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Age does matter in Londonderry condos for sale.

By
Real Estate Agent with Prudential Verani Realty, Londonderry,New Hampshire

Age does matter when selling and buying a condominium in Londonderry,NH.  It's not age discrimination its just the way it is. Condominiums for sale in Londonderry are available in two very distinct groups.

Map of Londonderry

Group 1.  Those mostly 20 + years old, except for Vista Ridge which is under 5. Occupancy available to any age group. Styles range from garden style(apartment type) to townhouses and condexs. Average 1200 square feet of living space

Group 2.  55+ communities in Londonderry, NH.  Mostly new or under 5 years old, some still under construction. Average square footage 1700+. Custom luxury features.  Detached townhomes.

NOW HERE'S THE SURPRISING DIFFERENCE!

http://www.nhhomes030.com Condominiums for sale in Londonderry that are in Group 1. Currently there are 40 units available for sale in Londonderry. Typical floor plan consists of 2 bedroom, 2 baths. Average list price: $168,900.   Days on market 161.   An additional 12 are pending sales with an average list price of $145,000 with an average days on market being 80.

80 Sold condominiums in Londonderry, between April 30 and October 25th, 2010. Average sold price was $150,000 with an average 121 days on the market.

Like more detailed information on condoominiums for sale in Londonderry, click here,now!

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Condominiums for sale in Londonderry in Group 2http://www.nhhomes030.com

The well appointed, over 55 years of age restricted communities of Londonderry.  Currently there are 23 townhomes available for sale with an average list price of, get ready.............. $309,900. Starting prices are $192,900  on up to $399,900. (Square footage from 1100 to 2000).

10 condominiums have sold between April 30th anf October 25th 2010.  Average sold price $337,400.

Like more information on 55+ communities in Londonderry or anywhere else in New Hampshire, click here.

 

So you see, age does matter when owning a condominium in Londonderry,NH.

 

(Data complied through information supplied by the Northern New England Real Estate Network)

Posted by

ROSS THERRIEN -Realtor/Broker Associate

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 The opinions expressed on this blog are that of Ross Therrien and no one else’s and those providing comments are theirs alone, and do not reflect the opinions of Prudential Verani Realty, Inc. or any employee thereof. Prudential Verani is not responsible for the accuracy of any of the information supplied by us on this blog. All information deemed accurate in is our best opinion and should not be relied upon without personally verifying it yourself. The information we post is believed to be accurate at the time of the post, our opinion of the situation may change at a later time with newer information or under a different set of circumstances. In other words, we reserve the right to change our mind from time to time. We are open to your comments on the blog post, however, we do reserve the right to delete your comment, if we find it offensive or hateful. Let’s all play nicely in the sandbox.

 

Lori Robertson-Stoudt
Stoudt Realty REALTOR - Hollis, NH
BROKER, ABR, CRS, CDPE

In Merrimack, NH, the birches were originally designated "age 55+" community but was never enforced. I sold one last year to a 25 year old that was designated 55+....

Oct 18, 2010 01:01 PM
Stayci Fast
New England Home Staging® - Boston, MA
MIRM

Interesting stats Ross. Geez- I better get to freakin work, in 15 years I'll need a small fortune to downsize.

Oct 18, 2010 02:46 PM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Looks like it pays to stay young, doesn't it?

So can 55 years and older buy in the group 1?

Oct 18, 2010 03:15 PM
Ross Therrien
Prudential Verani Realty, Londonderry,New Hampshire - Londonderry, NH
Realtor, Broker Associate

Lori--some towns have a 80/20 rule. It's kind of disturbing that The Birches are a 55+ community but don't enforce it. The town may have issues as well.  Each town is different.

 

Oct 18, 2010 03:58 PM
Ross Therrien
Prudential Verani Realty, Londonderry,New Hampshire - Londonderry, NH
Realtor, Broker Associate

Judi--over 55 can buy anywhere.  Most owners are snowbirds.

Oct 18, 2010 03:59 PM