Vol.45, No.50
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W E E K O F M O N D A Y, D E C E M B E R 1 1 , 2 0 2 3
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
TA L L O R D E R
Gilford 11 LOCH LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,925,000 B: Loch Eireann LLC S: Holly D Miller Tr, Tr for Daniell Descendants RET Use: Residential-other, Lot: 34848sf 19 LOCH LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,925,000 B: Loch Eireann LLC S: Holly D Miller Tr, Tr for Daniell Descendants RET Use: Residential-multiple Bldgs, Lot: 71438sf 10 LOCH LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,925,000 B: Loch Eireann LLC S: Holly D Miller Tr, Tr for Daniell Descendants RET Use: 3 Bdrm Contemporary, Lot: 43560sf
Key Panel Recommends 88K New Homes Statewide in 16 Years Recommendation Combines Current Demand, Future Growth BY ETHAN DEWITT NEW HAMPSHIRE BULLETIN
64 UNSWORTH RD . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,500,000 B: Elizabeth H Page & David C Page S: Robert M Freeman Tr, Tr for Robert M Freeman T Mtg: Draper and Kramer Mtg $2,000,000 Use: 5 Bdrm Contemporary, Lot: 261360sf
Portsmouth 117 BOW ST U:114. . . . . . . . . . . . . . . . . . . . . . . . . . . $5,790,000 B: Bruce H Amlicke & Celeste Y Amlicke S: Deanna L Macdonald Tr, Tr for Deanna L Macdonald RET Use: 3 Bdrm Condo 93 STATE ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,700,000 B: Debra S Anthony Tr, Tr for Debra S Anthony RET S: James D Reid Tr, Tr for James D Reid RET 255 GOSPORT RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,800,000 B: Andrew P Stempler Tr, Tr for Gosport RT S: Rodney W Hepponstall & Debbie S Hepponstall Mtg: Citizens Bank $2,470,000 Use: 5 Bdrm Colonial, Lot: 65340sf
Manchester 351 CHESTNUT ST. . . . . . . . . . . . . . . . . . . . . . . . . . . .$3,687,466 B: Chestnut MNH Ltd Prtnrshp S: 351 Chestnut Street LLC
Lebanon 41 LABOMBARD RD N . . . . . . . . . . . . . . . . . . . . . . . . $3,036,000 B: TLL Realty LLC S: Koerier LLC Mtg: Ledyard Natl Bk $2,277,000 Use: Commercial Warehouse, Lot: 102366sf
Manchester 213 LAUREL ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,782,000 B: WREP 5 LLC S: Stragix Realty LLC Mtg: Newburyport Five Cent $2,572,500 Use: Apartment Bldg - 4-8 Units, Lot: 8685sf
Lyme 155 RIVER RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,649,000 B: Rebecca E Biron & Michelle R Warren S: Judy Holmes Mtg: United Wholesale Mtg $1,824,000 Use: 4 Bdrm Cape Cod, Lot: 93654sf
A
panel of housing experts is recommending that New Hampshire aim to build 88,000 new housing units by 2040 – echoing recent research that found that target is necessary to adequately reverse the state’s housing crisis. At its Oct. 24 meeting, the Council on Housing Stability agreed to adopt the goal, which follows the Fair Share Housing Production Model released in April, produced by New Hampshire Housing, a state agency.
Meeting the goal will be more difficult than agreeing to it. New Hampshire Housing’s analysis is far higher than previous estimates, in part due to a new projection technique that factors in the state’s anticipated population growth. State housing experts have often cited previous analyses showing the state needs to immediately add 20,000 units to solve demand. But the new model indicates the state will need 59,934 units by 2030 and 88,395 units by 2040. The numbers come from a combination of assessments by the state’s nine Regional Planning Commissions, and factor in both
for understanding and planning for New Hampshire’s housing needs,” he said in a statement. But meeting the goal will be more difficult than agreeing to it. New Hampshire has struggled to keep its housing production on pace to reach the previous 20,000unit target, even as the state used COVID
Single-Family Median Sales Price $460,000 460000 $440,000 440000
REAL ESTATE RECORDS COUNTY
job growth and population projections. Rob Dapice, CEO of New Hampshire Housing and a member of the council, called the new analysis an “invaluable foundation.” “We now have in-depth reports that examined supply and production, affordability challenges, housing needs, and projected housing demand as the basis
$450,000 450000
INDEX PG
Downtown Keene. The persistent low level of inventory has kept New Hampshire’s house prices high this fall even as other areas of the country are seeing a price decrease, according to the New Hampshire Association of Realtors.
NEW HAMPSHIRE MARKET STATISTICS
Nashua 31-35 LOWELL ST . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,850,000 B: Michael Craven Tr, Tr for Mason RT S: JHT Pro LLC Mtg: Mascoma Bank $2,300,000 Use: Parking Lot, Lot: 2701sf
istock photo
Moultonboro
TRANSACTIONS THRU
3 Belknap �������������������������� 11/22/23 4 Carroll ���������������������������� 11/22/23 4 Cheshire ������������������������ 11/22/23 5 Coos �������������������������������� 11/22/23 5 Grafton ���������������������������� 11/22/23 6 Hillsborough ������������������ 11/22/23 9 Merrimack ���������������������� 11/22/23 10 Rockingham ������������������ 11/22/23 12 Strafford ������������������������ 11/22/23 13 Sullivan �������������������������� 11/22/23 13 Bankruptcies 14 Lien & Attachments 14 Foreclosure, Mortgagee & Other Lien Auctions 14 Requests for Bids & Proposals
$430,000 430000 $420,000 420000 $410,000 410000
Continued on Page 16
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$400,000 400000 $390,000 390000
Oct. Nov. Nov. Dec. Dec. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May May June June July July Aug. Aug. Sept. Sept. Oct. Oct. Oct. ’22
’23
Number 500000 $500,000 of Sales 450000 $450,000 400000 $400,000 350000 $350,000 300000 $300,000 250000 $250,000 200000 $200,000
2019
Oct. ’19
2020
Oct. ’20
2021
Oct. ’21
2022
Oct. ’22
2023
Oct. ’23
Year
Median Price
Change Prior Year
Oct. 2019
$285,000
7.14%
Oct. 2020
$319,000
11.93%
Oct. 2021
$375,000
17.55%
Oct. 2022
$420,000
12%
Oct. 2023
$440,000
4.76%
q Statistics based on single-family home sales of $1,000 q Source: The Warren Group
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