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

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

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

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!

New Hampshire Home Values: Londonderry Homes for Sale, MLS listings trends

NH house values, Londonderry NH real estate trends: 431 single family homes were listed in Londonderry NH in 2006 vs. a total of 305 houses in 2005. The average list price increased by 5.9% from $359,054 in 2005 to $380,480 last year, while the supply of homes for sale jumped by 41% relative to 2005.

These numbers include all residential homes but no condos, land and multi-family properties in Londonderry New Hampshire. The statistical information of real estate activity is based on the Multiple Listing Service or MLS  listing activity only and excludes any private sales of homes in Lodonderry.

by Janos Kovacs, MSEE, Realtor and real estate agent of Prudential Verani Realty.

Londonderry NH real estate: monthly listing volume of homes for sale in the MLS

New listings activity in 2006 was off to a feverish start: by the end of March 104 homes were listed, nearly double the 58 houses entering the market by March of 2005. This pace of inventory build-up of homes for sale continued unabated: in June, July and August of last year 140 houses came on the market, compared to 102 properties during the summer of 2005.

 

 

During the normally quiet summer vacation month of July a record 52 homes were listed in 2006 vs. 29 houses in 2005. As usual, during the fall and winter month listing activity tapered off to an average 26 homes per month.

Londonderry NH market trends: monthly average of listed house prices

While the total number of homes listed in Londonderry New Hampshire went up dramatically, the average list price (this is the asking price and not the sold price) increased to $380,480 up by about $20,000 from $359,054 a year ago.

In a real estate market generally viewed as in the buyer’s favor, this is surprising. In Londonderry a healthy new construction activity was the overriding factor in keeping home values up. The average list price of a new construction home increased from $404,076 in 2005 to $425,959 in 2006.

Summary of MLS listing activity of houses for sale in Londonderry New Hampshire:

In 2006 the supply side activity of the real estate market in Londonderry NH took a dramatic upturn. Listing prices increased by 5.9% while the total number of homes listed in 2006 jumped to 431 single family homes, a 41% increase over 305 in 2005.

Londonderry NH home seller resources: 1-2-3.HousePricesNH.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.

More information on real estate in Londonderry NH:

LACTV Channel 20: MLScast TV show

To see more market information on Londonderry NH real estate; watch the Mr.Janos MLScast Show on LACTV Channel 20.

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.

 

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.