March and April Market Report for South Windsor CT

South Windsor Market Report

 

Here we are in the midst of the spring market, and the South Windsor market showed a little sluggishness in March, but the activity picked up in April.  During March 2011, there were 8 closed sales and a median price of $237,250, compared to 13 closed sales and a median price of $232,000 in March 2010.

 

Here is the breakdown by price range for March:

Price Range March 2011 March 2010
Under $100,000 - -
$100,000-$149,999 1 -
$149,999-$199,999 1 2
$200,000-$249,999 3 5
$250,000-$299,999 2 -
$300,000-$349,999 - 1
$350,000-$399,999 1 2
Over $400,000 - 3
Total 8 13

 

In April of 2011, there were 17 closed sales with a median price of $220,000, compared with 16 closed sales with a median price of $240,250 in April 2010.

Here is the breakdown by price range for April:

Price Range April 2011 April 2010
Under $100,000 - -
$100,000-$149,999 3 -
$149,999-$199,999 1 3
$200,000-$249,999 6 6
$250,000-$299,999 1 2
$300,000-$349,999 2 -
$350,000-$399,999 - 2
Over $400,000 4 3
Total 17 16

 

One of the cautions that I need to point out is that one month's data isn't enough to make a trend, and it is more accurate to look at data over a longer period.  For example, it would appear that the median price really dropped in April 2011 ($220,000) from April 2010 ($240,250), but if we combine March and April and then compare them year to year, we would see that 2011 had 25 closed sales compared to 29 for the two months in 2010 and a median price of $235,000 in 2011 compared to a median price of $238,500 in 2010. All in all, we see a more stable market by looking at the bigger picture.

 

In addition, there are currently 11 homes under contract and 27 under deposit.  If you are interested in finding a home in South Windsor, CT there are 96 properties listed for sale with a median price of $299,900.  You can use the search function below to narrow your search to see which properties might fit your criteria.  If you have questions about any of the properties, please give me a call!

 

 

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Peggy Chirico

 

 

Peggy Chirico, REALTOR®
Serving the Greater Hartford Area
Prudential CT Realty
peggychirico@gmail.com

860-748-8900

If you are buying or selling a home in Hartford County or Tolland County, please call me, email me, or visit my website.  I would be happy to help you with your home search or provide a market analysis for your home.

Find your dream home now!

                                                                       

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Posted by Peggy Chirico, REALTOR® 860-748-8900 Hartford & Tolland County Real Estate on 05/07/2011 06:57 PM   Comments (2)   Market Report in the Regional Channel   market report, closed sales, median prices  
Short URL: http://actvra.in/9sw

2 Comments on March and April Market Report for South Windsor CT

MAY
08
2011

Just stopping by to wish the women in our lives Happy Mother's Day!

Happy Mother's Day!     Happy Mother's Day!

Happy Mother's Day!
10:09am • #1
421,110 Points 12 Featured Posts Called Shot Master

Thank you, Russel! The flowers are beautiful!
10:15am • #2

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