Wallingford CT Market Snapshot for February 2013

by Harriman Real Estate on March 7, 2013

Wallingford CT Market Snapshot for February 2013
Here’s whats happening in the Wallingford CT housing market as of February28, 2013:

There are currently 135 single family homes for sale in Wallingford:

Low list price: $32,500

High list price: $1,350,000

Average list price: $352,091

Median list price: $329,900

Average Days on Market: 109

Homes sold on average for 96.1% of list price

There are 72 homes currently under contract, priced between $95,000 and $700,000. Based on the number of homes sold in February (18), it would take approximately 8 months to sell the current inventory.

As for condominiums, there are currently 61 condos for sale:

Low list price: $45,000

High list price: $489,900

Average list price: $234,841

Median list price: $229,900

Average Days on Market: 179

Condos sold on average for 93.7% of list price

There are currently 25 condos under contract, priced between $65,000 and $420,000. Based on the number of condos sold in February (6), it would take 10 months to sell the current inventory.

Wallingford home sales dropped again in February to 24 units, down from 30 in January. Despite the drop in sales, the numbers were up 60% from February 2012, however, and up 71% from February of 2011. The average selling price for condos showed another healthy gain in February, rising to just over $219,000, while the average sale price for single family homes was to just over $338,000. Thirty year conventional mortgage rates remained unchanged at3.50%, and CHFA rates for first time home buyers also remained unchanged at 2.75 percent.

Inventory levels rose 2.0% in February, but not enough to offset the decreased sales totals. The result was enough to push Wallingford deeper into the the balanced market it entered last month, with just over 8months of inventory now available. Were hoping that the increase in inventory and sales prices continues as the year progresses, but we would not be surprised if interest rates begin to inch upwards again, so buyers should continue to do their homework and be ready to act quickly if you find the right home for you,while sellers should keep their homes in tip-top showing condition and priced well to attract well-qualified buyers.

Here is a chart showing annual home and condo …

Click to see the full report

Below are highlight properties for Wallingford CT Market Snapshot for February 2013. See more at the full report:
Highlights Maps & Local Schools
Status: Just Listed
28 PILGRIM HBR, Wallingford, CT
$1650
2 BEDROOMS
2 BATHROOMS [ 2 FULL, 0 HALF ]
LISTING MLS ID: N334558
Listing Courtesy of: CT Property Sisters

Status: Active
172 GRIEB RD, Wallingford, CT
$389900
4 BEDROOMS
3 BATHROOMS [ 2 FULL, 1 HALF ]
LISTING MLS ID: N333366
Listing Courtesy of: Pat Harriman

Status: Active
596 CENTER ST, Wallingford, CT
$194900
3 BEDROOMS
2 BATHROOMS [ 2 FULL, 0 HALF ]
LISTING MLS ID: N333948
Listing Courtesy of: Pat Harriman

Status: Active
9 EAST ST, Wallingford, CT
$227500
3 BEDROOMS
2 BATHROOMS [ 2 FULL, 0 HALF ]
LISTING MLS ID: N333870
Listing Courtesy of: Pat Harriman

See the Full Wallingford CT Market Snapshot for February 2013
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Short Sale Homes For Sale

Pat Harriman
Harriman Real Estate LLC
203-672-4499
pharriman@harrimanre.com












Information valid as of March 7, 2013. Please contact us for the most current information and status of these properties.

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Harriman Real Estate LLC Welcomes CT Property Sisters!

by Harriman Real Estate on March 6, 2013

CT Property Sisters, Megan & Mikell FoggittThere’s an old saying that states: “Two heads are better than one”. If this be true – and we have no reason to believe otherwise – then there’s no better proof than in the two most recent additions to the Harriman Real Estate family. Meet Megan and Mikell Foggitt, the CT Property Sisters!

Megan and Mikell have had a burning desire to become REALTORS® for years and decided to take the necessary steps after meeting us through her mother, a long-time friend and client of Harriman Real Estate. The more they learned about us and our work ethic, the more they related to us and their decision to join our brokerage was confirmed. And, since they’re sisters, the choice to join as a team was a logical one.

Megan, the older sister by 2 years, comes to us with a Bachelor’s degree in Organizational Communication, as well as sales experience via Lincare Inc., a local health services and supply company. Mikell (pronounced “my-KELL”) has been the office manager at Integrated Psychiatric Services Inc. for the past 6 years and is currently attending Middlesex Community College. Both are lifelong residents of Wallingford and are looking forward to serving buyers and sellers in the Wallingford-North Haven area and already have their first listing on the books!

We are very excited to have Megan and Mikell on board; they’re smart, independent entrepreneurs who know what they want and have the fire and desire to go get it. We know they will be a huge success and are thankful they chose us to help them achieve it! You can contact the CT Property Sisters by email at ctpropertysisters@harrimanre.com, or by phone at (203) 214-3053 (Megan) or (203) 710-9895 (Mikell).

Welcome Megan & Mikell!!

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Meriden CT Market Snapshot for February 2013

by Harriman Real Estate on March 6, 2013

Meriden CT Market Snapshot for February 2013
Here’s how thee Meriden CT housing market looks as of February 28, 2013:

There are currently 167 single family homes for sale in Meriden:

Low list price: $32,000

High list price: $575,900

Average list price: $198,385

Median list price: $185,000

Average Days on Market: 84

Homes sold on average for 92.6% of list price

There are 89 homes currently under contract, priced between $8,000 and $449,000. Based on the number of homes sold in February (19), it would take approximately 9 months to sell the current inventory.

As for condominiums, there are currently 67 condos for sale:

Low list price: $29,900

High list price: $319,888

Average list price: $132,246

Median list price: $130,000

Average Days on Market: 275

Condos sold on average for 64.9% of list price

There are currently 16 condos under contract, priced between $30,000 and $280,000. Based on the number of condos sold in February(4), it would take 17 months to sell the current inventory.

February home sales took a hit in Meriden: single family sales were down by 35%, and condo sales fell 44% to only 4 units sold. The drop in home sales gave Meriden its worst February in the past 3 years, as this months numbers were 8% below February of 2011, and 21% worse than February of 2010. Meanwhile, inventory was mixed as single family homes lost 11 units while condos gained only 7, a net loss of 4 units total. Sales prices were also mixed, as single family homes rose by about 3%, but condos were off by 33%, mainly due to the majority of sales for the month being short sales and foreclosures which closed as a group 65% below list price.

The decrease in inventory and the lower sales numbers means Meriden slipped back even further into a normal buyers market with exactly 10 months of inventory. Even so, we still feel the best is yet to come for the Meriden real estate market as February is historically one of the slower sales months, and we look for the market to pick back up in March.

Interest rates for conventional loans remained at 3.50% for a 30 year note, and …

Click to see the full report

Below are highlight properties for Meriden CT Market Snapshot for February 2013. See more at the full report:
Highlights Maps & Local Schools
Status: Just Sold
239 SHERMAN AVE, Meriden, CT
$70000
0 BEDROOMS
0 BATHROOMS [ 0 FULL, 0 HALF ]
LISTING MLS ID: N329797
Listing Courtesy of: Pat Harriman

Status: Active
67 METACOMET DR, Meriden, CT
$1300
2 BEDROOMS
2 BATHROOMS [ 1 FULL, 1 HALF ]
LISTING MLS ID: N331822
Listing Courtesy of: Pat Harriman

Status: Pending
107 OLD STAGECOACH RD, Meriden, CT
$179900
3 BEDROOMS
2 BATHROOMS [ 2 FULL, 0 HALF ]
LISTING MLS ID: N332237
Listing Courtesy of: Pat Harriman

Status: Just Listed
478 BROWNSTONE RIDGE, Meriden, CT
$364900
3 BEDROOMS
3 BATHROOMS [ 3 FULL, 0 HALF ]
LISTING MLS ID: N334378
Listing Courtesy of: Pat Harriman

See the Full Meriden CT Market Snapshot for February 2013
Free List of Foreclosed Homes For SaleAvoid ForeclosureWhat is Your Home Worth?Short Sale Homes For Sale
Pat Harriman
Harriman Real Estate LLC
203-672-4499
pharriman@harrimanre.com












Information valid as of March 5, 2013. Please contact us for the most current information and status of these properties.
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Just Listed: 478 Brownstone Ridge, Meriden CT 06451

by Harriman Real Estate on March 3, 2013

If you’re looking for elegant, one-level living, you’ve found it here! This custom built ranch is full of the features you’re looking for at a price that can’t be beat. For more information about this and other Meriden homes, call listing agent Pat Harriman at (203) 605-3873 today!

      Stop! You HAVE to see this home!

Just Listed

Pat Harriman

Harriman Real Estate LLC

203-672-4499

Questions?
Schedule a Showing!

Licensed In: CT

478 BROWNSTONE RIDGE

Meriden, CT 06451

Bedrooms: 3

Bathrooms : 3 (3 full)

List Price: $364,900

Living Area Approx : 2360

Custom built light brick ranch offers plenty of space for entertaining with open floor plan, spacious rooms, marble and tile floors, bright kitchen with granite counters, cathedral ceilings, fireplace, partially finished basement, large deck, heated in-ground pool, beautiful landscaping, circular driveway and more.

Feature List:

MLS#: N334378

Property Type: Residential

Property Subtype: Single Family Detached

Lot Size: 0 acres

Appliances: Dishwasher, Microwave, Oven, Refrigerator

Architecture Style: Ranch

Basement: Yes

Cooling Systems: Central A/C

New Construction: No

 

L2L

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For Rent: 2314 Cromwell Hills Dr, Cromwell CT 06416

by Harriman Real Estate on February 27, 2013

This third floor ranch style condo has been well maintained and the complex is close to shopping, dining and the highway. For more info on this or any other Cromwell property, call listing agents Heather & Bill Salafia at (860) 301-2438 today!

   Well maintained condo in Cromwell CT

For Rent

Pat Harriman

Harriman Real Estate LLC

203-672-4499

pharriman@harrimanre.com

Licensed In:
CT

2314 CROMWELL HILLS DR

Cromwell, CT 06416

Bedrooms: 2

Bathrooms : 2 (1 full, 1 half)

List Price: $1,200

Living Area Approx : 1057

This is a well maintained 2 bedroom, 1.5 bath unit on the 3rd floor. Walk-in closet and 1/2 bath in master bedroom, balcony off living room. Includes heat and hot water. Complex offers a pool and is very convenient to shopping and highway access. Credit check, 2 month security deposit required.

Feature List:

MLS#: N334153

PropertyType: Rental

PropertySubtype: Condominium

Appliances: Microwave, Oven, Refrigerator

ArchitectureStyle: Ranch

IsNewConstruction: No

 

L2L

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Wallingford, Meriden to Offer Life Line Screening

by Harriman Real Estate on February 25, 2013

As we advance in age, our bodies become more susceptible to the ravages of injury and disease. Some ailments make themselves known immediately: broken bones, sprains, head and muscle aches, etc. But there are other, more insidious, health issues that are not so readily apparent and that may not show outward symptoms for extended periods of time, sometimes until it’s too late. That’s when some simple tests can be your best defense against catastrophic illness.

Life Line Screening Could Save Your Life

Life Line Screening

Life Line Screening is the leading provider of community-based preventive health screenings in the country, and they will be offering their services in Wallingford on Wednesday, March 6th, at the Most Holy Trinity Church, and in Meriden on Wednesday, March 13th, at the First Congregational Church. This potentially life-saving clinic is a one day only event at both locations. Many people think that, if these screenings were really necessary, their doctor would order them done himself. However, most insurance companies will not pay for them unless there are noticeable symptoms. The problem is, only 1 in 5 people who have a stroke show symptoms or warning signs.

Available Screenings

The following screenings will be available:

  1. Stroke/Carotid Artery Screening (checks for build-up of fatty plaque, the leading cause of strokes)
  2. Heart Rhythm Screening (EKG test that checks for irregular heart rhythm, which can increase the risk of stroke by 5 times)
  3. Abdominal Aortic Aneurysm Screening (Ultrasound test for the presence of an enlargement in the abdominal aorta that could lead to a ruptured aorta)
  4. Peripheral Artery Disease (PAD) Screening (checks for extreme plaque build-up in the lower extremities)
  5. Osteoporosis Risk Assessment (An ultrasound measurement of the heel bone is done to determine if abnormal bone mass density exists.)

I'm gonna get my Life Line Screening, too!The cost for all five of these screenings is $159, a savings of $116. The total time for all 5 screenings is approximately 1 – 1.5 hours. Cardiovascular disease is the #1 killer of both men and women in this country, and a leading cause of permanent disability. Please take the time to have these important tests done now to ensure that you – or a loved one – is not at risk for cardiovascular disease. Remember this is a one day event, and pre-registration is required. Call 1-800-379-3659 with priority code FCNL-151 today to schedule your screenings. The life you save may be your own.

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Cure Cabin Fever at Lyman Orchards 41st Annual Winterfest

by Harriman Real Estate on February 20, 2013

Blizzard Charlotte sure did a number on us, dumping almost 3 feet of snow in our laps and keeping us cooped up in the house for way too long. If cabin fever has you in its clutches right now and you need to escape, then Lyman Orchards has just the thing for the whole family!

41st Annual Lyman Orchards Winterfest

This weekend, February 23rd and 24th, Lyman Orchards will present their 41st annual Winterfest event, and it promises to be bigger and better than ever. From the start of the Apple Barrel Breakfast at 9am Saturday to the close of the festival at 4pm on Sunday, there is sure to be something to put a smile on the face of every member of the family. Some of the weekend events include:

  • Dog racerSnowboarding and snow tubing fun on both days from 10am – 4pm on snow provided by the snow making guns of Powder Ridge Mountain Park & Resort;
  • Dog sled races and mushing lessons courtesy of Northern Exposure Outfitters (Cost: $5 per person), both days from 10am – 4pm.
  • Meet champion dog sled racer Barry Vitello who, at age 15, has already competed in Alaska’s Junior Iditarod and has won races from New England to the Midwest;
  • Visit with the Connecticut Valley Siberian Husky Club both days from 10am – 3pm;
  • Enjoy a horse-drawn wagon ride, courtesy of Foxglove Farm, both days from 11am – 3pm, and sleigh rides will be available if there is sufficient snow cover (I doubt if that will be a concern!);
  • Learn how to prune your own fruit trees at the tree pruning demonstration held both days from 10am – 12noon. Please call 860.349.6043 to sign up for this free demonstration;
  • Enjoy breakfast both days at the Apple Barrel Market from 9am – 11am, and lunch at the Outdoor Grill from 11:30am – 4pm. Plus, enjoy free food samples throughout the day in the Apple Barrel Market.

An ice carver practices his art on a block of iceAs you can see, there’s no shortage of things to do and see at Winterfest, but the highlight of the weekend is always the Ice Carving demonstration and competition. Watch New England’s most talented ice carvers transform thousands of pounds of ice into shimmering works of ice art, meet the carvers and listen to them talk about their passion for ice carving and share the secrets and stories of their craft. And then, after the last ice chip has fallen in the Ice Carving Tent, join the other festival attendees as they choose the People’s Choice winner from among the amazing ice sculptures that have been created!

All in all, this should prove to be another fantastic program put on by Lyman Orchards, in conjunction with Big Y Supermarkets and other event sponsors. The fun begins both Saturday and Sunday at 9 AM, and more information on the scheduled events can be found at the Lyman Orchards Winterfest web site. Lyman Orchard is located at the intersection of Routes 147 and 157 in Middlefield.

Lyman Orchards, Middlefield CT

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Have You Done a Home Inventory?

by Harriman Real Estate on February 19, 2013

A detailed and up-to-date home inventory is a necessary part of any disaster recovery planIt seems like every other week you hear about a family losing everything they own in a house fire, or going on a family vacation and coming home to a vandalized home and missing valuables. Just a couple of days ago I read of just such a case, where a family was awakened in the middle of the night by smoke in the house. They barely got everyone out in time before their home and its contents literally went up in flames. I was thankful that no one was hurt, but wondered how they would replace all their belongings. Home owner’s insurance will go a long ways towards recovering much of what was lost, but the best way to ensure that you get your important property replaced is by completing and maintaining a home inventory.

When disaster strikes, your insurance company will require specific information about your losses before they will compensate you. Without a detailed inventory, the emotions of the event may cause you to forget important details like brand names and places of purchase, not to mention serial and model numbers. A good home inventory can help you:

  • Provide your insurance company with a complete list of your household goods and personal belongings so you’re sure to receive compensation for everything your policy covers.
  • Promptly file a complete claim that can be settled quickly and accurately.
  • Confirm that you have adequate coverage for your belongings.
  • Determine which items were stolen and identify recovered property after a burglary.
  • Provide a record of serial and model numbers for easy identification of your items.
  • Provide a receipt from the original place of purchase.
  • Verify any parts of your loss that you may write off on your federal income taxes.

There are many ways to compile a property inventory: you can use one of the many inventory software packages that install on your computer; you can use an on-line version of an inventory program; or you can simply create an inventory yourself using a spreadsheet program like Excel (PC) or Numbers (Mac) and a good camera. I happen to prefer the web-based inventory programs, simply because if you use a computer based program, your computer might be one of items you have lost to fire or theft! After doing some research, I have found to highly recommended inventory programs that are web based, one paid and one free.

StuffSafe

StuffSafe.com

 

 

 

For $29 a year (after a free 15 day trial period), StuffSafe will keep your property inventory stored online on its secure, encrypted servers. Its easy to use interface allows for storage of not only images and descriptions of all your property, but also insurance policy information. Its drag-and-drop feature makes it simple to move files and photos into their proper folders, while the program also offers nice charts of your inventory’s purchase price and replacement price. You can also export your entire inventory file to a PDF or Excel spreadsheet, and you can also give your insurance agent direct access to your inventory by creating a read-only account for them in the program. Lastly, StuffSafe is also mobile friendly, with its own free app for the iPhone. Here’s a short video tour of the program:

Know Your Stuff

KnowYourStuff.org

Though not as visually appealing as StuffSafe, the features of Know Your Stuff are very similar. The program accommodates images and scanned receipts and forms, and stores your information on Amazon’s S3 servers. Know Your Stuff also has a free iPhone app available in the iTunes store. Check out this short video about the program:

Regardless of whether you use the paid program, the free one or a simple spreadsheet, a detailed home inventory is a critical part of getting compensation through your insurance company in the event of a catastrophic loss. Check them out today, and choose the one that’s best for you.

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14th Annual New Haven County Home Show Coming Up at Oakdale Theater

by Harriman Real Estate on February 19, 2013

If your home was impacted by either Hurricane Sandy or Blizzard Charlotte, or if you’re just planning a new home project and you’re looking for some ideas, then we’ve got just the event you’re looking for!

14th Annual New Haven County Home Show

Taking place this weekend, February 23rd and 24th, at Wallingford’s Oakdale Theater, the 14th Annual New Haven County Home Show brings together a boatload of exhibitors offering everything from building and remodeling, home security, and water purification to solar power, pools and spas, and landscaping services, just to name a few. Just because it’s still Winter (like the piles of snow outside aren’t enough of a reminder!), it doesn’t mean you have to wait until Spring to get out and get some ideas for your next home project, or home purchase.

Chef Debra QueenAn added attraction at this year’s show is cooking seminars by Chef Debra Queen, star of WTNH TV’s “CT Style” show. The seminars will run on Saturday after 3PM, and all day on Sunday. Chef Debra has been a Certified Executive Chef with the American Culinary Federation since 1994 and is also a member of the American Personal & Private Chef’s Association. She refers to her cuisine as “Modern Upscale Comfort Food”, developed using scratch style methods and clean, organic, unprocessed foods combined in interesting and unique presentations with an emphasis on small plates with big flavors.

Cost of admission for the two day event is $7.00 per adult, and children 12 and under get in free. Also, if you click the image below you can get a coupon for a FREE adult general admission pass. The hours of operation will be 11am to 7pm on the 18th, and 11am to 5pm on Sunday. There is plenty of free parking available.

Click here to get a FREE Adult General Admission Pass!

For additional information about the 2013 New Haven County Home Show, please click here, or call 1-800-294-7469. Hope to see you there!

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A Heartfelt Thank You from John and Linda Mercier

by Harriman Real Estate on February 16, 2013

Mercier Halloween displayRegular readers of this blog will remember my post from back in November of last year telling of the plight of the Mercier family. As a little background, John and Linda Mercier live in a home at the corner of South Elm Street and Pond Hill Road in Wallingford. They have a large fenced in yard where every Halloween and Christmas they put out a large assortment of decorations that are a source of surprise and delight to both young and old. This year they put out their Halloween decorations as usual, but during the process of taking them down John fell off a ladder, sustaining serious injuries to his face, eyes and arm that required surgery and many weeks of rehabilitative therapy.

It is with great joy that I tell you that John has recently been released from the rehabilitation center and is back home with Linda. All during his convalescence, both adults and children from throughout Wallingford sent get well cards, donations to help defray medical expenses, and kept John and Linda in their thoughts and prayers, hoping that he would recover from his injuries. And while there is still some rehabilitation ahead, John is doing much better and we hope he can heal enough to once again delight us with his amazing holiday displays. John and Linda wanted to say thank you to everyone who supported them throughout this difficult time, and they have therefore made this video to acknowledge the prayers and generosity of the many friends and supporters they have in this community…Welcome Home, John!

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