Search results matching tag 'real estate market Windham NH'

Pending Home Sales Windham NH

27354 — Mon, 02 Mar 2009 20:28:00 GMT

Real estate sales in Windham New Hampshire were off to a slow start in 2009. Altogether 4 homes joined the exclusive list of real estate under contract and only first two sales closed in January of this year.

57 Bear Hill Road, Windham, NH 03087 --------------------------------------- $664,900

4 Bedrooms 3 Total Baths 4,009 SqFt .87 Acres Built in 2007

Motivated Sellers! Private custom built home with more features then we can list! Why wait for new construction? Two gas fireplaces, wood, granite, berber, marble bath, master suite with sitting room, finished lower level to die for! 4 bedroom septic

1 BUCKHIDE ROAD, Windham, NH 03087 ---------------------------------------- $599,900

4 Bedrooms 3 Total Baths 3,500 SqFt .69 Acres Built in 2008

CLARKE FARM ESTATES - Beautiful new 4 bedroom home by Chris-Sco Corp under construction on a gorgeous corner lot. Features 9' ceilings, hardwood on most of 1st floor + turned staircase,Also includes 3 garages,sunroom,oversized moldings, granite count

6 Horseshoe Road, Windham, NH 03087 ------------------------------------------ $379,900

5 Bedrooms 3 Total Baths 3,498 SqFt 1.8 Acres Built in 1985

Home for the extended family with Apt and own entrance. Kitchen with granite counters, lots of wood flooring and tile. An in ground pool for the hot summer on a beautifully landscaped, private lot. Currently 3BR septic; design on file with town for 5

7 Emerson Road, Windham, NH 03087 ------------------------------------------ $249,900

2 Bedrooms 1 Total Bath 864 SqFt .34 Acres Built in 1970

Waterfront ranch on peaceful Rock Pond with gorgeous view, great level lot w/ 100+/- waterfront. Fireplaced living room. Sliders to big deck overlooking the pond. New Windows, vinyl siding, roof. See plans and deeds for R.O.W. info., site assessment

In February 6 more homes joined the ranks of pending homes sales in Windham New Hampshire, none of them closed yet.

8 Red Fox, Windham, NH 03087 -------------------------------------------------- $459,900

4 Bedrooms 4 Total Baths 3,372 SqFt 1.4 Acres Built in 1993

Stunning Colonial located on priv. cul de sac featuring a HUGE kitchen overlooking 17x23 FR w/fireplace & palladium window.4 large bedrms w/plenty of closets, mastr w/bath. Unbelievable finished LL w/office,theater area, 7' wet bar. All amenities.. i

16 Longmeadow, Windham, NH 03087 -------------------------------------------- $469,900

4 Bedrooms 3 Total Baths 3,300 SqFt 3.49 Acres Built in 1998

10 Yr Young Windham Colonial. 3.5 acres on Cul-De-Sac. Breezy Screen Porch w/view of Private yard, In-ground Pool. Granite counters, Red Birch Kitchen, Walk-in Pantry, Lg Farmer's Porch, Upgraded Woodwork-Crown moldings, Wainscotting, Tray ceiling. F

242 Range Road, Windham, NH 03087 --------------------------------------------------- $249,900

3 Bedrooms 2 Total Baths 1,632 SqFt 1.5 Acres Built in 1986

Spacious 3-bedroom, 2-bath Gambrel on 1.5 acres. The upstairs family room could also be used as an in-law guest suite. Master bedroom with full bath, eat-in kitchen, deck, private backyard and lots of hardwood flooring. Perfect for first time home bu

13 Ministerial Rd, Windham, NH 03087 ---------------------------------------------- $259,900

4 Bedrooms 2 Total Baths 1,200 SqFt .47 Acres Built in 1980

Here's your chance to own a SUNNY & BRIGHT 3- Bed yr-rnd HOME W/ BEACH & BOATING RIGHTS @ COBBETS POND! NEW LEACH FIELD & FURNACE! OPEN CONCEPT KITCHEN/LIVING AREA WITH CATHERDRAL CEILINGS AND UPDATED APPLIANCES, FLOORING, & PAINT. PARTIALLY FIN LL,

6 Woodvue Road, Windham, NH 03087 ------------------------------------------------- $349,900

4 Bedrooms 3 Total Baths 2,657 SqFt 1.1 Acres Built in 1979

Nice Fannie Mae Property. Easy commute location. New eat in kitchen open to dining room. New updated baths w/ tile. New lower level with 3 rooms, mutiple use possiblities, full walk out . Spacious bedrooms, master suite w/lrg custom tile shower. Wood

49 East Nashua Road, Windham, NH 03087 --------------------------------------------------- $335,000

4 Bedrooms 2 Total Baths 2,016 SqFt .98 Acres Built in 1973

VERSATILE & COMFORTABLE FLOOR PLAN. QUIET AREA IN WALKING DISTANCE TO THE COUNTRY CLUB. MOVE IN CONDITION WITH LITTLE MAINTENANCE REQUIRED! HOME THEATER SPEAKER SYSTEM INCLUDED. FOUR GOOD SIZED BEDROOMS ALL ON TOP LEVEL W/RENOVATED BATH. NEWER ROOF &

In 2008 there were 10 homes pended in January, 3 in February and 14 in March, an average of 9 homes / month going under contract in Windham NH. In 2009 the first two months of the year produced a total of 10 homes pending, one more than the monthly average a year ago.

At this rate of 5 homes sales per month it would take 23 months to sell the current inventory of 116 active listings in Windham NH. Hope for an early spring that may unfreeze the credit markets!

Windham Life Magazine: Buying a home? Take your pick.

27354 — Tue, 31 Jul 2007 20:27:00 GMT

Buying a home? Take your pick

By Amylynne Baker-Santagate
WindhamLife Writer

Around every corner it seems there am more and more houses for sale in town. On Kendall Pond Road four homes within a mile went up for sale within just a few weeks of each other. Many are wondering what is happening with the market and Windham in particular.

"The market is stable and secure in Windham. Houses are selling; it's just that they are taking longer to sell" explained Windham resident Janos Kovacs of Prudential Verani Real Estate.

"Windham is actually very fortunate because there is a broad area of price ranges available, where in Londonderry the majority of houses are in one price bracket. For example, Windham has approximately 30 to 35 houses available in hundred thousand ranges from $300,000 up to $700,000 where Londonderry has one large spike in their listed homes in the $300,000 to $400,000 range."

Regionally, Windham continues to have many of the most expensive homes. The highest price home in Windham is a $1,936,000 home on Heritage Hill; the most expensive home in Hudson is $679,000 and the highest price tag in Londonderry is $749,900.

"There are also seasonal trends," says Janos. "Listings always increase in the spring. The monthly total of new listings is about the same as it always is for this time of year."

With the exception of Salem and Derry, Windham has more homes on the market than any surrounding town.

While the numbers change daily, one recent July day saw 184 Windham single family homes for sale, not including condos and For-Sale-By-Owners (FSBO's). Only the more populous Salem and Derry had more with 218 and 243 respectively.

It's an extraordianary difference from Atkinson where just 47 homes are for sale.

Paul Redmond of ERA Masiello in Windham explained that new construction makes the difference.

"Atkinson has a smaller amount of new construction. In Windham there are 67, versus three in Atkinson," he says. "It wouldn't shock me to find that there are 150 buildable lots in Windham. They've approved a lot of stuff."

"The market is definitely slower. Things are picking up, but there's an over-abundance of properties (for sale) in this town," says Paul, a 23-year veteran of real estate. "Homes have to be priced right. This is my third re-adjustment of the market. Prices were artificially high. The national Association of Realtors says prices will stop dropping off by the middle of next year."

And while it is a buyer's market Janos says, "The sellers need to take a deep breath, be patient, and say to themselves `No, I don't have to give it away.' Buyers have a lot to choose from, and sellers really need to be serious about selling. They have to be willing to hang in there for six months or in some cases a year."

"On the other hand, houses are being sold faster for the sellers who price their houses aggressively. A seller who can't wait should look at the price range they are in and price accordingly. There are quick sales out there. It can be done."

In May of 2007, 24 houses in Windham were sold compared to the 14 that were sold in May of 2006.

There are three trends as to why people are buying and selling in town, according to Janos. "First, local families from Windham are moving to bigger homes in Windham. Generally they have children and want to stay for the new high school," says Janos. "They are selling one home in town and purchasing another. They also are the ones most immune to slow/small changes in the market, because they are on both sides."

"Second, there are the older generations without young children. This group is often deciding to live up North, buy a condo or buy a place in Florida. Third are the buyers who continue to relocate from Massachusetts and other parts of the country. New Hampshire is becoming a more and more popular place to live.

Realtors who spoke with WindhamLife agree the downside of Windham's market began in the fall of 2004, but at the same time this has created a much more balanced and stable market in the town market over the years.

"We're actually right where we should be," says Janos.

As the prices of homes slid, mortgage rates rose. But not sharply.

Says broker Debbie Mackenzie of Windham, "People get nervous when they see mortgage rates are up a bit, but historically they are still at a low. This is the best time to buy. Most sellers don't want to see their homes on the market in the winter. I know people are waiting for the prices to go lower, but they won't stay low much longer."

Single family
homes for
sale on
July 16, 2007

Pelham 130 Plaistow 37 Hampstead........82
Atkinson	47
Hudson	143
Londonderry .'.^T....	165
Derry	243
Windham	184
Salem.	218

Adopted by permission from WindhamLife Magazine, August 2007