"Bolton is one of the older Connecticut towns, having been incorporated in October 1720." According to the Town's history, many of the early settlers came from Bolton, Lancashire, England, from which the town received its name. Town of Bolton Connecticut.
In the town of Bolton is the Lower Bolton lake which is only approximately 15 to 20 minutes away from the state's capital, Hartford. Lower Bolton lake is 175 acres. It is restricted to 6HP motor boats. Know more about Lower Bolton Lake.
Currently, there are 24 properties listed for sale. A 6223 sq.ft. home with 5 bedrooms and 4 1/2 bathrooms is pegged as the most expensive at $749,900 and has been on the market for 275 days.
The lowest-priced home has 1096 square feet with 2 bedrooms and 1 bathroom. It is still new on the market--3 days.
Twelve properties are under contract as of today. The most expensive is listed at $749,000 with 5,051 square feet, 4 bedrooms and 5 bathrooms. Before it went under contract, it had been on the market for almost a year. 363 days to be exact.
The least expensive is listed for $103,950 with 900 square feet, 2 bedrooms and 1 bathroom.
Six properties were sold in December 2013. The average listing price is $248,417 with an average size of 1,981 square feet.
Last month, 7 properties were sold. The average listing price is $240,643 and the average size of the house is 1,708 square feet.
The average listing price maybe lower in January. However, take note of the average square feet which is almost 300 square feet less compared to that of December's average listing price.
Given the number of units sold in December and January, there is shortage of inventory in the town of Bolton. The current inventory is good for barely 4 months.
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