Glastonbury CT 3BD Cape Cod Home! Monday, Nov 5 2012 

Glastonbury CT 3BD Cape Cod Home!

64 Spring St, Glastonbury CT

This custom built Cape Cod home affords you all the amenities and conveniences of living in town and awaits your decorating ideas. The home features eat-in kitchen, dining room, living room with fireplace and two first floor bedrooms. The second floor has third bedroom and walk-in attic for easy storage access or finish for more living space. There is a quaint breezeway to enjoy the warmer days and connects the house and garage.

There is public utilities, gas heat, newer water heater, updated electrical and good storage space in the basement. You will also find the laundry and work shop area to round out the basement.

The lot is level with large open backyard great for entertaining or even a garden. There is also a two-car attached garage to round out the features of this lovely home.

Don’t delay, see today and make this Glastonbury CT 3BD Cape Cod Home!

Glastonbury CT Market Update Saturday, Sep 1 2012 

Glastonbury CT Market Update

Ask any active Realtor and they will tell you that 2012 has been much better than 2011. Here’s a snap shot of the year-to-date Glastonbury CT Market Update.

Property Sales

August Property sales were 32, up 3.2% from 31 in August of 2011 and -17.9% lower than the 39 sales last month. August 2012 sales were at their highest level compared to August of 2011 and 2010. August YTD sales of 224 are running 21.1% ahead of last year’s year-to-date sales of 185.

 

Prices

The Median Sales Price in August was $361,800, down -2.2% from $370,000 in August of 2011 and up 13.1% from $320,000 last month. The Average Sales Price in August was $459,350, up 12.4% from $408,529 in August of 2011 and up 17.6% from $390,537 last month. August 2012 ASP was at highest level compared to August of 2011 and 2010.

 

 Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The August 2012 Selling Price per Square Foot of $179 was up 8.5% from $165 last month and up 13.3% from $158 in August of last year.

  

Ready to buy or sell this Glastonbury CT Market Update will help you understand the current market conditions. Then contact Your Central CT Realtor, schedule an appointment to discuss your real estate needs.

Footnote: Based on information from Connecticut Multiple Listing Service, Inc. for the period 9/1/2009 through 8/31/2012. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS’s may not reflect all real estate activity in the market.

New England Charm in Glastonbury 4 bedroom Ranch! ~ Open Sunday! Thursday, Mar 8 2012 

104 Evergreen Lane, Glastonbury

Open Sunday March 11 1:00 – 3:00

New England Charm in Glastonbury 4 bedroom Ranch! ~ Open Sunday! Charming Glastonbury four bedroom ranch home is sited on almost an acre of land offers lots of charm and a finished walk-out basement. The seven room home offers a spacious living room with fireplace, built-ins and hardwood floors as well as a formal dining room open to the kichen. The bedrooms all feature hardwood floors and the master bedroom has an updated full bath. Rounding out the homes layout is the finished walk-out lower level adds an additional 500 square feet of living space.

The home has water views of Wood Pond, there is an optional pond association that homes surrounding the pond can join. The area is centrally located to Glastonbury Center and the South Glastonbury area. The town center offers an abundance of restaurants, shops and all your day-to-day shopping needs. The town of Glastonbury is an inviting town with a population of 33,000+ residents covering a 52.5 square miles (third largest town in the state). The town cosists of six elementary schools, one sixth grade school, one middle school (grades 7-8) and one high school. There is a rich history, a number of farm stands and orchards and so much for residents and visitors to do and see.

Enjoy the New England Charm in Glastonbury 4 bedroom Ranch and stop by March 11th for the Open House!

Your Central CT Realtor Monday, Mar 5 2012 

Your Central CT Realtor

Ready to buy a new home and need to sell your current too? I’ll put together a marketing plan that will get results. Call today to set up your appointment.

*Looking outside of Connecticut I can help you find a great agent for your next move. Let’s talk!

~Jamie R. Bell, GRI

Market Trends for Glastonbury CT Saturday, Jan 28 2012 

Glastonbury is a desirable Central CT town with a population of approximately 33,000 residents. The town hosts the Annual Apple Festival, features numerous orchards, farm stands, hills and valleys. Located seven (7) miles Southeast of Hartford it offers its residents an abundance of town activities, solid school system and wonderful overall reputation. Considering a move? Check out the real estate Market Trends for Glastonbury CT.

Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $399,900 0%   8%        
Average List Price of all Current Listings $511,254 4%   -2%        
December Median Sales Price $380,000 41% 7% 23% 4% $367,000 2% 0%
December Average Sales Price $444,938 28% 12% 14% 6% $430,542 5% 3%
Total Properties Currently for Sale (Inventory) 161 -6%   17%        
December Number of Properties Sold 21 -25%   -16%   289 -9%  
December Average Days on Market (Solds) 78 26% 4% 8% 13% 68 0% -1%
Asking Price per Square Foot (based on New Listings) $188 -1% 5% -5% 7% $176 1% 0%
December Sold Price per Square Foot $161 -6% -2% -2% -3% $166 -1% 0%
December Month’s Supply of Inventory 7.7 26% 2% 39% 14% 7.5 12% 12%
December Sale Price vs List Price Ratio 96.6% -0.5% 0% 0% 0.4% 96.4% -0.3% 0.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Trends are for single family homes between $100,000 – 5,000,000

Property Sales

December Property sales were 21, down -16.0% from 25 in December of 2010 and -25.0% lower than the 28 sales last month. December 2011 sales were at a mid-level compared to December of 2010 and 2009. December YTD sales of 289 are running -9.1% behind last year’s year-to-date sales of 318.

 
Prices

The Median Sales Price in December was $380,000, up 22.6% from $310,000 in December of 2010 and up 41.0% from $269,450 last month. The Average Sales Price in December was $444,938, up 14.2% from $389,700 in December of 2010 and up 27.7% from $348,455 last month. December 2011 ASP was at highest level compared to December of 2010 and 2009.

 
Inventory & MSI

The Total Inventory of Properties available for sale as of December was 161, down -5.8% from 171 last month and up 16.7% from 138 in December of last year. December 2011 Inventory was at highest level compared to December of 2010 and 2009.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 7.7 months was at its highest level compared with December of 2010 and 2009.

 
Market Time

The average Days On Market (DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for December was 78, up 25.8% from 62 days last month and up 8.3% from 72 days in December of last year. The December 2011 DOM was at its highest level compared with December of 2010 and 2009.

 
Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The December 2011 Selling Price per Square Foot of $161 was down -6.4% from $172 last month and down -2.4% from $165 in December of last year.

 
Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The December 2011 Selling Price vs Original List Price of 96.6% was down from 97.1% last month and up from 96.2% in December of last year.

 
Inventory / New Listings / Sales

‘This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 26, equal to 26 last month and up 136.4% from 11 in December of last year.

Come discover all the beauty this Central CT town offers… Market Trends for Glastonbury CT!

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