Manchester, Connecticut Real Estate Market Report February/March 2008
March 21st, 2008 categories: Real Estate Market
Manchester, CT
Manchester illustrates what is happening in the real estate market in much of Connecticut - a deepening buyer’s market. With a few exceptions in Central CT, West Hartford and Newington for example, towns now have at least 6 months of inventory on the market, or a buyer’s market.
Single Families
- Average List Price: $260,230
- Average Sales Price: $249,267
- Active Listings: 198
- Closed Listings in Last 6 Months: 192
- Months of Inventory: 6 or Buyer’s Market
Condominiums
- Average List Price: $160,926
- Average Sales Price: $167,866
- Active Listings: 57
- Closed Listings in Last 6 Months: 54
- Months of Inventory: 6 or Buyer’s Market
Multi-families- 2-4 Units
- Average List Price: $$249,332
- Average Sales Price: $221,670
- Active Listings: 50
- Closed Listings in Last 6 Months: 23
- Months of Inventory: 13 or Deep Buyer’s Market
