Manchester CT Market Report for October 2011
By Peggy Chirico, REALTOR® 860-748-8900, Hartford & Tolland County Real Estate
(Prudential CT Realty)
Manchester CT Market Report for October 2011 October was an interesting month in Manchester CT real estate sales. While the number of closed sales held steady over the prior few months, the median price dropped significantly. The same was true when comparing last October with this October. During October 2011, there were 26 closed sales with a median price of $147,750, while during October 2010, there were 20 closed sales with a median price of $179,900. Here is the breakdown by price range: Price Range October 2011 October 2010 Under $100,000 2 - $100,000-$149,999 11 3 $149,999-$199,999 7 9 $200,000-$249,999 1 4 $250,000-$299,999 2 1 $300,000-$349,999 2 - $350,000-$399,999 3 1 Over $400,000 1 1 Total 26 20 Should we be concerned about the median price drop? We will have to w...
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