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Meriden Market Update January 2010

February 24, 2010

Meriden Market Update for January 2010
Here’s the way the housing market is shaping up in Meriden as of January 31, 2010:
There are currently 237 single family homes for sale in Meriden:

Low list price: $17,500
High list price: [...]

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Meriden Market Update October 2009

November 29, 2009

The Meriden housing market rose sharply in October, with single family home sales rising 42% and condo sales actually doubling from 9 to 18 units sold. Median sales price and average sales price for single family homes both fell slightly, but average days on market rose by more than 50%. The inventory levels are down [...]

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Meriden Market Update September 2009

October 31, 2009

The Meriden housing market continued on a slight downward trend for September. New listings, pending sales and sold homes were again down slightly, but average days on market managed a significant drop. The condo market also saw some lower stats for the month but, just as in the single family market, average days on market [...]

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Meriden Market Update August 2009

October 3, 2009

The Meriden housing market flattened out a little in August, after a couple of months of nice gains. New listings, pending sales and sold homes were all down slightly, and average days on market rose sharply due to some older inventory closing. The lower price points are more and more seeing multiple offers, and cash [...]

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Meriden Market Update July 2009

August 31, 2009

The Meriden housing market seemed to have come to life in July. Pending sales and closed sales were both up significantly, probably as a result of more first time home buyers taking action to receive the $8000 tax credit, which expires in about 90 days. Inventory levels and days on market were both down, [...]

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Meriden Market Update May 2009

June 18, 2009

The Meriden housing market remained on the upswing last month. Pending sales were up again, and closed sales were up sharply for the second consecutive month. The inventory levels again went down, driving the absorption rate to a low for the year of 7 weeks worth of inventory. This is good news and gives an [...]

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Meriden Market Update April 2009

May 15, 2009

The Meriden housing market seems to be on the upswing. Pending sales were up slightly, but closed sales were up sharply over March. The inventory levels were also down quite a bit, driving the absorption rate to a very respectable 21 weeks worth of inventory, a level not seen in many months.
Condo sales were down [...]

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Meriden Market Update February 2009

March 8, 2009

The Meriden housing market seems to stuck in a funk over the past 3 months. For single family homes, total inventory has gone down by 21% while sales have remained relatively flat. We’re hearing that much of the inventory that has come off the market are either overpriced or need work to make them appealing [...]

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Meriden Market Update January 2009

February 12, 2009

The Meriden housing market didn’t show much of a change in January. Inventory remained at December levels while homes sold decreased slightly. However, pending sales doubled which should give a boost to February numbers. Absorption rates increased by 25%, and average days on market also showed a slight increase.
Condominium sales remain lethargic; only one condo [...]

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Meriden Market Update Oct. – Dec. 2008

January 11, 2009

Due to popular request, we are starting to post the status of the Meriden housing market going forward, beginning with the last quarter of 2008.
The Meriden housing market, much like its Wallingford neighbor, has been on a downward slide for several months. While sales of single family homes have been consistent over the last 3 [...]

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