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

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

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

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

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

Lyon and Billard Home Show

Meriden CT Market Update for January 2012

Here’s the way the housing market is shaping up in Meriden as of January 31, 2012:

There are currently 228 single family homes for sale in Meriden:

• Low list price: $46,350
• High list price: $575,900
• Average list price: $189,623
• Median list price: $169,900
• Average Days on Market: 104
• Homes sold on average for 93.7% of list price

There are 66 homes currently under contract, priced between $15,000 and $329,000. Based on the number of homes sold in January (25), it would take approximately 9 months to sell the current inventory.

As for condominiums, there are currently 87 condos for sale:

• Low list price: $43,000
• High list price: $274,900
• Average list price: $123,980
• Median list price: $119,900
• Average Days on Market: 80
• Condos sold on average for 90.9% of list price

There are currently 17 condos under contract, priced between $30,000 and $266,900. Based on the number of condos sold in January (3), it would take approximately 29 months to sell the current inventory.

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

There was little change in the Meriden home inventory in January, as single family homes gained 2 units to 228 (compared to 238 in January of 2011), while condos fell 5 units to 87 available properties, just one off the 88 units available a year ago. The average sale price for both condos and single family homes fell to their lowest levels since last Fall, $177,639 for homes and $112,735 for condos. Interest rates for conventional loans remain below the 4% range and CHFA rates (for first time home buyers) are still at 3.250%.  Meriden single family home sales fell to 25 units from 31 in December, but was up 56% over January of 2011. Condo sales took a beating, however, falling to just 3 units sold from 8 the previous month but up from 4 in January of 2011. While there was minimal change in the inventory or in units sold,it was enough to push Meriden’s market into a normal buyer’s market, with about 10 months of home inventory. We had hoped for an increase in sales activity in January instead of a 30% drop from last month, but it is 25% better than last January so we’ll take that and be happy!  At this point, we’re not holding out for a good February since whatever closes this month will be what went under contract in December during the peak of the holiday season.

Meriden Properties For Sale

(zoom out to see more properties)

Related articles

• Meriden Market Update for December 2011 (wallingfordwired.com)
• Meriden Market Update for November 2011 (wallingfordwired.com)
• Meriden CT Market Update for October 2011 (wallingfordwired.com)

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

Meriden CT Market Update for January 2012

Great home! Four bedrooms, remodeled kitchen, formal dining room, spacious living room with fireplace & French doors. Two bedrooms and full bath on first and second floor, finished lower level, updated windows, roof and furnace, deck overlooking yard. Garage under. For more details or to schedule an appointment, please call listing agent Pat Harriman at (203) 605-3873 today!

Storybrook Brick Cape on corner lot.

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Courtesy:

Harriman Real Estate LLC

203-672-4499

pharriman@harrimanre.com

Licensed In:
CT

37 LAUREL HTS

Meriden, CT 06451

Bedrooms: 4

Bathrooms : 2 (2 full)

List Price: $164,900

Living Area Approx :
1565

This is a home where memories are made! Charming storybook brick Cape located on a corner lot. As you step inside, you are greeted by a foyer with French doors to the living room. The living room is spacious, with hardwood floors and a stone front fireplace. There is a formal dining room with hardwood floors and plenty of windows for natural lighting. The kitchen has been updated with an abundance of white cabinets, black appliances, breakfast bar and tile flooring. Down the hall are two bedrooms, one currently used as a den with a slider to the deck. There is also a full bath on this level. Upstairs you will find two additional bedrooms with hardwood flooring, plus a full bath. The basement is partially finished with a rec room and another room that could be and office or play room. The laundry room has a 1/2 bath. Entrance to the home from the garage is also on this level. Other updates include windows, roof and furnace. If you are looking for space and convenience, this is the home for you!

Feature List:

MLS#: N322739

PropertyType: Residential

PropertySubtype: Single Family Detached

Lot Size: 0.17

Appliances: Dishwasher, Oven, Refrigerator, Vent Hood

ArchitectureStyle: Cape Cod

HasBasement: Yes

CoolingSystems: None

HeatingSystems: Baseboard

IsNewConstruction: No

Schedule a Showing/Request Info

Meriden Homes For Sale

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Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

New Listing: 37 Laurel Heights, Meriden CT 06451

Well, the 2011 real estate market is in the books now, and what a ride it was! State-wide, there was a slight upward trend in monthly sales as evidenced by the trend line in the chart below:

Total sales of single family homes and condos for the year totaled 20,483 units, down 9.3%  from 22,573 in 2010. In addition, average days on market saw a distinct upward trend throughout the year, while selling prices continued a slow decline. Here are some other pertinent points of interest:

• The median price of existing single-family homes decreased to $198,500, down -5.4% vs November 2011.
• Existing single-family home sales increased 5.9% from November 2011 for a December 2011 total of 1,290 sold units.
• Condos decreased in price to $137,750 down -7.6% vs November 2011.
• Existing condo sales decreased -1.0% in December 2011 over November 2011 for a total of 286 sold units.

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

Wallingford and Meriden CT 2011 Market Report Wrap-up

For information on the condos at Spring Valley, please call listing agent Andrea Atkins at (203) 671-2223 today!

Unbelievable Value in Meriden CT!

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Courtesy:

Harriman Real Estate LLC

203-672-4499

pharriman@harrimanre.com

Licensed In:
CT

58 LEONARD STREET

Meriden, CT 06451

Bedrooms: 3

Bathrooms : 3 (2 full, 1 half)

List Price: $220,000

Living Area Approx :
1726

Unbelievable value! You can own this brand new 3 bedroom, 2.1 bath townhouse with garage for only $220,000. It has a spacious living room – if you want a warm and cozy feel, you can add a fireplace and surround as an upgrade. The living room and dining room offer great space for entertaining. You’ll love the kitchen with plenty of counter and cabinet space for the cook in the home. There is also a maintenance free, trex deck off of the dining room – a great place to kick back after a long day. Upstairs offers three bedrooms – the master bedroom has a full bath with double sinks, plus a walk in closet. To complete this townhome, there is a two car garage under with a laundry and mechanical room in the back.

Spring Village is a small community of 38 condos with extremely low condo fees. It is located approximately 1/10 mile from the Westfield Shopping Mall and Midstate Medical Center, 4/10 mile from 691, 1/2 mile from Target with full grocery store.

We have many upgrade options to choose from – contact us for more details!

Feature List:

MLS#: N322039

PropertyType: Residential

PropertySubtype: Townhouse

Lot Size: 0

Appliances: Dishwasher, Oven, Refrigerator, Vent Hood

ArchitectureStyle: Other

CoolingSystems: Central A/C

IsNewConstruction: true

Schedule a Showing/Request Info

Meriden Homes For Sale

Search All Homes For Sale

What is your home worth?

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Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

Just Listed: 58 Leonard St #101, Meriden CT 06450

Transform this beautiful lot by building your dream home. The property is located in a neighborhood setting, minutes from Hubbard Park, the mall and the highway. Other lots are available in this sought-after subdivision (see virtual tour below for locations of other lots):

178 Cynrose Place — .26 acres $125,000
189 Cynrose Place — .42 acres $125,000
193 Cynrose Place — .42 acres $125,000
164 Cynrose Place — .26 acres $125,000
205 Cynrose Place — .51 acres $125,000
216 Cynrose Place — .26 acres $125,000
186 Cynrose Place — .26 acres $125,000
201 Cynrose Place — .53 acres $125,000
172 Cynrose Place — .26 acres $125,000
192 Cynrose Place — .26 acres $125,000

For more details please call listing agent Andrea Atkins at (203) 671-2223 today!

Click here to see more pictures and detailed information. Schedule a Showing Meriden Homes For Sale Search All Homes For Sale Avoid Foreclosure What is your home worth? Harriman Real Estate LLC 203-672-4499 pharriman@harrimanre.com Licensed In: CT L2L Virtual Tours AR

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

Lot For Sale: 204 Cynrose Place, Meriden CT 06451

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

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Courtesy:

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Licensed In:
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380 Swain Ave

Meriden, CT 06450

Bedrooms: 3

Bathrooms : 1 (1 full)

List Price: $119,900

Living Area Approx :
1158

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.

Feature List:

MLS#: N322452

Lot Size: 0.68

LstArea: Meriden

LotSizeAcres: 0.68

BathsFull: 1

TotalRooms: 5

Stories: 2

KitchenPresent: Yes

BasementDescription: Partial Basement, Unfinished

FireplaceFeatures: In Living Room

Garage: 2

HeatingFeatures: Oil, Warm Air

CoolingFeatures: Individual Unit(S)

IntFeatures: 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

Inclusions: Dishwasher, Oven/Range, Refrigerator

ExtFeatures: Asphalt Driveway

Exterior: Wood

LSAcresRangeHalf: 0.68

Topography: Lightly Wooded, Sloping

UtilitiesPresent: Public Sewer Connected, Public Water Connected

ElementarySchool: Per BOE

HighSchool: Per BOE

BasementPresent: Yes

FireplacePresent: 1

LaundryRoomPresent: Yes

MasterBedroomPresent: Yes

ParkingFeatures: Detached

EnergyInformation: Partial Storm Windows

AdrDisplay: Address display

LivingRoomPresent: Yes

Schedule a Showing/Request Info

Meriden Homes For Sale

Search All Homes For Sale

What is your home worth?

Avoid Foreclosure

 

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Related articles

• New Listing: 84 Walt Drive, Meriden CT 06450 (wallingfordwired.com)

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

New Listing: 380 Swain Ave, Meriden CT 06450

How’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, the lowest number since last February. Wallingford single family homes sold faster in November than at any time during the year, averaging just 67 days to sell, but the condo market 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’ve noticed is that rental properties are becoming much more in demand, and we’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.

Meriden

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’s market. Sales were down only slightly, which is encouraging in a winter market, and we are confident that these numbers won’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.

 Summary

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’s market improved to a balanced one, with just over 8 months of available inventory, while Meriden’s market declined ever so slightly but stayed firmly in a normal buyer’s market with about 9.5 months of inventory. If you’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’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’re hoping December ends on a high note for sales and that that momentum can carry over into January and beyond.

For more information on the Wallingford and Meriden housing markets, call Harriman Real Estate today at (203) 672-4499, email us at info@harrimanre.com, or visit our web site at www.harrimanre.com!

Related articles

• How’s the Market? Wallingford and Meriden CT October 2011 (wallingfordwired.com)
• How’s the Market? Wallingford and Meriden CT September 2011 (wallingfordwired.com)

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

How’s the Market? Wallingford and Meriden CT November 2011

Meriden Market Update for May 2011

Here’s the way the housing market is shaping up in Meriden as of May 31, 2011:

There are currently 261 single family homes for sale in Meriden:

• Low list price: $29,900
• High list price: $575,900
• Average list price: $198,092
• Median list price: $189,900
• Average Days on Market: 90
• Homes sold on average for 93.8% of list price

There are 76 homes currently under contract, priced between $35,000 and $449,900. Based on the number of homes sold in May (38), it would take approximately 7 months to sell the current inventory.

As for condominiums, there are currently 101 condos for sale:

• Low list price: $37,000
• High list price: $399,900
• Average list price: $132,972
• Median list price: $137,900
• Average Days on Market: 128
• Condos sold on average for 98.2% of list price

There are currently 25 condos under contract, priced between $42,900 and $220,000. Based on the number of condos sold in May (6), it would take approximately 17 months to sell the current inventory.

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

The number of Meriden homes for sale rose in May, but sales posted nice gains, with single family homes increasing by 41% and condos by 50%. Interest rates saw a slight increase as well, except for CHFA rates for first time home buyers, which remained unchanged. In addition, the state raised the real estate conveyance tax that sellers pay on the sale of their home to .75% of the first $800,000 and 1.25% of anything over $800,000. It will be interesting to see if June closings see a major rise in an attempt to avoid sellers paying the additional tax, which goes into effect July 1st. The other major bill under consideration, QRM or Qualified Residential Mortgages, which would raise the required down payment to 20% on the purchase of a home, is still being debated.

The following chart compares average days on market, or how many days it took to sell a home or condo year-to-date:

Average days on market fell for single family homes in may, but rose sharply for condos due to two units that sold that had been on the market for almost a year each, which artificially affected the entire category due to the low number of sales. Inventory rose across the board in May, and this might cause days on market to remain high, especially once the increased conveyance tax law kicks in.

Meriden Properties For Sale

(zoom out to see more properties)

Data used was provided by the CTMLS (Connecticut Multiple Listing Service), and is considered reliable but not guaranteed.

Related articles

• Meriden Market Update for April 2011 (wallingfordwired.com)
• Meriden Market Update for March 2011 (wallingfordwired.com)

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

Meriden Market Update for May 2011

UPDATE: This home is SOLD! (6/30/10)

Charming and tastefully decorated Colonial on Meriden’s East Side. Large living room with bay window, updated kitchen and dining area, open staircase and remodeled baths. Hardwood and tile floors. There is a patio overlooking the lovely, fenced yard. Agent related to owner.

For more information or to schedule an appointment, please call Sue Farone at (203) 214-0507, or email her at sfarone@harrimanre.com!

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• Harriman Real Estate, LLC Welcomes Sue Farone! (wallingfordwired.com)
• New Listing: 463 Swain Ave., Meriden CT $239,900 (wallingfordwired.com)

Post from: Wallingford Wired©2009 by Pat & Wayne Harriman

New Listing: 167 Sunset Ave., Meriden CT $171,900 – SOLD!