These numbers are supported by The Registry Review, “New Hampshire’s Statewide Real Estate and Financial Newspaper” www.real-data.com analyzed and Compiled by Steve Loynd / Managing Broker- alpine Lakes Real Estate Co Inc., Lincoln NH.