Rocky Hill Single Family Homes Sales Activity 2003-2010

By
Real Estate Agent with William Raveis Real Estate

The number of closed sales, and median and average sales prices in Rocky Hill have increased for single family homes in 2010 over 2009 while the average days on market decreased in 2010 versus 2009! As we saw with the Wethersfield single family home market statistics, the First Time Home Buyer Tax Credit incentivized first time home buyers to buy their first homes which then enabled existing home buyers to "move up" and buy larger, more expensive homes at near historic low-interest rates.

Historical Snapshot of Rocky Hill Sales Activity as of 12/31/2010

Year # Units Sold Median Sales Price Average Sales Price Average Days On Market
2010 90 $292,500 $314,602 57 days
2009 72 $268,000 $284,396 74 days
2008 92 $279,950 $314,211 59 days
2007 113 $301,000 $318,939 71 days
2006 117 $297,000 $327,546 61 days
2005 128 $267,450 $284,461 51 days
2004 120 $264,750 $284,263 41 days
2003 119 $245,000 $276,166 54 days

In Which Price Ranges Did Buyers Buy?

Buyers consistently purchased single family homes in Rocky Hill in all prices ranges in 2010 with more sales over $300,000 in 2010 than in 2009! The median and average sales prices for Rocky Hill single family homes sales are close to the high values we saw in 2006 and 2007 despite these difficult economic times.

Sales by Price Range as of 12/31/2010

Year/Status <$200K $200K-$250K $250K-$300K $300K-$350K $350K-$400K >$400K Total % Change
Active 8 4 9 5 7 14 47  
                 
Pending 0 1 3 3 0 7 13  
                 
Closed                
2010 10 18 21 16 9 16 90 125.0%
2009 7 25 13 17 3 7 72 78.26%
2008 16 18 19 13 9 17 92 81.42%
2007 8 32 16 23 12 22 113 96.58%
2006 6 21 34 24 10 22 117 91.41%
2005 20 32 36 23 6 11 128 106.67%
2004 25 25 25 16 10 19 120 100.84%
2003 34 31 15 9 9 21 119  

Rocky Hill is a desirable community in the Greater Hartford area. If you are thinking about buying or selling a single family home in Rocky Hill, please call me on my cell, 860-305-8044, or via email at mhagan@prudentialct.com for a free consultation.

Maria Hagan

Prudential Connecticut Realty
1142d Silas Deane Hwy
Wethersfield, CT 06109
Cell: 860-305-8044
Email: mhagan@prudentialct.com

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Comments (2)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Maria, that is very encouraging.  Number of Sales, Average Sales Price, and Median Sales Price are up and Days on the Market are down, everything is going in the right direction.

Jan 11, 2011 12:14 PM
Jon Sigler
Coldwell Banker Realty - South Windsor, CT
South Windsor Homes for Sale 860-306-8029

Maria,  Those are some very encouraging stats, improvements across the board!  May 2011 continue the trend!

Jan 18, 2011 01:17 PM