Windham NH Real Estate: Market Trends of New MLS Listings

New Hampshire real estate market news, Windham NH: The number of real estate listings of single family homes for sale in the Windham MLS decreased to a total 390 in 2006 versus 418 in 2005. The average list price of homes for sale increased to $577,965 from $534,353. These statistics include all residential homes but exclude condos, land and multiple-family properties in Windham New Hampshire. The real estate transaction information is based on the database of all homes listed in the Multiple Listing Service (MLS), and does not include any houses offered for private sale.

by Janos Kovacs, MSEE, Real Estate Advisor, Prudential Verani Realty

Windham NH real estate: monthly listing volume of MLS homes for sale.

The supply side of the real estate market is best characterized by the number of newly listed homes per month. This influx of just listed properties confirms the well-known seasonality of the real estate market in New England. The data under investigation spans two years.

click to see Chart of MLS Listing Volume in Windham NH

Both in 2005 and 2006 the MLS listing activity in Windham was at its lowest in December with 12 homes listed in 2005 and 13 in December of 2006. After the cold months of January and February, the number of properties entering the market increased in early spring and reached its first peak by May. In March, April and May of 2005 a total of 126 properties were listed compared to 125 in 2006. Due to a relatively mild winter in 2006, the market had an earlier start and in March 50 houses came on the market versus 30 a year before in Windham.

After a brief lull in the summer, the number of new listings in Windham formed a second peak in July and August; in these two months 84 homes were listed in 2005 and 80 in 2006. As the holidays were approaching, listing activity tapered off to a total of 68 in October, November and December of 2005 and 69 in 2006.

Windham real estate market trends: monthly average of list prices.

While the total number of homes listed in Windham New Hampshire decreased in 2006, the average list price has increased to $577,965 up from a year ago. In a market widely perceived as weak, sellers and listing agents in Windham have maintained their optimism and typically set their asking price 3-8% higher last year than in 2005.

click to see Chart of MLS listings in Windham NH in 2005-2006

Over the span of 2005 – 2006 the monthly average listing price has fluctuated between $475,000 and $611,000 (discarding outliers). This +/- $68,000 variation is mostly due to the random distribution of the homes listed in a given period; in some months more high-end properties go on the market than in others.

Overview of the New Hampshire real estate market: summary of MLS listing activity of houses for sale in Windham NH.

In 2006 the supply side activity of the real estate market in Windham New Hampshire has stayed flat relative to 2005. Listing prices have leveled off, while the total number of homes listed has slightly decreased compared to the previous year.

More information on Windham New Hampshire real estate:

WCTV Channel 21: MLScast TV show

To see more market information on Windham NH real estate; watch the MrJanos MLScast Show on WCTV Channel 21.

The program covers market trends and statistics of real estate in Windham, Salem, Londonderry and Derry New Hampshire. It also provides helpful hints and tips for home sellers on maximizing their sale price and timing the sale of their property in Southern New Hampshire.

Resources for Windham NH home sellers: Windham.HomePricesNH.com

Search home sale prices in NH around any address. Find trends of sold house prices in New Hampshire by zip code. Read home seller tips, guides to selling your house in NH, free reports. Request an on-line home evaluation; free CMA market analysis of homes in Southern New Hampshire.

Updated Antique Home for Sale in Manchester NH: close to Derryfield Country Club, Lake Massabesic

Real Estate for Sale, Manchester NH, New Hampshire: Customize this antique home – seller is willing to make further improvements to meet your needs at additional cost. Imagine the possibilities: bigger garage, finished bonus room, farmer’s porch, deck, brand new kitchen?

This 2-3 bedroom cape is situated in a small 6 home subdivision of upscale $300-350k detached condos abutting green space (download subdivision plan).

The house is freshly painted and new Berber carpeting was just installed on the first floor. A central vacuum system and a 1st floor laundry make housekeeping a breeze.The property boasts a 24×27 feet extra deep 2 car attached garage with an unfinished bonus room above. The garage has direct entry from the side and towards the large, private backyard. A breezeway with a sauna connects it to the main house.

In addition to the front entrance with granite steps to the living room, the house can be entered through a side entry off the driveway, as well. A small anteroom leads visitors into the spacious kitchen with tiled floors, counter tops and backsplash. The eat-in dining area is open to the adjoining formal dining room with a bay window and built-in bureau.

Most architectural features of this antique home have been preserved; tray ceilings, exposed beams and a built-ins provide charm and create a warm atmosphere. The kitchen, dining room and living room span the full width of the house, providing a spacious open feel that is not usually expected in homes of this age.

The staircase from the living room leads the way upstairs to a well-proportioned bedroom in the front and a large master bedroom suite in the back. Dormers on either side increase ceiling height and bring in additional light. Most windows face East, South or West, which makes this home quite bright and energy efficient.

The master bedroom opens into a 14×11 nursery/sitting room/den in the back, both rooms have built-in closets and share a bathroom. The upstairs living space could also be set up as two bedrooms (one in the front and one in the back) and a large family room in between.

Low maintenance vinyl siding and replacement windows assure care-free living here. Newly installed granite steps, shutters add to the curb appeal of this property.

A private backyard with above ground pool creates tons of opportunity for summer fun in addition to limitless recreational activities nearby: golf, trails and boating, fishing at Lake Massabesic. Other attractions within walking distance include Stevens Pond Park, Derryfield Country Club and Massabesic Yacht Club.

click for Visual Tour