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Wallingford CT Market Update for December 2012

By
Real Estate Broker/Owner with Harriman Real Estate, LLC (203) 672-4499 REB 0788845
Wallingford CT Market Update for December 2012
 

As we predicted last month, Wallingford home sales posted a slight gain of6%over November, good news for the local market. Sales were down 8% fromDecember 2011, but up 6% from December of 2010. The average selling price forcondos lost the 6% gain it had in November, falling back to to just over$193,000, while the average sale price for single family homes was up by about2% to just over $353,000. Thirty year conventional mortgage rates have prettymuch stabilized at around recently risen to 3.375%, a change that was too muchof a surprise, while CHFA rates for first time home buyers again remainedunchanged at 2.75 percent.

Inventory levels dropped another 6% from November and that, coupled with theincreased sales totals were enough to drop Wallingford into a normalsellers market for the first time all year, with about 5.6 months of inventorynow available. Sales in 2012 were down 7% from 2011, most likely due ...

 Click to see the full report
 
Below are highlight properties for Wallingford CT Market Snapshot for December 2012. See more at the full report:
 
          Highlights Maps & Local Schools  
 
Status: Active
180 Cook Hill Road
$575000
5 BEDROOMS
4 BATHROOMS [ 3 FULL, 1 HALF ]
LISTING MLS ID: N325583
Listing Courtesy of: Pat Harriman

Status: For Lease
12 White Tail Lane
$1325
2 BEDROOMS
1 BATHROOMS [ 1 FULL, 0 HALF ]
LISTING MLS ID: N332415
Listing Courtesy of: Pat Harriman

Status: Just Sold
19 Penny Lane
$427500
3 BEDROOMS
3 BATHROOMS [ 2 FULL, 1 HALF ]
LISTING MLS ID: N326245
Listing Courtesy of: Pat Harriman

Status: Active
1038 Clintonville Road
$349900
3 BEDROOMS
3 BATHROOMS [ 3 FULL, 0 HALF ]
LISTING MLS ID: N331009
Listing Courtesy of: Pat Harriman

Status: For Lease
73 STAFFORDSHIRE COMMONS DR, Wallingford, CT
$1350
2 BEDROOMS
2 BATHROOMS [ 1 FULL, 1 HALF ]
LISTING MLS ID: N331677
Listing Courtesy of: Pat Harriman

Status: Just Sold
29 Jenna Road
$185000
2 BEDROOMS
1 BATHROOMS [ 1 FULL, 0 HALF ]
LISTING MLS ID: N329754
Listing Courtesy of: Pat Harriman

 
See the Full Wallingford CT Market Snapshot for December 2012
 
 
   
 
 
 
   
   
   
   
 
 
Information valid as of January 8, 2013. Please contact us for the most current information and status of these properties.

Comments (4)

Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Good information for your local folks.  I wish you the best on feedback for this one!

Jan 08, 2013 11:02 AM
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

Thanks Ron! It's a new format from Listings to Leads, so we're hoping it gets good engagement!

Jan 08, 2013 12:16 PM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Great market report for Wallingford CT!  We saw a return to a more stable market as well towards the end of 2012.  Thank goodness for that!

Jan 08, 2013 10:01 PM
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

Thanks Leesa! We think 2013 is going to be a great year for real estate here!

Jan 08, 2013 10:37 PM