The average sold price was $429,364 which is nearly identical to Q1 of 2008.  Four properties were in foreclosure, one in a short sale situation, which amounted to 20%  or 1 in 5 destressed properties among the 25 sold. Only 2 of the Windham NH real estate transactions involved new construction homes. Three out of five properties or 15 listings had substantial price reductions before they went under contract.

Prudential Verani Realty was the listing agency of 8 sold homes, respresenting a 32% market share of closed sales in Windham New Hampshire.

4 Bedrooms 3 Total Baths 3,704 SqFt 1.19 Acres Built in 2005

Better than new Castle Reach Colonial. 4 bedroom with upgrades you haven’t found in the others. Hardwood straight through and a unique layout. Dramatic features including cathedral ceilings, archways and 2 story foyer. Spectacular master bath pushes

4 Bedrooms 3 Total Baths 3,734 SqFt 1 Acres Built in 2005

Come home to Windham..Stately,brick front,4 Bedroom Colonial with three car attached garage. Grand two story foyer leads to large kitchen with oversized island,cherry cabinets,granite and ss appliances-perfect for entertaining.Three fireplaces.Master

4 Bedrooms 3 Total Baths 3,556 SqFt 1.01 Acres Built in 2008

UNRIVALED PRICE REDUCTION! Model home ready to move into now, refreshingly different floor plan The Bradford 2nd floor open to both foyer and 2 story family room with fl to ceiling fireplace. Beautiful sunroom off large eat-in kitchen with cherry c

4 Bedrooms 4 Total Baths 4,889 SqFt 2.48 Acres Built in 1990

It’s about lifestyle and luxury..& FREE heated pool with jacuzzi and waterfall included with this absolutely custom house! View new updates! Private back yard,walkout basement with 2nd kitchen suitable for in-law apt.has half bath! Enjoy an easy comm

4 Bedrooms 4 Total Baths 4,982 SqFt 5.1 Acres Built in 2005

Castle Reach, like new, never lived in! Long driveway w/home sitting back from road giving privacy. Large 2 story foyer, turned staircase, maple kitchen cabinets, granite counters, island, hdwd, tile, gas fpl, master suite, 2nd flr w/3 full baths, pa

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 &

4 Bedrooms 2 Total Baths 2,100 SqFt .92 Acres Built in 1975

4 bedroom 2 full bath home in move in condition. Home features x-large deck with 3 season porch, 1 car garage, gleaming hardwood floors, large eat in kitchen, fireplace, vinyl windows, pull down attic storage and large level open yard in private sett

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

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

3 Bedrooms 4 Total Baths 2,443 SqFt .74 Acres Built in 1890

Rarely is such a unique prop. offered for sale in So. NH. The combination of Antique detailing, quality amenities, picturesque setting borders Beaver Brook & Andrew Town Forest. All of the above plus advantage of easy access to I-93 w/the Seacoast, M

1 Total Bath 1,135 SqFt .27 Acres Built in 1946

Waterfront 50+- feet Cobbetts Pond, seasonal camp, great potential. 2nd flr w/ 4 rooms & partial walls, 3/4 bath does not have a toilet, 1/4 bath first flr, knotty pine LV & KT, porch, nice view of pond. Sold AS IS

3 Bedrooms 2 Total Baths 2,023 SqFt .77 Acres Built in 1972

Pristine updated home located on a private lot in a subdivision minutes from Exit 3 on I93. Fully appld kitchen w/granite tops & tile & H/W flrs,2 fireplaces, master w/bath, C/A, security & sprinkler systems. Newer leach field, roof and furnace. Shed

4 Bedrooms 3 Total Baths 3,248 SqFt 2.37 Acres Built in 2007

-The Cole 3248s/f colonial 4 br, 2.5 baths 3 car gargage under with sunroom.

4 Bedrooms 3 Total Baths 3,607 SqFt 2.2 Acres Built in 2003

Just Reduced and a Super Buy! Many UpGrades Including the New Hot tub on the new Trex Extra Lrg Wrap Around Deck. Staninless & Granite Kitchen, Hardwood & Ceremic Tile Floors thru-out.Look out on the Private Backyard from your Beautiful Sunroom w/ Fr

1 Bedroom 1 Total Bath 952 SqFt .11 Acres Built in 1941

Rustic Rock Pond waterfront! Previously occupied year-round. Home needs new roof & some cosmetics inside. Nice updated kitchen. Lots of windows & light in living room, which overlooks the water. Peaceful, quiet setting. No motor boating allowed. Fan

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

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

4 Bedrooms 3 Total Baths 3,250 SqFt 3.45 Acres Built in 1999

Stunning “Bear Hill Estates” Contemporary Colonial Offers: Two Story Foyer, Master Bdr. w/Priv. Bath, Jacuzzi and Bonus-Rm, Open Eat-In Kit. w/Corian Counters, XL Screened Porch, Deck, Front-To-Back Family-RM w/Stone FP, Formal Dining-RM, 1st Flr. Of

3 Bedrooms 3 Total Baths 2,280 SqFt 5 Acres Built in 1978

Buy this 5 acre lot that could possibly be sub-divided!A LOT of LAND for the money!This multi level, 3BR, 3BA home has great potential in a country setting.IG pool,stone patio w/pool house,3 car detached garage,2 fireplaces,Master w/private bth,walk-

3 Bedrooms 3 Total Baths 2,172 SqFt 11.43 Acres Built in 1995

Affordable Windham 3 bedroom colonial with 11+ acres on cul-de-sac. Private setting minutes to schools, stores and highways. Gleaming hardwoods, fieldstone fireplace, solid wood six panel doors, 2-story foyer and well-crafted staircase. Unique opport

3 Bedrooms 2 Total Baths 1,920 SqFt .34 Acres Built in 1951

“RENOVATED” SEASONAL RANCH WITH ROW TO COBBETS POND..PRIVATE BOAT LAUNCH W/BEACH. OPEN CONCEPT W/VAULTED CEILINGS,FINISHED BASEMENT,WRAP AROUND DECK. “SUBJECT TO THIRD PARTY APPROVAL”

3 Bedrooms 2 Total Baths 2,502 SqFt 5.46 Acres Built in 1993

Ranch style home with farmers porch on over 5 acres. Kitchen and dining area offer vaulted ceiling with skylights and slider to deck. Basement finished with kitchen, 1/2 bath, bedroom and living area. LL sq ft is estmated. (unknown if legal or not).

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

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 17×23 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

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

related:

Windham NH Price Reductions

Homes for sale in Windham NH

Real estate trends Windham NH

Currently there are 140 homes for sale in Windham New Hampshire, therefore the number of price reduced homes amounts to about 14-15% of the total real estate listings in March.

The average magnitude of the price reduction was 2-3% of the list price. Whenever the sale price is reduced it kindles renewed interest in these homes, as a result a few of them went under contract.

These 20 Windham NH properties had their price reduced in March… Click for current List

7 Pilgrim Road, Windham, NH 03087

$199,000

3 Bedrooms  1 Total Bath   960 SqFt  .92 Acres  Built in 1982

Quaint Ranch on nicely landscaped lot w/fenced in backyard on cul-de-sac street. Open concept kit & fam rm is great spot for entertaining. Fam rm is bright & cheery w/doubler windows & dr. Full bath w/tile flooring, pedestal sink, 3 bdrms and potential to finish LL. Short Sale subject to lender approval.

55 BEAR HILL ROAD, Windham, NH 03087

$479,900

4 Bedrooms  3 Total Baths   2,800 SqFt  .9 Acres  Built in 2008

BEAR HILL – DRIVE UP THE DRIVEWAY OF THIS CUL-DE-SAC LOT FLANKED BY HAND LAID ROCK WALLS TO A HOME WITH BEAUTIFUL VIEWS, HARDWOOD & TILE FLOORS, GRANITE KITCHEN, STAINLESS STEEL APPLIANCES INCLUDING FRIDGE & 4 YR EXTENDED WARRANTY, EXQUISITE MASTER WITH HIS&HERS WALK-IN CLOSETS, WHIRLPOOL BATH & SEPERATE WATER CLOSET. UNFINISHED WALK UP ATTIC

77 Londonderry Road, Windham, NH 03087

$299,900

3 Bedrooms  3 Total Baths   1,728 SqFt  2.08 Acres  Built in 1992

This listing is no longer availableNot a drive by!! Must be seen. Priced to sell at 79K below assessment. 3 bdrm, mstr bdrm with walk-in closet & 3/4 bath, 2nd & 3rd bdrms with walk-in closets, kitchen w/oak cabinets & tile floor. Frt to bk living room with new hardwood floors, new h

12 Osgood Street, Windham, NH 03087

$589,900

4 Bedrooms  3 Total Baths   3,472 SqFt  3.71 Acres  Built in 2003

Builders Pride of Ownership! Strikingly appointed Colonial sits on 3.71 acrs & abuts Conserv. land w/a great wooded back drop for ultimate privacy. For. landscpg w/ brk walkway & Granite steps to formal entry, sets tone for entire home. Elegant chandelier, hdwd fl, turned stair & molding & 2 story foyer.Gourmet Kit. w/Gran.Isl & so much more!

5 Turtle Rock Rd., Windham, NH 03087

$369,950

3 Bedrooms  2 Total Baths   1,666 SqFt  2.06 Acres  Built in 1978

NEW WINDOWS; front-to-back master;pulldown attic stairs; NEW maple kitchen&Granite counters, some new HWfl’s; new paint outside & interior trim.FP fam.rm; formal din.rm;large screened porch plus deck; lake views; 1 mile from town beach;circular drive;MUST CONFIRM SHOWINGS –2 DOGS !

232 Range Road, Windham, NH 03087

$209,900

3 Bedrooms  1 Total Bath   1,276 SqFt  .96 Acres  Built in 1962

Motivated Seller – Make an Offer. Warm and inviting Ranch style home awaiting a new owner. Showcasing impressive gardens equipped with well. Hwd flooring, converted breezeway with its own heating source. Oversized one car garage. Newer roof and windows.

1 Bell Rd, Windham, NH 03087

$124,900

3 Bedrooms  2 Total Baths   1,555 SqFt  .76 Acres  Built in 1964

This listing is no longer availableROW to Cobbetts Pond, open concept home with 3 bedrooms 1.5 baths. Great commuter location, right of highway. Property needs work and is sold as-is as-shown.

9 Twin Street, Windham, NH 03087

$399,500

4 Bedrooms  3 Total Baths   2,512 SqFt  4 Acres  Built in 2001

Super Windham Colonial in quiet,convenient subdivision. 8 yrs young. HUGE kitchen. Lots of Hardwood. Impressive family rm – cathedral ceiling, palladian window, fireplace, Pellet stove. Central air. Master suite w/full bath, walk in closet. LL walkout & daylight window, LL bath possible. Irrigation system. Home warranty. 4 acres may be subdividable

8 Faith Road, Windham, NH 03087

$399,900

4 Bedrooms  3 Total Baths   2,780 SqFt  1.32 Acres  Built in 1988

Need a lot of room? This beautiful hip roof Colonial has it and the location to go with it! Beautiful landscaping and huge back yard deck that runs the entire length of the house! Some wood floors, marble fireplace in LR. FR with skylights and 4 large bedrooms. WOW! Lots of fresh paint–a lovely home! Relo addendums apply.

27 East Nashua Road, Windham, NH 03087

$375,000

4 Bedrooms  3 Total Baths   4,336 SqFt  1.6 Acres  Built in 1988

SHORT SALE! Don’t Miss the Opportunity to Make an Offer. Plenty of Space in This Well Cared for Home – Spacious Kitchen Open to Family Room w/Stone Fireplace,Dining Room,First Floor Office,Fin.3rd Floor,Hardwood,AC,Large Basement for Storage,Deck, Landscaped Lot w/Irrigation. A Home Not be Overlooked! SUBJECT TO 3rd PARTY APPROVAL .

28 Sharon Road, Windham, NH 03087

$257,165

4 Bedrooms  3 Total Baths   2,760 SqFt  1.21 Acres  Built in 1977

This listing is no longer available. Priced way below assessed value. Multi-level home with 4 bedrooms/2.5 baths, newer kitchen, fireplaced living room with hardwood floor, 4 season room off dining room with catherdral ceiling. Info provided is not guaranteed. Great location. Super Pr

1 JOHNSON ST, Windham, NH 03087

$309,900

4 Bedrooms  3 Total Baths   2,160 SqFt  1.04 Acres  Built in 1967

WELL MAINTAINED, UPDATED HOME ON NICE LOT IN GREAT SUBDIVISION. NEW WINDOWS, CARPETS AND PAINT THROUGHOUT, FAMILY ROOM WITH WOOD FP, GREAT MASTER BATH AND SPACE, LOTS OF POTENTIAL HERE! LOTS OF HARDWOOD FLOORS, PANTRY AND LAUNDRY ON 1ST FLOOR, FULL BASEMENT WITH SLIDER TO BACK YARD!

8 WESTCHESTER ROAD, Windham, NH 03087

$624,900

4 Bedrooms  3 Total Baths   3,300 SqFt  1.35 Acres  Built in 1998

Immaculate Custom Colonial in one of Windham’s sought after neighborhoods boasts two story foyer w/ turned staircase. Lovely Open concept floor plan with two story family room offering floor to ceiling fieldstone fireplace, and additional staircase. Private office,Centrl Air, Master Bedroom Suite w/ Sitting area as well as many new upgrades.

33 Glance, Windham, NH 03087

$524,900

4 Bedrooms  3 Total Baths   3,590 SqFt  1.71 Acres  Built in 1999

Young colonial on wooded lot at end of cul-de-sac w/ 2 car under & a 2 car detached garage. 3-season sunroom overlooking private yard with stone walls. Eat-in kitchen with granite counters, center island and lots of cabinets. Sliders to deck. Open floor plan, family room w cath ceiling, marble fireplace. Formal dining room, home office, ABG pool.

16 Osgood Street, Windham, NH 03087

$559,900

4 Bedrooms  3 Total Baths   3,380 SqFt  4.34 Acres  Built in 2008

Built with Higher Standards- This home can be yours in just 30 days! Cherry Kitchen- Granite Counters Throughout- Whole First Floor hardwood- Formal Gas FP in Family room- Whirlpool master bath- Future game room over garage- Daylight walkout basement with rough plumbing- Central AC-Vac- & More. EZ to show!Taxes stated do not reflect 100% complete.

11 Oriole Road, Windham, NH 03087

$384,900

3 Bedrooms  3 Total Baths   2,930 SqFt  1.34 Acres  Built in 1981

-Executive living at its finest! This meticulous home will leave you breathless. Open concept. Newly remodeled kit w/granite counters. 27×24 FMRM for entertaining. Bright Florida RM majestic yard and pool area. Spacious Master w/bath 2nd Master w/bath on LL. This house offers comfort & value Home abutts Golf Course

12(LOT106) CLARKE FARM ROAD, Windham, NH 03087

$509,900

4 Bedrooms  3 Total Baths   3,045 SqFt  .69 Acres  Built in 2009

This listing is no longer availableCLARKE FARM – THE POTOMAC SERIES 3045 sf 4 BR COLONIAL,2 CAR ATTACHED GARAGE FEATURING CUSTOM KITCHEN CABINETS GRANITE COUNTERS,MASTER W/ SITTING AREA,SEPARATE LAUNDRY & 1/2 BATH,OVERSIZED TRIM,CROWN MOLDINGS,CHAIR RAIL,SHADOW BOXES & COLUMNS,HARDWOO

34 Morrison, Windham, NH 03087

$359,900

3 Bedrooms  2 Total Baths   2,847 SqFt  2.02 Acres  Built in 1974

HUGE PRICE REDUCTION -Nearly new everything!!!NEW: windows,roof,heat.system 4 zone,siding, Dramatic Cherry kitchen w/granite countertops/island,4″ hardwood flooring,cath. ceiling recessed lighting,new tile baths,Master suite,2 car att.Gar,ceder decks,12×18 outbuilding Quality throughout ,great Location Builder will consider minor modifications

4 Porcupine Road, Windham, NH 03087

$479,900

4 Bedrooms  3 Total Baths   3,050 SqFt  .69 Acres  Built in 2008

COPPS HILL ESTATES – Beautiful 4 bedroom colonial up and ready for your finsihing touches, Features include 9′ ceilings, cathedral foyer, hardwood staircase & 1st floor, tile baths, gas fireplace, crown molding, brick walkway, master bedroom with hardwood stairs to finsihed 3rd floor office. Great backyard & ready to go

7 Locksley, Windham, NH 03087

$729,900

5 Bedrooms  5 Total Baths   6,596 SqFt  2.41 Acres  Built in 2001

This listing is no longer available. NEW REDUCED PRICE! DON’T MISS OUT! Best Cost Per square foot in town! 7 year old – Open Plan w/3 Familyrms. Finished LL w/separate BR & Full Bath.Freshly Painted Interior, Like new Deck and 4 Season Rm. Newer SPORT COURT and Lrg. Corner Lot. Bright K

related:

Icy Rockingham County NH real estate

Current list of price reductions of Windham NH homes

Selling your house: all the questions that are buzzing through the head of a home owner who feels cornered by this real estate market. There are many home seller guides, tips on how to sell a house on the internet. Some even make recommendations about how to stop foreclosure, how to sell a house short or repairs to sell a house.

Lets start with the basics, step-by-step tips for selling a house:

1. How much did your neighbors house sell for?

You need to learn the most recent sale prices of comparable homes in your neighborhood. For updates sign up for a eNewsletter.

2. What is your home worth? – Get a market analysis of your home.

Realtors do it for free, appraisers will charge several hundred dollars. Is the value less than what you owe? Contact your mortgage holder and initiate the short sale process.

3. How much to spend on house if selling?

Establish a budget for getting your house ready for the market. Hire a stager, a professional who will decorate your house for sale. Hire contractors for any repairs, upgrades that is recommended. Buyers have no tolerance for defects, nor the desire to fix anything, to look beyond obvious shortcomings in a house. Any repair that would cost you X dollars will result in a 3-5 X price reduction in todays market.

4. Best way to sell a house fast. – Hire a realtor to sell your house.

This is not the time for amateurs. Look on the market. How many homes are for sale? Most of them will have a professional and their real estate company pushing, marketing it. Can you do it too? Yes, of course, quit your job and start doing it full time. Anything less will cost you more in the long run.

5. Documents needed to sell a house? – Only a deed to transfer the property.

Documents needed to get to this point: tens of forms mandated by the law or to protect the your interest and to reduce legal liability. Your real estate agent will have a folder full of these forms, it takes several hours to fill them all out. At the closing for transferring the property the attorney will have a whole stack of additional forms to sign for the buyers and sellers.

Resources:

How to increase your house’s sale price?

When you‘re preparing your house for sale, remember the importance of first impressions. The market isn‘t the only factor that influences whether you get your asking price. Appearance and overall condition play a major role. Here are some easy things you can do to make your home more appealing to buyers.

How to dress your house for success?

Once you‘ve decided to put your home on the market, automatically you begin looking at it differently. An important tactic is to remove the rose-colored glasses and see your house as the prospective buyer will see it.

Selling Your Home – Where Do You Begin?

Remember what first attracted you to your house when you bought it? What excited you about its most appealing features? Now that you’re selling your home, you’ll need to look at it as if you were buying it all over again.

Negotiating Guidelines

The ability to negotiate successfully is crucial not only for successful real estate transactions, but also for daily life events in general. When negotiating, keep these rules in mind.

related article:

House Values NH

eNewsletter: home sales alert in NH

Homes for sale inventory in Hillsborough County NH

What do these numbers mean for home buyers? Sales are the most sluggish during the deep freeze of winter months, desirable inventory is the largest, sellers are the most motivated or they wouldn’t be on the market. Once the weather softens, the snow melts, the party is over. Although more homes are coming on the market, the pace of sales picks up too, reducing the sellers’ motivation to give away the property once spring is here.

Homes for sale, sold and pending in Hillsborough County NH

The inventory trend is supported by the total number of homes for sale in Hillsborough County compared to sold properties or sales pending. The supply of houses for sale shows strong seasonality and peaks during the summer months along with home sales picking up. But the trend line of real estate for sale has been drooping since 2007, last June, July and August there were roughly 2,600 homes for sale compared to 2,800 in 2007; a 7.1% drop in the supply. In 2007 home sales peaked at ~ 300 / month, while in 2007 the June, July, August homes sales were 366, 303 and 376 respectively; a 13.8% loss in real estate sales activity. This increasing gap between homes listed in Hillsborough County NH and homes sold justifies the sellers pessimism about the real estate market.

The problem appears to be that buyers adopt the same attitude, instead of grabbing their chance by two hands. The time for great deals is when supply is high, sales activity is low and interest rates are low. 30Y fixed rates have come back down to nearly 5% an 5/1 ARMs have plummeted from nearly 5.9% to 4.8% in three months.

30 year fixed rate mortgage trend

The take-away for New Hampshire home buyers: spring into action before spring arrives.

related articles:

Icy Rockingham County NH real estate

Home Values NH

Foreclosures in Hillsborough County NH

The area between I93 and Rt101 covers most of Rockingham County and the triangle marked by Nashua NH, Manchester NH and Portsmouth NH was a hotbed of real estate activity just a few years ago.

Rockingham County NH - homes for sale vs. homes sold

The number of homes sold in towns close to the Massachussetts state line was in the single digits in January of 2009, 5 in Pelham NH, 4 in Londonderry NH and 3 in Windham New Hampshire, chilling numbers compared to the 15-20 homes sold in January of prior years.

In addition to the ice storm of 2009, the frozen credit markets and dropping consumer confidence have certainly contributed much lower than average sales.

Rockingham County - List price vs. Sold home prices in NH

The gap between the average list price of $414,000 and sold price of $290,000 reveals a lack of demand for homes above the median price. The 89 houses sold represent 4.6% of the 1902 homes for sale in Rockingham County in January 2009.

The average sale price was only 84% relative to the original list price, a sobering ratio compared to the heady days of home sales above ask price and multiple offers just a few years ago.

Is there any good news?
Since the beginning of the year 165 homes turned sale pending, raising the total of homes under contract to 344 in Rockingham Country New Hampshire. Assuming most of them actually close, this pool of pending sales will cover two months at the usual 150-170 homes sold this time of the year.

If the pace of job losses abates, the $8,000 first time home buyer tax credit should also favorably contribute to seasonally stronger sales in the below $300,000 home price range in Southern New Hampshire.

Icy conditions in the New Hampshire real estate market

related articles:

Foreclosure homes in NH – Rockingham County

Homes for sale in Southern NH – exits 1-5 of I93

Number of homes sold in January of the past five years: 6 in 2009, 8 in 2008, 11 in 2007, 12 in 2006 and 14 in 2005.

66 Burns Road, Pelham, NH 03076 —————————– $253,900

3 Bedrooms  2 Total Baths   1,700 SqFt  1.39 Acres  Built in 1995
BEST HOME, IN PELHAM, IN THE $250K RANGE… 3 BEDROOM, 2 BATH COLONIAL WITH 2 CAR GARAGE ON VERY NICE CORNER LOT… TERRIFIC NEIGHBORHOOD. PROPERTY SHOWS WELL… WITH FINISHED ROOM IN BASEMENT, HARDWOOD FLOORS, FULLY APPLIANCED, CENTRAL VAC, DECK…

71 SUSAN DRIVE, Pelham, NH 03076 ———————————- $439,000

4 Bedrooms  3 Total Baths   2,595 SqFt  1.09 Acres  Built in 2005
Cara Estates COLONIAL, 9 RM 4 BDRM, 2 CAR GARAGE, Gourmet kitchen with Granite Counters, S/S Appliances,Office with builtin shelves,Tile,Hardwood Floors, Family Rm with Vaulted Ceilings and Gas Fireplace, Basement ready to be finished space, Crown Mo

124 Lawrence Corner Rd, Pelham, NH 03076 ——————————— $465,920

3 Bedrooms  3 Total Baths   6,312 SqFt  2.29 Acres  Built in 2008
Custom Colonial with stone front bump out, step down fam.rm. with gas fp, bay bump out in brkfast area,upgrade cabinets, hdwd flr. in LR, DR, kit, brkfast area, marble foyer, hdwd stairs, master suite w/whirlpool tub in bath and more.

13 WELLESLEY DRIVE, Pelham, NH 03076 —————————– $179,900

3 Bedrooms  2 Total Baths   1,742 SqFt  1.11 Acres  Built in 1967
Large oversized ranch on a nice private lot. Home has a two car garage, nice porch, and fireplace. Property needs a little TLC but a great opportunity for some sweat equity. Priced to sell! Property is sold “as-is”.

7 Hemlock Street, Pelham, NH 03076 —————————— $264,000

3 Bedrooms  2 Total Baths   3,408 SqFt  1.16 Acres  Built in 1963
Ranch style home located on a cul-de-sac. Large yard w/in-ground pool. Fireplaced fam room, eat-in kit, finished low lev. Needs TLC. All contracts/offers are subject to Indymac Sr Mgmt approval and any offers/counter offers by Indymac are not binding

Total homes sold in January of the past five years: 7 in 2009, 15 in 2008, 19 in 2007, 22 in 2006 and 14 in 2005.

24 Tanager Way, Londonderry, NH 03053, ————————- $354,900

4 Bedrooms  3 Total Baths   2,172 SqFt  3.4 Acres, Built in 2008

HUGE PRICE REDUCTION! Brand new!!4 bed, 2.5 bath, Amazing woodwork detail throughout. arched doorways, tray ceilings, shadow boxing and more! LR w/fireplace, dining room, spacious open kitchen, 2 car att. gar. a definite must see! One of the last

4 Evergreen Circle, Londonderry, NH 03053 —————$199,900

3 Bedrooms  1 Total Bath   1,078 SqFt  1.09 Acres, Built in 1976,

Opportunity Knocks! Located in a beautiful cul-de-sac neighborhood. One owner home in move-in condition. New flooring throughout, newer roof & appliances. Gas FP in LR & wood stove. This home is priced to sell!Take a look….

96 Mammoth Road, Londonderry, NH 03053, ——————-$209,900

4 Bedrooms  3 Total Baths   3,036 SqFt  1.2 Acres, Built in 1970,

-Room for everyone! Two fully finished floors of living space. 4 Bedrooms up includes Master Suite. Lower Level apartment with additional bedroom. Newer kitchen. 4 Season Room. Large, detached garage and nice, level, back yard. Sold As Is. Book and

33 Hardy, Londonderry, NH 03053, ————————-$284,900

3 Bedrooms  3 Total Baths   2,050 SqFt  1.59, Acres  Built in 1994,
Live above the Kings! Young colonial on level 1.5 acre wooded lot in park-like setting. Brick FP in FR with cath ceiling and Palladian window. Unfinished LL with daylight windows.2 sheds on property surrounded by beautiful rock walls.SHORT SALE SUB

The nation had enjoyed an average yearly increase of 4% during the 1997-2000 years which increased to an annual 6-8% in the 2000-2003 time frame, well below the 10-12% inflation of home prices in New Hampshire.

US house prices started their run-up in 2003 and peaked in 2004-2005 when the rate of appreciation ballooned to 14-16% yearly. Since this was not supported by a matching rate of income growth, supply eventually outpaced demand and NH house values started their decline in early 2005. The price growth was still positive at a reduced 2-4% rate in 2006 and became zero in 2007.

The growth of New Hampshire real estate prices turned negative in mid 2007 and resulted in a decline of 2-4% in 2007-2008. For most of this time period the annual percentage change of New Hampshire house values were leading the national average both during their ascent and decline.

NH house values - annual percentage change