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|
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
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 email@example.com for a free consultation.
Maria HaganPrudential Connecticut Realty 1142d Silas Deane Hwy Wethersfield, CT 06109 Cell: 860-305-8044 Email: firstname.lastname@example.org