People and Property: Real Estate and Construction News From Around NH

Seacoast home sales take a dive, Preservation Alliance honors top advocates, projects … and more
Jeniwilliams

Jenifer Williams has been promoted to vice president, residential mortgage sales at Merrimack County Savings Bank. She was previously the Merrimack’s mortgage loan originator for southern New Hampshire based in the Hooksett office on Londonderry Turnpike.

The Seacoast Board of Realtors reports that April sales of single-family and condominium units in on the Seacoast

took an expected hit from the coronavirus pandemic. Single-family sales in 13 communities totaled 68, the slowest April since 2013 and 13.9% lower than the March total. Inventory stood at a record April low (215 units), and pending sales were at their lowest level since 2011. The monthly median sale price of $505,000 was 8.7% higher than last year.

Condo sales were the slowest since 2015 and down 29% from March, the Realtors reported. But year-to-date sales totals remain 8.2% ahead of 2019 with a median sale price up 14.8% from last year at $350,000. There were 41 pending sales for the month, a drop of seven (14.5%) from March.

Philip Trombley, a licensed professional land surveyor in Maine, has joined the staff of TFMoran’s Seacoast division. He has 10 ten years of experience in project management and as a crew chief in boundary, topographic, condominium, shoreland development and construction surveys.

Tilton-based Pike Industries Inc., recently donated aggregate materials to Lakes Region General Hospital in support of the hospital as it deals with the coronavirus pandemic. ‘We produce construction aggregates, and this is just a small way that we can show our support to our neighbors at LRGH,” said Pike President Barry Duffy.

Brookstone Builders Inc., Manchester, has been awarded a renovation project by St. Mary’s Bank that involves the complete interior and exterior renovation of a former bank building located at 4 Northwest Boulevard in Nashua. With a target opening date in the July timeframe, the new branch will feature an open concept layout similar to other St. Mary’s locations. Mark Brockelman is Brookstone’s project manager, and Curt Lauer is the project’s architect.

The sale of the 4,365-square-foot salon/apartment building at 581 Maple St., Manchester, has been announced by Mike Reed of Stebbins Commercial Properties. Reed represented the seller, Elli Demetriou, and Des Rochers Real Estate Professionals represented the buyer, Maple Street LLC of Manchester. According to the Registry of Deeds the sale price was $312,000.

The NH Preservation Alliance has handed out its annual awards to seven individuals and in recognition of their work on rehabilitation and restoration projects and planning initiatives.

Winners are:

  • Carolyn W. Baldwin for outstanding leadership and contributions to the New Hampshire preservation movement.
  • Bill Bartlett for the rehabilitation and re-use of the Plaistow Depot.
  • Historical Society of Cheshire County for restoration and rehabilitation of the Wyman Tavern and the Bruder House.
  • Prescott Farm Environmental Education Center and Samuel P. Pardoe Foundation for the stewardship of Prescott Farm, Laconia.
  • Wolfeboro Girl Scouts FIRST Lego League Team for outstanding advocacy.
  • Arnold M. Graton for outstanding leadership and contributions to the New Hampshire preservation movement.

“We welcome this opportunity to recognize outstanding projects and inspire others with these examples,” said Executive Director Jennifer Goodman. “These are the kinds of places we can’t imagine New Hampshire without, and we want to recognize the people who have worked to save and revive these landmarks.”

Categories: News, Real Estate & Construction

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