Meriden Market Update for October 2010
By Pat & Wayne Harriman, Broker/Owners, Wallingford CT Real Estate
(Harriman Real Estate, LLC (203) 672-4499)
Meriden Market Update for October 2010 Here's the way the housing market is shaping up in Meriden as of October 31, 2010: There are currently 238 single family homes for sale in Meriden (down 8% from last month): Low list price: $35,000 High list price: $699,000 Average list price: $198,976 Median list price: $184,900 Average Days on Market: 75 (down slightly from last month) Homes sold on average for 90.9% of list price (down 5% from last month) There are 52 homes currently under contract, priced between $24,900 and $399,000. Based on the number of homes sold in October (20), it would take approximately 12 months to sell the current inventory. As for condominiums, there are currently 86 condos for sale (down slightly from last month): Low list price: $42,000 High list price: $399,900 A...