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2011 was a slow year for home sellers in Southington, CT . 397 homes in Southington, CT sold in 2011 at an average price of $249,302, down slightly from 2010.
Should the trend continue, just 10% of current market inventory of 340 homes in Southington 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, 207 homes in Southington expired unsold – leaving the odds of successfully selling at just 66%.
What does that mean to you as a Southington, CT home seller? If you are considering going on market, you will have to be very realistic about the value of your home if you wish to successfully sell. You have a lot of competition and just a 66% shot at selling your home at all. How do you make it happen in this market? With an aggressive marketing plan, and most importantly – THE RIGHT PRICE.
Short sales and foreclosures in Southington, CT in 2011: Out of all sold homes in 2011 4% were short sales and 8% were bank owned (foreclosed). 10% of all currently listed homes are short sales, while 3% of homes are bank owned – making distressed homes 13% of the current inventory in Southington, CT.
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2011 was a slow year for home sellers in Marlborough, CT . 54 homes in Marlborough, CT sold in 2011 – a decrease from 2010. However - the average sales price of $310,103 is actually an 11% increase from the sales prices of 2010.
Should the trend continue, just 6% of current market inventory of 70 homes in Marlborough 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, 72 homes in Marlborough expired unsold – leaving the odds of successfully selling at just 43%. The average listed price of homes currently on market is $348,119 – a 10% difference over the average selling price.
What does that mean to you as a Marlborough, CT home seller? If you are considering going on market, you will have to be very realistic about the value of your home if you wish to successfully sell. You have a lot of competition and just a 43% shot at selling your home at all. How do you make it happen in this market? With an aggressive marketing plan, and most importantly – THE RIGHT PRICE.
Short sales and foreclosures in Marlborough, CT in 2011: Out of all sold homes in 2011 4% were short sales and 12% were bank owned (foreclosed). 11% of all currently listed homes are short sales, while 9% of homes are bank owned – making distressed homes 20% of the current inventory in Marlborough, CT.
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2010 was a tough year for home sellers in Manchester, CT . 435 homes in Manchester, CT sold in 2011 – a 20% decline from 2010. The average sales price of $170,379 is also a 10% decline from 2010.
Should the trend continue, just 9% of current market inventory of 424 homes in Manchester 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, 330 homes in Manchester expired unsold – leaving the odds of successfully selling at 55%. The average listed price of homes currently on market is $193,998 – a 12% difference over the average selling price.
What does that mean to you as a Manchester, CT home seller? If you are considering going on market, you will have to be very realistic about the value of your home if you wish to successfully sell. You have a lot of competition and just a 55% shot at selling your home at all. How do you make it happen in this market? With an aggressive marketing plan, and most importantly – THE RIGHT PRICE.
Short sales and foreclosures in Manchester CT in 2011: Out of all sold homes in 2011 8% were short sales and 14% were bank owned (foreclosed). 17% of all currently listed homes are short sales, while 7% of homes are bank owned – making distressed homes 24% of the current inventory in Manchester, CT.
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Mark your calendars for the 41st Annual Greater Hartford St. Patrick's Day Parade this Saturday, March 10, 2012 at 11:00 a.m. The parade is held rain or shine.
It's always a good idea to get to the parade route early and secure your seat! The parade begins at Capitol Avenue by the State Capitol, takes a left on Main Street, a left on Asylum, a left on Ford Street, and then ends by the Memorial Arch. (Attendees should note that there will be some road closures along the parade route before the parade.) Parking is available in various lots and garages near the XL Center area and Convention Center.
Serious St. Patrick's Day party-goers can kick off the Hartford's St. Patrick's Day Parade with a bang at the Black Bear Saloon's "Beer & Breakfast Bonanza" located at 187 Allyn Street in Hartford from 7-11am. Enjoy an unlimited breakfast buffet, plus 4 Drink Tickets for Coors Light or Guiness for ONLY $20. Proceeds benefit the American Lung Association and your ticket will turn into a VIP pass to cut the entry line to Black Bear AFTER the parade. Raffles prizes & giveaways as well!
FOX CT is also sponsoring a photo contest to showcase Irish Pride. Wear your green and enter to win a new laptop computer courtesy of Kaplan Computers! May the Luck O' the Irish be with you!
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