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Ed Silva CDPE, GRI, ABR, Real Estate Agent

Cheshire CT Real Estate Sales Report for January 2012

Cheshire CT Real Estate Sales Report for January 2012

Cheshire Town Hall

Currently in Cheshire CT there are 109 active residential listings for sale. They range from a 770 square ft, 1-bedroom bungalow listed at $137,500 to a 5100 square ft, 4-bedroom contemporary ranch estate listed at $1,700,000.

Cheshire CT Mid Value Act January 2012

The average list price of the homes currently available for sale in Cheshire CT is $474,309. The average days on market for these homes is 138 days. For the month of January, there were 25 additional homes listed for sale in Cheshire CT.

There are currently 14 homes under contract in Cheshire CT, with four (4) having gone under contract in the month of January. The average list price for the homes under contract is $415,116 with average days on market of 96 days.

Cheshire CT Mid Value Sold January 2012

In January, 7 homes closed in Cheshire CT. They ranged from a 2,312 sq ft, 4-bedroom colonial, which sold for $670,900 to a 912 sq ft 2-bedroom ranch which sold for $382,500. Average sales price of the homes that sold was $254,214. Average DOM of 129 days. The closed properties had a Sales price to List price ratio of 92%.

By comparison, there were 16 closings in Cheshire CT for the month of January 2011, with an average price of $371,650 and avg. days on market of 116. This indicates that there were more homes sold in 2011 at a considerably higher value in less days on market.

For the year 2011, the market sales or absorption rate was 16 sales per month, with an average sales value of $386,969 and average days on market of 101. The current inventory of homes is equivalent to a 6+ month inventory, which is a stable market.

Cheshire CT Mid Value Active Condo listing

There are currently 43 condos for sale Cheshire CT. They range in price from $651,600 for an over 55 Adults only 2,850 sq ft, 3-bedroom unit to $72,000 for a 1-bedroom, ranch style efficiency unit. There are currently four (4) condos under contract in Cheshire CT.

In the month of January, 4 condos closed in Cheshire CT with an average price of $180,300 and avg. days on market of 55.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Cheshire CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Cheshire CT.

Cheshire CT Real Estate Sales Report for January 2012

Happy Valentine’s Day 2011

Happy Valentine’s Day 2011

It’s Valentine’s Day and the most important thing to remember is to recognize that special someone in your life.

It’s expected that this year men will spend, on average $185 on their special Valentine, a large portion of which is the cost for that special dinner.

Women, on the other hand, will spend an average of $80 dollars on their special person.

The wise person in me will make no further comment on that statistic.

Happy Valentine’s Day

Prospect CT Real Estate Sales Report for January 2012

Prospect CT Real Estate Sales Report for January 2012

Prospect CT January 2012

Currently in Prospect CT there are 60 active residential listings for sale, with 12 new listings being added in January. The homes for sale in Prospect CT range from an 840 square ft, 2-bedroom mobile home, listed at $20,000 to a 3,086 square ft, 4-bedroom colonial listed at $579,900. The average list price of the homes currently available for sale in Prospect CT is $303,250. The average days on market for these homes are 183 days.

January 2102 Mid Value Act

There are 11 homes under contract in Prospect CT. The average list price for these homes is $266,875 with an average day on market of 103 days.

There were 5 home sales recorded in Prospect CT in January. They ranged from a 2,600 Sq ft 3-bedroom colonial, which sold for $377,000 to a 864 sq ft 3 bedroom, REO ranch style home which sold for $90,000. The average list price for these homes was $224,880 with an average day on market of 114 days. The closed properties had a Sales price to List price ratio of 93%.

There were 5 home sales recorded in Prospect CT in January. They ranged from a 2,600 Sq ft 3-bedroom colonial, which sold for $377,000 to a 864 sq ft 3 bedroom, REO ranch style home which sold for $90,000. The average list price for these homes was $224,880 with an average day on market of 114 days. The closed properties had a Sales price to List price ratio of 93%.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Prospect CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discusshomes on the market in Prospect CT.

Prospect CT Real Estate Sales Report for January 2012

Don't You Think the Water is a Little Cold?

Don't You Think the Water is a Little Cold?

Sprink Lake

While showing properties earlier today, I passed by a pond that should have been well frozen over by now. We’ve had such a mild winter so far that, anyone thinking of ice fishing has had to wait or just go further north. This time last year we were into such a deep freeze that those geese would have been on top of feet of snow atop an ice capped lake.

Spring Lake Condos Southington CT

The geese in the middle of the water don’t seem to mind a bit and with no ice anywhere on the pond they have free wadding, but I’ll bet there webs are chilled.

Don't You Think the Water is a Little Cold?

14 Pinecrest Dr Prospect CT

14 Pinecrest Dr, Prospect CT

MLS# N315547, Listed at $155,000

It’s the best real estate value in Prospect CT, already priced well below value. A home that will provide an instant equity to the home buyer that will provide the TLC needed.

Almost ½ acre of privacy
A 7 year old roof architectural roof
One year old hot water heater
1 year old well tank
Upgraded electrics
.

This is a home that has served a family for almost 50 years and awaits the new owners. A taste of rustic retreat with wood paneled walls, which give one a feeling of cozy warmth. Yes, it has a few little items that need attention, and that’s why the price is low, so the new owner can do it their way.

Ideal for an empty nester of a downsizing couple looking to add their input.

Come take a look, realize the potential and own your own little piece of Prospect CT.

Conveniently located near pharmacy, grocery, banking, post office, even the best little ice cream parlor in the area.

14 Pinecrest Dr Prospect CT