Cheshire CT Real Estate Sales Report for September 2011
Currently in Cheshire CT there are 147 active residential listings for sale. They range from a 770 square ft, 1-bedroom bungalow listed at $147,500 to a 5100 square ft, 4 bedroom contemporary ranch estate listed at $1,700,000.
The average list price of the homes currently available for sale in Cheshire CT is $457,582. The average days on market for these homes is 155 days. For the month of September, there were 18 new homes listed for sale in Cheshire CT.
In addition, there are currently 15 homes under contract in Cheshire CT, with four (4) having gone under contract in the month of September. The average list price for the homes under contract is $454,313 an average days on market of 90 days.
In September, 15 homes closed in Cheshire CT. They ranged from a 4,169 sq ft, 4-bedroom, colonial, which sold for $579,900 to a 1,044 sq ft 3-bedroom ranch which sold for $185,000. Average sales price of the homes that sold was $373,633. Average DOM of 100 days. The closed properties had a Sales price to List price ratio of 96%.
By comparison, there were 13 closings in Cheshire for the month of September 2010, with an average price of $305,781 and avg. days on market of 66. This indicates that there were slightly morehomnes sold at a higher value, with more days on market.
For the first 6 months of 2011, the market sales or absorption rate was 15 sales per month, with an average sales value of $394,236 and average days on market of 104. The current inventory of homes is equivalent to a 10-month inventory.
There are currently 62 condos for sale Cheshire CT. They range in price from $ 651,600 for an over 55 Adults only 2,850 sq ft, 3-bedroom unit to $80,000 for a 1-bedroom, ranch style efficiency unit. There are currently two (2) condos under contract in Cheshire CT.
In the month of September, 7 condos closed in Cheshire CT with an average price of $239,129 and an average DOM of 219. They range in price from $485,000 for an over 55 Adults only 2,850 sq ft, 4-bedroom unit to $85,000 for a 2-bedroom, REO town home style condo.
For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.
If you would like information on homes for sale in Cheshire CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Cheshire CT.
Cheshire CT Real Estate Sales Report for September 2011
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