Is the Condo Market Heating Up in South Windsor CT?

By
Real Estate Agent with Prudential CT Realty

Is the Condo Market Heating Up in South Windsor CT?

 

South Windsor Condo Sales

 

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, sold for $105,000
  • 134 Candlewood Drive, 2B/2BA, sold for $106,000
  • 905 Twin Circle Drive, 2B/2BA, sold for $108,000
  • 301 Mill Pond Drive, 2B/1.1BA, sold for $147,000
  • 1 Arrowwood Circle, 3B/2.1BA, sold for $180,000
  • 59 Riverview Drive, 2B/2BA, sold for $323,500

 

To put it into perspective, I compared condo sales in each of the months this year and in the same four months last year. Here is a recap showing closed sales and average price:

 

Month 2012 2011
January 4 2
February 4 3
March 3 3
April 8 3

 

Month 2012 2011
January $117,163 $130,000
February $145,350 $139,667
March $131,667 $158,333
April $141,500 $158,333

 

As you can see, condo sales in South Windsor have been plugging along and then along comes April with 8 closed sales. In addition, there are 8 homes under contract and 13 homes under deposit.  I would say that the condo market in South Windsor CT is heating up.

 

If you are looking for a condo in South Windsor CT, there are currently 44 units available, ranging from a 1B/1BA 825 sq. ft. unit at Mill River Meadows for $79,900 to a 3B/2BA 1833 sq. ft. new ranch at Strawberry Fields for $359,900. Please give me a call if you want to see what is available.

 

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Peggy Chirico

 

 

Peggy Chirico, REALTOR®
Serving the Greater Hartford Area
Prudential CT Realty
peggychirico@gmail.com

860-748-8900

If you are buying or selling a home in Hartford County or Tolland County, please call me, email me, or visit my website.  I would be happy to help you with your home search or provide a market analysis for your home.

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Comments (3)

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

Peggy that is good to hear.  Condo's have been taking big hits in prices, so it is good to hear some positive new.

May 08, 2012 11:24 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I'm glad to see the trend moving in the right direction. I have two mortgage application going on right now for condo purchases in South Windsor. Hopefully the appraisers will see the up tick in value as well.

May 08, 2012 11:14 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Hi Peggy -

We too are seeing condo sales and prices on the increase.  First time home buyers and investors are back in our area and ready to buy!  It's been a long hard winter and am thankful for the turn around for all of us!  Have a great day my friend.

John

 

May 09, 2012 12:28 AM