South Windsor Condo Report for August 2011
During August 2011, there were 6 closed sales with a median price of $155,575, compared to 7 closed sales with a median price of $136,500 in August 2010. So overall, comparing month over month, August 2011 showed very favorably when compared to August 2010, especially in median price.
The condos that closed in August were:
- PLEASANT VALLEY: 949 Pleasant Valley Road (Unit 3-10) - 2BD/1BA/814SF for $103,000
- WESTAGE: 22 Amato Drive (Unit I) - 1BD/1BA/763SF for $118,750
- BRYREWOOD: 106 Twin Circle - 2BD/2BA/1066SF -$127,900
- PLEASANT HILLS: 18 Arthur Drive (Unit 4) - 2BD/1.1BA/1100SF - $183,250
- STRAWBRIDGE: 1302 Mill Pond Drive - 2BD/2BA/1300SF - $200,000
- PLUM RIDGE: 204 Sand Stone Drive - 3BD/3BA/1720SF - $231,000
When we look at condo sales by month for 2011, August took a bit of a dip in both number of sales and median price. Here is a recap of total sales and median price by month:
Month | Closed Sales | Median Price |
August | 6 | $155,575 |
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 |
Although the total number of closed sales was down from the previous month, there were other bright spots about August sales. First, the sale to list price ratio was 98%, the median days on the market were 18, and there are currently 4 condos under contract and 12 condos under deposit.
There are also 51 units on the market, ranging in price from $82,900 for a one bedroom, one bath condo at Pleasant Valley to $275,000 for a two bedroom, two bath condo in a 55+ community. The median price for all active listings is $159,500.
If you are looking to move into South Windsor, you should consider some of the very affordable condos available. If you need help with your search, don't hesitate to call me.
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