Wallingford CT Market Update for February 2012

by Harriman Real Estate on April 9, 2012

Wallingford CT Market Update for February 2012

Here’s the way the housing market is shaping up in Wallingford as of Febuary 29, 2012:

Wallingford single family homeThere are currently 187 single family homes for sale in Wallingford:

  • Low list price: $32,900
  • High list price: $850,000
  • Average list price: $317,572
  • Median list price: $287,500
  • Average Days on Market: 85
  • Homes sold on average for 97.0% of list price

There are 56 homes currently under contract, priced between $85,000 and $533,000. Based on the number of homes sold in February (12), it would take approximately 16 months to sell the current inventory.

Wallingford condominiumsAs for condominiums, there are currently 72 condos for sale:

  • Low list price: $46,900
  • High list price: $559,900
  • Average list price: $206,814
  • Median list price: $177,450
  • Average Days on Market: 69
  • Condos sold on average for 84.4% of list price

There are currently 18 condos under contract, priced between $49,900 and $495,000. Based on the number of condos sold in February (2), it would take 36 months to sell the current inventory.

Here is a chart showing annual home and condo sales in Wallingford so far in 2012: 

Wallingford CT Sales for February 2012

Wallingford home and condo inventories showed little movement in February, but sales in both categories took a nosedive: single family home sales were down 40% and condo sales fell by 67% to just 2 units sold. The average selling price for condos also fell significantly, to $174,448 because the 2 units that sold only brought 84.7% of list price. The average sale price for single family homes was the one bright spot, rising about 5% for the month to almost $308,000. As bad as total sales were in February of 2011 they were worse this February, down by 43% from last year, and March’s numbers will only be marginally better. Conventional mortgage rates were still below 4% and CHFA rates for first time home buyers remained at 3.25 percent, but they were not enough to entice buyers to come off the fence. It should be no surprise that, with such depressing numbers, the Wallingford market was in an extreme buyer’s market heading into March.

~Wallingford Properties For Sale~

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Meriden CT Market Update for February 2012

by Harriman Real Estate on March 30, 2012

Meriden CT Market Update for February 2012

458 Brownstone RidgeHere’s the way the housing market is shaping up in Meriden as of February 29, 2012:

There are currently 211 single family homes for sale in Meriden:

  • Low list price: $46,350
  • High list price: $575,900
  • Average list price: $195,035
  • Median list price: $179,900
  • Average Days on Market: 77
  • Homes sold on average for 91.8% of list price

There are 93 homes currently under contract, priced between $15,000 and $314,900. Based on the number of homes sold in February (20), it would take approximately 11 months to sell the current inventory.

Meriden CondoAs for condominiums, there are currently 86 condos for sale:

  • Low list price: $43,000
  • High list price: $274,900
  • Average list price: $126,622
  • Median list price: $129,900
  • Average Days on Market: 42
  • Condos sold on average for 96.5% of list price

There are currently 16 condos under contract, priced between $45,900 and $269,900. Based on the number of condos sold in February (4), it would take approximately 22 months to sell the current inventory.

Here is a chart comparing annual home and condo sales in Meriden for the year-to-date:

Meriden Sales February 2012

While the number of condos for sale in Meriden stayed relatively unchanged in February, the inventory of single family homes dropped almost 8%, from 228 to 211. The average sale price for both condos and single family homes was up from the prior month; single families rose slightly to $179,062 while condos climbed sharply to $122,127. Interest rates for conventional loans remain below jumped above the 4% range for the first time since last October, and CHFA rates (for first time home buyers) remained at 3.250 percent.  Meriden single family home sales fell to 20 units from 25 in January, and this was down 13% from February of 2011 as well. Condo sales were up, however, rising to 4 units sold from 3 the previous month but down from 5 in February of 2011. Meriden remained in a normal buyer’s market, with just under 12 months of home inventory. Total sales in Meriden were down 14% for the month, confirming last month’s prediction of less than stellar sales numbers; however, sales activity in March has been a little more lively than the first two months of the year and we’re confident that the month will end on a high note. The unusually warm weather has brought out potential buyers in large numbers, and we feel this is a sign of good things to come in the coming months.

Meriden Properties For Sale

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CT Make-A-Wish Foundation to Hold Walk For Wishes Event

by Harriman Real Estate on March 29, 2012

One of the most heartbreaking things that can happen in life is to be diagnosed with a life-threatening illness as a child. Not only can it be incomprehensible to the child, but it robs them of the hope and joy of living a full and rewarding life. The mission of the Make-A-Wish Foundation and its many local chapters is to give back that hope and joy to as many of these children as possible, and we have been volunteers with the Connecticut chapter for some time. Pat is a Wish Granter and has found it to be one of the most gratifying things she has ever done.

Walk For Wishes May 19th at the Beardsley Zoo, Bridgeport CT

From time to time, the Connecticut Make-A-Wish chapter holds various fund raising activities throughout the state to aid its mission, and we are proud to give this one the attention it deserves.

Beardsley Zoo, Bridgeport CTOn Saturday, May 19th, from 5:30 to 6:30pm at Bridgeport’s Beardsley Zoo, the CT Make-A-Wish chapter will hold a Walk For Wishes, a non-competitive walk through the zoo and its many exhibits on your way to a private Wish Celebration with food, music, kids activities and carousel rides. registration is currently taking place and donations are already pouring in, with more than $18,000 collected so far. The cost to walk is $10 per person which includes entrance to the zoo, a T-shirt commemorating the event, parking and access to the private Wish Celebration after the walk. Kids 3 and under, Wish Kids, Wish Parents and Wish Siblings are free.

As previously mentioned, registration is ongoing by clicking here, or you may register on the day of the event from 4:30pm to 5:30pm. You can register as an individual, start a team or join an existing team. If you are unable to attend but still wish to take part, you can even register as a virtual walker and collect pledges from your friends and family towards this worthy cause. I have registered to collect pledges with a goal of $500 and have a dedicated web site for it at http://wishct.kintera.org/walk12/wharriman.

For more information regarding this event, please check out the event web site: Walk For Wishes. This event promises to be not only lots of fun, but a fulfilling experience as well. If you can make it, we urge you to join in and help make a child’s wish a reality!

CT Make-A-Wish Foundation

 

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Hubbard Park Hosts 34th Meriden Daffodil Festival

by Harriman Real Estate on March 27, 2012

2012 Meriden Daffodil Festival at Hubbard Park650,000 daffodils.

Over 100,000 attendees.

Two days.

One stupendous event!

The 34th Annual Meriden Daffodil Festival in Hubbard Park is fast approaching and promises to be bigger and better than ever, with over 35 musical acts scheduled to perform this year, with plenty of food, games, rides and activities on hand for everyone. The two day event kicks off on Saturday, April 28th and ends on Sunday, April 29th, but several activities are scheduled to take place before opening day, including a fishing derby to be held on April 21st from 10am to 11:30am, and a tag sale on the same day from 9am to 2pm, rain or shine.

Daffodils in Hubbard Park

The abnormally warm weather we’ve had recently is threatening to put a damper on the thousands of daffodils that bloom in the park, but not the festivities. The main event kicks off at 10:00 AM on the 28th, followed by the Daffodil Parade at 11:30 AM. The festivities continue throughout the day until a fireworks display at 8:30 PM leads to a 9:00 PM closing, then pick up again Sunday morning at 10:00 AM and run until the festival closes at 5:00 PM. This year’s festival features something for the entire family: plenty of good food and drink in the Silver Fork Food tent; a juried craft fair featuring over 100 of the area’s most talented crafters; musical entertainment featured in 3 venues: The Jeff Crooms Welcome Stage, the Food Tent stage, and the Band Shell stage; and a number of fun activities for the kids, including jugglers, a martial arts show, temporary tattoos, face painting, ice sculpting, a magician, a yo-yo demonstration, and much more.

The list of musicians who will be playing this year is bigger than ever and sports some of the area’s best known and successful acts, including festival stalwarts River City Slim & The Zydeco Hogs and The River Street Band, plus other acts including The Manchurians, Boxxcutter, anad Burrito Betty. A new addition to this year’s event is a trio of pre-teens who have been taking the local music scene by storm, The Foresters. For a full list of scheduled activities and entertainment, head to the Daffodil Fest web site.

The Manchurians perform at Hubbard Park

There will be no on-site parking at the event; however, shuttle buses will be in service to transport patrons to and from four designated parking areas: the Westfield Meriden shopping center (JC Penney/Sears deck), Platt High School, Wilcox Technical School, and The Hub at the intersection of State and Pratt Streets. The shuttle service will run from 8:00 AM to 8:00 PM on Saturday, and 8:00 AM to 5:00 PM on Sunday.

There is no admission fee, no parking fee, and no shuttle bus fee. Tickets for all the food vendors and amusements must be purchased at the ticket booths inside Hubbard Park. For more information about scheduled attractions and events, head over to the festival web site atwww.daffodilfest.com, call the Daffodil Hotline at (203) 630-4259, or email them at info@daffodilfest.com.

Come on out and have some fun!

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Church of the Resurrection Carnival Coming to Wallingford

by Harriman Real Estate on March 26, 2012

Everybody loves it when the carnival comes to town!

Have fun at the Church of the Resurrection Carnival!

Once again, Wallingford’s Church of the Resurrection is sponsoring their annual carnival April 25th through the 28th in the parking lot adjacent to the church. This year’s edition comes earlier than in years past, as the start date has usually been in June, but that should not have any effect on the fun, games, rides and great food that always accompanies this much anticipated event.

Have fun at the Church of the Resurrection Carnival!

The venue will open nightly at 6pm and features a midway with more things to do than you can shake a stick at! Some of the fun to be had includes games of skill, chance and just plain ol’ luck (NOTE: must be 18 years or older to play games of chance), rides for young and old including a ferris wheel, merry-go-round and roller coaster, and a Fun House.

Let's take a walk through the Fun House!

The first two days are usually themed as Italian Night on Wednesday, and Polish Night on Thursday. Some of the ethnic treats that will be offered are:

Italian Night

  • Porchetta
  • Sausage & Peppers
  • Meatballs
  • Homestyle Cannoli
  • Pasta Fagioli
  • Quandi (Angel Wings)

Polish Night

  • Pierogi
  • Stuffed Cabbage
  • Kielbasa & Kraut

Other foods available will include clam chowder, hot dogs, hamburgers, cheeseburgers, french fries, fried dough, eggplant parmesan, philly cheeseteaks, and clams on the half shell. There will be plenty to satisfy your sweet tooth, too, with delights such as dilly bars, ice cream sandwiches, strawberry shortcake and carrot cake to be had. And of course, the obligatory refreshments will also be available in the form of coffee, tea, soda, water, beer, lemonade and hot chocolate.

Church of the Resurrection, 115 Pond Hill Rd, Wallingford CT 06492

There’s always something to do at this fun-filled extravaganza; we’ve gone every year and we never fail to have a great time and we NEVER leave hungry! So if you’re looking for something to do April 25th – 28th, look no further than the Church of the Resurrection Carnival. There’s plenty of parking and admission is free, so come on down!

Yes, we had fun last year! I won that gorilla with 3 darts!

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Lyon and Billard Home Show

by Harriman Real Estate on March 22, 2012

If you couldn’t make it to the CT Home Show at Wallingford’s Oakdale Theater last month, then here’s an opportunity to attend another great home show, and this one’s free!

Lyon & Billard Lumber Co., Meriden CT

On March 24th and 25th, Meriden’s Lyon & Billard Lumber Company is sponsoring Connecticut’s largest free home show at the Sheraton Four Points Hotel. Over 50 booths will be staffed by manufacturer’s reps to look at your plans and answer any questions you may have about your upcoming home remodeling project.  You’ll be able to see the latest products available, such as windows, doors, skylights, roofing materials, decking, and siding, as well as both engineered and treated lumber.

Hours for the event on the 24th are 9am to 5pm, while Sunday the 25th’s hours are 9am to 4pm. There is NO admission fee, and there will be ample free parking available, even for trailers and buses, so come on down and see what’s new in home improvement!

Lyon & Billard has been supplying the communities they live and work in with quality building products for over 150 years. No matter what size the job is, or whether you’re a contractor or a homeowner, Lyon & Billard truly cares about your home. With locations in Meriden, Cheshire, Berlin, East Hampton and Plainfield, and a home design center in Middletown, there’s a Lyon & Billard near you. Check out their web site and also “like” them on Facebook! Need info quick? Contacting them is a snap: by email at info@lyon-billard.com, or by phone at (203) 235-4487.

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Rating Connecticut Cities and Towns: 2012 (Part Three)

by Harriman Real Estate on March 20, 2012

Rating Connecticut Cities and Towns: 2012 (Part Three)

ConnecticutCities2

This is the third in our 2012 four part series highlighting the rating of Connecticut cities and towns by Connecticut Magazine. In our first two posts, we focused on the communities with 10,000 to 15,000 and 15,000 and 25,000 residents. To recap, the publication set the following criteria for the rankings:

They first sorted the localities into four groups based on population:

  • 10,000 – 15,000
  • 15,000 – 25,000
  • 25,000 – 50,000
  • 50,000+ (Towns with populations below 10,000 will be featured in an upcoming four part series. Stay tuned!)

Then, information was collected in the quality-of-life criteria that are most important to residents:

  • Schools
  • Crime Rate
  • Cost of Living
  • Local Economy
  • Leisure/Cultural Outlets

Then the numbers were crunched and rankings were awarded based on how the towns scored in those criteria, with a “1” being the best score possible. In this third part of the series, we’ll be taking a look at the next population segment, between 25,000 and 50,000 residents, and specifically those in our market area:

25,000 – 50,000: Cheshire drops one spot, Wallingford stays at #6

Of the 26 towns in this population group (only the top 20 is shown here), Cheshire and Wallingford both did very well, ranking 5th and 6th respectively. Cheshire’s drop from 4th to 5th was mainly due to Farmington’s migration up from the next smallest population group and to a slight drop in rankings in virtually every category, with the largest change coming in cost of living. Wallingford, on the other hand, maintained its number 6 ranking by virtue of an improvement in its leisure scores which offset minimal losses in education and economy.

Southington fell one spot from 2009 to #15, based mainly on slight decreases in ranking in education, crime, economy and leisure, while maintaining its rating in cost of living. Middletown, however, saw a significant drop in the rankings from 2009, falling from #11 to #17 due to across the board drops in every rating category, most notably economy.

Here’s the full set of rankings for this population segment:

Chart of cities and towns between 25,000 and 50,000 residents

It’s interesting to note that Westport’s median home price of $1,074,000 is still larger than that of Glastonbury, Farmington and Newtown combined, and that figure is an increase of 11% over 2009′s median price. In addition to Farmington making its debut in this segment, Mansfield was also a first-timer, coming in at #7 on the basis of  good schools and a low crime rate.

Remember, these rankings are not to be considered the last word in what the quality of life is in a particular city/town; however, they are a starting point and can be used as a point of comparison when making a decision about where to live in the state. There are many reasons for liking –or not liking – a specific city or town that transcend any statistical ranking or report, and only you can decide if a place is right for you and your family.

In Part Four of this series, we’ll take a look at the last population segment, cities of 50,000 residents or more. To see these results in their entirety, pick up a copy of Connecticut Magazine’s November issue, on sale now at your favorite store or newsstand.

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Hot Tub Show Features Steep Discounts

by Harriman Real Estate on March 15, 2012

Soak your aches and pains away!Using water for pain relief and to treat illness, or hydrotherapy, has been around for centuries. If you own a hot tub, you probably know how good it feels to sit and soak in that warm, jetted water, sipping a glass of wine, and letting all your cares just melt away. If you don’t own one, you don’t know what you’re missing. And here’s your chance to own one at a deep discount.

Hot tub and Swim Spa BlowoutOn March 17th and 18th, the XL Center in Hartford will be hosting a hot tub and swim spa blowout event, offering discounts of up to 50% on selected models. They’ll have over 50 spas of every size and configuration on display, from small 2 person models, to those that hold 6 or more, to the big swim spas that allow you to enjoy the benefits of swimming without the expense of installing a pool.

The times of this event for the two days are 10am to 8pm on Saturday (17th) and 10am to 5pm on Sunday (18th). Financing options will be available to qualified buyers, and here’s a chance to get an even steeper discount on your purchase. Click here to go to a page to print out discount coupons towards the purchase of a hot tub or swim spa!

Admission is free to this two day event, so if your arthritis is acting up, your muscles are sore from all those intense workouts, or you just want to relax at the end of a long day, come on down to the XL Center this weekend and see what a difference a hot tub or swim spa can make in your life!

For updates and more info, call 877-YES-SPAS (877-937-7727).

Swim spa

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Just Listed: 2 Tower Hill Rd, Killingworth CT 06419

by Harriman Real Estate on March 11, 2012

Charming, remodeled home featuring original hardwood floors, sunken family room with stone fireplace, cathedral ceilings, skylights in bedrooms, large eat-in kitchen with stainless steel appliances, first floor laundry, large deck overlooking amazing yard with gardens. For more information or to schedule an appointment, please call listing agent Pat Harriman at (203) 605-3873 today!

Yesterday meets today! Killingworth Treasure

JUST LISTED

Profile Image

Courtesy:

Harriman Real Estate LLC

203-672-4499

pharriman@harrimanre.com

Licensed In:
CT

2 TOWER HILL RD

Killingworth, CT 06419

Bedrooms: 2

Bathrooms : 2 (2 full)

List Price: $284,900

Living Area Approx :
1476

A place to call home in a storybook setting. Vintage 1825 Cape that has been expanded and updated to create an enchanting home filled with comfort and appeal. You are greeted by a charming front porch. As you step through the front door you are welcomed to the formal living room with original hardwood flooring. This room could also be a formal dining room for your holiday gatherings. The living room is open to a sunken family room/great room, which is complimented by a floor to ceiling stunning stone fireplace, bench seat with storage under, plenty of windows for natural lighting and french doors to the back yard. The kitchen is spacious and offers granite counters, stainless steel appliances and a breakfast eat-in area. There are also sliders to the back deck. To complete the first floor, there is a full bath with laundry & folding area. At the top of the stairs you will find the home’s original bedroom, which includes wide plank wood flooring, cathedral ceilings, skylight and a sitting area. There is also a new master bedroom with cathedral ceilings and skylight. The master bath has travertine flooring and a walk-in tile shower. The interior of this home has been painted with tasteful colors throughout. Other updates include windows, roof, gutters and doors.

There is a spacious deck that includes a 12×12 canopy complete with chandelier lighting. The beautiful yard has a koi pond with fish, shed with electricity, many garden areas with wild flowers, perennials, flowering trees/bushes and a vegetable garden. There are two stone driveways, one on each side of the home offering plenty of parking for your guests. Now it’s time for you to make an appointment to experience these timeless surroundings!

Feature List:

MLS#: N323379

PropertyType: Residential

PropertySubtype: Single Family Detached

Lot Size: 0.8

Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

ArchitectureStyle: Cape Cod

HasBasement: Yes

CoolingSystems: None

HeatingSystems: Baseboard

IsNewConstruction: No

 

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2nd Annual Pizza Madness at Wallingford’s Villa Capri

by Harriman Real Estate on March 9, 2012

2nd Annual Pizza Madness at the Villa CapriPizza: from the Latin pinsere, meaning “to press”. No matter what the etymology of the delicacy is, to those who love it it means, “Good God, let’s eat!”, and on March 21st pizza lovers can unite under one roof to do just that.

On that date, Wallingford’s Villa Capri Restaurant is once again hosting the 2nd Annual Pizza Madness event from 5:30pm to 7:45pm. Eleven pizza shops from Wallingford and Meriden will gather together and bring their best creations to share with the public. Here is a list of this years entrants:

(Deadline for participation is March 14th!)

Pizzas will be judged by a panel of elite judges (not yet determined) who will deliberate over crust, sauce, cheese, spices and toppings to come up with a winner in three categories:

  • Best Overall (Judge’s Choice and People’s Choice)
  • Best Original Pizza (People’s Choice)
  • Best Specialty Pizza (People’s Choice)

Entrance fee for this grand event is $10, and there will be a DJ, a cash bar, raffles and a trivia contest. We attended last year’s inaugural event and can honestly say we had some really good pizza, some really radical pizza, and a lot of fun! So give the Cook the night off and come on down to the Villa Capri and sink your teeth into some of the best pizza this side of Little Italy!

Some pizza facts:

  • Pizza is a Greek creation (but the Italians perfected it!)
  • In 1987, October was designated National Pizza Month
  • Americans eat approximately 100 acres of pizza each day, or 350 slices per second.
  • Approximately 3 billion pizzas are sold in the U.S. each year.
  • Most popular topping: pepperoni
  • Least popular topping: anchovies
  • Sixty-two percent of Americans prefer meat toppings on their pizza, while 38% prefer vegetarian
  • 61% prefer thin crust, 28% prefer thick crust /deep dish, and 11% like extra thin crust.
  • More pizza is consumed during Super Bowl Week than any other week of the year.
  • The world’s largest pizza was built on October 11, 1987 by Lorenzo Amato and Louis Piancone. The pizza covered 10,000 square feet and measured 140 feet across. It weighed in at 44,457 pounds, consisting of, among other items, 18,174 pounds of flour, 1,103 pounds of water, 6,445 pounds of sauce, 9,375 pounds of cheese and 2,387 pounds of pepperoni. The pie was cut into 94,248 slices and eaten by more than 30,000 spectators at the baking in Havana, Florida.

“Mark the calendar, save the date, see you there and don’t be late!”

Villa Capri, Wallingford CT

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