Tag Archives: real estate

New Haven County Market Trends Active vs. Sold 3/10-3/11

Take a look at the graph below for an interesting look at the real estate market in New Haven county from the past year.  This shows how many homes are on the market (single family homes and condos) each month and how many actually sold each month. 

 

I thought this graph was interesting because it shows how daunting it can be to sell a house today.  There is so much competition out there! For example, in March of this year 410 homes sold in New Haven county.  Not a bad number, but when you consider that’s not even 8% of the homes on the market in March it doesn’t sound terrific either.  

This is another reason why I stress to my seller-clients the importance of pricing your home correctly from the beginning.  Buyers are savvy and have done their homework.  They know what a home is generally worth and when it is priced accordingly the buyers in the market are interested in it.  Of course any home sale involves lots of negotiation, but you won’t get to that point if you can’t even get them in the door to look at your home because it is overpriced! The bottom line is that No Showings = No Offers. It’s pretty simple, actually.  And it’s amazing how the right price fixes lots of “perceived problems” a buyer may have with your home! 

If your home is currently on the market and is overpriced, a price reduction can do the same for you.  Sellers, don’t worry.  Buyers are not going to think something is wrong with your house if you lower your asking price (as I’ve heard from some clients in the past).  They will think you are motivated to sell it! 

Email me at sarah.guertin@cbmoves.com for more specific market stats on your CT town!

P.S. April stats should be out next week! Stay tuned!

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My Elementary School & Other Weird Places I’d Like to Live

When I was a kid I remember wishing that I could live at my school.  Not because I loved school so much I wanted to be there all the time.  (I was a good student, but let’s not go crazy.) But because I thought it would be really cool to have my run of the place, as my home.  I could envision a classroom as my bedroom, and so on.  To give you an idea of the layout, my elementary school was a single level and rectangular in shape, with one long hallway that ran all the way around the building.  The hallway opened to classrooms on either side, and in between some classrooms, there were long stretches of big windows that opened to courytards in the middle of the school.  As a child I could see having gardens in the courtyards, and playing there too.  I always thought it would be a really neat place to live. 

I still do actually.  I’ve always been able to envision myself living in a non-traditional space like a church or a fire station, or some other random building.  My husband and I once looked at buying a place in Vermont that had a loading dock.  It was a brick warehouse, but was manageable in size.  Manageable enough for us to consider transforming it into a home/studio anyway.  I don’t remember exactly why we didn’t go for it in the end.  But I think the main reason was its proximity to railroad tracks.  (They were about 15 feet behind the building.)  Good for a warehouse, bad for a house-house.

If you’re looking for a non-traditional home right now, there just happens to be a former church for sale in Noank, CT.

It’s definitely unique!  This heavenly property is available for a mere $895,000.  At that price it should be considered a sin not to buy it! (Sorry, I couldn’t resist.) Click here if you’d like to see more information about this home!

I’m curious to hear if anyone out there lives in or has thought about living in a non-traditional home.  Please let me know your story!

Stat Sunday: New Haven County Market Report January 2011

Good News for Buyers!

Sales were down slightly last month in New Haven county when compared to January levels of the past two years.  There were 295 homes sold in New Haven County last month (single family homes and condos).  This is down nearly 30% from the 417 that were sold in January of 2010 and 42% lower than the 509 sales in December 2010.  Last month’s sales were at their lowest level compared to January of 2009 and 2010.   So all these stats don’t sound good for sellers, right?  Well, it’s not BAD for sellers, but it’s definitely better to be buying a house these days rather than selling one. 

I compiled market statistics for New Haven county for last month and have included the report here.  If you want market statistics for a specific Connecticut town please let me know.  I can research information like days on market, average sales price, selling price per square foot and much more.  Shoot me an email with your request and I’ll get you the stats right away.

Stat Sunday: New Haven County Market Report December 2010

Most people I know who are interested in Real Estate generally like to talk numbers. For them, and others like them, I’ve started, “Stat Sunday.” Each Sunday I’ll post some new markets statistics for your reading pleasure. 

This Sunday, I decided to start at home, with a Market Report jam packed with facts and figures on the real estate market here in New Haven County.  I figured I’d better get this report in before the calendar turned to February!

Let’s Talk Prices

The Median Sales Price in December was $210,700, up 5.4% from $199,900 in December of 2009 and up 12.4% from $187,500 last month. The Average Sales Price in December was $249,895, up 3.0% from $242,559 in December of 2009 and up 11.4% from $224,375 last month. December 2010 ASP was at a mid range compared to December of 2009 and 2008.

Want more statistics like Time on Market, List Price vs. Sold Price, etc? Click the link to read the full report in a .pdf file. New Haven County December 2010 

Contact Me If You’d Like Market Statistics On A Specific Town!

For Sale: Ranch-Style Condo with River Views in Wallingford

 

Sip coffee from your deck as you watch the peaceful waters of the Quinnipiac River roll by.  One-level living and handicap accesible, this end-unit condo has lots of windows and is bright– even on dark days!

Convenient to Highways, Shopping and Restaurants! CLICK on the picture to see Detailed Information, including community info) about this nearly-new, 1-bedroom, 1-bath condo priced at $179,900.

If you’re like me and want to see a little more of the surrounding area check out the Google street level map below.  Click on the arrows for a 360 degree view of the neighborhood!


Please contact me with any questions or if you’d like to set up a private showing!

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