Happy Day in Farmington
I was driving through Farmington today and was inspired by these flowers on Route 4…Enjoy!
Category: The Valley
Farmington Valley Real Estate Report
Here are some real estate statistics for Single Family Homes for sale in the Farmington Valley, as of today… As a buyer or seller, this data should help you understand if you have a lot or a little competition in your price range. Average days on market for Avon, as of today, is 57 days. Average days on market for Canton, as of today, is 122 days. Average days on market for Farmington, as of
Will Farmington Buy Krell Farm?
This Thursday, the residents of Farmington have an important decision to make regarding the future of the Krell Farm. The town is holding a special referendum vote, allowing residents to decide if the town should buy 90 of the farm’s 98 acres for $6.75 million, which will preserve the land as open space. If Farmington’s residents decide against buying the acreage, a developer will most likely step in and buy the land, at a much
Farmington Valley Residential Year in Review
As a continuation from yesterday’s West Hartford 2007 residential real estate review, here is the data for the Farmington Valley. Again, all data is for single family homes only that were listed and transacted in the Multiple Listing Service. I’m also including the current inventory levels which indicate how the market is currently doing. Historically, 0-3 months of inventory is a seller’s market, 3-6 months of inventory is a neutral market, and 6+ months of
Local Real Estate Sales Slow, Prices Not Too Bad…
My favorite mantra in residential real estate is “the market is local.” You can read all of the national news reports you want about how foreclosures are overwhelming Ohio and Michigan and how housing prices are dropping faster than Britney’s fan base. But if you live in an economy like Connecticut with a stable job market and reasonably paced home construction, you shouldn’t expect the sky to fall on the housing market. And after doing