Vernon CT Market Report for December 2010
During December 2010, there were 13 closed sales in Vernon CT with a median price of $181,000. During December 2009, there were 18 closed sales with a median price of $200,500.
So the housing market, based on these two pieces of information, show a decline in both the number of closed sales and the median price. Here is the breakdown by price range:
| Price Range | December 2010 | December 2009 |
| Under $100,000 | 2 | 3 |
| $100,000-$149,999 | 2 | 2 |
| $149,999-$199,999 | 4 | 4 |
| $200,000-$249,999 | 1 | 5 |
| $250,000-$299,999 | 3 | 2 |
| $300,000-$349,999 | - | - |
| $350,000-$399,999 | - | 1 |
| Over $400,000 | 1 | 1 |
| Total | 13 | 18 |
On a more positive note, however, the median days on the market decreased significantly in 2010. Median days on market in 2010 was 21 days, whereas in 2009 it was 78.
There are also currently ten properties under contract and twelve homes under deposit, so the new year looks to be heading in the right direction.
If you are looking for a home in Vernon, there are currently 92 homes on the market, ranging from an investor special for $44,900 to a lake-front home for $549,900. The median price of all the homes currently on the market is $216,950. Use the form below to modify your search, and contact me if you need any help.
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