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)
homes for sale in east hartford ct: 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).
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)
Closed sales during August 2011 in East Hartford CT increased slightly from August 2010, but the median price decreased. During August 2011, there were 31 closed sales with a median price of $125,900 compared to 30 closed sales with a median price of $141,200 in August 2010.
Here's the breakdown by price range:
One of the issues facing East Hartford, and affecting the median prices, is the high number of short sales and bank owned properties. Because short sales take so long to complete, there are … (1 comments)
The East Hartford CT real estate market was a busy one in July 2011. There were 25 closed sales with a median price of $160,000. This compared favorably to July 2010, which showed 22 closed sales and a median price of $149,000. So the number of sales is up and so is the median price.
Here is the breakdown by price range:
It has also been fairly steady for the past four months. Here's how July compared to June, May, and April: July: 25 closed sales, median price $160,000 … (3 comments)
During December 2010, there were 21 closed sales in East Hartford CT with a median price of $145,000. During December 2009, there were 23 closed sales with a median price of $169,000. So while the number of sales held relatively steady, but median price was down significantly. Here is the breakdown by price range:
One interesting fact about the East Hartford housing market, however, is the median days on market (DOM). In December 2010, the median DOM was 64 while it was 65 in December 2009. If you are looking … (0 comments)
During November 2010, there were 16 closed sales in East Hartford, CT with a median price of $127,500. This is dramatically different from November 2009 when there were 55 closed sales and a median price of $162,000. Here is the breakdown by price range for November 2010: Compared to the market reports for October 2010 (24 closed sales with a median price of $144,750) and September 2010 (25 closed sales with a median price of $140,000), November's numbers were down as well. However, there are currently 55 properties under contract (27) … (0 comments)
East Hartford CT Market Report for March 2012
;)
;)
