March 5, 2008
Newington, CT
Single Families
- Average List Price: $270,000
- Average Sales Price: $268,000
- Active Listings: 70
- Closed Listings in Last 6 Months: 97
- Months of Inventory: 4 or Balanced Market
Of the 70 active listings, 7 are or may be short sales. Even in a balanced market, short sales are becoming more prevalent.
Condominiums
- Average List Price: $216,000
- Average Sales Price: $229,000
- Active Listings: 51
- Closed Listings in Last 6 Months: 81
- Months of Inventory: 4 or Balanced Market
Entry Filed under: Buying a House, Connecticut, Real Estate Market, Selling a House. Tags: balanced real estate market, Connecticut.
1. rings | March 15, 2008 at 8:19 am
Thank you for your information.
2. Manchester, Connecticut Real Estate Market Report February/March 2008 | April 7, 2008 at 7:11 pm
[...] – a deepening buyer’s market. With a few exceptions in Central CT, West Hartford and Newington for example, towns now have at least 6 months of inventory on the market, or a buyer’s [...]