Special offer

Manchester CT Market Report for December 2011

By
Real Estate Agent with Prudential CT Realty

Manchester CT Market Report for December 2011

 

Manchester CT Real Estate

 

During December 2011, there were 22 closed sales with a median price of $155,450 in Manchester CT. Although the median price was up somewhat from the previous two months ($152,500 in November and $147,750 in October), the number of closed sales was the lowest since February 2011.

 

In comparing the numbers with last December, we can see that the number of closed sales was down (29 last December), but the median price was virtually unchanged ($155,450 in December 2011 vs. $156,000 in December 2010).

 

Here is the breakdown by price range:

Price Range December 2011 December 2010
Under $100,000 3 4
$100,000-$149,999 7 8
$149,999-$199,999 9 9
$200,000-$249,999 1 5
$250,000-$299,999 - 2
$300,000-$349,999 1 -
$350,000-$399,999 1 1
Over $400,000 - -
Total 22 29

 

In looking at the recap of the year, there were a total of 320 closed sales and a median price of $169,500.  Here are the numbers by month:

 

Month # of Closed Sales Median Price
December 22 $155,450
November 30 $152,500
October 26 $147,750
September 25 $179,000
August 24 $174,450
July 32 $167,500
June 43 $177,500
May 33 $155,000
April 23 $155,000
March 25 $175,000
February 10 $189,000
January 17 $170,000

 

As of today, there are also 19 homes under contract and 30 homes under deposit, so January should show fairly good numbers as we gear up for the spring season.

 

If you are looking for a home in Manchester CT, there are 214 properties on the market with a median price of $179,900.  Active listings range from a 3-bedroom/1-bath ranch with 1135 sq. ft. for $75,000 to a new construction contemporary home with 4 bedrooms, 3.1 baths, and 4000 sq. ft. for $759,000.  Manchester Ct has many great neighborhoods and there are some beautiful homes on the market right now.  With an absorption rate of almost 12 months, buyers will have plenty of opportunity to find a great home at a great price.  If you would like information about schools, neighborhoods, amenities, or homes on the market, just give me a call. I would be glad to help you get the information. 

 

 

Posted by

 

 

Did you enjoy this post? Click here to subscribe to my blog by email.

   Go to my Winksite

 

 

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!

                                                                       

          connect-with-me-on-facebook        follow-me-on-twitter         linkedin          search-homes      

 

 

 

Comments (3)

Kymberly Caldwell-Muniz
(909) 973-0410 - Fontana, CA
TCR Group Keller Williams Realty Rancho Cucamonga

Hello Peggy, thanks for the statistical reports, they are always interesting to read the latest reports on other communities. This is a very good market report,  I hope your efforts bring you some business.

Jan 12, 2012 11:02 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Keep bringing on the positive market data.  Sooner or later our buyers will start reallzing we are  back.

Jan 12, 2012 03:09 PM
Barbara Altieri
Better Homes and Gardens RE Shore and Country Properties - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Hi Peggy -- That $100-200K price range still remains the hot spot for Manchester. What a great town and price point for first time homebuyers and down sizers to call Peggy Chirico, THE Manchester REALTOR,  and jump in and take advantage of the LOW interest rates.

Jan 14, 2012 02:26 AM