Second Quarter Market Reports 2015

2015 REAL ESTATE 2Q MARKET REPORT

&

VERMONT NEW HAMPSHIRE

Contents VT

NH

Champlain Valley:

The Upper Valley:

Chittenden County Addison County Lamoille County

Grafton County Orange County Windsor County

4

Franklin & Grand Isle: Franklin County Grand Isle County

7

19

Lake Sunapee Region: Merrimack County Sullivan County

21

The North East Kingdom: Lakes Region: Caledonia County Orleans County

9

Central Vermont: Rutland County Washington County

Belknap County Carroll County

23

Merrimack Valley: 11

Hillsborough County Rockingham County

25

Southern Vermont: Bennington County Windham County

13

Okemo: Ludlow Plymouth Cavendish Chester

15

Stratton: Londonderry Stratton

16

Mount Snow: Wilmington Dover Wardsboro

17

Stowe: Stowe

18

2 | FourSeasonsSIR.com

Knowledge is power.

We are proud to share with you our Vermont and New Hampshire Quarterly Market Report. Our focus in 2015 is to ensure that our clients (whether selling or purchasing real estate) have comprehensive information in order to make informed decisions. Ultimately your success is ours.

In this report you will find year over year market trends comparing the last three months with the same time period last year in order to help you identify where the market is heading. Please don’t hesitate to contact one of our associates for more detailed information on the town (or towns) you intend to sell or purchase in this year.

We hope you find this, our Quarterly Market Report of 2015, helpful as you evaluate your real estate options this year. At Four Seasons Sotheby’s International Realty, we are committed to providing the highest level of service and expertise to buyers and sellers alike in all price categories. It will be our privilege to serve you in 2015.

FourSeasonsSIR.com 33||FourSeasonsSIR.com

The Champlain Valley The Champlain Valley is comprised of the counties of Franklin, Chittenden and Addison, all bordering Lake Champlain. From summer on the islands of Lake Champlain to skiing Stowe and the Mad River Valley, the Champlain Valley is an ideal destination for all seasons.

Burlington offers a vibrant community with a walkable downtown and Vermont’s best in arts and culture. Burlington is home to Lake Champlain Chocolates, the Burlington Farmers Market and numerous farm-to-table restaurants. The culmination of the lakes, mountains, and city make the Champlain Valley a great place to live, work and visit.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Chittenden County, VT

580.0

493

17.60%

305

285

7.00%

1,112

1,154

-3.60%

Addison County, VT

83

90

-7.80%

253

214

18.40%

559

563

-7.00%

Lamoille County, VT

102

109

-6.40%

267

271

-1.40%

788

830

-5.10%

Pending in Units (Listing sales) Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Chittenden County, VT

660

578

14.20%

301

303

-0.60%

5

6

Addison County, VT

114

130

-12.30%

232

231

0.60%

18

18

1.70%

Lamoille County, VT

118

127

-7.10%

278

295

-5.80%

21

21

-1.40%

-18.80%

4 | FourSeasonsSIR.com

Closed Sales in Units Towns Burlington

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

101

92

9.80%

336.8

334.7

0.60%

129

115

South Burlington

97

76

27.60%

304.4

261.4

16.40%

117

126

12.20% -7.10%

Winooski

31

21

47.60%

235.7

204.8

15.10%

24

25

-4.00% -7.00%

Charlotte

10

7

42.90%

382.8

571.7

-33.00%

93

100

Colchester

69

63

9.50%

305.6

257.2

18.80%

149

137

8.80%

108

73

47.90%

280.9

258.5

8.70%

141

155

-9.00%

Essex

Pending in Units (Listing sales) Towns Burlington

04/01/15 to 06/30/15

South Burlington

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

108

81

33.30%

35,322

25,955

36.10%

3.5

3.3

6.10%

107

97

10.30%

34,477

29,769

15.80%

3.1

4.5

-31.10%

Winooski

29

22

31.80%

6,992

6,172

13.30%

2.2

3

-26.70%

Charlotte

10

15

-33.30%

4,299

6,560

-34.50%

25

41

-39.00%

Colchester Essex

75 118

65 105

15.40% 12.40%

20,118 32,076

18,335 28,270

9.70% 13.50%

6 3.7

5.4 6

11.10% -38.30%

5 | FourSeasonsSIR.com

Closed Sales in Units Towns

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Hinesburg

12

11

9.10%

316.2

281.9

12.20%

49

32

53.10%

Richmond

5

4

25.00%

97

174

-44.30%

20

17

17.60%

Shelburne

18

25

-28.00%

429.3

384.5

11.70%

69

60

15.00%

Williston

38

35

8.60%

327.4

327.9

-0.20%

73

72

1.40%

Ferrisburgh

6

6

0.00%

184.3

286

-35.60%

64

67

-4.50%

Middlebury

15

18

-16.70%

248.1

185

34.10%

62

63

-1.60%

Vergennes

8

14

-42.90%

146.9

203.5

-27.80%

24

33

-27.30%

Pending in Units (Listing sales) Towns Hinesburg

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

14

21

-33.30%

4,248

5,871

-27.60%

10.7

9.2

Richmond

8

3

166.70%

1,308

515

154.00%

12.6

11.8

16.30% 6.80%

Shelburne

25

28

-10.70%

11,499

13,277

-13.40%

9.8

6.5

50.80%

Williston

53

46

15.20%

17,034

15,753

8.10%

5.3

5.6

-5.40%

Ferrisburgh

7

6

16.70%

1,717

1,707

0.60%

29.7

31.7

-6.30%

Middlebury

23

33

-30.30%

5,451

7,368

-26.00%

10.2

10.7

-4.70%

Vergennes

14

11

27.30%

2,313

2,389

-3.20%

9.3

6.6

40.90%

6 | FourSeasonsSIR.com

Franklin & Grand Isle Located in the Northwest corner of Vermont, the counties of Franklin and Grand Isle are boarded by Lake Champlain to the west, Canada to the North, and the Northeast Kingdom to the East.

What began as the backdrop for many pre-revolutionary events has evolved into a vibrant rural holiday destination. The counties host not only the Vermont Maple Festival and LCI Fishing Tournament but the superb four seasons Jay Peak Resort as well. Avid Cyclist, kayakers, skiers and other outdoor enthusiasts will find this a fantastic region in which to live and work.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Franklin County, VT

138

149

-7.40%

196

188

4.30%

691

722

-4.30%

Grand Isle County, VT

31

32

-3.10%

290

303

-4.30%

300

313

-4.20%

Pending in Units (Listing sales) Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Franklin County, VT

174

166

4.80%

188

199

-5.40%

14

14

-2.20%

Grand Isle County, VT

50

38

31.60%

304

321

-5.20%

27

27

-1.80%

7 | FourSeasonsSIR.com

Closed Sales in Units Towns

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

St Albans Town

25

22

13.60%

229.1

191.7

19.50%

101

98

3.10%

St Albans City

13

23

-43.50%

151.8

172.6

-12.10%

50

56

-10.70%

Pending in Units (Listing sales) Towns St Albans Town St Albans City

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

36

29

24.10%

7,379

6,536

12.90%

10.2

12.9

-20.90%

26

20

30.00%

4,454

4,025

10.70%

10.5

7.2

45.80%

8 | FourSeasonsSIR.com

The Northeast Kingdom Known for its breathtaking landscapes and unspoiled natural beauty, the Northeast Kingdom is nestled between the spectacular Green Mountains and scenic Connecticut River. Enjoy the beautiful surroundings by skiing Burke Mountain, mountain biking on the world-class Kingdom Trails, or joining the “leaf peepers� and simply enjoying the fall foliage. Whether you are looking for a quintessential village home in one of the many historic towns or a secluded country estate, the Northeast Kingdom is your ideal destination.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Caledonia County, VT

88.0

90

-2.20%

142

157

-9.80%

703

711

-1.10%

Orleans County, VT

105

98

7.10%

151

167

-9.50%

850

868

-2.10%

Essex County, VT

25

25

5.10%

98

154

-36.70%

222

234

-5.10%

Pending in Units (Listing sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Caledonia County, VT

115

110

4.50%

165

171

-3.30%

22

21

2.80%

Orleans County, VT

133

115

15.70%

138

195

-29.10%

22

25

-10.40%

Essex County, VT

28

26

7.70%

118

167

-29.40%

25

27

-6.40%

9 | FourSeasonsSIR.com

Closed Sales in Units Towns St. Johnsbury

04/01/15 to 06/30/15

17

04/01/14 to 06/30/14

14

Average Closed $,000

% Change

21.40%

Pending in Units (Listing sales) Towns St. Johnsbury

04/01/15 to 06/30/15

28

04/01/14 to 06/30/14

24

% Change

16.70%

04/01/15 to 06/30/15

118.8

04/01/14 to 06/30/14

130.1

Inventory in Units

% Change

-8.70%

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

2,992

04/01/14 to 06/30/14

3,278

% Change

-8.70%

04/01/15 to 06/30/15

134

04/01/14 to 06/30/14

117

% Change

14.50%

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

22

04/01/14 to 06/30/14

23.4

% Change

-6.00%

10 | FourSeasonsSIR.com

Central Vermont Best known as the home of Ben & Jerry’s Ice Cream and the historic Vermont State House, Central Vermont offers a variety of historic and natural wonders. The small towns that scatter the region are filled with local shops, artists and the farm-to-table dining that Vermont is famous for.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Average Closed $,000 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Rutland County, VT

197

154

27.90%

160

149

7.10%

1,321

1,425

-7.30%

Washington County, VT

193

157

22.90%

213

199

7.00%

1,070

1,089

-1.70%

Pending in Units (Listing sales) Avg. Pending $,000 (Listing Sales) Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Rutland County, VT

215

172

25.00%

161

168

-3.80%

19

26

-26.90%

Washington County, VT

232

177

31.10%

231

222

4.10%

16

20

-20.00%

11 | FourSeasonsSIR.com

Closed Sales in Units Towns Rutland Rutland City

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

Rutland Rutland City

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

0

0

0.00%

0

0

0.00%

7

17

-58.80%

41

29

41.40%

127

124.7

1.80%

224

271

-17.30%

Pending in Units (Listing sales) Towns

04/01/15 to 06/30/15

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

2

0

0.00%

118

0

0.00%

0

0

0.00%

42

28

50.00%

5,432

3,375

60.90%

15.6

26.1

-40.20%

12 | FourSeasonsSIR.com

Southern Vermont Best known as a winter recreation destination, home to Stratton Mountain Resort, Mount Snow Resort, Okemo Mountain and Bromley Mountain, Southern Vermont a short journey from the Northeast’s major metropolitan areas but feels like it’s a world away. Charming towns, such as Manchester, are woven together by quaint, country roads dotted with historic villages and Vermont landmarks such as the Vermont Country Store in Weston and vistas of the Green Mountains.

Less than four hours from the urban centers of New York, Montreal and Connecticut and less than three from Boston, the Southern Vermont area offers peaceful historic small town living, world-class skiing and unequalled second-home convenience. The Rutland, Albany, Hartford/Springfield, and Manchester airports are each within a one or two-hour drive. Amtrak stops in Albany, Brattleboro, Rutland and Windsor add to Southern Vermont’s ease of travel. With so much so close, there is no other region in New England that makes the second-home dream so easy.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Bennington County, VT

117

122

-4.10%

221

230

-4.10%

976

1,090

-10.50%

Windham County, VT

200

210

-4.80%

209

211

-1.00%

1,363

1,388

-1.80%

Pending in Units (Listing sales) Avg. Pending $,000 (Listing Sales) Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Bennington County, VT

131

122

7.40%

229

234

-2.20%

24

25

-3.20%

Windham County, VT

214

195

9.70%

225

224

0.40%

20

19

3.70%

13 | FourSeasonsSIR.com

Closed Sales in Units Towns Manchester

04/01/15 to 06/30/15

364

04/01/14 to 06/30/14

352

Average Closed $,000

% Change

3.40%

Pending in Units (Listing sales) Towns Manchester

04/01/15 to 06/30/15

504

04/01/14 to 06/30/14

395

% Change

27.60%

04/01/15 to 06/30/15

203.9

04/01/14 to 06/30/14

190.7

Inventory in Units

% Change

6.90%

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

111,420

04/01/14 to 06/30/14

78,852

% Change

41.30%

04/01/15 to 06/30/15

528

04/01/14 to 06/30/14

619

% Change

-14.70%

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

3.8

04/01/14 to 06/30/14

4.7

% Change

-19.10%

14 | FourSeasonsSIR.com

Okemo The Okemo Valley is simply a Vermont classic. Seven charming villages woven together by quaint, country roads, dotted with shops and fine dining.

Four season enchantment, with a glistening assortment of rivers, lakes, mountains and streams. All at the base of one of Vermont’s truly legendary ski mountains. A variety of exceptional home sites, and more ski-in/ski-out access than anywhere in New England, all almost unfathomably close to the Connecticut, New York, and Boston areas.

Closed Sales in Units Town Ludlow

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units 04/01/15 to 06/30/15

% Change

04/01/14 to 06/30/14

% Change

44

39

12.80%

427.5

367.7

16.30%

405

425

Plymouth

4

4

0.00%

139.8

228.8

-38.90%

85

81

4.90%

Cavendish

5

4

25.00%

223.8

272

-17.70%

66

70

-5.70%

25

20

25.00%

357.9

235.6

51.90%

77

74

4.10%

Chester

Pending in Units (Listing sales) Town Ludlow

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

% Change

-4.70%

04/01/14 to 06/30/14

% Change

41

30

36.70%

421.2

321.1

31.20%

26.7

33.3

Plymouth

5

5

0.00%

160.4

275

-41.70%

65.5

59

11.00%

Cavendish

6

7

-14.30%

192.3

207.9

-7.50%

39.2

52

-24.60%

45

27

66.70%

330.4

287.5

14.90%

8.5

10.2

-16.70%

Chester

15 | FourSeasonsSIR.com

-19.80%

Stratton One of Vermont’s premier mountain resorts, Stratton Mountain is nothing short of a true skier’s paradise. There is always something happening at the slopeside Village at Stratton, Stratton Mountain Club and at Stratton Sports Center. Stratton is a mountain community in every sense of the word. Nowhere are strong bonds more quickly built, lasting memories more easily made. In fact, for many families, what began as a simple seasonal rental has transformed into a deep connection that lasts for generations on end.

Closed Sales in Units Town Londonderry Stratton

04/01/15 to 04/01/14 to 06/30/15 06/30/14

Average Closed $,000

% Change

Londonderry Stratton

04/01/14 to 06/30/14

04/01/15 to 04/01/14 to 06/30/15 06/30/14

% Change

% Change

145

98

48.00%

279.6

250.7

11.50%

132

181

-27.10%

13

7

85.70%

357.1

360.7

-1.00%

62

76

-18.40%

Pending in Units (Listing sales)

Town

04/01/15 to 06/30/15

Inventory in Units

04/01/15 to 04/01/14 to 06/30/15 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Months of Inventory (Closed Sales) 04/01/15 to 04/01/14 to 06/30/15 06/30/14

% Change

% Change

189

149

26.80%

286.1

276

3.70%

2.4

5.1

-52.90%

6

5

20.00%

573.2

593.4

-3.40%

14.2

32.1

-55.80%

16 | FourSeasonsSIR.com

Mount Snow In postcard-beautiful Deerfield Valley, surrounded by endless forest, nestled between Mount Snow and Haystack Mountain - two of the premier ski mountains in the Northeast – sits historic and stunning Wilmington Village. With buildings dating back to 1760, instant convenience to the big cities of NY, NJ and Connecticut, a remarkable number of restaurants and shops and a sense of community that has never gone out of style, the towns of Wilmington and elegant neighboring Dover represent everything you could want in a ski town, and much, much more.

Closed Sales in Units Town

04/01/15 to 04/01/14 to 06/30/15 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units 04/01/15 to 04/01/14 to 06/30/15 06/30/14

% Change

% Change

Wilmington

35

19

84.20%

219.7

205.1

7.10%

160

177

-9.60%

Dover

36

46

-21.70%

263.9

261.1

1.10%

270

323

-16.40%

2

6

-66.70%

167.5

134.8

24.30%

74

57

29.80%

Wardsboro

Pending in Units (Listing sales) Town

04/01/15 to 04/01/14 to 06/30/14 06/30/15

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Months of Inventory (Closed Sales) 04/01/15 to 04/01/14 to 06/30/15 06/30/14

% Change

% Change

Wilmington

19

16

18.80%

273.4

322.5

-15.20%

12.8

25.4

Dover

36

30

20.00%

329.2

241.1

36.50%

22.4

20.4

9.80%

4

2

100.00%

259.3

203.5

27.40%

100

26

284.60%

Wardsboro

17 | FourSeasonsSIR.com

-49.60%

Stowe Living in Stowe, Vermont is like opening a door – a door to a powerful past, with historic buildings and a rich history of community. A door to a sophisticated, worldly, yet no-jacket-required present. And a door that unveils the possibilities of a future steeped in the four-season beauty of Northern Vermont, built on an active, year-round outdoor lifestyle, promising new friendships and fresh adventures.

Closed Sales in Units Town Stowe

04/01/15 to 06/30/15 31

04/01/14 to 06/30/14 45

Average Closed $,000

% Change -31.10%

Pending in Units (Listing sales) Town Stowe

04/01/15 to 06/30/15 34

04/01/14 to 06/30/14 47

% Change -27.70%

04/01/15 to 06/30/15 420.7

04/01/14 to 06/30/14

Inventory in Units 04/01/15 to 06/30/15

% Change

425.4

-1.10%

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15 501.5

04/01/14 to 06/30/14 459.6

234

9.10%

272

% Change -14.00%

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

% Change

04/01/14 to 06/30/14

20

04/01/14 to 06/30/14 16.3

% Change 22.70%

18 | FourSeasonsSIR.com

The Upper Valley The Upper Valley Region spans across the Connecticut River and covers central New Hampshire and Vermont. Hanover, home to Dartmouth College, is in the heart of the region. The dynamic college town compliments the natural beauty and outdoor lifestyle of the area wonderfully.

In addition to Hanover, there are many historic towns throughout the region, including Norwich, Cornish, Plainfield, Lyme, Thetford, Fairlee and Orford.

There are exciting small cities like Lebanon, home to the AVA Gallery and the Lebanon Opera House, as well as White River Junction, home to the Center for Cartoon Studies and the Tip Top Building, which houses artists, creative businesses and a cafĂŠ. Lake Morey and Lake Fairlee offer summer resort living.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Grafton County, NH

508.0

423

20.10%

218

208

7.70%

2,356

2,464

-4.40%

Orange County, VT

72

61

18.00%

156

152

2.40%

495

498

-0.60%

Windsor County, VT

264

218

21.10%

295

260

13.40%

1,881

1,895

-0.70%

Pending in Units (Listing sales) Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Grafton County, NH

576

488

18.00%

219

220

-0.70%

13

16

-22.00%

Orange County, VT

105

72

45.80%

173

178

-2.60%

19

22

-16.10%

Windsor County, VT

308

277

11.20%

303

288

5.40%

20

25

-20.00%

19 | FourSeasonsSIR.com

Closed Sales in Units Towns Hanover

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

37

37

0.00%

562.6

614.4

-8.40%

58

52

11.50%

Norwich

23

14

64.30%

521.5

457.7

13.90%

34

47

-27.70%

Lyme

11

4

175.00%

322.9

712

-54.60%

22

26

-15.40%

Lebanon

72

65

10.80%

255.4

216.7

17.90%

109

131

-16.80%

Randolph

0

0

0.00%

0

0

0.00%

9

11

-18.20%

Fairlee

2

2

0.00%

211.5

133.5

58.40%

26

23

13.00%

Pending in Units (Listing sales) Towns Hanover Norwich Lyme

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

42

43

-2.30%

24,426

22,082

10.60%

4.2

4.3

-2.30%

24

24

0.00%

14,788

12,356

19.70%

4.1

9.5

-56.80%

8

9

-11.10%

2,996

4,736

-36.70%

5.6

19

-70.50%

Lebanon

80

70

14.30%

19,516

16,301

19.70%

3.8

6.2

-38.70%

Randolph

1

1

0.00%

82

250

-67.20%

0

0

0.00%

Fairlee

3

4

-25.00%

676

905

-25.30%

35

34

2.90%

20 | FourSeasonsSIR.com

Lake Sunapee Region The Lake Sunapee Region of New Hampshire is a popular year-round recreation and resort area anchored by the town of New London. New London is a classic New England village featuring a variety of retail shops, fine dining and lodging. Main Street is graced by the Village Green, the New London Inn, and the tree lined campus of Colby-Sawyer College.

The town offers a number of seasonal cultural events including summer entertainment at the New London Barn Playhouse.

As a result of these scenic lakes, generations of families have been summering here for over a hundred years. The Lake Sunapee Yacht Club is host to 23 Starboats, one of the largest inland fleets of the Olympic-class vessel.

The town of Sunapee is best known for its Harbor, a hub for summer life on Lake Sunapee with events happening nearly every weekend throughout the summer. The Mount Sunapee Ski Resort is located close by. While it is best known for its skiing and snowboarding, the park also offers front-country camping, hiking, and swimming on the beach on Lake Sunapee.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Sullivan County, NH

175

171

2.30%

177

188

-6.20%

1,055

1,064

-0.80%

Merrimack County, NH

621

638

-2.70%

203

219

-7.30%

1,833

1,960

-6.50%

Pending in Units (Listing sales)

Avg. Pending $,000 (Listing Sales)

04/01/15 to 06/30/15

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Sullivan County, NH

195

186

4.80%

190

203

-6.40%

17

17

-2.30%

Merrimack County, NH

825

766

7.70%

217

220

-1.80%

8

9

-7.00%

21 | FourSeasonsSIR.com

Closed Sales in Units Towns Newport

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

17

19

-10.50%

132.5

124.3

6.60%

134

112

19.60%

Sunapee

18

16

12.50%

441.7

371.9

18.80%

123

133

-7.50%

New London

23

45

-48.90%

333.9

410.4

-18.60%

134

147

-8.80%

Newbury

13

10

30.00%

314.2

385.9

-18.60%

114

128

-10.90%

Pending in Units (Listing sales) Towns Newport

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

20

19

5.30%

2,658

2,568

3.50%

22.1

16.7

32.30%

Sunapee

17

22

-22.70%

7,414

11,560

-35.90%

17.9

22.6

-20.80%

New London

25

41

-39.00%

8,813

17,529

-49.70%

14.8

8.3

78.30%

Newbury

19

16

18.80%

6,242

6,150

1.50%

23.3

33.5

-30.40%

22 | FourSeasonsSIR.com

Lakes Region Whether you are looking for a waterfront home on Lake Winnipesaukee or a vacation home in the nation’s oldest resort town, Wolfeboro, or a quiet retreat in the country, the Lakes Region of New Hampshire has it all.

Lake Winnipesaukee, Winnisquam Lake, Squam Lake, and Newfound Lake are just a few of the 273 lakes and ponds in the New Hampshire Lakes Region.

Destinations such as Funspot in Weirs Beach, the Children’s Museum of Center Harbor, Gunstock Ski Resort and Bank of New Hampshire Pavilion in Gilford and Castle in the Clouds in Moultonborough are not to be missed!

Annual events such as Bike Week in Laconia and racing at Loudon’s New Hampshire Motor Speedway offer alternatives to a day on the water.

From summer fun on the lake to action-packed winter sports, and springtime maple sugaring to spectacular fall foliage, the New Hampshire Lakes region is a destination for all seasons. .

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Carroll County, NH

351.0

359

-2.20%

233

227

2.60%

2,173

2,240

-3.00%

Belknap County, NH

370

322

14.90%

245

217

13.30%

1,757

1,876

-6.60%

Pending in Units (Listing sales)

Avg. Pending $,000 (Listing Sales)

Months of Inventory (Closed Sales)

04/01/15 to 06/30/15

04/01/15 to 06/30/15

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/14 to 06/30/14

% Change

04/01/14 to 06/30/14

% Change

Carroll County, NH

474

378

25.40%

260

220

18.10%

17

17

0.60%

Belknap County, NH

509

371

37.20%

266

250

6.70%

13

16

-18.80%

23 | FourSeasonsSIR.com

Closed Sales in Units Towns Meredith

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

31

29

6.90%

364.8

386.9

-5.70%

161

196

Wolfeboro

48

35

37.10%

406.6

559

-27.30%

308

305

1.00%

Alton

33

42

-21.40%

392.9

320

22.80%

222

228

-2.60%

Gilford

63

50

26.00%

359.3

251.7

42.70%

268

272

-1.50%

Laconia

115

83

38.60%

209.4

175.5

19.30%

437

458

-4.60%

39

38

2.60%

407.8

249.7

63.30%

264

260

1.50%

7

3

133.30%

176.3

322

-45.20%

35

38

-7.90%

Moultonborough Center Harbor

Pending in Units (Listing sales) Towns Meredith

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Avg. Pending $,000 (Listing Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

-17.90%

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

46

36

27.80%

18,796

15,059

24.80%

14.8

16.9

-12.40%

Wolfeboro

66

38

73.70%

31,762

10,194

211.60%

17.4

23.9

-27.20%

Alton

60

48

25.00%

31,812

18,365

73.20%

18.5

14.7

25.90%

Gilford

88

53

66.00%

27,116

14,351

88.90%

11.2

15.3

-26.80%

Laconia

-28.70%

142

94

51.10%

27,439

20,469

34.10%

10.7

15

Moultonborough

57

44

29.50%

23,767

17,973

32.20%

18

18.3

-1.60%

Center Harbor

14

4

250.00%

2,715

1,748

55.30%

14.1

32.7

-56.90%

24 | FourSeasonsSIR.com

Merrimack Valley The Merrimack Valley is defined by the large Merrimack River that runs through it. This bi-state region is shared with Massachusetts and is the most populated and fastest growing region of New Hampshire. The area is home to the state’s largest cities, including Salem, Nashua, Manchester and Concord, where residents enjoy the cultural, educational, and industrial benefits of city life.

Closed Sales in Units 04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Hillsborough County, NH

1,660.0

1,506

10.20%

247

237

4.20%

2,767

3,016

-8.30%

Rockingham County, NH

1,573

1,347

16.80%

310

288

3.70%

2,507

2,728

-6.60%

Pending in Units (Listing sales)

Avg. Pending $,000 (Listing Sales)

04/01/15 to 06/30/15

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Hillsborough County, NH

2,184

1,792

21.90%

262

241

8.80%

5

6

-19.60%

Rockingham County, NH

2,062

1,756

17.40%

325

309

5.10%

4

6

-23.30%

25 | FourSeasonsSIR.com

Closed Sales in Units Towns Amherst

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Average Closed $,000 % Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Inventory in Units

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

74

61

21.30%

323.2

329.8

-2.00%

134

141

-5.00%

Bedford

111

100

11.00%

420.5

406.1

3.50%

131

179

-26.80%

Londonderry

145

98

48.00%

279.6

250.7

11.50%

132

181

-27.10%

41 87

31 75

32.30% 16.00%

213.5 431.2

196.7 419.4

8.50% 2.80%

102 131

137 158

-25.50% -17.10%

Weare Windham

Pending in Units (Listing sales) Towns Amherst

04/01/15 to 06/30/15

04/01/14 to 06/30/14

Avg. Pending $,000 (Listing Sales)

% Change

04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

Months of Inventory (Closed Sales) 04/01/15 to 06/30/15

04/01/14 to 06/30/14

% Change

95

78

21.80%

365

321

13.60%

4.8

6.4

-25.00%

Bedford

142

109

30.30%

441

386

14.10%

3.4

4.9

-30.60%

Londonderry

189

149

26.80%

287

276

3.90%

2.4

5.1

-52.90%

48

37

29.70%

211.5

193.6

9.20%

7.1

12.1

-41.30%

108

110

-1.80%

508.5

432.6

17.50%

4.3

5.8

-25.90%

Weare Windham

26 | FourSeasonsSIR.com

&

VERMONT NEW HAMPSHIRE

Lake Sunapee Region

Southern Vermont

Champlain Valley

New London:

Mount Snow: Stratton: Manchester Center: Manchester Village: Okemo: Londonderry:

Middlebury: 802.388.1000 Vergennes: 802.877.3232 South Burlington: 802.864.0541

603.526.4050

Lakes Region Meredith:

603.677.7012

Upper Valley Fairlee: Hanover: Randolph: West Lebanon:

802.333.4701 603.643.6070 603.643.6400 802.565.8136 603.298.5155

802.464.4608 802.297.1100 802.362.5040 802.362.4551 802.228.4537 802.824.3113

Central Vermont Rutland:

802.774.7007

Grand Isle St. Albans:

Northeast Kingdom St. Johnsbury:

27 | FourSeasonsSIR.com Each Office is Independently Owned and Operated.

802.751.7582

Stowe Mountain Region Stowe:

fourseasonssir.com

802.524.6763

802.253.7267