South Windsor CT Market Report for March 2012
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 was down slightly ($230,000 this March vs. $237,250 last March) but the average price was up slightly ($259,590 this March vs. $253,825 last March).
The lowest priced sold home was a two-bedroom, one-bath mobile home for $14,000 and the lowest non-mobile home was a three-bedroom, one-bath ranch with 1008 sq. ft. for $108,000. The highest-priced home sold was a three-bedroom, 3.1-bath 2700 sq. ft. ranch which sold for asking price of $579,666 (new construction).
Here is a recap:
Summary | March 2012 | March 2011 |
Closed Sales | 13 | 8 |
Median Price | $230,000 | $237,250 |
Average Price | $259,590 | $253,825 |
Median LP/SP Ratio | 96.7% | 97.4% |
Average LP/SP Ratio | 96.63% | 97.93% |
Median DOM | 24 | 109 |
Average DOM | 65 | 112 |
If you are looking for a home in South Windsor CT, there are just 99 homes currently on the market with a median price of $274,900. Check out some of the listings below and give me a call if you see any that might be your dream home!
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