Market Trends for South Windsor through the 3rd Quarter of 2012

From a two year high of inventory in May (75) we are now at the lowest market inventory since January (32).

With that said - and as it typically goes with suppy vs. demand models - less inventory on the market spells a greater opportunity for sellers that choose to list their homes - at the correct price of course.

The current low supply and higher than expected demand may not last forever, however with current intrest rates for a 30 year fixed mortgage at or below 3%, it's a win-win for both buyers and sellers right now.  

We have seen a recent increase in demand (buyers) in South Windsor in the $275,000 to $400,000 range. Typically, this represents a home that has 3-4 BR's and 2-3 Baths and could be from 2,000 to 3,000 s.f.

If you have any questions regarding the South Windsor market, please feel free to call or e-mail me.

Rocco Sanzo