March Market Report for East Hartford CT
Interesting things were going on in East Hartford CT during March 2011. For once, the number of closed sales and the median price were almost identical to the numbers from March 2010. In March 2011, there were 27 closed sales, just as there were in March 2010. The median price in March 2011 was $149,000 compared to a median price of $148,900 in March 2010.
March numbers also compared favorably to February, which had 13 closed sales and a median price of $138,000, and to January, which had 18 closed sales and a median price of $127,500.
Here is the breakdown by price range:
| Price Range | March 2011 | March 2010 |
| Under $100,000 | 6 | 5 |
| $100,000-$149,999 | 8 | 9 |
| $149,999-$199,999 | 11 | 6 |
| $200,000-$249,999 | 2 | 5 |
| $250,000-$299,999 | - | 2 |
| $300,000-$349,999 | - | - |
| $350,000-$399,999 | - | - |
| Over $400,000 | - | - |
| Total | 27 | 27 |
There are also 28 homes under contract and 35 homes under deposit. With 214 houses currently on the market, the absorption rate in East Hartford is 10 months.
If you are looking for a home in East Hartford, you have 214 from which to choose. The prices range from $7,800 for a 550 sq.ft. mobile home to $399,900 for a newer 3098 sq. ft. colonial with four bedrooms and 3.1 baths. The median price for homes on the market is $159,900. If you want to see what is available, use the property search site to narrow your criteria. Please let me know if you would like help with your search!
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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!
yucky on the median price!!!! Hope you sell a ton of them :) literally!!!
Hi Christina - Yes, we have some very "affordable" homes in our market!
Peggy, glad to hear your market is steady, and continues to enjoy closed sales! Hope you had MANY of them!