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Canton Real Estate Notes: January, 2017

January 4, 2017 Real Estate No Comments

David Sinish

By David Sinish 

 New year greetings.  I hope that your holidays were pleasant. 

Fully recovered from the real estate bust of the late 1980s, the most recent national and local sales figures are setting records.  The drawback to more sales is the diminishing supply of homes for sale.  This trend has been with us for the past six months, and locally is driven by the winter season.  It is important to remember that people looking for new homes are serious, and sales continue.   If we were selling our home I would want to be in a small group of homes for sale, rather than joining the large group that becomes listed in the Spring.    

In Canton there were 36 single family homes listed, 12 lots or houses being built, for a total of 48 properties.    As of December 1, 2016 there were 57 total listings (44 and 13).   A year ago there were 63 (53 homes and 10 lots and under construction). 

Price range                             Number

<2 K                                             1

2-3K                                            12

3-4K                                            6

4-5K                                            2

5-6K                                            5

6-7K                                            7              

7-8K                                            1

<8K                                              2

 

The group made up of Canton and our seven neighboring towns has a total of 453 properties for sale.  As of 1/1/2016 there were 687 properties for sale. 

 These statistics are based on information provided to and compiled by the Connecticut Multiple Listings Service, Inc. as of Jan. 1, 2017.   

On January 10, 2017 the statistics for the 2016 year will be finalized, and published here.   

David Sinish is a RealtorĀ® with the Realty Works Group of William Raveis Real Estate located at 200 West Main Street in Avon.  He is very willing to provide assistance with your general real estate questions, or with buying or selling your home.       

Please email david.sinish@raveis.com, call 860-922-6170 or go to   David.Sinish@Raveis.com

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