How's the real estate market in Vernon, CT? I am often asked that question, so I compiled some results.
Let's take a look at what has sold in Vernon, CT in December 2009 compared with what has sold in Vernon, CT in December 2008. What we will see is that the activity was robust compared to the prior year, and just as important, the current market presents a great opportunity for first-time homebuyers as well as repeat buyers.
In December 2009, there were 18 closed sales with a median price of $200,500. In December 2008, there were 13 closed sales with a median price of $200,000.
Currently on the market are 93 homes, with 64 priced at under $250,000. With a few months left for buyers to take advantage of the $8,000 first-time homebuyer tax credit or the $6,500 repeat buyer tax credit, there are plenty of choices if you want to live in Vernon, CT.
Please let me know if you would like information on the homebuyer tax credits, details about properties currently on the market, or information on what your home is worth in today's market. I would be glad to help you!
Price Range |
Closed Sales December 2009 |
Closed Sales December 2008 |
CURRENTLY ON THE MARKET |
|
|
|
|
Under $100,000 |
3 |
2 |
8 |
$100,000-$149,999 |
2 |
2 |
12 |
$150,000-$199,999 |
4 |
2 |
16 |
$200,000-$249,999 |
5 |
5 |
28 |
$250,000-$299,999 |
2 |
0 |
11 |
$300,000-$349,000 |
0 |
0 |
5 |
$350,000-$400,000 |
1 |
0 |
9 |
Over $400,000 |
1 |
2 |
4 |
|
|
|
|
TOTAL |
18 |
13 |
93 |
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