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><channel><title>Wallingford Wired &#187; 06451</title> <atom:link href="http://wallingfordwired.com/tag/06451/feed" rel="self" type="application/rss+xml" /><link>http://wallingfordwired.com</link> <description>Real Estate Info About Wallingford, CT and Surrounding Towns</description> <lastBuildDate>Sat, 04 Feb 2012 20:33:23 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=</generator> <item><title>New Listing: 380 Swain Ave, Meriden CT 06450</title><link>http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450</link> <comments>http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450#comments</comments> <pubDate>Sat, 04 Feb 2012 20:33:23 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[homes for sale]]></category> <category><![CDATA[Listings]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[home for sale]]></category> <category><![CDATA[listing]]></category> <category><![CDATA[Meriden  Connecticut]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=5155</guid> <description><![CDATA[Attention Buyers: This is an AS-IS sale, subject to probate court approval! For more information, please call listing agent Pat Harriman at (203) 605-3873 today! Needs Work, But Worth the Effort! Probate sale Home Photos Local Schools Courtesy: Harriman Real Estate LLC 203-672-4499 pharriman@harrimanre.com Licensed In: CT 380 Swain Ave Meriden, CT 06450 Bedrooms: 3 [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450">New Listing: 380 Swain Ave, Meriden CT 06450</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
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style="color: #ff0000;">Attention Buyers: This is an AS-IS sale, subject to probate court approval! For more information, please call listing agent Pat Harriman at (203) 605-3873 today!</span></p><div
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style="width: 480px; margin: 0px; border: 0px; padding: 0px;"><h1 style="margin: 0; padding: 0 0 5px 0; font: normal 20px verdana; color: #333333; font-weight: bold; float: left; border: 0px;">Needs Work, But Worth the Effort! Probate sale</h1></div></div><div
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style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Courtesy:</p><p
style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Harriman Real Estate LLC</p><p
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style="margin: 0; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;" href="tel:2036724499">203-672-4499</a></p><p
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style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Licensed In:<br
/> CT</p></div></div></div></div><div
style="padding: 0px 0px 0px 0px; margin: 0; border: 0px;"><div
style="background: url('http://searchallproperties.com/Homes_html/images/grbox_midbg.png') repeat-y; width: 520px; padding: 5px 10px 15px 10px; margin: 0px; border: 0px; float: left;"><div
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style="margin: 0; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold; padding: 0px;">380 Swain Ave</p><p
style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Meriden, CT 06450</p><p
style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Bedrooms: 3</p><p
style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Bathrooms : 1 (1 full)</p><p
style="margin: 0; padding: 0px; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">List Price: $119,900</p><p
style="margin: 0; font: normal 14px verdana; color: #333333; line-height: 20px; font-weight: bold;">Living Area Approx :<br
/> 1158</p></div></div></div><div
class="description" style="padding: 0px; margin: 0px; border: 0px;"><div
style="background: url('http://searchallproperties.com/Homes_html/images/grbox_midbg.png') repeat-y; width: 520px; padding: 5px 10px 15px 10px; margin: 0px; float: left;"><div
style="width: 470px; padding-left: 10px; padding-right: 0px; padding-top: 0px; padding-bottom: 0px;"><p>This home is being sold as is and subject to Probate Court approval. Town says its a 3 bedroom but there are no closets in the second floor bedrooms. Fireplace, first floor laundry, oversized 2 car garage with walk-up attic. Large lot.</p></div></div></div><div
class="description" style="padding: 0px; margin: 0px;"><div
style="background: url('http://searchallproperties.com/Homes_html/images/grbox_midbg.png') repeat-y; width: 520px; padding: 5px 10px 15px 10px; margin: 0px; float: left;"><h1 style="margin: 0; padding: 0 0 5px 0; font: normal 20px verdana; color: #333333; font-weight: bold; float: left;">Feature List:</h1><div
style="float: left; width: 500px; padding: 0px; margin: 0px;"><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>MLS#:</strong> N322452</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>Lot Size:</strong> 0.68</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>LstArea:</strong> Meriden</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>LotSizeAcres:</strong> 0.68</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>BathsFull:</strong> 1</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>TotalRooms:</strong> 5</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>Stories:</strong> 2</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>KitchenPresent:</strong> Yes</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>BasementDescription:</strong> Partial Basement, Unfinished</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>FireplaceFeatures:</strong> In Living Room</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>Garage:</strong> 2</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>HeatingFeatures:</strong> Oil, Warm Air</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>CoolingFeatures:</strong> Individual Unit(S)</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>IntFeatures:</strong> Carpeted, Vinyl Flooring; Cable TV Available; Laundry is on First Floor; SECOND BEDROOM: On the Upper Level; THIRD BEDROOM: On the Upper Level; Attic Hatch Opening; 1 Full Bath(s) on First Floor; LIVING ROOM: Fireplace; MASTER BEDROOM: First Floor; KITCHEN: Eating Space Kitchen</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>Inclusions:</strong> Dishwasher, Oven/Range, Refrigerator</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>ExtFeatures:</strong> Asphalt Driveway</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>Exterior:</strong> Wood</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>LSAcresRangeHalf:</strong> 0.68</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>Topography:</strong> Lightly Wooded, Sloping</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>UtilitiesPresent:</strong> Public Sewer Connected, Public Water Connected</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>ElementarySchool:</strong> Per BOE</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>HighSchool:</strong> Per BOE</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>BasementPresent:</strong> Yes</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>FireplacePresent:</strong> 1</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>LaundryRoomPresent:</strong> Yes</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>MasterBedroomPresent:</strong> Yes</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>ParkingFeatures:</strong> Detached</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>EnergyInformation:</strong> Partial Storm Windows</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>AdrDisplay:</strong> Address display</p><p
style="margin-right: 20px; margin-left: 0px; margin-top: 0px; margin-bottom: 0px; padding: 5px; font: normal 12px verdana; color: #333333; line-height: 20px; border-bottom: 1px dotted #cccccc;"><strong>LivingRoomPresent:</strong> Yes</p></div></div></div><div
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id="fb-root"></div><script src="http://connect.facebook.net/en_US/all.js#appId=APP_ID&amp;xfbml=1"></script><fb:send href="http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450" font=""></fb:send><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450">New Listing: 380 Swain Ave, Meriden CT 06450</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2012/new-listing-380-swain-ave-meriden-ct-06450/feed</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>How&#8217;s the Market? Wallingford and Meriden CT December 2011</title><link>http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011</link> <comments>http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011#comments</comments> <pubDate>Mon, 30 Jan 2012 18:52:57 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Housing Trends]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[Wallingford]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[06492]]></category> <category><![CDATA[Meriden  Connecticut]]></category> <category><![CDATA[Wallingford CT]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=5129</guid> <description><![CDATA[How&#8217;s the Market? Wallingford and Meriden CT December 2011 The activity in the Wallingford and Meriden market was uncharacteristically high in December. Usually buyers and sellers take this time to pull back a bit and enjoy family and friends and get ready for Christmas. Some sellers even withdraw their homes from the market, thinking that [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011">How&#8217;s the Market? Wallingford and Meriden CT December 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011"></g:plusone></div><p><span
style="text-decoration: underline;"><strong>How&#8217;s the Market? Wallingford and Meriden CT December 2011</strong></span></p><p>The activity in the Wallingford and Meriden market was uncharacteristically high in December. Usually buyers and sellers take this time to pull back a bit and enjoy family and friends and get ready for Christmas. Some sellers even withdraw their homes from the market, thinking that no one would be out looking for a house at this time of year. But this year, not many sellers took their home off the market and that was a good thing, as the buyers were back out right after the holiday with a vengeance, continuing their home search and taking advantage of interest rates right out of the Twilight Zone.</p><p><span
style="text-decoration: underline;"><strong>Wallingford</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/WlfdSign2.jpg"><img
class="size-full wp-image-4974 alignright" style="margin-left: 15px; margin-right: 15px;" title="Wallingford CT Historical Marker" src="http://wallingfordwired.com/wp-content/uploads/2011/12/WlfdSign2.jpg" alt="Wallingford CT Historical Marker" width="225" height="173" /></a>The number of available homes in Wallingford remained almost exactly at November&#8217;s levels, losing only 3 units overall. Sales of Wallingford <a
title="Houses For Sale in CT" href="http://www.housesforsalect.com/" target="_blank">single family homes</a> were up by 17% in December, but the <a
title="Condos For Sale in CT" href="http://www.condosforsalect.com/" target="_blank">condo market</a> stayed even with November sales. The bad news was that the average selling price for condos fell by over $14,000 last month, while single family homes were selling for about $23,000 less than the prior month. This would seem to be at odds with the numbers that say Wallingford is in a balanced market, where depreciation of homes is usually relatively flat. Sales stats indicated that several homes sold for considerably less than list price, and overall homes sold at only 91.5% of list price, an unusually low figure. Interest rates remain at historically low rates, at or below 4% for conventional loans, while rates for first time home buyers hit a yearly low at 3.250 percent. Rental properties remained in high demand, especially for those who accept Section 8 funds. We do not anticipate that the market will keep up this fast pace and sales for January will most likely fall back to between 25-30 units.</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2012/01/WlfdPriceBandDec20111.png"><img
class="aligncenter size-full wp-image-5138" style="border-image: initial; border-width: 4px; border-color: black; border-style: solid;" title="Wallingford CT Price Band Data December 2011" src="http://wallingfordwired.com/wp-content/uploads/2012/01/WlfdPriceBandDec20111.png" alt="Wallingford CT Price Band Data December 2011" width="500" height="280" /></a></p><p><span
style="text-decoration: underline;"><strong>Meriden</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/meriden10new.jpg"><img
class="size-full wp-image-4975 alignleft" style="margin-left: 15px; margin-right: 15px;" title="Meriden CT Historical Marker" src="http://wallingfordwired.com/wp-content/uploads/2011/12/meriden10new.jpg" alt="Meriden CT Historical Marker" width="158" height="199" /></a>The number of available homes for sale in Meriden dropped by 5% in December, falling to 318 units. Like Wallingford, sales rose slightly in December, up 15% to 39 units sold.  Unlike Wallingford however, the average sale prices jumped for both single family homes and condos: houses were up about 4%, while condos rose around 3 percent. Coupled with the reduced inventory, this was enough to place Meriden firmly in a balanced market for the month, the first time all year that both markets held that status at the same time. And like Wallingford, rentals are also becoming more sought after in Meriden as cost-conscious consumers look for alternatives to buying until the economy improves. Those buyers who are in a position to buy have been out in force since right after Christmas, and they are still in great shape to take advantage of low interest rates. The CHFA rate for first time buyers is now at an all-time low 3.25% and shows no sign of rising any time soon, despite speculation in some quarters that they will start to rise after the first of the year. Even with all this good news, it appears that january sales will not be able to match December&#8217;s sales, and will probably end up around 20-25 units sold.</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2012/01/MeridenPriceBandDec20111.png"><img
class="aligncenter size-full wp-image-5139" style="border-image: initial; border-width: 4px; border-color: black; border-style: solid;" title="Meriden CT Price Band Data December 2011" src="http://wallingfordwired.com/wp-content/uploads/2012/01/MeridenPriceBandDec20111.png" alt="Meriden CT Price Band Data December 2011" width="500" height="280" /></a></p><p> <span
style="text-decoration: underline;"><strong>Summary</strong></span></p><p>Inventory in both Wallingford and Meriden continued to drop in December, while sales in both towns rose. Total sales for both communities in December were 75 units, a 15% increase over November, and a 14% increase over December 2010. Overall, both single family homes and condos are selling for slightly less than in November but selling quicker. Wallingford&#8217;s market remained a balanced one, with just under 7 months of available inventory, and Meriden&#8217;s market also improved to a balanced market with just over 8 months of inventory, the first time in 2011 that both markets have been in the same status. If you&#8217;re selling a home in Wallingford, properties priced at $180,000 or less or between $250,000 and $300,000 are now selling the best, while everything else is moving slowly. In Meriden it&#8217;s the homes priced in the $120,000 and under range that are selling the fastest, anything priced higher is taking 4 months or more to sell. It looks like sales in both towns will fall back slightly in January, but we&#8217;re hopeful that interest rates will stay at current levels for a while and buyer activity will remain high heading into the Spring market.</p><p><em>For more information on the Wallingford and Meriden housing markets, call Harriman Real Estate today at (203) 672-4499, email us at <a
title="email us!" href="mailto: info@harrimanre.com" target="_blank">info@harrimanre.com</a>, or visit our web site at <a
title="Harriman Real Estate LLC" href="http://www.harrimanre.com" target="_blank">www.harrimanre.com</a>!</em></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011">How&#8217;s the Market? Wallingford and Meriden CT December 2011</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2012/hows-the-market-wallingford-and-meriden-ct-december-2011/feed</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Meriden Market Update for December 2011</title><link>http://wallingfordwired.com/2012/meriden-market-update-for-december-2011</link> <comments>http://wallingfordwired.com/2012/meriden-market-update-for-december-2011#comments</comments> <pubDate>Sat, 28 Jan 2012 22:43:50 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[Housing Trends]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=5109</guid> <description><![CDATA[Meriden CT Market Update for December 2011 Here&#8217;s the way the housing market is shaping up in Meriden as of December 31, 2011: There are currently 226 single family homes for sale in Meriden: Low list price: $18,000 High list price: $575,900 Average list price: $187,713 Median list price: $169,900 Average Days on Market: 73 [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2012/meriden-market-update-for-december-2011">Meriden Market Update for December 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2012/meriden-market-update-for-december-2011"></g:plusone></div><p><strong><span
style="text-decoration: underline;">Meriden CT Market Update for December 2011</span></strong></p><p>Here&#8217;s the way the housing market is shaping up in Meriden as of December 31, 2011:</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenMansion.jpg"><img
class="size-full wp-image-4945 alignright" style="margin-left: 20px; margin-right: 20px;" title="Meriden Single Family Home" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenMansion.jpg" alt="Meriden Single Family Home" width="225" height="163" /></a>There are currently <strong>226 single family homes </strong>for sale in Meriden:</p><ul><li>Low list price: $18,000</li><li>High list price: $575,900</li><li>Average list price: $187,713</li><li>Median list price: $169,900</li><li>Average Days on Market: 73</li><li>Homes sold on average for 95.1% of list price</li></ul><p>There are <strong>71 </strong>homes currently under contract, priced between $20,000 and $349,900. Based on the number of homes sold in December (<strong>31</strong>), it would take approximately <strong>7 months</strong> to sell the current inventory.</p><p>As for <strong>condominiums</strong>, there are currently <strong>92</strong> <strong>condos</strong> for sale:</p><ul><li><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenCondo.jpg"><img
class="size-full wp-image-4946 alignleft" style="margin-left: 20px; margin-right: 20px;" title="Meriden Condo" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenCondo.jpg" alt="Meriden Condo" width="237" height="161" /></a>Low list price: $38,000</li><li>High list price: $289,900</li><li>Average list price: $125,610</li><li>Median list price: $124,950</li><li>Average Days on Market: 84</li><li>Condos sold on average for 96.4% of list price</li></ul><p>There are currently <strong>18 </strong>condos under contract, priced between $30,000 and $269,900. Based on the number of condos sold in December (<strong>8</strong>), it would take approximately <strong>12 months</strong> to sell the current inventory.</p><p>Here is a chart comparing annual home and condo sales in Meriden for the year-to-date:</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2012/01/MeridenSalesDec2011.png"><img
class="aligncenter size-full wp-image-5112" style="border-image: initial; border-width: 4px; border-color: black; border-style: solid;" title="Meriden Home Sales December 2011" src="http://wallingfordwired.com/wp-content/uploads/2012/01/MeridenSalesDec2011.png" alt="Meriden Home Sales December 2011" width="501" height="318" /></a></p><p>Meriden home inventory were mixed again in December, with single family homes falling more than 5% to 226, while condos remained exactly at November&#8217;s level of 92 available properties. The average sale price for condos continued the strong showing it had in November, ending up 3% at $121,101, its highest level since August, while single family homes rose 4% to their highest level since September, $178,590. Interest rates for conventional loans continue to hover at or below the 4% range and CHFA rates (for first time home buyers) fell to another yearly low at 3.250%.  Meriden single family home sales rebounded from November&#8217;s level of 25 units to 31 units sold, while condo sales fell just one to 8 units sold. With the drop in inventory and rise in units sold, Meriden&#8217;s market ended 2011 in a balanced market, with about 8 months of home inventory. This bodes well for the 2012 Spring market as housing activity picked up steam immediately after Christmas and by all accounts is now going full speed ahead.    At the end of November we projected less than 29 total sales for December, but actual total sales were 39, up 13% from last December and a surprising lead-in to the new year.</p><p
style="text-align: center;"><strong>Meriden Properties For Sale</strong></p><p
style="text-align: center;"><em>(zoom out to see more properties)</em></p><p><center><iframe
style="width: 100%; height: 500px;" src="http://listings.realbird.com/home-search-o/map-search.aspx?rb_id=C2B3F1C4&amp;bq=[item type:housing][location:@%2206450%22%2b15mi][listing type:housing/sale]&amp;orderby=ctime_reverse&amp;mzoom=13" frameborder="0" width="100%" height="500"></iframe></center></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2012/meriden-market-update-for-december-2011"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2012/meriden-market-update-for-december-2011">Meriden Market Update for December 2011</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2012/meriden-market-update-for-december-2011/feed</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>How&#8217;s the Market? Wallingford and Meriden CT November 2011</title><link>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011</link> <comments>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011#comments</comments> <pubDate>Wed, 28 Dec 2011 01:08:02 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[Housing Trends]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[Wallingford]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[06492]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4969</guid> <description><![CDATA[How&#8217;s the Market? Wallingford and Meriden CT November 2011 The Wallingford and Meriden saw some changes in November, as Wallingford saw increased sales while Meriden sales were down, but sale prices were mixed and inventory was down across the board. Wallingford The number of available homes in Wallingford decreased by 10% in November to 252, [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011">How&#8217;s the Market? Wallingford and Meriden CT November 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011"></g:plusone></div><p><span
style="text-decoration: underline;"><strong>How&#8217;s the Market? Wallingford and Meriden CT November 2011</strong></span></p><p>The Wallingford and Meriden saw some changes in November, as Wallingford saw increased sales while Meriden sales were down, but sale prices were mixed and inventory was down across the board.</p><p><span
style="text-decoration: underline;"><strong>Wallingford</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/WlfdSign2.jpg"><img
class="alignleft size-full wp-image-4974" style="margin-left: 15px; margin-right: 15px;" title="Wallingford CT Historical Marker" src="http://wallingfordwired.com/wp-content/uploads/2011/12/WlfdSign2.jpg" alt="Wallingford CT Historical Marker" width="225" height="173" /></a>The number of available homes in Wallingford decreased by 10% in November to 252, the lowest number since last February. Wallingford <a
title="Houses For Sale in CT" href="http://www.housesforsalect.com/" target="_blank">single family homes</a> sold faster in November than at any time during the year, averaging just 67 days to sell, but the <a
title="Condos For Sale in CT" href="http://www.condosforsalect.com" target="_blank">condo market</a> was languishing, with the typical condo taking just under 6 months to sell. The good news is this is the second consecutive month of improvement in that area. Conversely, the average selling price for condos jumped by over $5,500 last month, while single family homes were selling for about $2,000 less than the prior month. Interest rates remain at historically low rates, at or below 4% for conventional loans and an amazing 3.375% for first time home buyer. One thing we&#8217;ve noticed is that rental properties are becoming much more in demand, and we&#8217;re getting just as many inquiries about our rentals as we are our homes for sale. Some homeowners who are having difficulty selling are now turning to renting their homes for added income, and for buyers who are unable to afford a big down payment or have less than stellar credit, this is suiting them just fine.  We expect this trend to continue, and sales should level off in December before getting its second wind after the New Year.</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/WlfdPriceBandNov2011.jpg"><img
class="aligncenter size-full wp-image-4971" title="Wallingford Sales by Price Band November 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/12/WlfdPriceBandNov2011.jpg" alt="Wallingford Sales by Price Band November 2011" width="515" height="303" /></a></p><p>&nbsp;</p><p><span
style="text-decoration: underline;"><strong>Meriden</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/meriden10new.jpg"><img
class="alignright size-full wp-image-4975" title="Meriden CT Historical Marker" src="http://wallingfordwired.com/wp-content/uploads/2011/12/meriden10new.jpg" alt="Meriden CT Historical Marker" width="158" height="199" /></a>The number of available homes for sale in Meriden also dropped in November, but not as much as Wallingford, falling about 4.5% to 322 units and keeping Meriden firmly in a buyer&#8217;s market. Sales were down only slightly, which is encouraging in a winter market, and we are confident that these numbers won&#8217;t change significantly going into 2012.  Just as in Wallingford, average sale prices fell for single family homes and rose for condos; however, while condos were selling a little faster than they did in October, single family homes took a little longer to sell. And like Wallingford, rentals are also becoming more sought after in Meriden as cost-conscious consumers look for alternatives to buying until the economy improves.</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenPriceBandNov2011.jpg"><img
class="aligncenter size-full wp-image-4972" title="Meriden Sales by Price Band November 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenPriceBandNov2011.jpg" alt="Meriden Sales by Price Band November 2011" width="515" height="303" /></a></p><p> <span
style="text-decoration: underline;"><strong>Summary</strong></span></p><p>Wallingford and Meriden both saw a drop in inventory, but sales in Wallingford increased while Meriden sales fell in November. Total sales for both communities in November were 65 units, an 18% drop from November 2010. Overall, single family homes are selling for slightly less than in October but selling quicker, while condos are selling for significantly more but selling at a much slower rate. Wallingford&#8217;s market improved to a balanced one, with just over 8 months of available inventory, while Meriden&#8217;s market declined ever so slightly but stayed firmly in a normal buyer&#8217;s market with about 9.5 months of inventory. If you&#8217;re selling a home in Wallingford, properties priced between $200,000 and $300,000 are selling the best, while anything priced over $300,000 are moving very slowly. In Meriden it&#8217;s the homes priced in the $100,000 and under range that are selling the fastest, anything priced higher is taking up to a year or more to sell. We&#8217;re hoping December ends on a high note for sales and that that momentum can carry over into January and beyond.</p><p><em>For more information on the Wallingford and Meriden housing markets, call Harriman Real Estate today at (203) 672-4499, email us at <a
title="email us!" href="mailto: info@harrimanre.com" target="_blank">info@harrimanre.com</a>, or visit our web site at <a
title="Harriman Real Estate LLC" href="http://www.harrimanre.com" target="_blank">www.harrimanre.com</a>!</em></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011">How&#8217;s the Market? Wallingford and Meriden CT November 2011</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-november-2011/feed</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>What Do I Do With My Christmas Tree?</title><link>http://wallingfordwired.com/2011/what-do-i-do-with-my-christmas-tree</link> <comments>http://wallingfordwired.com/2011/what-do-i-do-with-my-christmas-tree#comments</comments> <pubDate>Tue, 27 Dec 2011 00:50:34 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[consumer]]></category> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[Recycling]]></category> <category><![CDATA[Wallingford]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[06492]]></category> <category><![CDATA[Christmas tree]]></category> <category><![CDATA[Meriden  Connecticut]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4959</guid> <description><![CDATA[What Do I Do With My Christmas Tree? When I was a kid, our family always used to have a real, live tree for Christmas. There was nothing like smell of a Blue Spruce or a Fraser Fir wafting through the house to make it seem more like a special time of year. No artificial [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/what-do-i-do-with-my-christmas-tree">What Do I Do With My Christmas Tree?</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/what-do-i-do-with-my-christmas-tree"></g:plusone></div><p><span
style="text-decoration: underline;"><strong>What Do I Do With My Christmas Tree?</strong></span></p><p><a
href="http://commons.wikipedia.org/wiki/File:Artificial_Christmas_tree.jpg"><img
class="zemanta-img-inserted zemanta-img-configured  alignright" style="margin-left: 10px; margin-right: 10px;" title="Ain't this a purty tree?" src="http://upload.wikimedia.org/wikipedia/commons/thumb/9/91/Artificial_Christmas_tree.jpg/300px-Artificial_Christmas_tree.jpg" alt="Ain't this a purty tree?" width="210" height="280" /></a></p><p>When I was a kid, our family always used to have a real, live tree for Christmas. There was nothing like smell of a Blue Spruce or a Fraser Fir wafting through the house to make it seem more like a special time of year. No artificial tree for us; our family owned a 210 acre farm and if you went into the woods, closed your eyes and pointed, chances are you&#8217;d be pointing at a pretty darn nice Christmas tree.</p><p>Nowadays, many people (including me) opt for a reusable, long-lasting artificial tree for Christmas. A 2004 poll conducted by ABC News/Washington Post determined that 58% of families were using a fake tree. It&#8217;s probably higher now. The main reasons for the change from real trees were cost, reusability and safety, but the main reason? <strong>No messy needle clean-up</strong>.</p><p>No matter what side of the real-vs-fake tree debate you line up on, there are still milions of people who remain true to the natural beauty of a living tree in their living room, decorated to the max and bursting with wrapped presents. And no matter if the tree comes down on December 26th or stays up well into January, the question real tree lovers face is: What do I do with the tree when I take it down?</p><p>Well, at least in Wallingford and Meriden CT, that question has been answered.</p><p><span
style="text-decoration: underline;"><strong>Wallingford</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/XmasTreeChipper1.jpg"><img
class="alignleft size-full wp-image-4965" style="margin-left: 10px; margin-right: 10px;" title="Wallingford CT Recycling Christmas Trees" src="http://wallingfordwired.com/wp-content/uploads/2011/12/XmasTreeChipper1.jpg" alt="Wallingford CT Recycling Christmas Trees" width="247" height="191" /></a>In Wallingford, the Department of Public Works will begin curbside pick-up of Christmas trees on Monday, January 9th in all sections of town. Trees must be stripped of all decorations, tinsel, bows, etc, and be placed by the curb no later than <span
style="text-decoration: underline;">Sunday, January 8th</span>.</p><p>This is a one-time pick-up, so be sure to have your trees out at the curb prior to the deadline. In the event you miss it, however, you can take the tree to the Wallingford Compost Area at no charge. The Wallingford Compost Center at <a
title="Wallingford Compost Center" href="http://maps.google.com/maps?q=157+John+Street,+Wallingford+Center,+CT&amp;hl=en-US&amp;sll=41.447552,-72.833776&amp;sspn=0.03725,0.077162&amp;vpsrc=0&amp;hnear=157+John+St,+Wallingford,+Connecticut+06492&amp;t=m&amp;z=16" target="_blank">157 John Street</a>  will be open Monday, Thursday and Saturday from 8 AM to 4 PM until January 14th. The Compost Center will be closed from January 15th until March 15th, 2012. Any questions should be directed to the DPW at (203) 294-2105.</p><p><span
style="text-decoration: underline;"><strong>Meriden</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenXferStation1.jpg"><img
class="size-full wp-image-4964 alignright" style="margin-left: 10px; margin-right: 10px;" title="Meriden Transfer Station" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenXferStation1.jpg" alt="Meriden Transfer Station" width="245" height="136" /></a>Meriden will be collecting trees in two phases. For residents who live on the east side of the city, the department of Public Works will pick up your trees from January 9th to January 20th. West side residents will have their trees picked up between January 23rd and February 3rd, so you can have that Christmas-y feel a little longer!</p><p>Again, the trees must be cleaned of all types of ornaments before being placed at the curb. If you&#8217;d rather dispose of your tree yourself, you can take it to the <a
title="Meriden Transfer Station" href="http://www.cityofmeriden.org/Content/Transfer_Station/" target="_blank">Meriden Transfer Station</a> on Evansville Road across from Meriden Markham Airport. The hours of operation are Mondays from 7:30 AM to 11:30 AM, Wednesdaays from 10:30 AM to 2:30 PM, and the first and third Saturday of the month from 7:30 AM to 12 noon. Any questions can be directed to the DPW at (203) 630-4018.</p><p>So, now that you know how to get rid of your lovely tree, you can rest easy and get the maximum amount of enjoyment from it. Just don&#8217;t forget to clean up those pine needles&#8230;</p><p>&nbsp;</p><div
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href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/what-do-i-do-with-my-christmas-tree">What Do I Do With My Christmas Tree?</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2011/what-do-i-do-with-my-christmas-tree/feed</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Meriden Market Update for November 2011</title><link>http://wallingfordwired.com/2011/meriden-market-update-for-november-2011</link> <comments>http://wallingfordwired.com/2011/meriden-market-update-for-november-2011#comments</comments> <pubDate>Mon, 26 Dec 2011 18:56:44 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[Housing Trends]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[Meriden  Connecticut]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4891</guid> <description><![CDATA[Meriden CT Market Update for November 2011 Here&#8217;s the way the housing market is shaping up in Meriden as of November 30, 2011: There are currently 239 single family homes for sale in Meriden: Low list price: $18,000 High list price: $575,900 Average list price: $185,357 Median list price: $169,900 Average Days on Market: 70 [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/meriden-market-update-for-november-2011">Meriden Market Update for November 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/meriden-market-update-for-november-2011"></g:plusone></div><p><strong><span
style="text-decoration: underline;">Meriden CT Market Update for November 2011</span></strong></p><p>Here&#8217;s the way the housing market is shaping up in Meriden as of November 30, 2011:</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenMansion.jpg"><img
class="alignleft size-full wp-image-4945" style="margin-left: 20px; margin-right: 20px;" title="Meriden Single Family Home" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenMansion.jpg" alt="Meriden Single Family Home" width="225" height="163" /></a>There are currently <strong>239 single family homes </strong>for sale in Meriden:</p><ul><li>Low list price: $18,000</li><li>High list price: $575,900</li><li>Average list price: $185,357</li><li>Median list price: $169,900</li><li>Average Days on Market: 70</li><li>Homes sold on average for 92.5% of list price</li></ul><p>There are <strong>69 </strong>homes currently under contract, priced between $19,900 and $349,900. Based on the number of homes sold in November (<strong>25</strong>), it would take approximately <strong>10 months</strong> to sell the current inventory.</p><p>As for <strong>condominiums</strong>, there are currently <strong>92</strong> <strong>condos</strong> for sale:</p><ul><li><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenCondo.jpg"><img
class="alignright size-full wp-image-4946" title="Meriden Condo" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenCondo.jpg" alt="Meriden Condo" width="237" height="161" /></a>Low list price: $38,000</li><li>High list price: $289,900</li><li>Average list price: $124,166</li><li>Median list price: $122,988</li><li>Average Days on Market: 84</li><li>Condos sold on average for 94.7% of list price</li></ul><p>There are currently <strong>20 </strong>condos under contract, priced between $37,000 and $269,900. Based on the number of condos sold in November (<strong>9</strong>), it would take approximately <strong>10 months</strong> to sell the current inventory.</p><p>Here is a chart comparing annual home and condo sales in Meriden for the year-to-date:</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenSalesNov2011.png"><img
class="aligncenter size-full wp-image-4943" style="border-image: initial; margin-top: 2px; margin-bottom: 2px; border-width: 2px; border-color: black; border-style: solid;" title="Meriden Sales November 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/12/MeridenSalesNov2011.png" alt="Meriden Sales November 2011" width="493" height="324" /></a></p><p>Meriden home inventory were mixed in November: single family homes  fell 4% to 239, while condos regained the 2 lost in October to finish at 92 available properties. The average sale price for condos rebounded a little in November, ending up 7% at $117,598, while single family homes fell again to $171,437. Interest rates for conventional loans continue to hover at or below the 4% range and CHFA rates (for first time home buyers) fell to a yearly low at 3.375%.  Meriden single family home sales fell slightly from 29 to 25 units, while condo sales rose from 7 to 9 units sold. Year to date, Meriden&#8217;s market is is still in a normal buyer&#8217;s market, with about 9.5 months of home inventory. At the end of October we projected 26 total sales for November, but actual total sales were 34, down 15% from last November. Due to the holidays, we feel confident that total sales in December will be below the 29 units sold last December.</p><p
style="text-align: center;"><strong>Meriden Properties For Sale</strong></p><p
style="text-align: center;"><em>(zoom out to see more properties)</em></p><p><center><iframe
style="width: 100%; height: 500px;" src="http://listings.realbird.com/home-search-o/map-search.aspx?rb_id=C2B3F1C4&amp;bq=[item type:housing][location:@%2206450%22%2b15mi][listing type:housing/sale]&amp;orderby=ctime_reverse&amp;mzoom=13" frameborder="0" width="100%" height="500"></iframe></center></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/meriden-market-update-for-november-2011"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/meriden-market-update-for-november-2011">Meriden Market Update for November 2011</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2011/meriden-market-update-for-november-2011/feed</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>How&#8217;s the Market? Wallingford and Meriden CT October 2011</title><link>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011</link> <comments>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011#comments</comments> <pubDate>Fri, 18 Nov 2011 23:51:10 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[Housing Trends]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[Wallingford]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[06492]]></category> <category><![CDATA[Meriden  Connecticut]]></category> <category><![CDATA[real estate]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4791</guid> <description><![CDATA[How&#8217;s the Market? Wallingford and Meriden CT October 2011 The Wallingford and Meriden housing markets took different paths in October, as Wallingford saw decreased sales but mixed sale prices, while Meriden sales were up, but homes were selling for less. Wallingford Eighty-eight percent of Wallingford home sales in October were still in the $100K &#8211; [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011">How&#8217;s the Market? Wallingford and Meriden CT October 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011"></g:plusone></div><p><span
style="text-decoration: underline;"><strong>How&#8217;s the Market? Wallingford and Meriden CT October 2011</strong></span></p><p>The Wallingford and Meriden housing markets took different paths in October, as Wallingford saw decreased sales but mixed sale prices, while Meriden sales were up, but homes were selling for less.</p><p><span
style="text-decoration: underline;"><strong>Wallingford</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/wallingfordtownhall.jpg"><img
class="size-medium wp-image-4724 alignleft" style="margin-top: 2px; margin-bottom: 2px; margin-left: 10px; margin-right: 10px; border-width: 2px; border-color: black; border-style: solid;" title="Wallingford Town Hall" src="http://wallingfordwired.com/wp-content/uploads/2011/11/wallingfordtownhall-300x202.jpg" alt="Wallingford Town Hall" width="250" height="175" /></a>Eighty-eight percent of Wallingford home sales in October were still in the $100K &#8211; $300K range, as sales of over $400K homes seem to have gone into winter hibernation . And the bulk of the inventory is still found in that price range, with 63% of available homes found there, compared to 56% in both August and September. Sales of Wallingford <a
title="Houses For Sale in CT" href="http://www.housesforsalect.com" target="_blank">single family homes</a> returned to their summertime level of days on market in October, averaging 70 days to sell, and the <a
title="Condos For Sale in CT" href="http://www.condosforsalect.com" target="_blank">condo market</a> also improved somewhat, taking just over 6 months to sell a unit rather than the 8 months of September. The average selling prices saw some mixed  results, with condos falling another 4% while single family homes remained nearly unchanged from the prior month. With low utility and tax rates, Wallingford remains a very popular destination for home buyers. Interest rates remain at amazingly low rates, at or below 4% for conventional loans and 3.5% for first time home buyers, and this will hopefully help keep sales stable as 2011 comes to a close. So far, sales for November are down but the bulk of October sales closed in the second half of the month and we&#8217;re hoping the same will hold true this month.</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/WlfdPriceBandOct2011a1.jpg"><img
class="aligncenter size-full wp-image-4794" title="Wallingford Sales by Price Band October 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/11/WlfdPriceBandOct2011a1.jpg" alt="Wallingford Sales by Price Band October 2011" width="515" height="303" /></a></p><p><span
style="text-decoration: underline;"><strong>Meriden</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/meriden12castle.jpg"><img
class="alignright size-medium wp-image-4735" style="margin-top: 2px; margin-bottom: 2px; margin-left: 10px; margin-right: 10px; border-width: 2px; border-color: black; border-style: solid;" title="Meriden's Castle Craig" src="http://wallingfordwired.com/wp-content/uploads/2011/11/meriden12castle-300x206.jpg" alt="Meriden's Castle Craig" width="250" height="175" /></a>Sales of properties under $100,000 (almost all of them condos) jumped by 166% in October as several foreclosed properties changed hands and brought this price range into a normal seller&#8217;s market.  Sales of homes between $100,000 and $200,000 dropped slightly, as did the number of those homes in the inventory, but not enough to stop it from edging into an extreme seller&#8217;s market.  Meriden home sales as a whole improved a bit, but due to those bank-owned condos selling at very low prices, the average selling price dropped to its lowest level of the year.  We projected October&#8217;s total sales to be slightly off from September&#8217;s numbers, and we were correct as only 30 total properties sold. November sales for the first half of the month are at 15 units sold, which looks like total sales will be about the same as October, but the bulk of October&#8217;s sales closed in the latter part of the month so we&#8217;re hoping that means we&#8217;ll see another month of increased sales going into the holidays.</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/MerPriceBandOct2011a.jpg"><img
class="aligncenter size-full wp-image-4798" title="Meriden Sales by Price Band October 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/11/MerPriceBandOct2011a.jpg" alt="Meriden Sales by Price Band October 2011" width="515" height="303" /></a></p><p><span
style="text-decoration: underline;"><strong>Summary</strong></span></p><p>While the Wallingford and Meriden markets both ended October in a normal buyer&#8217;s market, they took slightly different routes getting there: Wallingford saw a drop in inventory and also in sales, but the average selling price for single family homes was relatively unchanged while condos dropped by about 4%; Meriden saw increases in inventory and sales and healthy drops in average selling price in both categories. The months of inventory also went in opposite directions as Wallingford now has almost 11 months worth of available properties (up from September&#8217;s 9.34 months worth), and Meriden saw a drop in inventory from September&#8217;s 11.83 to 9.36, down 21% from the prior month. Sales in October of last year in both towns totaled 54 units, 13% less than October of this year, while November sales last year totaled 79 units, a 46% jump over the prior month. We think a similar increase is unlikely this year, but we are hopeful that an increase will happen and 2011 will close on a high note.</p><p><em>For more information on the Wallingford and Meriden housing markets, call Harriman Real Estate today at (203) 672-4499, email us at <a
title="email us!" href="mailto: info@harrimanre.com" target="_blank">info@harrimanre.com</a>, or visit our web site at <a
title="Harriman Real Estate LLC" href="http://www.harrimanre.com" target="_blank">www.harrimanre.com</a>!</em></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011">How&#8217;s the Market? Wallingford and Meriden CT October 2011</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-october-2011/feed</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Meriden CT Market Update for October 2011</title><link>http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011</link> <comments>http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011#comments</comments> <pubDate>Tue, 15 Nov 2011 23:41:30 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[Meriden  Connecticut]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4764</guid> <description><![CDATA[Meriden CT Market Update for October 2011 Here&#8217;s the way the housing market is shaping up in Meriden as of October 31, 2011: There are currently 248 single family homes for sale in Meriden: Low list price: $20,000 High list price: $575,900 Average list price: $188,420 Median list price: $170,450 Average Days on Market: 73 Homes [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011">Meriden CT Market Update for October 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011"></g:plusone></div><p><strong><span
style="text-decoration: underline;">Meriden CT Market Update for October 2011</span></strong></p><p>Here&#8217;s the way the housing market is shaping up in Meriden as of October 31, 2011:</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/458BrownstoneRidge.jpg"><img
class="alignright size-full wp-image-4771" title="458 Brownstone Ridge Exterior front" src="http://wallingfordwired.com/wp-content/uploads/2011/11/458BrownstoneRidge.jpg" alt="458 Brownstone Ridge Exterior front" width="200" height="150" /></a>There are currently <strong>248 single family homes </strong>for sale in Meriden:</p><ul><li>Low list price: $20,000</li><li>High list price: $575,900</li><li>Average list price: $188,420</li><li>Median list price: $170,450</li><li>Average Days on Market: 73</li><li>Homes sold on average for 91.5% of list price</li></ul><p>There are <strong>74</strong> homes currently under contract, priced between $19,900 and $360,000. Based on the number of homes sold in October (<strong>26</strong>), it would take approximately <strong>9 months</strong> to sell the current inventory.</p><p>As for <strong>condominiums</strong>, there are currently <strong>90</strong> <strong>condos</strong> for sale:</p><ul><li><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/158PaddockAve2.jpg"><img
class="alignleft size-full wp-image-4770" style="margin-left: 20px; margin-right: 20px;" title="158 Paddock Ave Exterior Front" src="http://wallingfordwired.com/wp-content/uploads/2011/11/158PaddockAve2.jpg" alt="158 Paddock Ave Exterior Front" width="200" height="150" /></a>Low list price: $38,000</li><li>High list price: $269,000</li><li>Average list price: $124,998</li><li>Median list price: $124,700</li><li>Average Days on Market: 53</li><li>Condos sold on average for 88.0% of list price</li></ul><p>There are currently <strong>19 </strong>condos under contract, priced between $32,000 and $264,900. Based on the number of condos sold in October (<strong>7</strong>), it would take approximately <strong>13 months</strong> to sell the current inventory.</p><p>Here is a chart comparing annual home and condo sales in Meriden for the year-to-date:</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/MeridenSalesOct2011.png"><img
class="aligncenter size-full wp-image-4767" style="margin-top: 2px; margin-bottom: 2px; border-width: 2px; border-color: black; border-style: solid;" title="Meriden Sales October 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/11/MeridenSalesOct2011.png" alt="Meriden Sales October 2011" width="493" height="324" /></a></p><p>Meriden home inventory saw drops across the board in October, as single family homes remained fell 6% to 248, and condos lost 2 to finish at 90 available properties. The average sale price for condos established a new low for the year, ending at $109,998 (due to sales of 5 sub-$100K units), while single family homes fell another $4,000 to $172,367. Interest rates for conventional loans continue to hover at or below the 4% range and CHFA rates (for first time home buyers) also remained steady at 3.5%. As expected, Meriden home sales saw some slight improvement in October: single family home sales rose from 26 to 29 units, and condo sales almost doubled for the month from 4 to 7 units sold. Meriden&#8217;s market is is still in a normal buyer&#8217;s market, but did improve slightly to 11.20 months of home inventory, down from 11.83 months of inventory in September. Projections for November are not looking good overall; with only 13 properties sold so far, the total sales for the month would be 26 units, far below last November&#8217;s 50 units.</p><p
style="text-align: center;"><strong>Meriden Properties For Sale</strong></p><p
style="text-align: center;"><em>(zoom out to see more properties)</em></p><p><center><iframe
style="width: 100%; height: 500px;" src="http://listings.realbird.com/home-search-o/map-search.aspx?rb_id=C2B3F1C4&amp;bq=[item type:housing][location:@%2206450%22%2b15mi][listing type:housing/sale]&amp;orderby=ctime_reverse&amp;mzoom=13" frameborder="0" width="100%" height="500"></iframe></center></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011">Meriden CT Market Update for October 2011</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2011/meriden-ct-market-update-for-october-2011/feed</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>Meriden Hosts 2nd Annual Battle of the Burgers</title><link>http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers</link> <comments>http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers#comments</comments> <pubDate>Sun, 13 Nov 2011 01:37:02 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[Things To Do]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[Meriden  Connecticut]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4752</guid> <description><![CDATA[Alright.  It&#8217;s a Wednesday night, and you&#8217;re hungry. REALLY hungry. You have this hankering for a big, juicy cheeseburger with all the fixin&#8217;s&#8230;you know, an ooey-gooey two-fisted burger that you need 10 napkins for. So, what are your options? Big Mac ? Whopper? Nope, too run-of-the-mill. Time to think outside the big box. There&#8217;s only [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers">Meriden Hosts 2nd Annual Battle of the Burgers</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers"></g:plusone></div><p>Alright.  It&#8217;s a Wednesday night, and you&#8217;re hungry.</p><p><em><strong>REALLY hungry.</strong></em></p><p>You have this hankering for a big, juicy cheeseburger with all the fixin&#8217;s&#8230;you know, an ooey-gooey two-fisted burger that you need 10 napkins for. So, what are your options?</p><p>Big Mac ? Whopper? Nope, too run-of-the-mill. Time to think outside the big box. There&#8217;s only one thing to do&#8230;It&#8217;s time for:</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/BurgerWars2.jpg"><img
class="aligncenter size-full wp-image-4754" title="Battle of the Burgers II" src="http://wallingfordwired.com/wp-content/uploads/2011/11/BurgerWars2.jpg" alt="Battle of the Burgers II" width="476" height="227" /></a></p><p>Yeah, that&#8217;s the ticket!</p><p>This coming Wednesday, November 16th, the Meriden <a
class="zem_slink" title="Record-Journal" href="http://www.myrecordjournal.com/" rel="homepage">Record-Journal</a> is sponsoring the second installment in their epic battle to see who can conjure up the best, juiciest, mouth-wateringest, awesomest ground beef concoction this side of Granny&#8217;s Meat Loaf. The inaugural burger bash held last year at il Monticello was a hit, bringing over 300 burger aficionados together to decide who would be Meriden&#8217;s BurgerMeister for 2010.</p><p>This year&#8217;s contest, going down at <a
title="Directions to the Four Points Sheraton in Meriden CT" href="http://maps.google.com/maps/place?um=1&amp;ie=UTF-8&amp;q=four+points+sheraton&amp;fb=1&amp;gl=us&amp;hq=four+points+sheraton&amp;hnear=0x89e7ce9dad067a5d:0x7afcd15cf4aef2b0,Wallingford,+CT&amp;cid=10596741578415010648&amp;ei=4hq_Tv38MKfy0gGGy8zdBA&amp;sa=X&amp;oi=local_result&amp;ct=map-marker-link&amp;resnum=1&amp;ved=0CFgQrwswAA" target="_blank">The Meriden Four Points Sheraton Hotel</a>, promises to be even better as six fearless purveyors of burger ingenuity will face off in hopes of taking home the coveted title of Meriden&#8217;s Best Burger. The contestants consist of four who competed last year: K. LeMay&#8217;s, Grace&#8217;s Restaurant, The Original Lunch Box (winner of last year&#8217;s Most Creative Burger for their &#8220;Military Burger&#8221;), and Jake&#8217;s Wayback Burgers (last year&#8217;s Overall and People&#8217;s Choice winner for their &#8220;Thanksgiving Dinner Burger&#8221;), plus two newcomers to the war zone, Cassidy&#8217;s Diner and Silver City Sports Bar &amp; Grill.</p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/BellyBuster.jpg"><img
class="alignleft size-full wp-image-4756" style="margin-left: 20px; margin-right: 20px; margin-top: 10px; margin-bottom: 10px;" title="Belly Buster Burger Contest" src="http://wallingfordwired.com/wp-content/uploads/2011/11/BellyBuster.jpg" alt="Belly Buster Burger Contest" width="169" height="204" /></a>The judges for the event will be: Stephanie O&#8217;Connell, Record-Journal reporter; Chef Kevin Gravel; Chef Josh Wilcox; and Rick Tompkins, owner of Sans Souci in Meriden. The event begins at 5:30 PM and runs until 7:30 PM, and there is a <strong>$10.00 cash admission fee</strong> to get to sample the goods.</p><p>Be sure to ask at the door about the <span
style="color: #ff0000;">Belly Buster Burger Contest</span>! Four brave souls will be pitted against each other and the clock to see who can eat two &#8220;Skirted Egg Burgers&#8221; (don&#8217;t ask&#8230;) provided by the Silver City Sports Bar &amp; Grill. There will also be a DJ, a raffle and a cash bar. Oh, and plenty of seats!</p><p>So now you have NO excuse for having the munchies this Wednesday night&#8230;head down to the Four Points and chow down, and bring ALL your friends!</p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers"></g:plusone></div><p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers">Meriden Hosts 2nd Annual Battle of the Burgers</a></p> ]]></content:encoded> <wfw:commentRss>http://wallingfordwired.com/2011/meriden-hosts-2nd-annual-battle-of-the-burgers/feed</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>How&#8217;s the Market? Wallingford and Meriden CT September 2011</title><link>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-september-2011</link> <comments>http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-september-2011#comments</comments> <pubDate>Wed, 09 Nov 2011 00:35:34 +0000</pubDate> <dc:creator>Harriman Real Estate</dc:creator> <category><![CDATA[community information]]></category> <category><![CDATA[Harriman Real Estate]]></category> <category><![CDATA[Housing Trends]]></category> <category><![CDATA[market update]]></category> <category><![CDATA[Meriden]]></category> <category><![CDATA[real estate]]></category> <category><![CDATA[Wallingford]]></category> <category><![CDATA[06450]]></category> <category><![CDATA[06451]]></category> <category><![CDATA[06492]]></category> <category><![CDATA[Meriden  Connecticut]]></category><guid
isPermaLink="false">http://wallingfordwired.com/?p=4721</guid> <description><![CDATA[How&#8217;s the Market? Wallingford and Meriden CT Sepember 2011 The Wallingford and Meriden housing markets both came into the back-to-school market off strong summer stats, but heading into the Fall selling season things are taking a downward turn. Wallingford Wallingford&#8217;s sweet spot for sales is still in the $100K &#8211; $300K range, with 50% of [...]<p>Post from: <a
href="http://wallingfordwired.com">Wallingford Wired</a>©2009 by Pat & Wayne Harriman<br/><br/><a
href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-september-2011">How&#8217;s the Market? Wallingford and Meriden CT September 2011</a></p> ]]></description> <content:encoded><![CDATA[<p></p><div
name="googleone_share_1" style="position:relative;z-index:5;float: right; margin-left: 10px;"><g:plusone size="medium" count="1" href="http://wallingfordwired.com/2011/hows-the-market-wallingford-and-meriden-ct-september-2011"></g:plusone></div><p><span
style="text-decoration: underline;"><strong>How&#8217;s the Market? Wallingford and Meriden CT Sepember 2011</strong></span></p><p>The Wallingford and Meriden housing markets both came into the back-to-school market off strong summer stats, but heading into the Fall selling season things are taking a downward turn.</p><p><span
style="text-decoration: underline;"><strong>Wallingford</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/wallingfordtownhall.jpg"><img
class="size-medium wp-image-4724 alignleft" style="margin-top: 2px; margin-bottom: 2px; margin-left: 10px; margin-right: 10px; border-width: 2px; border-color: black; border-style: solid;" title="Wallingford Town Hall" src="http://wallingfordwired.com/wp-content/uploads/2011/11/wallingfordtownhall-300x202.jpg" alt="Wallingford Town Hall" width="250" height="175" /></a>Wallingford&#8217;s sweet spot for sales is still in the $100K &#8211; $300K range, with 50% of the sales in September happening there, down from 58% in August. The bulk of the inventory is also still found in that price range however, with 56% of available homes found there in both August and September. Sales of properties priced above $400,000 are beginning to taper off now, while inventory has increased by 11% in that sector. Sales of Wallingford <a
title="Houses For Sale in CT" href="http://www.housesforsalect.com" target="_blank">single family homes</a> slowed significantly in September, averaging 110 days to sell, and the <a
title="Condos For Sale in CT" href="http://www.condosforsalect.com" target="_blank">condo market</a> slowed to a crawl, taking over 8 months to sell a unit. The good news for buyers is that average selling prices are still at their lowest levels of the year in both categories. With low utility and tax rates, Wallingford remains a very popular destination for home buyers. Interest rates remain at amazingly low rates, at or below 4% for conventional loans and 3.5% for first time home buyers, and this will hopefully help spur sales in the last 3 months of 2011. September sales started slow, with only 9 properties closed in Wallingford through the first half of the month, but the second half saw 23 properties close. With a strong end of the month and signs of increased buyer activity at the start of October, we&#8217;re hopeful that Wallingford can close out the year in good shape.</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/WlfdPriceBandSep2011.png"><img
class="aligncenter size-full wp-image-4728" style="margin-top: 2px; margin-bottom: 2px; border-width: 2px; border-color: black; border-style: solid;" title="Wallingford Sales Price Band Sep 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/11/WlfdPriceBandSep2011.png" alt="Wallingford Sales Price Band Sep 2011" width="515" height="303" /></a></p><p><span
style="text-decoration: underline;"><strong>Meriden</strong></span></p><p><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/meriden12castle.jpg"><img
class="alignright size-medium wp-image-4735" style="margin-top: 2px; margin-bottom: 2px; margin-left: 10px; margin-right: 10px; border-width: 2px; border-color: black; border-style: solid;" title="Meriden's Castle Craig" src="http://wallingfordwired.com/wp-content/uploads/2011/11/meriden12castle-300x206.jpg" alt="Meriden's Castle Craig" width="250" height="175" /></a>The Meriden market has also shown some improvement since the first of the year, but unlike Wallingford, Meriden&#8217;s best selling properties are priced at $200,000 or less, and especially at or below $100,000. Fully 84% of all the sales in Meriden occurred in this price range in August, which puts in squarely in a balanced market. Homes above $200,000 only make up 28% of Meriden&#8217;s inventory, and only 16% of the sales, so a sale in this price range will still require some patience. Meriden&#8217;s condo market took a rather hard hit in September, with only 4 units sold, plus the average sales price is now at its lowest point of the year at just under $121,000. There are also quite a few condo complexes that have not yet renewed their FHA financing approval, and this is having a negative effect on the market as well. We projected 16 total sales for September in Meriden and we are happy to say we were off by a wide margin as 37 total sales occurred, but October&#8217;s numbers were not looking as good so we&#8217;re hoping there&#8217;s a swell of sales in the latter part of the month to provide some momentum going into the holidays.</p><p
style="text-align: center;"><a
href="http://wallingfordwired.com/wp-content/uploads/2011/11/MeridenPriceBandSep2011.png"><img
class="aligncenter size-full wp-image-4732" style="margin-top: 2px; margin-bottom: 2px; border-width: 2px; border-color: black; border-style: solid;" title="Meriden Price Band Sep 2011" src="http://wallingfordwired.com/wp-content/uploads/2011/11/MeridenPriceBandSep2011.png" alt="Meriden Price Band Sep 2011" width="515" height="303" /></a></p><p><span
style="text-decoration: underline;"><strong>Summary</strong></span></p><p>Wallingford and Meriden both ended September on a down note: Wallingford&#8217;s inventory swelled from August&#8217;s normal seller&#8217;s market of 5.79 months to 9.34 months worth which shoved it kicking and screaming into a normal seller&#8217;s market. Total inventory has remained stable over the past few months but prices, which had been falling since June, saw an increase in September which we hope can carry over into October. Meriden once again ended the month in a normal buyer&#8217;s market, showing 11.83 months of inventory, but that was a significant jump from August&#8217;s 9.81 and it&#8217;s not far from the 12 month inventory level that signifies an extreme buyer&#8217;s market. The lower price points in Meriden continue to dominate sales, and while inventory levels fell slightly in September, sale prices are at their lowest levels of the year and may continue to fall despite rock bottom interest rates.</p><p><em>For more information on the Wallingford and Meriden housing markets, call Harriman Real Estate today at (203) 672-4499, email us at <a
title="email us!" href="mailto: info@harrimanre.com" target="_blank">info@harrimanre.com</a>, or visit our web site at <a
title="Harriman Real Estate LLC" href="http://www.harrimanre.com" target="_blank">www.harrimanre.com</a>!</em></p><h6 class="zemanta-related-title" style="font-size: 1em;">Related articles</h6><ul
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