Brian Burke

Manchester CT Real Estate Market Action Report
February, 2010

 The data for the month of February 2010 as it relates to properties for sale in Manchester CT is: 

• Property Sales
• Inventory
• Market Time
• Selling Price vs. Original Listing Price

Property Sales
The number of homes that sold in Manchester CT in February 2010 was 12.  This was a decrease of 52% compared to 25 properties that sold the prior month.  This was also a decrease of 57.1% from 28 properties sold in February 2009. 

Inventory
The number of homes available for sale in Manchester CT has remained pretty consistent over the last several years.  The total inventory of properties available as of February 2010 was 256 which is an increase of 4.1% from 246 in January, although down .4% from 257 properties for sale in Manchester CT in February of 2009.

Market Time
The term average Days on Market or (DOM) shows how many days the average property is on the market before it sells.  The DOM for Manchester CT was 39 for February 2010.  This is a 50.6% decrease from 79 days the prior month.  More importantly, for you the consumer, this downward trend of DOM for properties for sale in Manchester CT indicates a seller's market. 

Selling Price vs. Original Listing Price
The selling price versus the original listing price reveals the average amount that sellers are willing to come down from their original list price.  The lower the ratio is below 100% indicates more of a buyer's market.  The current ratio for properties for sale in Manchester CT is 94.4% indicating a buyer's market.

In this ever fluctuating real estate market, it's good to know what the current trends are when looking for your new property for sale in Manchester CT.  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 send an email to burkecthomes@gmail.com.

Properties For Sale In Manchester CT

Old world charm is abounding in Manchester CT, and its neighborhoods tell the tale of traditional New England.  Manchester is known for its historical feel, and its homes convey an aura of hallowed antiquity.  Indeed, Manchester is a great place to live, for home owners who understand the value of old quality and charm.  Combine those characteristics with long term value and a community richness that's second to none. Come and see for yourself the beauty and grace of Manchester homes!

Serving as a perfect example of Properties For Sale in Manchester CT, is the concurrent description. A Wellman Road property has just entered the market, which is the embodiment of repose and serenity.  This address boasts Large spacious rooms, a walk-in closet, multi zone heating and a finished lower level. The roof has recently been renovated, and the windows and carpet have been replaced.  Appliances are included with this fanciful home, as well as a 1 year home owner's warranty.  This incentive is good until April 30^th 2010, so let us show you this location today!

Finding a home is a complex process, and our job is to simplify that process as much as possible.  Give us a call and allow us to help you with your search.  We have plenty of locations in the town of Manchester, ranging from cozy starter homes, to more luxurious residences, all depending on what budget you're comfortable with, and the features that you are looking for in your next home.  Properties For Sale in Manchester CT are a fantastic value and a strong, safe investment, which you and your family will be proud of for years to come.  For more information, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

116 Wellman Road, Manchester, CT 06040

Manchester CT Listings

Looking for a great real estate investment in your next move?  Browse through our Manchester CT Listings, and you'll find a plethora of genuine values, no matter what your budget is.   When you take into account location, education, and proximity to major attractions, Manchester real estate is one of the best investments you can make, bar none.  You'll have easy access to all of central Connecticut's hotspots for shopping and nights out on the town, and your children will be enrolled in one of the most highly regarded school systems in the area.  Start the search for your next home in the right place, and search Manchester CT Listings!

On Wellman Road, we are currently offering quaint, cheerful little home that is ideal for the couple looking to start a family.  This residence is well appointed, including appliances, a finished lower level and recent renovation.  It features fresh carpet and new paint as well as a brand new roof.  Multi zone heating and a wood stove round off the amenities, and the yard is fully fenced in.  All of this, in a quiet safe neighborhood that you'll surely grow to love.  This home will come complete with a 1 year warranty, but incentives will expire on April 30^th, so come and view this gracious home today.

Our realtors have been placing people in the homes of their dreams for years, and we'd love to have the pleasure of doing the same for you.  You can expect top quality service as well as special attention to your specific situation and needs. Simply gives us your budget, along with what you are looking for, and we will take care of the rest.  Call us and put our team to work finding the next residence that you call home! For more information on Manchester CT Listings, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

116 Wellman Road, Manchester, CT 06040

Highland Park Elementary School is one of ten K-5 public schools in Manchester, CT, and is highly regarded in the region. Among other recent honors, it was awarded the 2009 School Climate Award by the Connecticut Association of Schools in 2009.  Its motto is "Striving Together For Excellence", and this can be witnessed through the strong bonds that teachers have forged with their students.  The school's curriculum places a strong emphasis on reading, personal expression, and the mastery of problem solving skills, and as such, courses are structured to provide students with a strong basis for the technical tools they will need to be successful in higher education.

Needless to say, choosing a great school system is an important consideration when planning your next move, and if you are thinking about moving to Manchester, you'll have peace of mind knowing that your child is getting a quality education.  Neighborhoods around Highland Park Elementary School are tranquil, quiet and safe, and are a wise choice to consider, when deciding where your next home will be.  In one of these neighborhoods, not too far from the school, we have a delightful residence for sale.  This Wellman Rd. location is the perfect starter home, and a fantastic real estate investment.

Virtually no extra work needs to go into this home, as everything has been upgraded for you! New carpets, windows and a new roof are some of the many features of this location. New appliances are included, and a finished lower level adds 500 sq ft of space to your living area.  A fenced yard provides a place that your children can safely play, and all of this comes with a 1 year home warranty. This incentive lasts until April 30^th 2010, so call us now.  This pleasing residence has it all, except for an owner! For more information on this home, and others with in the Highland Park Elementary School vicinity, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

NEW LISTING
116 Wellman Road, Manchester CT 06040

Manchester CT Homes For Sale

When most people think of Manchester, they think of Shopping, dining and road races.  The fact that many people neglect, however, is that in terms of home ownership, Manchester is quite possibly one of Connecticut's best kept secrets.  All one has to do is take a ride beyond the mall and shopping area, and it quickly becomes apparent that Manchester is more than good food and great entertainment. It's also one of the most textured and socially rich communities east of the river.  Neighborhoods in this town are mired in local tradition, and the homes in these neighborhoods speak to the pride that residents have for their town.  Explore Manchester CT Homes For Sale today, and own your piece of New England tradition!

Our listings of Manchester CT Homes For Sale are updated on a regular basis, so you'll always have a wide selection to choose from. For instance, we've recently added a beautiful property to our inventory, that is sure to grab your attention. On 116 Wellman Road, we have a cozy, comfortable Manchester CT home for sale that is absolutely perfect for the first time home buyer.  Much thought has been put into this residence and its amenities, including spacious bedrooms, an updated kitchen, multi zone heating and walk in closets. No need to buy any appliances, as this location comes fully furnished with them.  It even has a newer roof, as well as recently installed windows, carpet, and fresh paint.  All of this, with a 1 year home warranty! Take advantage of this deal before incentives expire on April 30^th 2010!

Manchester has much to offer for its prospective homeowners, and we are the team to help you find the home that is right for you.  We have plenty of first time homeowner options, such as the listing above, and we also have plenty of choices for the family looking to relocate into a larger living space. No matter what your particular needs are, we are ready and willing to help you find the perfect place to raise your family! For this, and other Manchester CT Homes For Sale, please contact Brian Burke at 860-798-3272 or email brian.burke@cbmoves.com.

NEW LISTING
116 Wellman Road, Manchester CT 06040

Manchester CT Real Estate
Market Report October 2009

Welcome to Manchester, CT!  Having a better understanding of the current Manchester CT Real Estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in Manchester.  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 56, up 14.3% from 49 in October of 2008 and 3.7% higher than the 54 sales last month. October 2009 sales were at their highest level compared to October of 2008 and 2007. October YTD sales of 471 are running 4.9% ahead of last year's year-to-date sales of 449.

Prices
The Median Sales Price in October was $185,000, up 8.9% from $169,900 in October of 2008 and up 0.5% from $184,000 last month. The Average Sales Price in October was $200,099, up 3.6% from $193,102 in October of 2008 and up 6.1% from $188,513 last month. October 2009 ASP was at a mid range compared to October of 2008 and 2007.

Inventory & MSI
The Total Inventory of Properties available for sale as ofOctober was 267, up 8.5% from 246 last month and down -12.5% from 305 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 4.8 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 49, down -7.5% from 53 days last month and down -19.7% from 61 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 $132 was down -4.2% from $137 last month and up 0.6% from 131 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 94.1% was down from 94.5% last month and up from 92.7% 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 106, up 21.8% from 87 last month and up 24.7% from 85 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 Manchester 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.

Manchester CT Real Estate
Market Report September 2009

Welcome to Manchester, CT!  Having a better understanding of the current Manchester CT Real Estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in Manchester.  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 54, up 58.8% from 34 in September of 2008 and -8.5% lower than the 59 sales last month. September 2009 sales were at their highest level compared to September of 2008 and 2007. September YTD sales of 415 are running 3.8% ahead of last year's year-to-date sales of 400.

Prices
The Median Sales Price in September was $184,000, down -3.2% from $190,000 in September of 2008 and up 1.1% from $182,000 last month. The Average Sales Price in September was $188,513, down -3.1% from $194,632 in September of 2008 and down -2.2% from $192,842 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 246, up 6.0% from 232 last month and down -25.2% from 329 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 4.6 months was at its lowest 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 53, up 3.9% from 51 days last month and down -15.9% from 63 days in September of last year. The September 2009 DOM was at a mid 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 $137 was up 1.7% from $135 last month and up 1.2% from 136 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 94.5% was down from 94.8% last month and up from92.8% 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 87, up 3.6% from 84 last month and equal to 87 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 Manchester 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. 

Manchester CT Real Estate
Market Report August 2009

Welcome to Manchester, CT!  Having a better understanding of the current Manchester CT Real Estate market conditions is critical in order to help you make a more informed decision when buying or selling a home in Manchester.  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 59, up 15.7% from 51 in August of 2008 and -4.8% lower than the 62 sales last month. August 2009 sales were at a mid level compared to August of 2008 and 2007. August YTD sales of 361 are running -1.4% behind last year's yearto-date sales of 366.

Prices
The Median Sales Price in August was $182,000, up 2.8% from $177,000 in August of 2008 and up 1.7% from $179,000 last month. The Average Sales Price in August was $192,842, down -3.7% from $200,237 in August of 2008 and down -2.2% from $197,277 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 232, down -2.1% from 237 last month and down -32.2% from 342 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 3.9 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 51, down -15.0% from 60 days last month and equal to 51 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 $135 was down -0.5% from $136 last month and down -0.5% from 136 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 94.8% was down from 96.0% last month and up from 94.7% 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 84, up 13.5% from 74 last month and down -11.6% from 95 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 Manchester 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.

Manchester CT Real Estate

Looking to live in a sought after Manchester CT neighborhood?  Gorgeous 3 bedroom, 1.1 bathroom Cape Cod with newer roof, water heater, patio, appliances and electrical is now available in Manchester.  This fantasitc Manchester CT home also boasts an updated kitchen with granite counters and bathrooms, gleaming hardwood floors, eat-in kitchen, crown molding, fresh paint, spacious yard, and stunning fireplace mantle.  One Year Home Warranty Included.  Great home to raise a family!

If you are interested in searching for Manchester 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.

Manchester CT Real Estate

Spacious Ranch For Sale in Manchester Connecticut.  This well kept home was recently painted, has newer carpet, harwood floors, an eat-in kitchen with stainless steel appliances, two remodeled bathrooms, an open floor plan, and a huge finished lower level with wet bar and walkout. The basement adds an additional 400 sqft. Don't miss out....Great home to raise a family!

    If you are interested in searching for Manchester 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.