Take an extra $6,500 in federal tax credit that is offered now to established home owners as well (you may qualify if you have owned your home for at least five years) and you have a really good home purchase deal going in one of the most expensive areas of  Southern New Hampshire real estate.

More Windham NH homes for sale under $125/sqft: One of the MLS listings is offered at $113 per square foot. Can you find this Windham NH property below?

Map of  Windham NH homes for sale above:

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Luxury Properties in Windham New Hampshire
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Downsize without Sacrifice! Huge Condos, Townhouses in Hudson and Windham NH under $250k
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Bear Hill Rd, Heritage Hill Rd, Westchester Rd - Bear Hill Estates

Bear Hill Rd runs from Heritage Hill Rd to a little ways past Westchester Rd into a cul-de-sac. The Bear Hill subdivision was built in two phases, the nearly complete 2nd phase resulted in connecting Bear Hill road to the formerly dead-ended Westchester Rd via a new bridge.

At the other end, near the Heritage Hill corner, Burnham road opens from Bear Hill Rd and leads through the new Terra Bella subdivision to Bennington Rd in Johnny Hill Estates.

Homes in BEAR HILL Estates:

WINDHAM, NH Property ID: $715,000 Residential Property,Colonial, Contemporary MLS ID: 2781994 4 Bedrooms -3 Full Bathrooms3600 Sq. Ft. This stunning ‘Delbar Builders’ home with gorgeous estate like setting offers a mahogany front porch WINDHAM, NH Property ID: $499,900 New Construction,Colonial, 2 Story MLS ID: 2776145 4 Bedrooms -3 Full Bathrooms3162 Sq. Ft. One of the last lots left on Bear Hill. To be built; open concept 4 bedroom, 2 1/2 bath, Bump-out, V

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Better Homes NH – Windham real estate

Was this exquisitely trimmed craftsman style home in Windham NH built by Dipietro Homes? The house resembles a Betz plan; did Mullett Custom Homes do it? Mesiti? This New Hampshire new construction is the proud work of Mr. Delaney, who specializes in creating uniquely fine homes in Windham NH. Every trim piece, every built-in reflects [...]

Windham NH New Construction: only one third of homes for sale are real

Have you already missed the bottom of the real estate market? 46 of the 69 new homes on the market in Windham New Hampshire are to be constructed. As existing inventory of houses built in 2006-2007 has been selling off, only 23 ready-to-move-in homes remain on the market.

By Mr. Janos, realtor Windham NH, 603-438-9134

New construction [...]

Other Windham New Hampshire neighborhoods:

Curb appeal of this Windham NH foreclosure property

This is a perfect opportunity to own this stunning 2900 sq ft colonial in one of Windham’s most sought after neighborhoods. Open floor plan offers an eat-in Kitchen Formal Dining Room, Sunken living /Family roomm & 14×23 Great room, 4 great size bedrooms, Gleaming hardwood floors & oak stairs, Tile & Granite Baths, Rustic Style cabs, Private level lot with deck, 2 car attached Garage, Bank Owned, Sold as is.

click to read more …

Subdivision Plan of Jackman Ridge:

Aerial view of Jackman Ridge subdivision in Windham NH

See more bank-owned properties:

Rockingham County foreclosures

Hillsborough County foreclosure homes

Beautiful 12 room Colonial on lovely landscaped 3+ acre lot. Four+ bedrooms, large gourmet kitchen, two large family rooms, walk out finished lower level. Close to highway, shopping, golf course and schools.

Click to see this listing courtesy of Prudential Dinsmore

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2 Beds, 1 Baths, 1338 Square Feet

CHARMING 3 STORY 2/3BR. COBBETTS POND WATERFRONT,AMAZING WATER VIEWS from 3 levels,large deck off master bedroom with STUNNING WATER VIEWS,large deck off sunroom,pine interior,hardwood floors,walk out lower level to grass area on waterfront,BOATING,FISHING,SWIMMING.MUST SEE PROPERTY.MAGNIFICENT SUNSETS FROM THIS HOME!!!!!!

This listing courtesy of BHG Masiello Windham

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recent updates:
$ 1,150,000 Windham NH
$ 349,900 Windham NH
$ 449,900 Windham NH
$ 799,000 Windham NH
Cobbetts Pond Windham NH – Essentials

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$699,900 18 JENNY’S HILL ROAD, Windham, NH

, CASTLE REACH-Former builder’s model abutting 30 acres of conservation on 2 sides.Gourmet kitchen w/sub-zero,indoor grille,rich cherry cabinets & matching pub table, mail station & wetbar w/bev fridge …

Click on photo for detailed MLS listing sheet. Forward this post to a friend.

The maximum price for NHHFA loans is $299,500 for single family homes with the exception of Newmarket and Portsmouth NH. In addition, the first time home buyers’ income has to be less than $77,600 for a household of 2 and less than $89,200 for a family of 3 and greater.

The New Hampshire Housing grants and cash assistance programs can be combined with the federal first time home buyer credit of $8,000 resulting in a nearly $20,000 savings for new home owners. The minimum down payment for NHHFA loans is 1% of the home purchase price, which is about $3,000 for the purchase price limit in Windham NH and most of Rockingham and Hillsborough County.

Based on information of MLS listings in NNEREN, the Northern New England Real Estate Network, Inc. for the period through June 21st, 2009 these are the properties for sale in Windham New Hampshire that fall within the maximum first time home buyer purchase limit in Rockingham County NH:

18 Lowell Road, Windham, NH 03087

$289,900

Added 06/21/2009

3 Bedrooms 2 Total Baths 2,257 SqFt 1.3 Acres Built in 1978

Location! Privacy! Rooms Galore! Contemporary Ranch has it all. Close to schools, Griffin Park, town beach and Rte 93. Spacious bedrms, incl large master w/bath, updated bathroom & kitchen w/tile floors, dining area w/French doors, living rm w/FP on 1st Floor. Bsmt tiled with 3-4 finished rms, w/d hookups & lg storage area. Newer heating sys.

2 TOKANEL ROAD, Windham, NH 03087

$298,000

Added 06/21/2009

3 Bedrooms 2 Total Baths 1,913 SqFt .72 Acres Built in 1964

MOVE IN CONDITION!! NOTHING TO DO!! OPEN CONCEPT KITCHEN LIVING ROOM. HARDWOOD & TILE FLOORS. SUNROOM OVERLOOKING FENCED BACKYARD. FRESH INTERIOR PAINT, NEW KITCHEN COUNTER, ALL APPLIANCES STAY. BETTER THAN A CONDO! LARGE MASTER W/HIS & HERS CLOSETS. FAMILY ROOM W/THEATER SCREEN & PROJECTOR. EFFICIENT FLOORPLAN! CLOSE TO SCHOOLS & GRIFFIN PARK!

28 & 33 Doiron Road, Windham, NH 03087

$299,800

Added 06/21/2009

3 Bedrooms 2 Total Baths 1,561 SqFt .17 Acres Built in 1951

CHARMING 3 BR.3 STOREY WATERFRONT New Englander. AMAZING WATER VIEWS FROM 3 LEVELS.Modernized kitchen,new hardwood floors on 1st. level.Swimming,fishing,boating,snowmobiling.Stunning Master Bedroom Suite with huge modern bathroom,jetted tub & sep. shower.AMAZING WATERFRONT PROPERTY being sold at far less than appraised value.DON’T MISS THIS ONE!!!!

14 Ministerial Road, Windham, NH 03087

$215,000

Added 06/21/2009

2 Bedrooms 2 Total Baths 1,704 SqFt .27 Acres Built in 1936

Enjoy the benefits of Cobbetts Pond with deeded beach rights to this well maintained 2 br Colonial. Updated Kit with Maple cabinets, granite and stainless stove, dishwasher and microwave, wood, laminated & carpet floors, full bath w/jet tub, off masterbedrm, lg deck, and shed. Easy commute to 93. Subject to 3rd party approval, SOLD AS IS.

14 GARDNER Rd, Windham, NH 03087

$289,000

Added 06/21/2009

2 Bedrooms 1 Total Bath 864 SqFt .08 Acres Built in 1946

G’day! See V TOUR. Spark-a-lark-a-ling YEAR ROUND Home (renovated) ONE home up from the waterfront/beach. YEAR ROUND FUN (Winter sports & Summer sports).Cobbetts Pond (swim/boat/fish) with WATER VIEW and beach rights/dead end; 2 bedrooms 1 bath; Laundry & heating equip in basement. MEGA convenient to 93 /RT 111. Enjoy LIFe as it should be:).

1 Leni Drive, Windham, NH 03087

$289,400

Added 06/21/2009

3 Bedrooms 1 Total Bath 625 SqFt 1 Acres Built in 1986

Pristine location nestles this wonderful Split Entry. This home features 6 rooms w/ three bedrooms and 2 fireplaces. The fully applianced Kitchen flows into the formal Dining Room. Sliders off the Dining room overlook a paradise of splender in this beautifully maintained yard. Finished basement w 2 car garage…

1 Willow Road, Windham, NH 03087

$175,000

Added 06/21/2009

2 Bedrooms 1 Total Bath 1,954 SqFt .25 Acres Built in 1970

***Priced To Sell***This 8 Room Fully Winterized Home with Workshop in Full Basement, Won’t Last Long!! Enjoy Beach Rights To Cobbetts Pond With Plenty Of Year Round Activities On The Lake!!

13 Rolling Ridge Road, Windham, NH 03087

$275,000

Added 06/21/2009

3 Bedrooms 2 Total Baths 2,456 SqFt 1.01 Acres Built in 1965

Bring your boat, deeded access to Canobie Lake! The warmth you will find inside this Contemporary split starts with the beautiful wood cathedral ceilings and a kitchen made for entertaining. What more could you want? This home has a spacious corner lot, a Cul de Sac neighborhood and an easy commute to I93.

3 Wildwood Road, Windham, NH 03087

$249,900

Added 06/21/2009

3 Bedrooms 2 Total Baths 1,872 SqFt .69 Acres Built in 1976

Priced to sell fast and priced for current condition. A little TLC will go a long way. Fantastic floor plan and location!

4 Bridle Bridge Road, Windham, NH 03087

$229,900

Added 06/21/2009

2 Bedrooms 1 Total Bath 976 SqFt 1.09 Acres Built in 1956

Delightful home offering a quiet setting of over an acre. Vinyl siding. Many updates allow you to move in and enjoy. Spacious livingroom with big picture window. Big eat-in kitchen with wood cabinetry and new counters. New roof 2009, windows 2006, interior paint 2008, 3 bedroom septic system 2009, furnace 2002, Exterior trim painted in 200

70 North Lowell, Windham, NH 03087

$290,000

Added 06/21/2009

3 Bedrooms 3 Total Baths 2,241 SqFt 3.6 Acres Built in 1963

Come home to Windham…Room to roam on your 3.6 acres with 2241sf of living space. Master w/bath, three fireplaces, 4 season sunroom w/sliders to deck,2yr old septic system,newer furnace and water heater.2 card under. Spacious kitchen and living room. Daylight lower level, playroom,mudroom. Inground Pool – Motivated Seller. Minutes to RT93.

74 North Lowell, Windham, NH 03087

$229,900

Added 06/21/2009

3 Bedrooms 3 Total Baths 1,434 SqFt 1.11 Acres Built in 1971

Move in condition! Spacious! This home has been well cared for, the pride of ownership shows. Master br w/ 1/2 bath, 3/4 bath on f.r. level, Newer; carpet, Burnham boiler w/super store. Two brick fireplaces, fresh paint neutral colors. Nice fenced in private,back yard. This home is not a drive by. Great valve! Must be seen!

83 WEST SHORE ROAD, Windham, NH 03087

$234,900

Added 06/21/2009

2 Bedrooms 1 Total Bath 1,427 SqFt .1 Acres Built in 1984

WATERFRONT- BEST DEAL ON THE LAKE! Beautiful views of Canobie. Possible OWNER FINANCING -QUICK CLOSE! Galley Kit. w/newer appliances, Spacious Din. opens to massive deck overlooking LAKE. Magnificent FIELDSTONE fireplaced LivRm. Cathedral Wood Ceilings, Beams, skylights, GARAGE & more. SITE-ASSESSMENT IN PROGRESS. To sell “AS IS”.

57 Stacey Circle, Windham, NH 03087

$224,900

Added 06/21/2009

2 Bedrooms 3 Total Baths 1,872 SqFt Built in 1987

GREAT MULTI-LEVEL TOWNHOUSE OFFERING 4 FLOORS OF LIVING SPACE! HOME OFFERS 2 BEDROOMS WITH EACH THEIR OWN PRIVATE BATHROOM, MASTER HAS DECK OVERLOOKING PRIVATE SETTING, HARDWOOD FLOORS, WOOD FIREPLACE, 1ST FLOOR LAUNDRY AND FINISHED BASEMENT WITH WALKOUT! THIS IS A MUST SEE, GREAT LOCATION AND PETS ARE ALLOWED!!

5 North Policy Road, Windham, NH 03087

$230,000

Added 06/21/2009

3 Bedrooms 2 Total Baths 1,425 SqFt .37 Acres Built in 1977

Renovated Ranch with views of Canobie Lake. Hardwood, tile, new roof, siding and windows. Sale is subject to seller’s lender’s approval. Sold as is.

40 FIRST, Windham, NH 03087

$299,900

Added 06/21/2009

2 Bedrooms 1 Total Bath 968 SqFt .06 Acres Built in 1929

SEASONAL COTTAGE ON COBBETTS POND, UPDATED, WELL MAINTAINED, OPEN CONCEPT, GREAT VIEWS, DOCK, BRING YOUR WATER TOYS!

48 Ministerial, Windham, NH 03087

$219,000

Added 06/21/2009

3 Bedrooms 2 Total Baths 1,215 SqFt .15 Acres Built in 1954

Year Round Cottage with lots of updating! New Baths, New Carpeting, Hardwood flooring, Fireplace, Freshly Painted interior, three season porch, Bright kitchen. Lots of light! 300 steps to the beach! Beach rights to enjoy this Summer. $100 a YEAR association fee.

93 West Shore Rd., Windham, NH 03087

$299,900

Added 06/21/2009

3 Bedrooms 2 Total Baths 1,576 SqFt .15 Acres Built in 1951

Motivated Seller!! Vacation all year round. Bring your boat!! New septic system 2008. Fabulous views of Canobie Lake from this waterfront property on a quiet dead end road. Newer oil furnace-’05. New vinyl windows & siding 2005,wired for automatic generator, boat dock rights. Possible expansion on 2nd floor. Subject to 3rd party approval.

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NH first time home buyer incentives

NH first time home buyer program details

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Foreclosure homes in Rockingham County NH

By the end of April in 2004 52 houses were sold, in 2005 55, in 2006 52, in 2007 33 and in 2008 30 properties had a sold sign in front of them. The numbers are clear, 2006 was the last “good year” for real estate sales in Windham, only slightly worse than 2005; by year’s end 174 homes were sold in 2006 compared to 207 houses in 2005.

Commulative Year to Date Home Sales in Windham New Hampshire

Then the bottom fell out. In 2007 only 152 single family homes were sold and in 2008 the total number of residential transactions was only 140, a 33% drop from the real estate market’s peak in 2005.

One third fewer sales is bad, but the perception is that the situation is much worse. Why? Can it be justified?

In general the public’s real estate sentiment is guided by the number of for sale signs on the streets and the length of time they stay in front of a house.

In the first four months of 2004 there were about 80 homes for sale in Windham NH. The inventory level started its steady climb in the second half of the year and in December of 2004 there were 122 active listings. By the end of 2005 this number rose to 160 than it peaked in July of 2007 at 193 residential properties for sale, more than a two-fold increase in the supply of homes.

Number of months to sell inventory of homes for sale in Windham NH

Since mid 2007 inventory levels have been dropping, by December of 2007 it was down to 113 and last year closed out with 116 homes offered for sale in December.

Then, why has the sellers market not returned yet? The absolute number of houses for sale, the magnitude of the inventory is only one component of the real estate market dynamics. The other just as important determinant is the absorption rate, that is how many homes sell per month. When the inventory level is normalized by the average number of homes sold per month, the result is the number of months it would take to sell the currently for sale homes on the market, i.e. the inventory measured in months.

In 2004 the housing supply varied between 5-8 months it would have taken to liquidate the then current inventory. In mid 2005 that number sharply jumped from 8 to 11 months. The period of 2006-2008 was relatively constant with about a year’s inventory on the market. The end of 2007 and 2008 experienced a sharp drop in inventory levels as frustrated sellers took their homes off the market for the winter months.

At the beginning of 2009 the real estate market in Windham NH doesn’t look too promising. Although the number of homes for sale is back to 120-140 the rate of sales is low, only 8 per month on the average; at this absorption rate it would take 15-18 month to sell the houses already on the market.

It is amazing that the average person not knowing or caring about inventory levels, or absorption rates develops the same intuitive conclusion: the real estate market in Windham has a ways to go before the sellers market returns. Unless sales pick up in the later part of 2009, this year’s sales track the volume in 2007 and 2008.

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Single family homes for sale in Windham NH