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Real estate activity was clicking along in Manchester CT during April 2012, with 27 closed sales. While this was down somewhat from March 2012 (32 closed sales), it was up from the previous April (23 closed sales).
On a positive note, however, were median and average price which increased over the prior month as well as over the same period last year. This April, the median price was $160,000 and the average price was $192,070, compared to a median price of $147,400 and an average price of $175,000 in March (4 comments)
Closed sales in Manchester CT were up in March 2012 over January 2012 and February 2012 as well as over the same month last year. There were 32 closed sales in March 2012 compared with 26 closed sales in March 2011; 32 closed sales is also a significant increase over February 2012 which showed just 18 (so almost double the number of the previous month) and over January 2012 which showed 20 closed sales.
While the increase in closed sales is a good sign of market recovery, the median and average prices (2 comments)
manchester ct real estate: Manchester CT Market Report for January 2012 - 02/28/12 07:01 AM
Manchester CT Market Report for January 2012 The new year is here, and we are all anxious to see how the real estate market will be. In 2011 in Manchester CT, we saw a decrease in both total closed sales and median price. The big question now is: Will 2012 be a better year for real estate?
In Manchester CT, we are starting off with positive results for both number of closed sales, median price, average price, and list price/sales price ratio.
Here is the short view:
So overall, the results show that for January 2012 there (6 comments)
During December 2011, there were 22 closed sales with a median price of $155,450 in Manchester CT. Although the median price was up somewhat from the previous two months ($152,500 in November and $147,750 in October), the number of closed sales was the lowest since February 2011.
In comparing the numbers with last December, we can see that the number of closed sales was down (29 last December), but the median price was virtually unchanged ($155,450 in December 2011 vs. $156,000 in December 2010).
October was an interesting month in Manchester CT real estate sales. While the number of closed sales held steady over the prior few months, the median price dropped significantly. The same was true when comparing last October with this October. During October 2011, there were 26 closed sales with a median price of $147,750, while during October 2010, there were 20 closed sales with a median price of $179,900.
Here is the breakdown by price range:
With 35 homes under deposit and 22 under contract, we will have (2 comments)
Although the number of closed sales in August 2011 in Manchester CT is down from last August, the median price is up. In August 2011, there were 24 closed sales with a median price of $174,450 compared to 28 closed sales with a median price of $167,165 in August 2010.
Here is the breakdown by price range:
In addition to the closed sales, there are also 25 homes under contract and 42 homes under deposit, so it will be interesting to see what September's numbers are.
If you (4 comments)
manchester ct real estate: Market Report for Manchester CT ~ July 2011 - 08/08/11 02:06 PM
Market Report for Manchester CT ~ July 2011 Finally, we are able to view market statistics without having to compare to last year's numbers that were inflated by the homebuyers' tax credit. Going forward, we should be able to get a clearer view of what the real estate market is by town.
In Manchester, there were 32 closed sales in July 2011 compared to 29 from last July. That's a positive change for this year. The median price, however, was down considerable with this July showing a median price of $167,500 compared to $210,000 for last July.
On the plus (2 comments)
Peggy Chirico, REALTOR® 860-748-8900 Hartford & Tolland County Real Estate
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.