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:

Harriman Real Estate LLC

203-672-4499

pharriman@harrimanre.com

Licensed In:
CT

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

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New Listing: 380 Swain Ave, Meriden CT 06450

This home is a pleasure to show! Fabulous home with updated kitchen, spacious dining room, master bedroom with half bath, lower level family room and office area, new central air and furnace, new patio, over-sized 2 car garage, above ground pool with deck, storage shed and a nice .73 acre fenced lot. For more information or to schedule an appointment, please call listing agent Pat Harriman at (203) 605-3873 today!

Great Value in Wallingford

Overview Maps Photos Features Description

$279,900 Single Family Home Main Features 3 Bedrooms 1 Bathroom 1 Partial Bathroom Interior: 1,483 sqft Lot: 0.73 acre(s) Location 9 Jones Rd. Wallingford, CT 06492 USA To get updates on open home dates and other property events, please click the “Like” button below:

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Pat & Wayne Harriman Harriman Real Estate (203) 672-4499 wharriman@harrimanre.com http://www.harrimanre.com   Listed by: Harriman Real Estate, LLC

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New Listing: 9 Jones Rd, Wallingford CT 06492

This near new condo feels like a home! Unique duplex with beautiful hardwood flooring throughout the first floor, spacious rooms, first floor laundry room, deck off of living room offers plenty of privacy, second floor loft, walk-in closets in both bedrooms and more! For more information or to schedule an appointment, please call listing agent Pat Harriman at (203) 605-3873 today!

Pretty in Portland CT

OverviewMaps Photos Features Description

$234,900 Single Family Home Main Features 2 Bedrooms 2 Bathrooms 1 Partial Bathroom Interior: 1,800 sqft Location 54 Copper Beech Lane Portland, CT 06480 USA To get updates on open home dates and other property events, please click the “Like” button below:

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Pat & Wayne Harriman Harriman Real Estate (203) 672-4499 wharriman@harrimanre.com http://www.harrimanre.com  Listed by: Harriman Real Estate, LLC

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New Listing: 54 Copper Beech Lane, Portland CT 06480

Wallingford CT Market Update for December 2011

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

There are currently 186 single family homes for sale in Wallingford:

• Low list price: $29,900
• High list price: $850,000
• Average list price: $298,800
• Median list price: $269,450
• Average Days on Market: 106
• Homes sold on average for 92.9% of list price

There are 40 homes currently under contract, priced between $109,900 and $599,900. Based on the number of homes sold in December (27), it would take approximately 7 months to sell the current inventory.

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

• Low list price: $46,900
• High list price: $559,900
• Average list price: $219,761
• Median list price: $192,000
• Average Days on Market: 165
• Condos sold on average for 90.2% of list price

There are currently 11 condos under contract, priced between $49,900 and $495,000. Based on the number of condos sold in December (8), it would take 8 months to sell the current inventory.

Here is a chart showing annual home and condo sales in Wallingford so far in 2011: 

Wallingford home and condo inventories went in opposite directions in December, as single family homes fell by 5% to 186 units (down a third consecutive month) and condos rose by 12% to 67 units, roughly were it was in October. The average selling price in both categories plummeted, as condos dropped 7% to their lowest level of the year at $198,115, while single family homes fell 8% to $277,585. Total sales increased by 13% over November, and by 46% over October, a nice gain during what is usually a slow time of the year. This increase in sales, coupled with decreased inventory and faster selling times resulted in the Wallingford housing market staying firmly in a balanced market. Conventional mortgage rates were still hovering at or below 4% and CHFA rates for first time home buyers fell to another yearly low of 3.250 percent. At the end of November we projected December sales to be in the 30-35 unit range, and we were right on at 35 units sold. The Wallingford market remains very active in January, but we’re skeptical that the market will maintain the current rate of sales, so we think there will be a fallback to between 25-30 sales for the month.

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Wallingford CT Market Update for December 2011

Meriden CT Market Update for December 2011

Here’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
• Homes sold on average for 95.1% of list price

There are 71 homes currently under contract, priced between $20,000 and $349,900. Based on the number of homes sold in December (31), it would take approximately 7 months to sell the current inventory.

As for condominiums, there are currently 92 condos for sale:

• Low list price: $38,000
• High list price: $289,900
• Average list price: $125,610
• Median list price: $124,950
• Average Days on Market: 84
• Condos sold on average for 96.4% of list price

There are currently 18 condos under contract, priced between $30,000 and $269,900. Based on the number of condos sold in December (8), it would take approximately 12 months to sell the current inventory.

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

Meriden home inventory were mixed again in December, with single family homes falling more than 5% to 226, while condos remained exactly at November’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’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’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.

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Meriden Market Update for December 2011

Precious Memories Begin Here…

OverviewMaps Photos Description

$204,900 Single Family Home Main Features 3 Bedrooms 1 Bathroom Interior: 1,008 sqft Lot: 0.23 acre(s) Location 4 Swan Ave. Wallingford, CT 06492 USA To get updates on open home dates and other property events, please click the “Like” button below:

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Why rent when you can buy? Well maintained first floor, one bedroom condo in a quiet complex, convenient to highway and shopping. Heat and hot water included. Great for investors also. New windows and extra storage space in the basement, as well as a washer and dryer. For more information or to schedule an appointment, call listing agent Heather Salafia at (860) 301-2438 today!

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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!

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

Wallingford CT Market Update for November 2011

Here’s the way the housing market is shaping up in Wallingford as of November 30, 2011:

There are currently 196 single family homes for sale in Wallingford:

• Low list price: $29,900
• High list price: $1,300,000
• Average list price: $317,135
• Median list price: $279,900
• Average Days on Market: 67
• Homes sold on average for 95.2% of list price

There are 51 homes currently under contract, priced between $64,900 and $599,900. Based on the number of homes sold in November (23), it would take approximately 9 months to sell the current inventory.

As for condominiums, there are currently 60 condos for sale:

• Low list price: $64,900
• High list price: $599,900
• Average list price: $217,151
• Median list price: $192,950
• Average Days on Market: 179
• Condos sold on average for 98.1% of list price

There are currently 10 condos under contract, priced between $49,900 and $495,000. Based on the number of condos sold in November (8), it would take 8 months to sell the current inventory.

Here is a chart showing annual home and condo sales in Wallingford so far in 2011:

Wallingford home and condo inventories both fell in October; single family homes decreased by 8% to 196 units, and condos fell by 12% to 60 units. The average selling price in both categories remained mixed as condos dropped to their lowest level of the year at $217,151, while single family homes saw a modest increase to $3167,135. Days on market continued to improve as houses took 67 days to sell while condos fell to 179 days on market. Single family home sales rose 15% to 23 units sold, while condo sales doubled to 8 units. Total sales increased by 29% over October, and by 7% over November 2010. This increase in sales, coupled with decreased inventory and faster selling times resulted in the Wallingford housing market going to a balanced market for the first time since July. Conventional mortgage rates were still hovering at or below 4% and CHFA rates for first time home buyers fell to a yearly low of 3.375 percent. Projected sales for December are in the 30-35 unit range, which will be slightly lower than December 2010, but still at a good level heading into 2012.

~Wallingford Properties For Sale~

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Wallingford CT Market Update for November 2011