Health & Fitness
South Windsor's September Real Estate Market Snapshot
September's Real Estate Market Snapshot offers the latest information as it relates to South Windsor property sales, prices, days on market, inventory, and the current market trends.
South Windsor Real Estate Market Action Report
September, 2012
The data for the month of September 2012 as it relates to properties for sale in South Windsor is as follows:
Property Sales
The number of homes that sold in South Windsor CT in September was 30. This was a decrease of 16.7% compared to 36 properties that sold the prior month. However, this was an increase of 20% from 25 properties sold in September 2011.
Find out what's happening in South Windsorfor free with the latest updates from Patch.
Inventory
The number of homes available for sale in South Windsor has remained pretty consistent over the last several years. The total inventory of properties available as of September 2012 was 150 which is a decrease of 6.3% from 160 in August, and down 11.2% from 169 in September of 2011.
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 South Windsor was 76 for September. This is a 52% increase from 50 days the prior month. More importantly, for you the consumer, this upward trend of DOM for properties for sale in South Windsor indicates a buyer’s market.
Find out what's happening in South Windsorfor free with the latest updates from Patch.
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 South Windsor is 97.0% indicating a seller’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 South Windsor. Each month, I offer 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 brian.burke@cbmoves.com.
