MLScast

January 23, 2009

NH home sales 2007-2008

Windham New Hampshire real estate listings, market trends of houses for sale vs. homes sold. Statistics are based on NNEREN listing data. Average sold price in 2008 vs. 2007 dropped 7.2% while the per sqft price changed -9.9%. Sold in 2008: 140 single family homes in Windham, NH real estate market appears to be robust relative to the wider Boston area.

prices of Windham real estate for sale and homes sold in 2008

prices of Windham real estate for sale and homes sold in 2008

Number of homes for sale in Windham NH vs. sold and pended.

The number of home listings in Windham NH has significantly decreased on a per month basis. In 2007 active real estate listings in Windham New Hampshire varied between 80 and 150 while it fluctuated between 80 and 110 in 2008. The trend line of pending and sold homes by Windham NH realtors was flat over the past two years. See more trend charts here…

Table 1: prices ranges of Windham properties for sale and homes sold in 2008.

Price range                            single family homes Windham NH

sold                         for sale
200,000 – 249,999                    11                                6
250,000 – 299,999                    14                                6
300,000 – 399,999                    25                            23
400,000 – 499,999                    31                            33
500,000 – 549,999                    19                            12
550,000 – 599,999                      8                             12
600,000 – 699,999                    12                               8
700,000 – 799,999                     5                               6
800,000 – 899,999                      4                               3
900,000 – 999,999                      2                               2
1,000,000 +                                   2                               2
Total                                             140                            117

In 2008 nearly half of the real estate listings in Windham NH spent over 6 month on the market, while third of the homes sold in less than two months. It appears that when a house is priced right it sells quickly. Is Windham a real estate heaven in the doom and gloom of the New England housing market?

Days on the market of homes in Windham NH 2008.

DAYS ON MARKET      Single Family            Condo
0 – 30                                           28                             3
31 – 60                                         26                             3
61 – 90                                            9                             3
91 – 120                                       13                             3
121 +                                            64                           13

How good is the Windham NH real estate market?

While the listing price is trending lower, the actual sale price of homes in Windham New Hampshire is relatively flat over the past two years.

Monthly average price of homes for sale and sold homes in Windham NH

Monthly average price of homes for sale and sold homes in Windham NH

What is the best month to sell? It looks like home sellers get the highest price in March and September. Since there is a two month delay between putting the house on the market and the actual sale, list your house in January or early summer.

List vs sold price of Windham NH houses

List vs sold price of Windham NH houses

The active listing price has dropped nearly 10% over the past year and close to 14% since 2006. At the same time sold prices of Windham NH real estate decreased only 7.2% and 6.4% respectively. Is this a collapsing real estate market? Not in Windham!

1 Comment »

  1. Windham New Hampshire properties have held their value, as many of the Windham NH homes for sale  are unique. MLS listings of [...]

    Pingback by Real estate Windham NH values « Windham New Hampshire — February 9, 2009 @ 6:19 pm


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