Brian Burke

Ellington CT Home Listings 
Market Report October 2009

Welcome to Ellington, CT!  Are you aware of all Ellington CT Home Listings?  Having a better understanding of the current market conditions is critical in order to help you make a more informed decision when buying or selling a home in Ellington.  To keep you up to date, I have included October 2009's market profile and trends for your consideration.

Property Sales
October Property sales were 14, down -6.7% from 15 in October of 2008 and 100.0% higher than the 7 sales last month. October 2009 sales were at a mid level compared to October of 2008 and 2007. October YTD sales of 119 are running -12.5% behind last year's year-to-date sales of 136.

Prices
The Median Sales Price in October was $290,199, up 25.1% from $232,000 in October of 2008 and up 17.0% from $248,000 last month. The Average Sales Price in October was $346,148, up 36.1% from $254,365 in October of 2008 and up 36.8% from $252,986 last month. October 2009 ASP was at the highest level compared to October of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of October was 111, down -5.9% from 118 last month and down -10.5% from 124 in October of last year. October 2009 Inventory was at its lowest level compared with October of 2008 and 2007.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2009 MSI of 7.9 months was at its lowest level compared with October of 2008 and 2007.

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 October was 75, up 13.6% from 66 days last month and down -6.3% from 80 days in October of last year. The October 2009 DOM was at a mid level compared with October of 2008 and 2007.

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 October 2009 Selling Price per Square Foot of $162 was down -6.8% from $174 last month and up 1.2% from 160 in October 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 October 2009 Selling Price vs Original List Price of 95.5% was up from 94.6% last month and up from 89.1% in October 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 October 2009 was 13, down -60.6% from 33 last month and down -51.9% from 27 in October of last year.

In this ever fluctuating real estate market, it's good to know what the current trends are when looking for Ellington CT Home Listings.  Each month, I will give you all the information you need to understand this.  As always, if you need further answers or clarification please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com. 

Ellington CT Homes For Sale
Market Report September 2009

Welcome to Ellington, Connecticut!  Having a better understanding of Ellington CT Homes For Sale and the current market conditions is critical in order to help you make a more informed decision when buying or selling a home in Ellington.  To keep you up to date, I have included September 2009's market profile and trends for your consideration.

Property Sales
September Property sales were 7, equal to 7 in September of 2008 and -56.3% lower than the 16 sales last month. September 2009 sales were at their lowest level compared to September of 2008 and 2007. September YTD sales of 105 are running - 13.2% behind last year's year-to-date sales of 121.

Prices
The Median Sales Price in September was $248,000, up 8.3% from $229,000 in September of 2008 and up 10.2% from $225,000 last month. The Average Sales Price in September was $252,986, down -8.5% from $276,520 in September of 2008 and down -5.9% from $268,762 last month. September 2009 ASP was at the lowest level compared to September of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of September was 118, up 8.3% from 109 last month and down -8.5% from 129 in September of last year. September 2009 Inventory was at its lowest level compared with September of 2008 and 2007.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2009 MSI of 16.9 months was at a mid level compared with September of 2008 and 2007.

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 September was 66, down -1.5% from 67 days last month and down -30.5% from 95 days in September of last year. The September 2009 DOM was at its lowest level compared with September of 2008 and 2007.

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 September 2009 Selling Price per Square Foot of $174 was up 24.6% from $139 last month and up 9.8% from 158 in September 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 September 2009 Selling Price vs Original List Price of 94.6% was up from 93.8% last month and down from 96.8% in September 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 September 2009 was 33, up 43.5% from 23 last month and up 50.0% from 22 in September of last year.

In this ever fluctuating real estate market, it's good to know what the current trends are when looking for Ellington CT Homes For Sale.  Each month, I will give you all the information you need to understand this.  As always, if you need further answers or clarification please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com. 

Ellington CT Real Estate Market Report
August 2009

Welcome to Ellington, Connecticut!  Having a better understanding of the current Ellington CT real estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in Ellington.  To keep you up to date, I have included August 2009's market profile and trends for your consideration.

Property Sales
August Property sales were 16, down -36.0% from 25 in August of 2008 and -27.3% lower than the 22 sales last month. August 2009 sales were at their lowest level compared to August of 2008 and 2007. August YTD sales of 98 are running -14.0% behind last year's year-to-date sales of 114.

Prices
The Median Sales Price in August was $225,000, down -18.2% from $275,000 in August of 2008 and down -36.6% from $355,000 last month. The Average Sales Price in August was $268,762, down - 4.3% from $280,797 in August of 2008 and down - 19.2% from $332,542 last month. August 2009 ASP was at the lowest level compared to August of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as of August was 109, up 2.8% from 106 last month and down - 22.7% from 141 in August of last year. August 2009 Inventory was at its lowest level compared with August of 2008 and 2007.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2009 MSI of 6.8 months was at a mid level compared with August of 2008 and 2007.

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 August was 67, down -2.9% from 69 days last month and up 26.4% from 53 days in August of last year. The August 2009 DOM was at a mid level compared with August of 2008 and 2007.

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 2009 Selling Price per Square Foot of $139 was down -10.8% from $156 last month and down -18.3% from 171 in August 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 August 2009 Selling Price vs Original List Price of 93.8% was down from 96.4% last month and down from 98.3% in August 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 August 2009 was 23, up 4.5% from 22 last month and up 27.8% from 18 in August of last year.

In this ever fluctuating real estate market, it's good to know what the current trends are when looking for Ellington CT Real Estate.  Each month, I will give you all the information you need to understand this.  As always, if you need further answers or clarification please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

Ellington CT Homes For Sale

Beautiful 4 bedroom Colonial now available in sought after Ellington CT neighborhood. Home offers 2 full bathrooms, completely remodeled kitchen with granite counters, newer windows, roof, furnace and driveway, hardwood floors, fireplace, irrigation system, 200 amp service and inground pool. THIS HOME WON'T LAST LONG.

If you are interested in searching for Elliington CT Homes For Sale or learning more about the current real estate market in your neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

Stafford Springs Real Estate

Looking for a NEWER, SPACIOUS, & SECLUDED home in Stafford Springs? This immaculate 4 bedroom, 2 full bathroom Cape Cod is situated on approximately 3 acres near Crystal Lake. Home boasts bambo & tile floors,ceiling fans, shed, appliances & 1 Year Home Warranty. The fully finished basement adds 624 sqft.  Truly the perfect home!

If you are interested in searching for Stafford Springs Real Estate or learning more about the current real estate market in your neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

South Windsor Condo For Sale

Looking for a spacious South Windsor Condo?  Bryrewood now offers a quaint 2 bedroom, 2 full bathroom second floor Condo with hardwood floors, a breakfast bar, central air, fully applianced and a private deck. The Condo amenities also include a pool and tennis court. 

If you are interested in searching for a South Windsor Condo or learning more about the current real estate market in your South Windsor neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

South Windsor Realty
South Windsor, Connecticut now offers a fully remodeled 3-4 bedroom Ranch with 2 full bathrooms, newer roof, newer windows, and newer kitchen.  The home also boasts hardwood floors, fireplace, large leveled and fenced-in yard with a patio and a finished lower level.  The seller is offering a 1 Year Home Warranty.  Terrific neighborhood to raise a family!!

If you are interested in searching for South Windsor Realty or learning more about the current real estate market in your neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

Vernon CT Real Estate

Great Value in this spacious & updated 2-Family owner-occupied or investment property located in Vernon Connecticut. Three bedrooms on 1st floor and two bedrooms on 2nd floor. Each unit has separate entrances. Plenty of additional storage in barn. Convenient location too!

If you are interested in searching for Vernon CT Real Estate or learning more about the current real estate market in your neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

Windsor Locks Real Estate

SELLER WANTS OFFERS before the the holiday is over. TRY YOUR LUCK.....take advantage of this piece of Windsor Locks Real Estate opportunity NOW.  Terrific and updated 1 bedroom condo with newer heat pump, central air conditioning, carpet and paint. Move-in condition and appliances included. Convenient location, close to airport.  1 YEAR HOME WARRANTY INCLUDED.

If you are interested in searching for Windsor Locks Real Estate or learning more about the current real estate market in your neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.
    

South Windsor Homes For Sale

PRICE REDUCED and Seller AGGRESSIVELY LOOKING for OFFERS.... Take advantage of this South Windsor Home For Sale while it lasts. Fantastic opportunity to own this remodeled and first floor condo in South Windsor.  The condo offers one large bedroom with plenty of storage, sunken living room, patio, pool and much more. 1 YEAR HOME WARRANTY. Perfect location too!

If you are interested in searching for South Windsor Homes For Sale or learning more about the current real estate market in your neighborhood, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.