Southington, CT Real Estate News

By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT October 2014      Search for Homes in Southington CT   Currently in Southington CT there are 236 active residential listings for sale, with 67 new listings being added in October. The homes for sale in Southington CT range from a 854 square ft, 2-bedroom mobile home listed at $25,000 to a 4,618 square ft, 4-bedroom, colonial estate listed at $1,099,000. The average list price of the homes currently available for sale in Southington CT is $347,412. The average days on market for these homes are 78 days. In addition, there are currently 43 homes under contract in Southington CT, with 14 having gone under contract in October.   In October, 39 homes closed in Southington CT. They ranged from a 1,044 square ft, 3-bedroom cape, which sold for $82,200 to a...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT September 2014       Search for Homes in Southington CT   Currently in Southington CT there are 263 active residential listings for sale, with 50 new listings being added in September. The homes for sale in Southington CT range from a 896 square ft, 2-bedroom mobile home listed at $59,900 to a 4,700 square ft, 4-bedroom, colonial estate listed at $1,195,000.   The average list price of the homes currently available for sale in Southington CT is $345,349. The average days on market for these homes are 98 days. In addition, there are currently 40 homes under contract in Southington CT, with 12 having gone under contract in September.   In September, 46 homes closed in Southington CT. They ranged from a 720 square ft, 2-bedroom mobile home, which sold ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
46th Southington CT Apple Harvest Festival It’s the first weekend of the Southington CT Apple Harvest Festival, and although the weather has been questionable the fun is still there. This is the 46th year and it should be every bit as successful with organizers expecting another 100,000 person crowd by the time it ends next Sunday evening. Not all of the booths are open during the week, the Apple Fritter booth will be open every day from 6 AM to closing at 9 pm with exception of Sunday at 6 PM.   There are rides for the kids, with special day passes available. Vendors and exhibitors booths line the town green in addition to Riccio way. The second weekend features the Arts and Crafts Fair, with live entertainment scheduled throughout the day. Festival hours are:   Fri      5 PM to 9 PM  ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
 Market Statistics for Southington CT August 2014       Search for Homes in Southington CT Currently in Southington CT there are 265 active residential listings for sale, with 81 new listings being added in August. The homes for sale in Southington CT range from a 896 square ft, 2-bedroom mobile home listed at $59,900 to a 4,700 square ft, 4-bedroom, colonial estate listed at $1,195,000.   The average list price of the homes currently available for sale in Southington CT is $345,763. The average days on market for these homes are 89 days. In addition, there are currently 54 homes under contract in Southington CT, with 18 having gone under contract in August.       In August, 42 homes closed in Southington CT. They ranged from a 930 square ft, 2-bedroom mobile home, which sold for $70,00...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT July 2014       Search for Homes in Southington CT   Currently in Southington CT there are 282 active residential listings for sale, with 81 new listings being added in July. The homes for sale in Southington CT range from a 720 square ft, 2-bedroom mobile home listed at $48,000 to a 10,099 square ft, 4-bedroom, British country manor estate on 9 acres listed at $4,900,000.   The average list price of the homes currently available for sale in Southington CT is $365,035. The average days on market for these homes are 88 days. In addition, there are currently 51 homes under contract in Southington CT, with 14 having gone under contract in July.     In July, 51 homes closed in Southington CT. They ranged from a 924 square ft, 2-bedroom mobile home, whic...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT June 2014       Search for Homes in Southington CT   Currently in Southington CT there are 286 active residential listings for sale, with 81 new listings being added in June. The homes for sale in Southington CT range from a 728 square ft, 2-bedroom mobile home listed at $48,000 to a 10,099 square ft, 4-bedroom, British country manor estate on 9 acres listed at $4,900,000.   The average list price of the homes currently available for sale in Southington CT is $360,885. The average days on market for these homes are 83 days. In addition, there are currently 46 homes under contract in Southington CT, with 17 having gone under contract in June.     In June, 46 homes closed in Southington CT. They ranged from a 806 square ft, 2-bedroom mobile home, whic...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT May 2014       Search for Homes in Southington CT   Currently in Southington CT there are 261 active residential listings for sale, with 65 new listings being added in May. The homes for sale in Southington CT range from a 792 square ft, 2-bedroom mobile home listed at $63,000 to a 10,099 square ft, 4-bedroom, country manor estate on 9 acres listed at $4,900,000.   The average list price of the homes currently available for sale in Southington CT is $357,156. The average days on market for these homes are 83 days. In addition, there are currently 69 homes under contract in Southington CT, with 32 having gone under contract in May.     In May, 36 homes closed in Southington CT. They ranged from a 763 square ft, 2-bedroom ranch, which sold for $57,750 ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Southington CT House Sold 102 Oakland Rd The family had more than their share of stress waiting for this house to close and it will need some updating as well as plumbing before they can move in. But the work has already started and most likely in a very short time this house will be converted into a home as the famiy of 11 move in and proclaim it as their own. The 5 bedrooms will be put to good use as there are 9 children in this house-hold and the oldest is only 14. This older colonial home has had some additions with a large screened porch and a 24x24 family room with a fireplace. The flat back yard will soon have it's own playscape so the kids can play in an area that they can call their own. We helped this family find a home large enough for their children. Just coincidently it's w...
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By ReadySetLoan Condo Approval Team, The FHA/VA Condo Project Approval Specialists
(ReadySetLoan Condo Team LLC)
Southington Connecticut Condo Sales As part of my marketing efforts for FHA condo project approvals, I work to compile data for condo sales in various towns in Connecticut.  I try to pick towns that have a lot of condominiums to provide comparison data between projects that are FHA approved condos and those that are not.  This report combines Southington with its borough of Planstville, CT. Southington CT Condo Data for 2013 Southington has 67 condominium projects of which 7 of them are approved with FHA.  There are four more submissions to FHA that are currently in Rejected status.  Before FHA’s changes in 2011 there were 24 projects on FHA’s Approved Condominiums List. Analysis of Data I typically divide the listing data into those in FHA-approved condos and those that are in non-FHA ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT April 2014       Search for Homes in Southington CT   Currently in Southington CT there are 247 active residential listings for sale, with 53 new listings being added in April. The homes for sale in Southington CT range from a 720 square ft, 2-bedroom mobile home listed at $52,500 to a 10,099 square ft, 4-bedroom, country manor estate on 9 acres listed at $4,900,000. The average list price of the homes currently available for sale in Southington CT is $352,208. The average days on market for these homes are 93 days. In addition, there are currently 64 homes under contract in Southington CT, with 19 having gone under contract in April.     In April, 35 homes closed in Southington CT. They ranged from a 568 square ft, 1-bedroom mobile home, which sold...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
HUD, the Agency that is There to Serve the People, Can Also Screw Them I have a client that is buying a HUD home in Southington CT. We have been progressing with our funding and then we came to a halt. An email from the listing agent was received and informing us that the home had been vandalized and all of the copper in the basement had been stripped. We were further advised that HUD was going to assess the damage and let us know their credit amount. I acknowledged that we would also be getting an estimate as my buyers wanted to hear from their own plumber what needed to be done. Stolen were the main copper waste lines; the copper water feed from the meter to the furnace and hot water heater; the hot and cold water feeds to the upper levels as well as copper feeds to the outside faucet...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Active Adult Condos at Spring Lake Village For Baby Boomers, looking to down size but not give up all the conveniences, there may well be a solution at the over 55 condos at Spring Lake Village in Southington, CT. The condos at Spring Lake Village in Southington CT offer active adults 55 and over anything they might desire in a home with so much more. With over 620 units, and styles with 1, 2 and even 3 bedrooms, there may be just the perfect condo for your life style.     The general fees cover outside maintenance, snow removal, trash and access to the common areas with indoor and outside activities. In season there are the tennis courts, bocce pits, the swimming pool, and a large social center offering private meeting or function rooms to residents of the Village. Spring Lake Village ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT March 2014       Search for Homes in Southington CT   Currently in Southington CT there are 220 active residential listings for sale, with 41 new listings being added in March. The homes for sale in Southington CT range from a 576 square ft, 1-bedroom mobile home listed at $8,000 to a 10,099 square ft, 4-bedroom, country manor estate on 9 acres listed at $4,900,000. The average list price of the homes currently available for sale in Southington CT is $347,791. The average days on market for these homes are 103 days. In addition, there are currently 47 homes under contract in Southington CT, with 17 having gone under contract in March.     In March, 28 homes closed in Southington CT. They ranged from a 1,040 square ft, 2-bedroom mobile home, which so...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Statistics for Southington CT February 2014       Search for Homes in Southington CT   Currently in Southington CT there are 209 active residential listings for sale, with 41 new listings being added in February. The homes for sale in Southington CT range from a 576 square ft, 1-bedroom mobile home listed at $8,000 to a 10,099 square ft, 4-bedroom, country manor estate on 9 acres listed at $4,900,000. The average list price of the homes currently available for sale in Southington CT is $351,178. The average days on market for these homes are 102 days. In addition, there are currently 42 homes under contract in Southington CT, with 9 having gone under contract in February.     In February, 21 homes closed in Southington CT. They ranged from a 1,171 square ft, 3-bedroom ranch, whi...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
January 2014 Real Estate Sales Report for Southington CT       Search for Homes in Southington CT   Currently in Southington CT there are 185 active residential listings for sale, with 22 new listings being added in January. The homes for sale in Southington CT range from a 576 square ft, 1-bedroom mobile home listed at $10,000 to a 10,099 square ft, 4-bedroom, country manor estate on 9 acres listed at $4,900,000. The average list price of the homes currently available for sale in Southington CT is $339,346. The average days on market for these homes are 109 days. In addition, there are currently 41 homes under contract in Southington CT, with 14 having gone under contract in January.     In January, 33 homes closed in Southington CT. They ranged from a 924 square ft, 2-bedroom mobile ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
A Closed Short Sale in Southington CT and the Seller Gets Relief   This Southington CT Raised ranch has a new owner and a chance to build happy memories. For the seller on the mortgage is is cause for celebration and relief from a good wish that went back. After 45 days on market, the home found several qualified buyers all anxious to get the home. Highest offer was sent to the bank, Wells Fargo, and 6 weeks after the files were sent forward a short sale approval was granted. The relief for the seller was on several points, the most important being the release from the mortgage and a full waiver of deficiency. We were also able to negotiate some relief assistance from the bank due to the strange circumstances. This seller was not the original owner of the home, but a friend of the famil...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Chuckles and Phil both want Six More Weeks to Hide Like it or not, we have some harsh winter weather still ahead of us. Today being Groundhog Day, Paunxsutawney Phil in PA and Chuckles here in Manchester CT. Although 200 miles apart both saw the same thing. It was their shadows and the prediction of 6 more weeks of this winter. We can't complain too much about the snow as we haven't been hit as hard as we were in past years, but the cold has been record breaking. Not to mention areas of the South that must have had residents looking at their Zip codes trying to understand why they were getting all that whte stuff on the ground.       Here in the NorthEast, herd critters are huddled looking for warmth much the way the Penguins in Antartica do when the weather really gets nasty. Hopefully...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
A Special Home Sold in Southington CT   Home Buying after a Short Sale Working with buyers can be so rewarding. We need to educate, and to try and temper emotions and get to appreciate the joy when that right home comes along. There are also special feelings when you know you have helped people who are trying to get back on their feet after a financial crisis. That was the case with the new owners of this modest home in Southington CT. There had been issues in their lives that forced them into a short sale. The credit issues were resolved quickly but with the stain on the credit reports they needed to wait to qualify to buy a home. Slightly more than 3 years after the short sale they were able to qualify for an FHA mortgage. They were able to breeze through the mortgage process, and aft...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
December 2013 Real Estate Sales Report for Southington CT       Search for Homes in Southington CT   Currently in Southington CT there are 175 active residential listings for sale, with 22 new listings being added in December. The homes for sale in Southington CT range from a 576 square ft, 1-bedroom mobile home listed at $14,000 to a 10,099 square ft, 4-bedroom, country manor estate on 9 acres listed at $4,900,000. The average list price of the homes currently available for sale in Southington CT is $330,448. The average days on market for these homes are 109 days. In addition, there are currently 52 homes under contract in Southington CT, with 4 having gone under contract in December.   In December, 25 homes closed in Southington CT. They ranged from a 1,184 square ft, 2-bedroom cape...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Mr. Seller We Will Get you a Buyer, But you Have to Let Them Through the Door One of the questions a seller will ask while obtaining the listing agreement is: 'how soon will the home sell? There is no quick response to this question, as the criteria for home condition, pricing, marketing all have to be done properly. Then the question of accessibility has to be addressed as well. There are a lot of acknowledgments and agreeing early in the listing, but the follow through may be different. Key Access: Some sellers, particularly those that have been in the homes a log time are hesitant about having a lock box on the door. The fear of someone coming in unannounced when not prepared, or without notification takes a priority and makes the showings require more time to set up. Availability:  ...
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Southington, CT Real Estate Professionals