East Hartford CT Market Report for March 2012
Closed sales in East Hartford in March 2012 were up significantly over March 2011. This March, there were 39 closed sales, compared to 27 closed sales in March 2011.
Median and average prices were down significantly from the same period last year. The median price this March was $124,000 compared to $149,000 last March, while the average price this $118,538 this March compared to $141,599 last March.
In addition to closed sales, there are currently 37 homes under contract and 48 under deposit, so we should expect that April's closed sales will remain strong.
Here is a recap to key statistics:
|Summary||March 2012||March 2011|
|Median LP/SP Ratio||96.2%||96.1%|
|Average LP/SP Ratio||93.08%||95.09%|
If you are looking for a home in East Hartford, there are 208 homes on the market, ranging in price from $12,000 for a one-bedroom, one-bath 400 sq. ft. mobile home to $299,900 for a new three-bedroom, 2.1 bath, 1800 sq. ft. colonial. The median price of all homes on the market is $149,450.
Please give me a call if you would like help with your search.