Canton’s 3/2007-3/2008 122 Residential properties closed.
$462,303 Average Sales Price
$ $379,900 Median Sales Price
3/2008-3/2009 98 Residential properties closed
$407,281 AverageSales price
$349,900 Median Sales Price.
If you are a home owner in Canton waiting to sell your home when the flowers are in bloom and the grass is green this spring, you may want to consider listing your home sooner. As of today, February 20, 2009 there are only 61 homes on the market. We typically have approximately 90 homes on the market at this time. Less supply creates a greater demand for your home hopefully reducing time on the market and increasing your sales price. Feel free to contact me if you would like to discuss what may be best for you. What happened this week in Canton? Two homes came on the market and three properties closed; one lot and two homes.
In January 2008 Canton had 112 homes on the market for sale. In January 2009 – 113.
In January 2008 3 homes were under contract. In January 2009- 10.
In January 2008 homes were on the market an average of 69 days. In January 2009 -80
In January 2008 8 properties sold. In January 2009 -6.
To post comments please click om comments link above. As always, your real estate referrals are greatly appreciated. Thank you, Canton’s Carol Cole
From 1/1/09 to 1/31/09 6 properties closed. Median Sales price $340,000 Average Sales Price $317,000
From 1/1/08 to 1/31/08 6 properties closed. Median Sales Price $393,750 Average Sales Price $451,400
From 1/1/07 to 1/31/07 9 properties closed. Median Sales Price $592,636 Average SalesPrice $527,710
For 2008 it took an average of 99 days on the market to sell a home in Canton. The winner was September with an average of 75 days while January took the longest with an average of 164 days on the market.
How does that compare to 2007? In 2007 it took an average of 73 days to sell a home in Canton. December of 2007 was the winner with an average of 28 days on the market while August was the slow month at an average 111 days.
How do you like that? With all the dismal Real Estate news, I’m pleased to inform you that the town of Canton in December 2007 had a 20.6 month supply of inventory and as of December 2008 Canton has a 10.7 month supply of single family homes, condominiums, and planned unit developments. That is a 9.9% reduction.
If you or anyone you know is looking to purchase or sell a home anywhere in the country, I would greatly appreciate you passing my name and contact information along. If I do not service the area personally I will make sure the person you refer to me is in excellent hands with an exceptional Realtor.
What other Canton or Real Estate information are you interested in learning about? I plan on keeping you informed monthly regarding inventory and median price sold in Canton.
Welcome to Canton’s Carol Cole’s Blog. You’re in the right place if you want to stay informed about the Real Estate Market in Canton. If you’re thinking of buying or selling in the Farmington Valley and surrounding areas please contact me through the blog, email me at CarolColerealtor@yahoo.com , or call me at 860-212-0687. To search for properties in Connecticut visit http://www.colesells.com.
