South Windsor CT Market Report for November 2011

The weather following our freak snowstorm on October 29 was wild and crazy, but the real estate market was pretty tame in South Windsor CT during November 2011.  There were 13 homes sold compared with 14 homes sold in November 2010.  The total homes sold per month were at the lowest since March 2011.

In November 2011, the median price was $240,000, compared with a median price of $281,950 in November 2010.  Here are the properties that sold in November 2011 in South Windsor CT, showing the list price, sold price, and days on market (DOM).

Address

List Price

Sold Price

DOM

294 Hilton Drive

$135,000

$125,000

2

595 Strong Road

$164,900

$151,200

149

261 Skyline Drive

$189,000

$172,000

80

35 Brook Street

$184,900

$181,000

9

92 Hillside Drive

$219,900

$217,500

101

154 Pine Tree Lane

$229,900

$222,500

33

22 Pintail Circle

$249,900

$240,000

97

86 Judy Lane

$259,900

$260,000

155

45 Rugby Lane

$279,900

$280,500

115

15 Drake Court

$309,900

$295,000

9

200 Clinton Drive

$359,000

$340,000

179

795 Chapel Road

$349,900

$345,000

13

112 Bridlewood Road

$469,000

$480,000

120

 

The median price also took a hit when compared to the past few months.  Here is a recap of the number of closed sales and median price by month for 2011 to date:

Month # of Closed Sales Median Price
November 13 $240,000
October 14 $275,000
September 16 $313,385
August 25 $240,000
July 20 $285,900
June 21 $259,900
May 20 $218,500
April 17 $220,000
March 8 $237,250
February 7 $305,000
January 14 $251,500

On a brighter note, however, there are 6 homes under contract and 22 under deposit, so we will have to wait and see how many properties close by the end of the year.

The South Windsor CT has always been a desireable real estate market, and buyers hoping to find their next house in South Windsor only have 77 homes to choose from.  They range in price from $14,900 for a two-bedroom, one-bath 700 sq. ft. mobile home to $1.3 million for a six-bedroom, two-bath, 3054 sq. ft. farmhouse on 75 acres.  The median price of homes on the market is $269,900.

Given the inventory, the absorption rate for South Windsor is 8.08 months.  Of course, with such a wide range of prices, buyers need to realize that there are quite a bit fewer homes at their preferred price point. If you are buying or selling a home in South Windsor CT, please contact me if you would like more information about the South Windsor CT real estate market.

 

Peggy Chirico, REALTOR®
Serving the Greater Hartford Area
Prudential Connecticut Realty

If you are buying or selling a home in Hartford County or Tolland County, please call me at 860-748-8900, , or use the Contact Request Form.  I would be happy to help you with your home search or answer any of your real estate questions.

Find your dream home now!

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