Middlesex County 
Real Estate in Middlesex County, CT: Chester, Clinton, Cromwell, Deep River, Durham, East Haddam, East Hampton, Essex, Haddam, Killingworth, Middlefield, Middletown, Old Saybrook, Portland, Westbrook.
There are currently 3 blog entries related to this category.
East Hampton, CT Market Report: 2011 in Review
Thursday, February 23rd, 2012 at 9:08am. 67 Views, 0 Comments.
2011 was a year of declines for home sellers in East Hampton, CT . 130 homes in East Hampton, CT sold through the year at an average sales price of $242,489 – both figures down from 2010.
Should the trend continue, just 8% of current market inventory of 138 homes in East Hampton is expected to sell in any given month. Another telling figure is the amount of homes that expired in 2011. An expired home is a home that goes on market, but ultimately just does not sell at. In 2011, 107 homes in East Hampton expired unsold – leaving the odds of successfully selling at roughly 55%. Part of the problem is that many hopeful East Hampton home sellers are still unrealistic about their selling price. The average listed price of homes currently on market is…
Durham, CT Market Report: 2011 In Review
Tuesday, February 21st, 2012 at 8:06am. 97 Views, 0 Comments.
2011 was a year of declines for home sellers in Durham, CT . 49 homes in Durham, CT sold through the year – a 25% decline from 2010. The sales price of $311,253 is also down 5% from 2010.
It will take over a year to sell the current Durham inventory of 79 homes with an absorption rate of just 5% month. Another telling figure is the amount of homes that expired in 2011. An expired home is a home that goes on market, but ultimately just does not sell at. In 2011, 67 homes in Durham expired unsold – leaving the odds of successfully selling at roughly 40%. In fact, although homes that sold in Durham only remained on market for an average of 80 days, homes currently listed have a DOM (days on market) average of 208 days. The average price of homes…
Cromwell, CT Market Report: 2011 In Review
Tuesday, February 21st, 2012 at 7:41am. 94 Views, 0 Comments.
2011 was a stagnant year for home sellers in Cromwell, CT . 159 homes in Cromwell, CT sold through the year at an average sales price of $238,085, which is virtually unchanged from 2010.
Should the trend continue, just 8% of the 158 homes currently on the market in Cromwell will sell in any given month. Another telling figure is the amount of homes that expired in 2011. An expired home is a home that goes on market, but ultimately just does not sell at. In 2011, 117 homes in Cromwell expired unsold – leaving the odds of successfully selling at roughly 60%.
The average price of homes currently on market is $268,332…a 12% difference from what homes are actually selling for. What does that mean to you as a Cromwell, CT home seller? If you are…