East Hartford CT Market Report for November 2010
During November 2010, there were 16 closed sales in East Hartford, CT with a median price of $127,500. This is dramatically different from November 2009 when there were 55 closed sales and a median price of $162,000.
Here is the breakdown by price range for November 2010:
| Price Range | November 2010 | November 2009 |
| Under $100,000 | 2 | 6 |
| $100,000-$149,999 | 11 | 16 |
| $149,999-$199,999 | 3 | 28 |
| $200,000-$249,999 | - | 3 |
| $250,000-$299,999 | - | 1 |
| $300,000-$349,999 | - | 1 |
| $350,000-$399,999 | - | - |
| Over $400,000 | - | - |
| Total | 16 | 55 |
Compared to the market reports for October 2010 (24 closed sales with a median price of $144,750) and September 2010 (25 closed sales with a median price of $140,000), November's numbers were down as well. However, there are currently 55 properties under contract (27) or under deposit (28), so it is important to look beyond each inidividual month's statistics.
Next month, I will report on December's statistics and the median price by month for the year so we will have a better picture of the housing market in East Hartford CT.
If you are looking for a home in East Hartford, there are currently 228 homes on the market ranging in price from $8,000 for a mobile home to $320,000 for a 2100 sq. ft. colonial on over two acres. The median price is $169,900, which represents tremendous opportunity for anyone looking to own their own home. To see for yourself what is available, use the search form below to change your criteria to fit your needs. Please let me know if you have any questions about the East Hartford housing market.
Comments(0)