South Windsor and Rocky Hill Connecticut Real Estate Market
January 13th, 2008 categories: Real Estate Market
I’m continuing to dig into just What the Heck is Going On in the Central CT Real Estate Market? Today, I’m going to look at the town of South Windsor. Having sold my own home in South Windsor in 12 days with multiple offers, I thought it would be interesting.
Like the other three towns I looked at, Newington, Manchester & Glastonbury, South Windsor seems to be in a normal, balanced market. I broke the figures down into an analysis by # of bedrooms.
South Windsor
3 Bedroom Homes
18 Sold in Last Three Months and there are 29 Active Listings - 4.8 Months of Inventory.
Median Sales Price was $258,900 and homes spent an average of 50 Days on the Market.
4 or More Bedroom Homes
20 Sold in Last Three Months and there are 30 Active Listings - 4.5 Months of Inventory.
Median Sales Price was $372,450 and homes spent an average of 54 Days on the Market.
2 Bedroom Condominiums
33 Sold in Last Three Months and there are 37 Active Listings - 3.3 Months of Inventory.
Median Sales Price was $185,000 and homes spent an average of 32 Days on the Market.
3 Bedroom Condominiums
6 Sold in Last Three Months and there are 10 Active Listings - 5 Months of Inventory.
Median Sales Price was $228,400 and homes spent an average of 62 Days on the Market.
And just for fun, I took a look at one more town, Rocky Hill. This town is more of a mixed bag. If you’re selling a 2 bedroom condominium, the market for your home is in a seller’s market with units selling within about one month and there is less than three months of inventory.
But, single family homes with 4 or more bedrooms are not in high demand in Rocky Hill and there is 18 months of inventory on the market. Here are the details.
Rocky Hill
3 Bedroom Homes
14 Sold in Last Three Months and there are 18 Active Listings - 4 Months of Inventory.
Median Sales Price was $264,900 and homes spent an average of 76 Days on the Market.
4 or More Bedroom Homes
2 Sold in Last Three Months and there are 12 Active Listings - 18 Months of Inventory.
Median Sales Price was $326,950 and homes spent an average of 57 Days on the Market.
2 Bedroom Condominiums
25 Sold in Last Three Months and there are 22 Active Listings - 2.6 Months of Inventory.
Median Sales Price was $209,900 and homes spent an average of 33 Days on the Market.
3 Bedroom Condominiums
3 Sold in Last Three Months and there are 7 Active Listings - 7 Months of Inventory.
Median Sales Price was $259,00 and homes spent an average of 55 Days on the Market.
