South Windsor CT Market Report for November 2011
The weather following our freak snowstorm on October 29 was wild and crazy, but the real estate market was pretty tame in South Windsor CT during November 2011. There were 13 homes sold compared with 14 homes sold in November 2010. The total homes sold per month were at the lowest since March 2011.
In November 2011, the median price was $240,000, compared with a median price of $281,950 in November 2010. Here are the properties that sold in November 2011 in South Windsor CT.
|
Address |
List Price |
Sold Price |
DOM |
|
|
|
|
|
|
294 Hilton Drive |
$135,000 |
$125,000 |
2 |
|
595 Strong Road |
$164,900 |
$151,200 |
149 |
|
261 Skyline Drive |
$189,000 |
$172,000 |
80 |
|
35 Brook Street |
$184,900 |
$181,000 |
9 |
|
92 Hillside Drive |
$219,900 |
$217,500 |
101 |
|
154 Pine Tree Lane |
$229,900 |
$222,500 |
33 |
|
22 Pintail Circle |
$249,900 |
$240,000 |
97 |
|
86 Judy Lane |
$259,900 |
$260,000 |
155 |
|
45 Rugby Lane |
$279,900 |
$280,500 |
115 |
|
15 Drake Court |
$309,900 |
$295,000 |
9 |
|
200 Clinton Drive |
$359,000 |
$340,000 |
179 |
|
795 Chapel Road |
$349,900 |
$345,000 |
13 |
|
112 Bridlewood Road |
$469,000 |
$480,000 |
120 |
|
|
|
|
|
The median price also took a hit when compared to the past few months. Here is a recap of the number of closed sales and median price by month for 2011 to date:
| Month | # of Closed Sales | Median Price |
| November | 13 | $240,000 |
| October | 14 | $275,000 |
| September | 16 | $313,385 |
| August | 25 | $240,000 |
| July | 20 | $285,900 |
| June | 21 | $259,900 |
| May | 20 | $218,500 |
| April | 17 | $220,000 |
| March | 8 | $237,250 |
| February | 7 | $305,000 |
| January | 14 | $251,500 |
On a brighter note, however, there are 6 homes under contract and 22 under deposit, so we will have to wait and see how many properties close by the end of the year.
The South Windsor CT has always been a desireable real estate market, and buyers hoping to find their next house in South Windsor only have 77 homes to choose from. They range in price from $14,900 for a two-bedroom, one-bath 700 sq. ft. mobile home to $1.3 million for a six-bedroom, two-bath, 3054 sq. ft. farmhouse on 75 acres. The median price of homes on the market is $269,900.
Given the inventory, the absorption rate for South Windsor is 8.08 months. Of course, with such a wide range of prices, buyers need to realize that there are quite a bit fewer homes at their preferred price point. If you are buying or selling a home in South Windsor CT, please contact me if you would like more information about the South Windsor CT real estate market.
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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!
Peggy, you have very concise market reports that tells the story of the market news, good or bad! Great job!
Peggy Chirico knows South Windsor CT real estate. Contact Peggy and put her real estate knowledge to work for you!
Hi Joan - Thanks! I am trying to make them better!
Hi John - Thank you so much!