Woodbridge Connecticut Real Estate Market Report for March 2008

                    

 There are currently 90 Homes on the Market in Woodbridge CT (4/11/08)

 In March of 2008 there were 4 homes that closed within the month for Woodbridge CT. This is a decrease of 2 homes as there were 6 homes that closed in March of 2007.

The Average list price for the homes that closed in Woodbridge for March of 2008 was $388,450

The Average list price for the homes that closed in Woodbridge for March of 2007 was $534,400

The Average sale price for the homes that closed in Woodbridge for March of 2008 was $356,225

The Average sale price for the homes that closed in Woodbridge for March of 2007 was $513,583

The Average Market time for the homes that closed in Woodbridge in March of 2008 was 124

The Average Market time for the homes that closed in Woodbridge February of 2007 was 117 days.

12 homes went under deposit in Woodbridge CT in the month of March 2008. The average list price of the homes that went under deposit was $800,029. The average time on the market for these Woodbridge CT homes were 147 days.

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The 10 Fastest Growing U.S. Cities

j0400119.jpgThe fast-growing areas in the United States are in the Sunbelt, (no surprise as it is cold up here in the northeast) with Texas leading the way, according to data released today by the U.S. Census Bureau.

Dallas-Fort Worth has added more than 162,000 residents between July 2006 and July 2007, more than any other metro area. Three other Texas cities Houston, Austin, and San Antonio TX have also made the top 10.

I watched a show last night on TV where a couple viewed 3 homes with a Realtor which were priced at a little over $100,000 and were beautiful! Two were located in new subdivisions on a cul-de-sac streets with large yards, hardwood and tile floors, vaulted ceilings and open floor plans. Well OK one was priced higher, a $179,000 ranch with a stone front HUGE private yard with a little pond which I loved but the future homebuyers found a threat with 2 small children.  Read more »

Bethany CT Market Report Sold Homes February 2008

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Bethany Connecticut Real Estate Market Report for February 2008

 In February of 2008 there were 2 homes that closed within the month for Bethany CT This the same as last year as there were 2 homes that closed in February of 2007.

The list price for the homes that closed in Bethany for February of 2008 was $392,450

The Average list price for the homes that closed in Bethany for February of 2007 was $371,750

The sale price for the home that closed in Bethany for February of 2008 was $378,750

The Average sale price for the homes that closed in Bethany for February of 2007 was $344,500

The Average Market time for the homes that closed in Bethany in February of 2008 was 59 days.

The Average Market time for the homes that closed in Bethany February of 2007 was 38 days.

3 homes went under deposit in Bethany CT in the month of February. The average list price of the homes that went under deposit was $318,267. The average time on the market for these Bethany CT homes were 116 days.

January - February Market Statistics for  Bethany ConnecticutIn Bethany CT for the period of January to February of 2008 there were 3 properties sold.

In Bethany CT for the period of January to February 2007 there were 4 properties sold.

In Bethany CT for the period of January to February in 2008 the average list price was $383,300 the average sale price was $372,500 and the average market time was 50 days.

In Bethany CT for the period of January to February in 2007 the average list price was $351,875 the average sale price was $321,000 and the average time on the market was 74 days.

** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Bethany CT

Orange CT Market Report for February 2008

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     Orange Connecticut Real Estate Market Report for February 2008

 In February of 2008 there were 4 homes that closed within the month for Orange CT. This is an increase of 1 unit as there were 3 homes that closed in February of 2007.

The Average list price for the homes that closed in Orange for February of 2008 was $368,825

The Average list price for the homes that closed in Orange for February of 2007 was $439,600

The Average sale price for the homes that closed in Orange for February of 2008 was $344,750

The Average sale price for the homes that closed in Orange for February of 2007 was $393,167

The Average Market time for the homes that closed in Orange February of 2008 was 94 days.

The Average Market time for the homes that closed in Orange February of 2007 was 111 days.

11 homes went under deposit in Orange CT in the month of February 2008. The average list price of the homes that went under deposit was $363,400. The average time on the market for these Orange CT homes were 109 days.
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Dogs are House shopping for luxury Homes

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Momma’s little puppy deserves to be in paradise. Now you can buy something they’re just going to love priced anywhere from $500 to $5,000. Today’s doghouses by Doggy Dream Homes are one of a kind. These custom-built dog homes are incredible down to the very last bone shaped welcome sign.

Design options are limitless and can be built to replicate your own home. You might want to add an orthopedic bed made with 1.5 inch memory foam to keep your pup as comfortable as possible. And just in case they need to relax with their neighborhood buddies you can purchase a bone shaped spa complete with redwood deck. For more information on luxury pet homes click here.

Milford CT Market Report Homes Sold February 2008

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 Milford Connecticut Real Estate Market Report for February 2008

 In February of 2008 there were 10 homes that closed within the month for Milford CT This is a decrease of 21 units as there were 32 homes that closed in February of 2007.

The Average list price for the homes that closed in Milford for February of 2008 was $293,750

The Average list price for the homes that closed in Milford for February of 2007 was $487,763

The Average sale price for the homes that closed in Milford for February of 2008 was $273,840

The Average sale price for the homes that closed in Milford for February of 2007 was $468,072

The Average Market time for the homes that closed in Milford February of 2008 was 85 days.

The Average Market time for the homes that closed in Milford February of 2007 was 61 days.
 17 homes went under deposit in Milford CT in the month of February. The average list price of the homes that went under deposit was $370,818. The average time on the market for these Milford CT homes were 98 days.
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Woodbridge CT Market Report for February 2008

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Woodbridge Connecticut Real Estate Market Report for February 2008

In February of 2008 there were no homes that closed within the month for Woodbridge CT. This is a decrease of 6 units as there were 6 homes that closed in February of 2007.The Average list price for the homes that closed in Woodbridge for February of 2008 was N/A

The Average list price for the homes that closed in Woodbridge for February of 2007 was $516,950

The Average sale price for the homes that closed in Woodbridge for February of 2008 N/A

The Average sale price for the homes that closed in Woodbridge for February of 2007 was $500,250

The Average Market time for the homes that closed in Woodbridge in February of 2008 was N/A.

The Average Market time for the homes that closed in Woodbridge February of 2007 was 175 days.

3 homes went under deposit in Woodbridge CT in the month of February 2008. The average list price of the homes that went under deposit was $392,933. The average time on the market for these Woodbridge CT homes were 138 days.

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Active Adult Community - Lakeside Village in Orange CT

j0402407.jpgLakeside Village is now being offered through Coldwell Banker, Orange as another active adult lifestyle option.  Convenient to local shopping and highways, this private adult community has been thoughtfully designed to offer the feel of a more rural setting with walking trails and water views.

Lakeside Village, which will begin construction shortly, is offering over 63 ranch style units with garages and private entrances.  These quality built homes are designed to accommodate the needs of baby boomers, which is one of the fastest growing populations.  

Lakeside Village homes which will have stone exteriors and include Energy Star appliances, sound deadening features as well as amenities such as fireplaces, laundry, a 1 car garage , porches and/or decks. 

A variety of floor plans and options make it easy to build your “dream” home.    If you would like more information on this or any other Adult Communities in the area, please feel free to contact me.

Branford CT High School “Going Green” with a natural gas fired “tri-generation system”

j0433057.jpgBranford High Schools new $1 million, natural gas fired tri-generation system works by making electricity for the same cost as purchasing off the grid, but they will be taking the heat that is generated as well – about 1.3 million BTU’s at any moment.  This will enable the school to make their own heat and hot water and, in the warmer months air conditioning making Branford High the first in the State to do so.

The new system UTC “Power PureComfort Tri-generator will generate about two thirds of the high school’s power during most of the year.  Branford is buying the system with the aid of a $450,000 state grant from the Department of Public Utility Control and being paid for through a lease-purchase agreement.

Similar systems are currently in use at the Ritz Carlton Hotel in San Francisco and at Butler Hospital in Providence R.I. and in a A&P supermarket in Mount Kisco N.Y. 

I have not been able to find a photo of a “tri-generation system”  if anyone comes across one and would like to share it with me, I would appreciate it. 

Baby Boomers Make this “The Time Of Their Lives”

j0424410.jpgAccording to Baby Boomer Magazine, “Today, the Baby Boomer Generation controls nearly 70% of the total net worth of American households and owns 80% of all the money in savings and loan associations. What’s more, with our economic optimism, Baby Boomers spend more money disproportionate to our numbers than other generations.  Baby Boomers are the “True Consumers” read the entire story here

This generation experienced Woodstock, the New Sexual Revolution and the Vietnam War.  They tore down barriers and social mores and created new lifestyles –living in communes and questioning authority.  They are part of the largest number of CEOs and the biggest consumers—why wouldn’t savvy marketing execs be trying to target them?   

 Boomers are also known as “Nexers” for their willingness to move into their next home.  They are not going to “go gently into that goodnight”. Instead of the mass exodus to a warmer climate, this generation is very active and wants to remain close to where they have been living. We now have two new Active Adult communities coming into Orange CT, Fieldstone Village by Rt. 34 and Grassy Hill Road and Lakeside Village on Orange Center Rd South. They are looking for energy efficient and aesthetically pleasing design.  They want low-maintenance, bright homes in a relaxed setting, read the full article here.