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)
east hartford ct real estate: 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)
East Hartford CT finished out the year strong, with 26 closed sales and a median price of $143,500. Many people mistakenly think that real estate comes to a halt in December because of the holidays, but that was not the case in East Hartford.
Compared with December 2010, this December had a higher number of closed sales (26 this December vs. 22 last December), but the median price was down ($143,500 this December vs. $150,000 last December).
East Hartford CT Market Report for March 2012
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