The Year in Review - Vernon CT Median Home Prices
Like other towns in the area, Vernon experienced two spikes in the number of home sales during 2010--one in June when the homebuyer tax credit expired and one at the end of the year. Let's look at the number of closed sales by month for the year 2010:
Now let's take a look at the median prices for each month during 2010 in Vernon CT.
For the year, the total number of closed sales was 170 in 2010 compared to 222 in 2009. The median price for the entire year was $191,000 in 2010, compared to $194,450 in 2009. So while there was a significant decrease in the number of sales, the median price fell only slightly.
Another interesting observation is that median days on market was 39.5 in 2010, compared to 47 in 2009.
Did you enjoy this post? Click here to subscribe to my blog by email.
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.
Find your dream home now!
Peggy, to have a spike in sales in November is VERY nice! Our market started slowing down in September for some reason!
Hi Joan - Any spikes are good. One of my towns (South Windsor) had a huge spike in December. It was very nice!