Archives: August 2010

Tolland County Ct Home Sales Market Report

 

Tolland County Connecticut Market Trends

Tolland County, in Connecticut, is made up of 13 towns, including Ellington Ct, Tolland Ct, Mansfield Storrs Ct, Coventry Ct and Columbia Ct.  The recent pending  home sales and new listings coming on the market are important to watch whether you are a Tolland County home buyer or a seller. 

For the last 30 days the Tolland County area has had 88 residential properties go under deposit and 232 homes have come on the market as new listings, there are currently a total of 903 homes on the market in Tolland County.

Pricing Breakdown for Tolland County Pending Home Sales and Homes For Sale.

Under 200K – 34 homes went under deposit and 54 new listings came on the market – Currently there are 185 homes for sale in this price point.

 200K-300K –  35 homes went under deposit and 88 new listings came on the market – Currently there are 307 homes for sale in this price point.

300K-400K – 15 homes went under deposit and 54 new listings came on the market – Currently there are 211 homes for sale in this price point.

 400K-500K – 2 homes went under deposit and 24 new listings  came on the market – Currently there are 117 homes for sale in this price point.

Over 500K – 2 homes went under deposit and 12 new listings came on the market – Currently there are 83 homes for sale in this price point.

Positioning Your Tolland County Home to Sell

It is imperative, as a Tolland County home seller, that you talk with your Realtor to find out how to get your home pushed to the top of the home buyers list so YOUR home will be one of the “pending” sales in the next 30 days.  Make sure you ask for all current marketing trends while your home is on the market to be sure you are knowledgable about the home selling market and to be sure your home is positioned properly and marketed directly to your pool of buyers in the current marketplace.

We understand that while these are not great numbers, they do show us that homes are still selling!  We are often asked “is anything selling?” and the answer is yes – great marketing, correct positioning in the current market, and making sure your home is available, prepared and ready for any and all showings is crucial. 

Tolland County Home Buyers Have a Lot of  Good Choices and GREAT Mortgage Rates available to Them!

Buyers also need to be aware that homes are selling – in fact, homes that are viewed as well priced for the current market go under deposit, on average, in less than 30 days – that’s a big surprise to most buyers! Good properties, priced correctly, sell very fast to savvy buyers.  Be sure your Realtor is keeping you up to date on market trends too, and when a great property comes on the market you will be educated and able to make a good sound decision about whether or not the property is “right” for you. 

The mortgage rates are fantastic – we are reaching historic lows and the opportunity to buy a great home, at a great price, with great mortgage rates is a rare combination that you will want to take advantage of!

Please send in your comments and let us know what you are seeing in your home selling or buying process.  You can also call – 860-655-4688 or email  with any questions about the purchase or sale of a home in todays market, we are happy to be of help!