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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 [...]

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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 [...]

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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 [...]

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Rustic Meriden Raised Ranch

October 18, 2008

This home has rustic appeal on the outside, and a contemporary feel inside. Large sunken living room with cathedral ceilings and skylights. Open floor plan. Atrium style four season porch plus a screened porch. Lower level family room with wood stove. Fenced yard with pool and tool shed. addthis_url = ‘http%3A%2F%2Fwallingfordwired.com%2F2008%2Frustic-meriden-raised-ranch’; addthis_title = ‘Rustic+Meriden+Raised+Ranch’; addthis_pub [...]

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