Manchester, CT Real Estate News

By Peggy Chirico, REALTOR® 860-748-8900, Hartford & Tolland County Real Estate
(Prudential CT Realty)
Forest Ridge Condominiums in Manchester, CT is located on the Manchester/Vernon town line and offers quiet, country living at its best.  The small complex of about 60 units is nestled between Lydall Street and Greenwood Drive in a serene wooded area.Most of the units at Forest Ridge Condominiums are very spacious townhouses with over 1600 sq. ft. of living space, three bedrooms, two and a half  baths, dining area, and large eat-in kitchen.  With full basements, lots of closets, and a carport, there is plenty of room for storage.  Each unit has a private deck facing the woods.  The complex also has a pool and tennis courts.  With low HOA fees and plenty of amenities, Forest Ridge Condominiums is a great place to call home.Forest Ridge Condominiums is a very stable community and units don...
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By Peggy Chirico, REALTOR® 860-748-8900, Hartford & Tolland County Real Estate
(Prudential CT Realty)
Oak Forest Condominiums in Manchester, CT is a quiet complex of about 100 units that is centrally located yet secluded. Tucked between North Main Street and Tolland Turnpike, Oak Forest Condominiums offer spacious townhomes with attached garages and plenty of outdoor space, including dog walks. According to residents, the complex is very stable, with many residents being long-time owners.  There isn't much turnover, so if a home comes on the market, it doesn't stay on the market for long.The only unit in Oak Forest Condominiums currently on the market is 52 Oak Forest Drive, listed at $181,000.  This unit features:   1,366 square feet of living space Two bedrooms One and a half baths New hardwood floors and new carpeting upstairs New central air, new furnace, and new appliances Private...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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 SalesThe 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.    InventoryThe 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 Mancheste...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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 z...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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.  T...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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 th...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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...
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By Peggy Chirico, REALTOR® 860-748-8900, Hartford & Tolland County Real Estate
(Prudential CT Realty)
Friday was a joyous day for a buyer that I had been working with since June of last year.  We started looking at condos that would fit his criteria--spacious for him, quiet for his dog, near nature trails, in his price range, etc.  We toured about ten properties, but he decided on a unit in a quiet complex that rarely has any active listings. Unfortunately, it was a short sale, but we put an offer in and waited.  And waited.  And waited.  And waited.  When another unit came up for sale in the same complex, he decided to rescind his offer on the other unit and put an offer in on this one.  At the beginning of November, we had an accepted contract with a closing at the end of January to accommodate the seller.  What should have been a relatively easy transaction turned into anything but. ...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
Homes for Sale in Manchester CTReal Estate Market Action Report for January, 2010   The data for the month of January 2010 as it relates to homes for sale in Manchester CT is:  Property Sales Inventory Market Time Selling Price vs. Original Listing Price    Property SalesThe number of homes that sold in Manchester CT in January 2010 was 21.  This was a decrease of 53.3% compared to 45 homes that sold the prior month.  However, this was an increase of 10.5% from 19 in January 2009.    InventoryThe 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 January 2010 was 254 which is an increase of 11.9% from 227 in December, although down 3.1% from 262 homes for sale in Manchester CT...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
1.    Get "Pre-Qualified!  Stop wasting your time looking at homes that are out of your price range.  Sure, many Manchester CT homes for sale will be reduced before they go under contract, but if the price is $50,000 out of your price range the chances a seller is going to reduce their price by that much, without reducing it first, are few and far between. Be sure you are in the optimal position from which to negotiate. Price is only one bargaining chip in the negotiations, and not necessarily the most important one. Buyer strength and length of escrow are usually critical to sellers.  Getting qualified for a loan before you start looking at Manchester CT homes for sale is a simple process. This means that you spend a few minutes on the phone with a mortgage lender who asks you a few qu...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
Manchester CT Homes For Sale - Market Report November 2009 Welcome to Manchester, Connecticut!!  Having a better understanding of Manchester CT Homes For Sale and the current Manchester CT 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 November 2009's market profile and trend reports for your consideration.   Property SalesNovember Property sales were 54, up 31.7% from 41 in November of 2008 and -5.3% lower than the 57 sales last month. November 2009 sales were at a mid level compared to November of 2008 and 2007. November YTD sales of 526 are running 7.3% ahead of last year's year-to-date sales of 490.   Inventory & MSIThe Total Inventory of Manchester CT Homes For Sa...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
  Manchester, Connecticut Real Estate Market ReportDecember, 2009 Welcome to Manchester, CT!!  Having a better understanding of the current Manchester 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 December 2009's market profile and trends for your consideration.   Property SalesDecember Property sales were 43, up 10.3% from 39 in December of 2008 and -20.4% lower than the 54 sales last month. December 2009 sales were at their highest level compared to December of 2008 and 2007. December YTD sales of 569 are running 7.6% ahead of last year's year-to-date sales of 529.   Inventory & MSIThe Total Inventory of Properties available for sale as of December was 2...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
Manchester CT Realty Market ReportNovember 2009 Welcome to Manchester, Connecticut!!  Having a better understanding of the current Manchester CT Realty 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 Novembert 2009's market profile and trends for your consideration.   Property SalesNovember Property sales were 52, up 26.8% from 41 in November of 2008 and -7.1% lower than the 56 sales last month. November 2009 sales were at a mid level compared to November of 2008 and 2007. November YTD sales of 523 are running 6.7% ahead of last year's year-to-date sales of 490.   PricesThe Median Sales Price in November was $182,000, up 1.2% from $179,900 in November of 2008 and down -...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
Manchester CT Real EstateMarket 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 SalesOctober 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.   PricesThe Median Sales Price in October was $185,000, up 8.9% from $169,900 in October of 2008 and up 0.5% ...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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 SalesSeptember 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.   PricesThe Median Sales Price in September was $184,000, down -3.2% from $190,000 in Septembe...
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By Brian Burke, Your Realtor & Foreclosure Expert
(Coldwell Banker)
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 SalesAugust 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.   PricesThe 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...
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By Peggy Chirico, REALTOR® 860-748-8900, Hartford & Tolland County Real Estate
(Prudential CT Realty)
How is the real estate market in Manchester, CT?  You may be surprised!  Most people think that real estate comes to a screeching halt during the holidays.  In fact, I have had many sellers ask if they should wait until after the holidays to put their homes on the market.  Fortunately for them and for interested buyers, many people put their homes on the market and continue to keep them on throughout the season. Closed sales this December in all price ranges were 30; last December also had 30--UNCHANGED!  In addition, the median price this December was $176,450 versus $175,000 for last December--a slight increase but certainly not the doom and gloom that had been forecast. Clearly, as in October and November, buyers are still coming forth to claim their first-time homebuyers' tax credit...
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By Lani Sanethong
(Virtual Homes, Inc.)
Manchester, Connecticut Real Estate and Homes for Sale The home buying process can be complicated and you will benefit from the guidance of industry professionals. A real estate buyer's agent, mortgage lender and an attorney are the primary advisors in the purchase of property. If you are a first-time home buyer or an existing owner, you may qualify for a tax credit and could be eligible for special financing programs. Start your search be determining your price range, housing needs and lifestyle you desire. Manchester CT real estate will assist you in finding the right property to meet your needs from local area homes for sale, foreclosure listings (bank-owned), country properties, land, condominiums and equine facilities -- all through the CT Multiple Listing Service (MLS). Request re...
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By Peggy Chirico, REALTOR® 860-748-8900, Hartford & Tolland County Real Estate
(Prudential CT Realty)
As I was making up my shopping list for Thanksgiving, it occurred to me that I probably use more SPICES at Thanksgiving than at any other time of the year.  If you try to buy them at the grocery store, you will probably break the bank. I have ordered spices from Penzey's and have found their selection, quality, and prices to be outstanding.  They also opened up a shop at 24 LaSalle Road in West Hartford, and I could have driven there today.  But I was short on time today so I decided to see if we had a local option. What luck!  In Manchester, next to Adam's Mill Restaurant is The Spice Mill at 191 Adams Street.  They supply manufacturers and restaurants with spices and also offer smaller quantities for home use.  They have spices, herbs, and specialty items, and the prices are a fractio...
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By Jon Sigler, South Windsor Homes for Sale 860-306-8029
(Coldwell Banker Realty)
Buying foreclosure or REO property in Manchester, Connecticut can sometimes provide you with a great bargain.  Not all foreclosure or REO properties are great bargains.  How can you make sure your offer is great and more likely to be accepted by the bank or owner of the property?  Use these six tips for a successful offer: What did the current owner pay for the property and what kind of loan did they use.  This matters so you can see what the bank may need to receive in selling the property.  If the original loan was an FHA loan there is insurance that will cover 100% of the shortfall (if there is one).  Getting this answer usually requires going to town hall and that can also provide you with information about the status of the property. The market value of the property.  You want to k...
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