Sales of single family homes in Wethersfield continue at a steady pace. Although closed sales at the end of the first quarter 2011 trailed closed sales at the end of 2010 (37 versus 45, respectively), the 2011 sales activity occurred without the first time home buyer tax credit incentive. Does this signify a return to […]
During March the inventory of single family homes in Wethersfield increased by nearly 43% to 116 homes. New pending sales were strong in March with 22 of the 34 pending listings going under contract in March. The Spring market has arrived!
During December the inventory of single family homes in Wethersfield decreased from 125 to 104 homes. This is typical for the holiday season. New pending sales in December (9) were level with new pending sales in November (8). Total pending sales decreased from 30 to 18 because 19 transactions closed in December. December 2010 Market […]
Condo Complexes With Sales in 2010 2-bedroom Units 1-bedroom units Complex Style # Sold Price Range # Sold Price Range Ashwood Court Ranch 4 $70,000-$110,000 Brandywine Townhouse 2 $164,900-$167,000 Collier Farms Single 1 $317,500 The Crossings Townhouse 2 $191,000-$201,000 Eziekial Ranch 1 $135,000 […]
The median and average listing and sales statistics below show the relationship between list price and days on market in today’s real estate environment. Single Family homes are selling in Wethersfield and the median and average list price of closed sales have increased in 2010 over 2009. Pricing is the key to maintaining that momentum. […]
Single family homes in Wethersfield are selling in all price ranges, consistent with sales patterns for 2009. Fewer single family homes are selling below $200,000 than did in 2009. This is helping increase the median and average sales prices. Why have fewer homes sold under $200,000? The first time home buyer tax credit stimulated homes […]
Although it appears that fewer single family homes are projected to sell in 2010 than in 2009, both the median and average sales prices have increased in 2010 over 2009! Are sales prices for single family homes increasing in Wethersfield CT? The first time home buyer tax credit incentivized first time home buyers to purchase their first homes […]
The information we hear on TV or radio or read in the newspaper is usually about the national or statewide real estate market. However, the real estate market can vary from town to town. The old adage “Real Estate is local” is very true. Below are snapshots of Wethersfield sales activity, beginning in 2003, when the […]