During April 2012, there were 11 closed sales in South Windsor CT with a median price of $270,000 (average price was $312,195). During April 2011, there were 17 closed sales with a median price of $220,000 (average price was $303,153). So although the closed sales were down this year, the median and average price were up.
When we look at how April 2012 compared to March, we see that there were 13 closed sales, with a median price of $230,000 (average $259,590) so the same pattern emerges: lower closed … (4 comments)
Real estate activity was clicking along in Manchester CT during April 2012, with 27 closed sales. While this was down somewhat from March 2012 (32 closed sales), it was up from the previous April (23 closed sales).
On a positive note, however, were median and average price which increased over the prior month as well as over the same period last year. This April, the median price was $160,000 and the average price was $192,070, compared to a median price of $147,400 and an average price of $175,000 in March … (4 comments)
I keep track of what sells in all areas I serve, and I have been noticing that there were quite a few recent condo sales in South Windsor CT compared to prior activity. I haven't reported on condo sales in a while because the numbers were so low.
But April 2012 showed great activity, recording 8 closed sales. Here are the closed sales for April 2012:
207 Misty Meadow Lane, 1B/1BA, sold for $69,000 64 Cinnamon Springs, 2B/1BA, sold for $93,500 1201 Sunfield Drive, 2B/1BA, … (3 comments)
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 … (6 comments)
The South Windsor CT real estate market showed improvement in the number of closed sales over the same period last year and over the previous month. In March 2012, there were 13 closed sales, compared to just 8 the previous March and 9 in February 2012.
Median and average price improved over February 2012, with the median price in March 2012 of $230,000 (compared to $215,000 in February) and the average price in March 2012 of $259,590 (compared to $242,256 in February).
In comparing the same month last year, median price … (5 comments)
Closed sales in Manchester CT were up in March 2012 over January 2012 and February 2012 as well as over the same month last year. There were 32 closed sales in March 2012 compared with 26 closed sales in March 2011; 32 closed sales is also a significant increase over February 2012 which showed just 18 (so almost double the number of the previous month) and over January 2012 which showed 20 closed sales.
While the increase in closed sales is a good sign of market recovery, the median and average prices … (2 comments)
During February 2012, there were 18 closed sales in Manchester CT with a median price of $151,750; the average price was $147,883.
The lowest priced home was a two-bedroom, one-bath, 696 sq. ft. ranch which sold for $58,500. The highest-priced home was a three-bedroom, 2.1 bath colonial with 2172 sq. ft. which sold for $255,000. The median list price/sale price ratio was 96.1%.
When we compare February 2012 to February 2011, we see that while the closed sales increased this year (18 in 2012 vs. 10 in 2011), the … (4 comments)
closed sales: 2011 Year in Review ~ Bolton CT
- 02/26/12 07:45 AM
Bolton CT was one of the few towns that defied the trend of slumping sales in 2011 compared to 2010. In fact, Bolton CT showed stunning results in both closed sales and median price. In 2011, there were 49 closed sales compared to 35 closed sales in 2010. That's a 40% increase over the previous year.
The median price showed just as positive results; the median price in 2011 was $275,000 compared with a median price of $207,900 in 2010, which is a 24.4% increase.
Bolton did not show the huge surge in sales as a result of the … (3 comments)
closed sales: 2011 Year in Review ~ East Hartford CT
- 02/23/12 10:12 PM
East Hartford CT was a busy market for real estate sales in 2011, but not quite as active as in 2010. According to MLS data, there were 307 closed sales in 2011 compared to 343 in 2010. In addition, the median price dropped to $144,000 in 2011 from $155,000 in 2010. That's a 7.1% decrease in median price and 10.5% drop in closed sales. Here is a look at the closed sales by month:
As was typical for many markets, East Hartford showed a surge in activity in the months before the expiration of the homebuyers' tax credits on June … (2 comments)
closed sales: 2011 Year in Review ~ South Windsor CT
- 02/15/12 11:14 AM
South Windsor CT real estate sales during 2011 showed a fairly typical picture of the ups and downs of the market. As was the case with many towns in Connecticut, South Windsor's closed sales and median price were down from the previous year. In 2011, there were 195 closed sales compared to 202 closed sales in 2010; the median price was $254,900 in 2011 vs. $274,450 in 2010. So closed sales were down 3.47% while median price was down 7.12%. If we look at the average price ($294,398 in 2011 vs. $296,397 in 2010), the difference was .8%. Why consider both median and average prices? The median price simply places … (5 comments)
2011 has closed and the real estate analysis has been done. By most accounts 2011 was a worse year than 2010, but let's take a look at what actually happened in Manchester CT in 2011.
During 2011, there were 321 closed sales with a median price of $169,000. Both number of closed sales and median price were down from the previous year, which posted 358 closed sales with a median price of $185,000. So median price decreased by 8.65% and the number of closed sales decreased by 10.3%.
The number of closed sales in South Windsor CT was up in December over the previous month (17 closed sales in December compared to 13 closed sales in November). The median price was also up from $240,000 in November to $249,900 in December.
However, compared to last December, both number of closed sales and median price were down. Last December showed 26 closed sales and a median price of $256,000. The only bright spot there was that the number of homes sold over $400,000 remained the same. Here is … (6 comments)
The weather following our freak snowstorm on October 29 was wild and crazy, but the real estate market was pretty tame in South Windsor CT during November 2011. There were 13 homes sold compared with 14 homes sold in November 2010. The total homes sold per month were at the lowest since March 2011. In November 2011, the median price was $240,000, compared with a median price of $281,950 in November 2010. Here are the properties that sold in November 2011 in South Windsor CT.
Much of central Connecticut was dark and cold the first week of November because of massive power outages from Storm Alfred, but the housing market in East Hartford was sizzling hot! The number of closed sales in November 2011 was DOUBLE the number of closed sales in November 2010 (32 closed sales vs. 16 closed sales).
The median price also rose over last November, with this November being $147,750 and last November being $134,450. Closed sales ranged from $22,000 for a two-bedroom, one-bath, 852 sq. ft. mobile home to $245,000 for a … (3 comments)
Considering that most of central Connecticut was out of commission the first week of November and we had a major holiday as well, the number of closed sales in Manchester CT was remarkable. There were 30 closed sales compared to 18 closed sales for November 2010. Quite a difference!
The median price for November 2011 was $152,500 compared to $189,950 for the prior November, so the median price is significantly lower. I always caution that the median price is the midpoint of all the sales, so if a lot of … (2 comments)
October 2011 was a great month for Vernon CT real estate. There were 16 closed sales with a median price of $171,750, compared with 12 closed sales with a median price of $155,000 in October 2010. Both number of sales and median price increased this October over last.
In addition, days on market (DOM) decreased this October over last October (64 vs. 83) and list price to sale price ratio was virtually unchanged (97.05 in October 2011 vs. 97.15 in October 2010).
In comparing October 2011 with October 2010, East Hartford real estate sales and median price were down this year over last. In October 2011, there were 23 closed sales with a median price of $134,900 compared with 26 closed sales and a median price of $144,750 in October 2010.
In addition, days on market (DOM) were up this year (77 in 2011 and 45 in 2010), but sale price to list price ratio is virtually unchanged (96.7 in 2011 vs. 96.9 in 2010).
October was an interesting month in Manchester CT real estate sales. While the number of closed sales held steady over the prior few months, the median price dropped significantly. The same was true when comparing last October with this October. During October 2011, there were 26 closed sales with a median price of $147,750, while during October 2010, there were 20 closed sales with a median price of $179,900.
Here is the breakdown by price range:
With 35 homes under deposit and 22 under contract, we will have … (2 comments)
During September 2011, there were 9 closed condo sales with a median price of $152,000. During September 2010, there were also 9 closed sales, but the median price was $136,500. So that's a nice rally in median price. Here are the units by complex that sold: Bryrewood 206 Twin Circle Drive - 2BD/2BA/1066SF sold for $124,900 611 Twin Circle Drive - 2BD/2BA/1066SF sold for $131,000 Cinnamon Springs 50 Cinnamon Springs - 2BD/1BA/975SF sold for $91,900 Pleasant Hills 16 Arthur Drive - 2BD/2BA/1174SF sold for $187,500 Plum Ridge 719 Sandstone Drive - 3BD/2.1BA/1900SF sold … (6 comments)
closed sales: Tolland CT Market Report for September 2011
- 10/12/11 10:26 AM
Tolland CT Market Report for September 2011 It was a stunning September for Tolland CT real estate. Posting the highest month in 2011, September came in at 20 closed sales with a median price of $297,575. This September also showed significant gains over last September, which had 10 closed sales with a median price of $234,000.
Here is the breakdown by price range:
There are currently 105 homes on the market, ranging in price from $115,000 for a three-bedroom, 1.1 bath split level to a $1.3 million six-bedroom, five-bath colonial/cape with 4500 sq. ft. The median price is $299,900. Given the … (2 comments)
South Windsor CT Market Report for April 2012
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