South Windsor Condo Report ~ July 2011
The condo market in South Windsor was a busy one in July 2011 with 12 closed sales and a median price of $165,250. In July 2010, there were 10 closed sales with a median price of $172,000, so although the median price was somewhat lower this year, the number of sales was up.
To put this in perspective, however, we must take a look at condo sales month-by-month in South Windsor to really see how significant July was. Here are the number of closed sales, and median price from January to July:
| Month | Closed Sales | Median Price |
| July | 12 | $165,250 |
| June | 10 | $145,500 |
| May | 7 | $128,000 |
| April | 3 | $157,000 |
| March | 3 | $152,000 |
| February | 3 | $139,500 |
| January | 2 | $130,000 |
So June and July were two very solid months of activity for condo sales in South Windsor CT, significantly up from the previous months. In addition, there are currently 5 units under contract and 12 units under deposit.
The South Windsor condo market offers some very attractive opportunities for moving into South Windsor CT, which has always been a desireable location. With interest rates as low as they are and with affordable options in condos, it is not at all surprising that people are taking advantage of the opportunities.
If you are looking for a condo in South Windsor CT, there are currently 50 units on the market ranging in price from $82,900 for a one-bedroom, one-bath unit to $275,000 for a two-bedroom, two-bath 55+ unit. The median price of all the units on the market is $147,450! That means that there are 25 units priced at $147,450 or lower!
If you have been paying rent and wondering if you could start building equity in your own place, give me a call. I will refer you to reputable mortgage people who will tell you exactly what you need to know, and then we will start setting up showings. Home ownership could be closer than you think.
Blooming for you!
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