Archives: November 2009

Tolland Ct, Willington Ct, Coventry Ct, Storrs Ct, Mansfield Ct and Columbia Ct Home Sales and Real Estate Statistics for 11/22/09-11/30/09

The Latest Ct Real Estate Statistics

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.

Tolland Ct Real Estate

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 Real Estate

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 Real Estate

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 Real Estate

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.

There are Currently 285 Homes For Sale in Tolland, Willington, Coventry, Storrs, Mansfield and Columbia Ct, Compared to 299 Homes One Week Ago.

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!

Ashford Ct, Andover Ct, Pomfret Ct, Woodstock Ct and Windham Ct Real Estate Activity From 11/14/09-11/21/09

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 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:

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The Latest Real Estate Updates for Homes in Glastonbury Ct, South Windsor Ct, Vernon Ct and Ellington Ct

Pending Home Sales, Home Price Reductions, Expired Homes Listings and Foreclosed Homes in Glastonbury Ct, South Windsor Ct, Ellington Ct and Vernon Ct for 11/14/09-11/21/09

Glastonbury Ct Real Estate Market

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.

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Hebron Ct, Lebanon Ct, Manchester Ct, Bolton Ct, Marlborough Ct and Colchester Ct Up to Date Real Estate Activity

The Most Recent Real Estate Activity in the Towns of Hebron Ct, Lebanon Ct, Manchester Ct, Bolton Ct, Marlborough Ct and Colchester Ct from 11/14/09-11/21/09

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.

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Real Estate Activity in Tolland Ct, Storrs Ct, Mansfield Ct, Coventry Ct, Columbia Ct and Willington Ct

Real Estate Activity in Tolland Ct, Willington Ct, Coventry Ct, Storrs Ct, Mansfield Ct and Columbia Ct  from 11/14/09 – 11/21/09

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:

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The Happy Holidays Contest – Your Chance to Win $100 For You and Your Favorite Charity!

The Happy Holidays ContestWin 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!

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First Time Home Buyer Tax Credit Extension

First Time Home Buyer Extension Plus a Tax Credit for Everyone Who Has Owned Their Home For 5 Years

The new proposal extending the first time home buyer tax credit that is due to expire on November 30th  is still working it’s way through Washington, Senate leaders have agreed  to support extending the $8,000 first time homebuyer tax credit which will also offer a tax credit of up to $6500 to buyers who already own a home.  In order to qualify for the $6500 credit, repeat home buyers will need to have owned their current home for at least 5 years.  The new extension, if approved by the full Senate and then voted on and approved by the House,  will allow buyers to have until April 30th 2010 to get a signed purchase and sales contract on a home  and then they will have until June 30th to close.

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