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BETHEL, CONNECTICUT REAL ESTATE UPDATE - HOMES SOLD IN JANUARY

Bethel, CT Real Estate Update - Homes Sold in January

Bethel Connecticut real estate

The inventory of single family homes available for sale in Bethel, Connecticut at the beginning of February increased from 89 to 94 from the previous month, consistent with a general post-holiday winter trend. The list prices ranged from $146K to $899K and the average market time of those homes was a reported 143 days. That market time may not reflect the true time homes have been on the market as sometimes listings expire or are cancelled, at which time the count starts from the beginning, giving a misleading picture.

Of the homes available on the market in Bethel, 8 were on deposit, at an average list price of $336K and average market time of 153 days. In addition, 7 homes were in contract at an average list price of $328K and average market time of 290 days.

In the month of January, 6 homes sold in Bethel for an average list price of

$299K, average market time of 124 days and average discount of 6.3%.


Below is a detailed list of the homes sold in Bethel, CT in January 2012:

No

Street Name

Br's

Full Baths

Half Baths

Sale Price

Market Time

60

WALNUT HILL

RD

3

2

0

$242,000

49

8

TERRACE

DR

3

1

1

$248,000

54

8

OXFORD

ST

3

1

1

$250,000

122

2

EDMOND

RD

3

2

0

$255,000

20

6

RIDGEDALE

RD

4

2

0

$337,500

96

6

BIRNAM WOOD

RD

4

2

1

$461,000

402

Bethel CT real estate update

The numbers and real estate trends as seen in recent months in Bethel, Connecticut are similar to those in the surrounding Candlewood Lake area - the lower end homes tend to sell more briskly, higher end homes are available and are selling, albeit at a somewhat slower pace.

The tone of the overall real estate market in our area is good for 2012, after all it’s the year of the powerful Dragon! The feeling is that the market is coming back! Employment numbers are improving (we are down to 8.3% nationally), inventories are lower, prices are lower and mortgage interest rates remain extremely favorable; there appears to be pent up demand among buyers. Bethel Connecticut Real Estate


For more information regarding available homes and other market information regarding the Candlewood Lake region and surrounding areas in Connecticut, visit www.candlewoodgreenbroker.com. Happy browsing!


Posted Friday Feb 03