Market Report for Tolland CT ~ June 2011
During June 2011, there were 12 closed sales in Tolland CT with a median price of $281,000. During June 2010, there were 13 homes sold with a median price of $292,900. So the median priced has dropped somewhat over last June.
If we look at the previous two months, April and May, the housing market in June in Tolland was more active. In May there were 7 closed sales with a median price of $225,000, while in April, there were also 7 closed sales with a median price of $168,000.
Here are the number of homes sold by price range:
| Price Range | June 2011 | June 2010 |
| Under $100,000 | - | - |
| $100,000-$149,999 | - | - |
| $149,999-$199,999 | 2 | - |
| $200,000-$249,999 | 4 | 5 |
| $250,000-$299,999 | - | 2 |
| $300,000-$349,999 | 1 | - |
| $350,000-$399,999 | 4 | 1 |
| Over $400,000 | 1 | 5 |
| Total | 12 | 13 |
Another interesting fact is that the median days on market for June was 23, compared to 50 in May and 45 in April. In addition, the sale price to list price ratio was 98.35 in June, 95.8 in May, and 96.5 in April.
There are also currently 9 homes under contract and 9 homes under deposit.
If you are looking for a home in Tolland CT, there are currently 112 homes on the market with a median price of $299,450. Homes are ranging from $139,900 to $789,900. I was showing homes in Tolland last week and will say that there are some beautiful homes to choose from. If you have questions about what is currently on the market, please give me a call and I would be happy to help.
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 -- Good report, as usual. With a still good inventory, buyers need to get off the fence. Don't know where these interest rates are going.
Hi Barbara - Thanks. I too wonder how long the rates will be this good, but I think the market is on the rise here and hopefully will continue.
Nice to see activity in Tolland increasing. Nice town with good schools and easy highway access.
Hi John - I agree!
Peggy, great presentation on the local market. Even though the mediam price dropped a bit, sounds pretty stable!
I Read your post,Your view is really informative….Great post! Thanks for giving the information
Dan Statlander (Real estate experts in Boca Raton Florida) http://www.comprarimoveisdeluxoemmiami.com/ http://luxury.statelandbrown.com/ http://www.statelandbrown.com .