Windham, NH Real Estate News

By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Windham, New Hampshire Active Adult Communities Conveniently located just ten minutes east of Nashua, Windham New Hampshire sits very close to the largest city in the Granite State, Manchester, but still maintains its quiet country appeal.  With easy access to Routes 93 and 101, Boston is a mere forty minutes to the south, the seacoast lies less than an hour east and recreation at New Hampshire's largest lake, Winnipesaukee, less than an hour to the north. Windham offers many styles of adult community condominiums for sale including garden style condos, multi floor townhouse and detached single family style homes. Each home and each development has it’s own unique style and flair. Windham has active adult living communities just waiting for you to move into. Some of these include Hadlei...
Comments 2
By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
In my years in Real Estate I've come across this question a lot from both Buyers and Sellers, and it is a very important question when determining who you hire. Most people I believe feel that it is when a Seller is going to place their house on the market that questions should be asked, but that is not true when you are a Buyer it is just as important to question every Realtor. Here are some points I believe should be always asked when determining who you want to represent you: How long have you been in the business of Real Estate? This is a very important question since it will lead you into other questions, depending on how long they have been a Realtor. If the person is new to real estate then you will want to way what office they are at very heavily. Is the office well known in you...
Comments 0
By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
The end of the year has come for the Town of Windham and a new one has started. How did the Town fair this past year when it comes to Selling homes within the Town, the answer lies with the absorption rate. In previous posts I have explained that the absorption rate for a Town is simply the amount of time it will take for the market to absorb the current inventory of property that is on the market. Most Realtors agree that an absorption rate of over 6 months places you into a Buyers Market, one that is below 6 months places you into a Sellers Market.  The Town of Winham experienced ups and downs with its rate, going from highs of over 10 months to its lowest number of 7.87 months in September. The end of 2008 showed that the Town is still struggling with a rather strong Buyers Market. T...
Comments 0
By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
The Town of Windham has been in the grip of a Buyers Market for well over two years now, and if you are selling your home you are painfully aware of this. As of recently though some good news is coming Windham's way. Before I go into stats and figures I want to explain what the term "absorption rate" means. When Realtors refer to the absorption rate for a Town or County,what we are talking about is the amount of time it will take for property currently on the market to be absorbed up (sold). Historically, if the absorption rate being looked at is below "6" the market is viewed as being in a Sellers favor. This is because it will take under 6 months for a property to be sold, ideally a Sellers market occurs when the absorption rate is somewhere around 3-4 months or lower. The higher the ...
Comments 0
By William Moore
(Innovative Realty)
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?As of today January 6th, there are 120 Residential Homes for sale in Windham, NH.For the month of November 11 Residential Homes sold.So, taking the 1 month sales of 11 units for December, and dividing it into the total inventory of 120 we get 10.91.That number 10.91 represents the theoretical number of months of inventory that is currently on the market in Windham.  A true Sellers Market would be indicated by less than 6 months of inventory.  10.91 indicates that a buyers market exists in Windham.  It is an improvement over last month at 15.66 but it still a very strong buyers market nonetheless.Different conditions may exist at different price points.  Stay tuned ...
Comments 1
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?As of today Dec 1, there are 141 Residential Homes for sale in Windham, NH.For the month of November 9 Residential Homes sold.So, taking the 1 month sales of 9 units for November, and dividing it into the total inventory of 141 we get 15.66.That number 15.66 represents the theoretical number of months of inventory that is currently on the market in Windham.  A true Sellers Market would be indicated by less than 6 months of inventory.  15.66 indicates that a buyers market exists in Windham.  Different conditions may exist at different price points.  Stay tuned for more analysis as we dig deeper into the mysteries of the Real Estate Market and how to make well inform...
Comments 0
By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
This update is for activity from January 1, 2006 thru Novmber 25, 2006.There are currently 164 Active Residential homes for sale. Average list price of $ 616,297. and currently they are on the market for 187 days. There are 21 Pending sales that average $ 432,400 and have been on the market 138 days. There have been 151 Sold listings with an average list price of $ 543,789 and an averaqe sold price of $ 534,758 and 191 days on the market. There are 43 Active Condos on the market averaging $ 351,680 with 161 days on the market. There are 7 Condos that have Pending sales and are averaging 167 days on the market. There have been 31 Condo sales with an average list price of $ 357,482 and a closed sales price of $ 361,898 with a 155 days on the market . The list price to sales price is high...
Comments 0
By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
Wandering through Windham New Hampshire  You’ll discover a quaint border town offering just about every amenity you could want.   Windham is a town rich in history it was settled in 1719 by Scottish immigrants and encompassed by the towns of Derry and Londonderry until 1742, when Governor Benning Wentworth granted their request and the Town of Windham was incorporated. Windham consists of 27.2 square miles and has a population of 13,000 +/- and is home to the well laid out golf course The Windham Country Club and the smaller par 3 Applewood Golf Links.  Windhams location is ideal for the commuter with easy access to I 93 and Route 28 in Salem.  Within an easy drive to many local attractions including Canobie Lake Park, Rockingham Park, Americas  Stonehenge, Searle’s Castle which is a w...
Comments 0