Southington, CT Real Estate News

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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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
New Construction Homes in Southington CT Just completed, 2 new construction homes in Southington CT waiting for the buyer looking to move right- in. These 2 homes, sitting on large level lots feature modern construction and amenities. Search for Homes in Southington CT 221 Meriden Ave, Southington CTMLS# N340759  Listed at $354,900 This new construction, colonial style home is a 3 bedroom, 2 ½ bath home with 1,900 square feet of living space. The large spacious eat-in kitchen has granite counters; stainless steel appliances and a gas stove. Harwood floors enhance the living and dining rooms making for a more formal look. The cathedral ceiling of the living room gives an airy presence and the gas fireplace adds warmth.   217 Meriden Ave, Southington CTMLS# N341716  Listed at $364,900 Th...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
November 2013 Real Estate Sales Report for Southington CT       Search for Homes in Southington CT   Currently in Southington CT there are 172 active residential listings for sale, with 24 new listings being added in November. 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 $335,415. The average days on market for these homes are 132 days. In addition, there are currently 52 homes under contract in Southington CT, with 11 having gone under contract in November.   In November, 32 homes closed in Southington CT. They ranged from a 860 square ft, 2-bedroom mobil...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
October 2013 Real Estate Sales Report for Southington CT     Search for Homes in Southington CT   Currently in Southington CT there are 212 active residential listings for sale, with 31 new listings being added in October. 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 $343,211. The average days on market for these homes are 122 days. In addition, there are currently 49 homes under contract in Southington CT, with 9 having gone under contract in October.    In October, 47 homes closed in Southington CT. They ranged from a 792 square ft, 2-bedroom mobile home,...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
September 2013 Real Estate Sales Report for Southington CT Search for Homes in Southington CT Currently in Southington CT there are 228 active residential listings for sale, with 58 new listings being added in September. The homes for sale in Southington CT range from a 854 square ft, 2-bedroom mobile home listed at $20,000 to a 10,089 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 $344,182. The average days on market for these homes are 112 days. In addition, there are currently 70 homes under contract in Southington CT, with 20 having going under contract in September.   In September, 41 homes closed in Southington CT. They ranged from a 672 square ft, 2-bedroom mobile ho...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Apple Harvest Festival, Southington CT  . . October 4-6, & 11-13   It’s time for the Southington CT Apple Harvest Festival. The weather will be great and the crowds should reach the 100,000 level again this year. Lots of fun and food for everyone. This is the 45th year and it should be every bit as successful with organizers expecting another record crowd by the time the Festival ends next Sunday evening. While not all of the booths are open during the week, the Apple Fritter booth has been 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. This second weekend features the Arts and Crafts Fair, with live entertainment ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
August 2013 Real Estate Sales Report for Southington CT Search for Homes in Southington CT  Currently in Southington CT there are 253 active residential listings for sale, with 50 new listings being added in August. The homes for sale in Southington CT range from a 854 square ft, 2-bedroom mobile home listed at $20,000 to a 10,089 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 $344,881. The average days on market for these homes are 102 days. In addition, there are currently 67 homes under contract in Southington CT, with 13 having going under contract in August.     In August, 47 homes closed in Southington CT. They ranged from a 644 square ft, 2-bedroom ranch, which sold...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Closed Southington CT Short Sale Condo A successful Southington CT Condo sold short at 72 Clearview Ct in the Spring Lake Condo complex. The seller had a reverse mortgage and had demonstrated a hardship which allowed the sale to proceed. The buyers were patient and had been properly informed of the process by their agent so there were no anxious moments and having a cash buyer made the flow very smooth. No short sales can ever be considered easy, but this one was far simpler than most, with a closing just 75 days from initiation of process with a qualified contract. Sellers are able to get on with their lives and start to rebuild. The buyers are happy and should enjoy some quality years in this Active Adult Condo Complex in Southington CT. Closed Southington CT Short Sale Condo  
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By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
  Schools are back in session and that means school sports fundraisers are underway.  Wilcox Tech. is wasting no time in kicking off the Wilcox Tech Football Team Car Wash Fundraiser. When my two sons wrestled for the Middletown High School Wrestling Team, I use to do an annual Car Wash Fundraiser for the team.  We would sell tickets the month leading up to the event, and each wrestler would sell at least one book of tickets.  The theory behind my method was that you sell the tickets early enough to make sure no matter how many cars showed up the day of the car wash it was a success. I am sure with the wide spread effort Wilcox Tech is putting out (the sign above was all the way in Durham, CT) they will have a very successful Car Wash Fundraiser.  So if you happen to be in Southington ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Can I do Inspections when Buying a Connecticut Short Sale Home? There is a lot of confusion and doubt in the market place about the purchase of a short sale listing. With the exception of the bank’s involvement for approval, the process is the same as a conventional residential sale. The seller must review the contract with their agent to ensure it will pass bank scrutiny and be accepted. Then the buyer gets to perform their inspection, the sooner the better. There are several reasons for this. Most importantly, a short sale home usually sells as is with few if any credits being given for defects. There just isn’t any money for that. A buyer certainly doesn’t want to wait several months for the banks acceptance, then do their inspections and realize that there are issues that are unacce...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s the Southington CT Real Estate Market Doing?       Search for Homes in Southington CT   Currently in Southington CT there are 246 active residential listings for sale, with 56 new listings being added in July. The homes for sale in Southington CT range from a 854 square ft, 2-bedroom mobile home listed at $20,000 to a 8,069 square ft, 6-bedroom, colonial estate on 2 acres listed at $849,900.   The average list price of the homes currently available for sale in Southington CT is $326,638. The average days on market for these homes are 101 days. In addition, there are currently 72 homes under contract in Southington CT, with 26 having going under contract in July.     In July, 42 homes closed in Southington CT. They ranged from a 648 square ft, 2-bedroom mobile home, which sold for...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Southington CT Real Estate Sales Report for June 2013     Search for Homes in Southington CT   Currently in Southington CT there are 238 active residential listings for sale, with 44 new listings being added in June. The homes for sale in Southington CT range from a 672 square ft, 2-bedroom mobile home listed at $12,900 to a 8,065 square ft, 6-bedroom, colonial estate on 2 acres listed at $849,900.   The average list price of the homes currently available for sale in Southington CT is $326,843. The average days on market for these homes are 101 days. In addition, there are currently 69 homes under contract in Southington CT, with 13 having going under contract in June.   In June, 37 homes closed in Southington CT. They ranged from a 800 square ft, 2-bedroom colonial, which sold for $84,...
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Southington, CT Real Estate Professionals