The winner of the holiday contest is the story submitted by Beverly German and the runner up is Michael Aiudi’s tip for a game that will certainly help get conversations going during a holiday party. Thank you so much for all the great tips and recipes, have a wonderful New Year!
In an effort to keep our clients and readers up to date with the latest real estate statistics, here is the most recent activity from 11/22/09 – 11/30/09 in the residential real estate market for the following towns:
We are tracking the local eastern Connecticut residential real estate activity to keep you up-to-date on the real estate market, and below are the statistics for the past week.
Ashford Ct saw one home come on the market as a new listing, priced below 300K, and one home went under deposit, also priced under 300K.
Andover Ct had 3 homes come on the market as new listings with 1 priced above 300K. One home, priced over 300K, went under deposit and one home priced below 300K went under deposit.
Three homes on the market in Pomfret Ct had their listings expire, 2 were priced above 300K, there was no other residential real estate activity.
Woodstock Ct had one home, priced below 300K, go under deposit, there were no new homes listed last week. Ten homes expired, which seems to be very high, sometimes at this time of year sellers do take a break from the market in anticipation that the real estate market will be slow during the holiday season and due to the busy time of year. Tom and I have often found that this is actually a good time to have a home on the market – with a decrease in listings, your home may be the one to catch a buyers eye. We have tips and marketing strategies to position our clients homes properly in the market, if you have any questions about when to market your home or why it did not sell, give us a call at 860-429-2853 or email us directly at elaine@theburnsteam.net
Windham Ct and Willimantic Ct had 6 new listings this past week and all were priced below 300K. One home, priced below 300K went under deposit and 5 homes, all priced below 300K expired.
Windham Ct and Willimantic Ct currently have 99 homes on the market, compared to 100 homes last week.
Hebron Ct had 2 homes come on the market as new listings, there was no other activity for home sales in Hebron Ct.
Lebanon Ct had one home, priced below $300,000, come on the market as a new listing. Three homes priced under $300,000 went under deposit, and 4 residential listings expired, one was priced above 300K.
Six homes came on the market as new listings in Manchester Ct, 2 are priced above $300,000. Seven homes, all priced below $300,000 went under deposit and 1 home priced above 300K went under deposit. One new bank owned property came onto the market (this means the home has been foreclosed on and is now owned by, and being sold by, the bank). Seven homes priced below 300K expired and one home priced above 300K had it’s listing expire.
Two homes came on the market as new listings, both are priced above 300K. Two homes, both priced below 300K went under deposit and two listings expired during this period.
There was no residential real estate activity in Marlborough Ct - everyone was enjoying the Thanksgiving holiday!
Colchester Ct had one new listing priced below 300K come on the market and one home went under deposit, it was priced above 300K. During this period 3 homes expired and 1 was priced above 300K
During a holiday week, we typically expect the real estate market to be quiet, so it is good to see that a number of homes did go under deposit - we will review the current real estate market again in 7 days, in the meantime, call us or email any questions you have about the local real estate market in eastern Ct.
We are tracking the latest real estate statistics for residential properties, last week was Thanksgiving, and typically a slow time for home sales in Connecticut, but there is always some activity in the real estate market and this is what happened in real estate for the following eastern Connecticut towns.
One new listing came on the market, priced below $300,000. Three home listings expired, 2 were priced below $300,000 and one priced above, two homes went under deposit, one priced above $300,000.
Willington Ct did not have any homes come on the real estate market as new listings, and did have one home go under deposit that was priced above $300,000.
Coventry Ct had two homes come on the market as new listings last week and both are priced below $300,000 – one of these new listings is a short sale, meaning that the seller owes more on the mortgage than the current market value of the home. Tom and Elaine Burns are short sale specialists, if you are a buyer or seller and need help or have questions about short sales or foreclosures, please give us a call.
Columbia Ct did not have any new listings come on the market this week and there were 3 homes that has their listings expire, one was priced above $300,000. Two homes went under deposit and both were priced below $300,000.
146 of the homes are priced above $300,000. Six homes in these towns went under deposit from 11/22/09 – 11/30/09, two were priced above $300,000, compared to 3 homes priced below $300,000 going under deposit the week before. n homes expired, (meaning the homes did not sell during the time they were on the market and the listing has now expired), five of the expired listings were priced above $300,000.
Four new listings(compared to 15 the week before) came on the market and 1 is a short sale. We will check in again, in about 7 days with more updates, in the meantime, call us at 860-429-2852 and let us know if you have any questions!
The Connecticut Real Estate market is being carefully watched and The Burns Real Estate Group will post on a weekly basis the current, local real estate activity for many of the towns we cover in eastern Ct. Please check our blogs for real estate activity in other towns as we are putting groups of 5 or 6 six towns together at a time. If your town is not listed in this blog, just scroll through other blogs to find the community you are interested in – if we have not covered it, please give us a call at 860-429-2853 or send an email to elaine@theburns team.net and we will get the information for you! Real Estate activity for Ashford Ct, AndoverCt, Pomfret Ct, Woodstock Ct, Willimantic and Windham Ct from 11/14/09 – 11/21/09 is as follows:
Glastonbury Ct had 6 new listings come on the real estate market for sale this week and all 6 were priced over $300,000. There were 3 homes that did not sell in the time they have been on the market and are now expired, 2 of these homes were priced above $300,000. Only 2 homes went under deposit in Glastonbury this week and they were both priced below $300,000, there were no new real estate listings of foreclosed properties or short sales.
Hebron Ct - Hebron had 3 new listings come onto the market in the last 7 days, 2 of these are priced over $300,000. One listing for a home expired, it was priced at $275,000, 2 homes went under deposit, priced at 244K and 359K. No new foreclosed home or short sale properties came onto the market.
We know it can be hard to track the real estate market, the numbers come out long after the actual activity has occurred. Tom and I are going to keep you up-to-date on current, local real estate activity in the Eastern Ct towns we cover on a weekly basis. We will track how many new listings come onto the market, how many homes have sold, how many foreclosures and short sales come onto the market and how many homes go under deposit and in what price ranges. We will cover a number of towns, this is the real estate activity from 11/14/09 – 11/21/09 for the following towns:
Win a $100 for Submitting Your Holiday Tip to The Burns Real Estate Group!We Will Make a $100 Donation to Your Favorite Charity Too!
Everyone is invited to share great holiday tips to help all of us get through this fast-paced season. The winner will receive a $100 gift card, and the runner up will win a holiday gift basket including coupons and gift cards to get you through the holiday season! The Burns Real Estate Group will also make a donation to the winner’s favorite charity. Your chance to win starts November 10!
The Burns Real Estate Group. Tom and Elaine Burns • Keller Williams Realty