Perfect for First-Time Home Buyer: 21 Conway Manchester Connecticut

Perfect Home for the First-Time Buyers in Manchester Connecticut

Charming and Spacious Home. Established Neighborhood. Features Streaming Natural Light; Functional Layout; Modern Galley Bathroom with high-end fixtures, glass subway tiles and deep soaker tub; 3-Season Porch; Outdoor Patio; Newer Boiler; Large Level Fenced Lot, Brick Fireplace. A Pleasure to Show


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Manchester Connecticut

Manchester CT provides convenient access to all the interstate highways.

It is the city wherein you can find one of the biggest malls in the state, The Buckland Malls.

manchester connecticut

It also boasts of diverse restaurants, a great array of retail stores, 23 Town Trails, 15 Parks and Fields, and Showcase Cinemas.  You can find almost all the basics of convenient living here in Manchester Connecticut.

Manchester Connecticut July 2014 Real Estate Market Report:

Compared to June, July’s home inventory is up by 12 units. Currently, the City of Manchester CT has 267 properties available for sale.

The average listing price is $227,546 with consisting of average size of 1,873 square feet with 3 bedrooms and 2 full bathrooms.

Manchester Active july 014

Manchester CT Homes For Sale

 117 properties are under contract as of this writing. The average listing price for the properties with pending sale is $174,884 with average square feet of 1,589 with 3 bedrooms and 1 1/2 bathrooms. Homes with Pending Sale

Pending Home Sales Manchester CT

Manchester Home with Pending Sale

32 and 51 homes closed in May and June, respectively. Hence, the month of June performed better as the units sold is 19 more compared to the month of May.

 The average listing price in June is $189,324 with average squared feet of 1,626 while in May, it is $190,169 with average square feet of 1,686.

The only noticeable significant change between the month of June and July is the increase in sales by 19 units.

Manchester CT Sold Homes in May 2014

Manchester CT Sold Homes in May 2014

Manchester CT Sold Homes in June 014

Manchester CT Sold Homes in June 014

A six-month sales history in Manchester CT shows that 33 properties are sold each month. Using this absorption rate, the current inventory of 267 homes is expected to be sold within 8 months.

Manchester Connecticut Real Estate Market is still considered a buyer’s market based on the data and statistics gathered as of this published date.

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Check out June 2014 Manchester CT Real Estate Market Report

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Pride in Manchester CT Week-June7-14, 2014

This week, it is the 100th anniversary of Homeland Day, along with the 23rd anniversary of Pride in Manchester week and Heritage Day. Pride in Manchester

 

ORIGIN OF  HOMELAND DAY:  Ruth Sears Cheney (1884-1987) initiated the June 1914 Homeland Day, celebrating the heritage of Manchester’s ethnic groups. With a group of town residents, she organized a full day of festivities including a parade with floats representing the culture of the various nations represented in the town’s population.”

 

 

Pride in Manchester Week List of Activities and Events:

 

Saturday June 7

  •  Live music in Center Memorial Park.

-Opening Act – Hot Cat Jazz Band – 5:30 p.m. to 7 p.m.

-Headliner– Mass-Conn-Fusion – 7:30 p.m. to 9:30 p.m.

 

Sunday June 8

  •  SHOW IN THE PARK: Manchester Art Association’s 41st annual art fair -10:00

a.m. to 3:00 p.m. in Center Memorial Park, Downtown Main Street, rain or shine. Original

art, crafts, antiques, music and food. Something for everyone! Free admission. Info www.ManchesterArt.org.

  • Connecticut Trails Day free family history hike 1:00 p.m. at Center Springs Park
  • Pop-Up Art Exhibit and Café – Surreal and Culture Exhibit. East Side Neighborhood Resource Center, 153 Spruce Street, 4:00 to 6:00 p.m. Live music provided by Summit Studios

 

MONDAY June 9

  •  History walk at the East Cemetery on East Center Street at 5:30 p.m. Ruth

Shapleigh-Brown, Executive Director of the Connecticut Gravestone Network, and Susan

Barlow of the Manchester Historical Society will lead this free one-hour walk with

commentary about the gravestones and cemetery.

 

TUESDAY June 10

  • “Young at Fifty” Dance, 6:00 to 9:00 p.m. at the Senior Center, 549 East Middle Turnpike.

 

THURSDAY June 12

Imagine Main St./Strollin’ on Main. Consists of:

  • Unveiling of the Runner’s Art Parade – a series of sculptures along Main Street created by area artists.
  • Paint Party on Main with Art Lab, Live Mannequin Display
  • Music & Food at MCC on Main, 903 Main St.
  • Garden Displays by the Manchester Garden Club and the Perennial Planters at the Courtyard, 1007 Main St.
  • Imagine Evening Market–artisan crafters, farmers, food, kettle corn, music & NoRa Cupcakes at the Forest St. Parking Lot
  • Art Opening at E.M. Dougan Art & Framing, 1071 Main St.
  • Art Show & Food at J.A.White Glass Co., 31 Bissell St.
  • Oak St. Block Party- music, food, dance, marshall arts demos.
  • Piazza at Purnell” “pop-up” piazza with music, art, and food.
  • Horsedrawn Wagonette Rides along Main St. *
  • Plein Air Art and Craft Market by Katherine’s Hair Design, 695-723 Main St.
  • Sandbox Arts Mural Party along Main St. by 809 Main St.
  • Benefit Basket Sale, wine tasting, dessert, table, music & massage at Anne Miller Real Estate, 975 Main St.
  • Plus enjoy special tastings, restaurant specials, music and fun all along Main St. Info at www.Imaginemainstreet.com
  • Veterans Lunch at Manchester Elks Lodge, 30 Bissell Street, 11:30 a.m. All veterans welcome for lunch and camaraderie. Free. Gift bag for all veterans. Special WWII veterans’ table. Questions to Gerry Gallo 860-836-8396.

 

FRIDAY June 13

  • Flag Day Ceremony Manchester Elks Lodge, 30 Bissell Street, 7:00 p.m. Public

welcome for this free event to honor our flag – Boy Scouts will present the colors, and

a speaker will talk on a patriotic subject. Refreshments. Questions to Gerry Gallo

860-836-8396

Manchester Connecticut is the place to be.

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Manchester CT Real Estate Market

Manchester CT Real Estate Market Report

Town of Manchester: The Silk City. Why Silk City? Manchester has acquired the name Silk City because in this town, the Cheney family started what became the world’s largest silk mill in 1838. As the town’s tribute to the Cheney family, the mills, houses of the owners, and homes of the workers are now part of the Cheney Brothers Historic District, a National Historic Landmark.

manchester ct real estate market report

Manchester–A City of Village Charm. In 1935, a man named Malcolm Mollan won $25 for his entry to the slogan contest sponsored by the Chambers of Commerce that best suited the Town of Manchester to boost tourism. The town has a total area of 27.7 square miles (71.7 km²), of which, 27.3 square miles (70.6 km²) of it is land  and 0.4 square miles (1.1 km²) of it (1.52%) is water, according to the United States Census Bureau.

Currently, there are 241 single family homes for sale in Manchester Connecticut. Out of these 241 units, the average size of the homes is 1,820 square feet comprising of 3 bedrooms and 1 1/2 bathrooms.

Manchester CT Homes for Sale

The month of May has shown more robust activity as pending sales are up by 19 units compared to the month of April. There are 114 single family which went under contract as of this writing. The average square footage is 1,659 with 3 bedrooms and 1 1/2 bathrooms.

Manchester CT Homes Under Contract

The sold homes in April is down by 9 units. Sold homes is 41 and 32 for March and April, respectively. However, the price per square foot is higher in April than in March. In March, the sold homes ratio per square foot is $106.03/sq.ft. and $113.57/sq.ft. in April.

Manchester CT Sold Homes-March 2014

Manchester CT Sold Homes-April 2014

Using a five-month sales history for single family homes in Manchester Connecticut, it is estimated that the current inventory of 241 homes given the current absorption rate of 31.6 per month will be depleted within eight months. Manchester Connecticut is still favoring the buyers in this current real estate landscape.

View the Manchester CT Real Estate Market Report in April 2014.

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Manchester Connecticut Real Estate Market Report-April 2014

The Town of Manchester Connecticut Real Estate Market Report – April 2014

I love living in Manchester Connecticut. Aside from being the  town where I bought my first home in the United States, this city has more than 1,000 acres of park land, a range of housing styles and prices in attractive neighborhoods, Manchester Memorial Hospital, Manchester Community College – an award-winning school system, performing arts organizations, libraries and friendly, community-spirited residents.(Source: http://www.townofmanchester.org/).

Manchester CT Sold Home

Sold Ranch in a 55+Community – $265,000

 

Manchester CT Sold Home

Sold Split-Level Home – $200,000

 

 

 

Currently, there are 196 Single Family Homes available for sale in Manchester Connecticut. The most expensive home is listed at $649,900 with 6,952 square feet, 7 bedrooms and 7 1/2 bathrooms.

The average listing price is $223,264 with 1,822 square feet, 3 bedrooms and 1 1/2 bathrooms. There is no significant change in the average listing price from the last month’s report.

(Click the image to enlarge view)

Active 4-2014

 

There are 95 properties currently under contract as of this writing. Last month, there were 98 properties. This month’s average listing price for properties with pending sale is $167.503 with 1,589 square feet, 3 bedrooms and 1 1 1/2 bathrooms. The average listing price for properties with pending sale last month is $169,621 with 1,604 square feet, 3 bedrooms and 1 1/2 bathrooms.

Based on this data, the average listing price per square foot for this month is $105.41 compared to $105.75. This means there has been no substantial drop or increase in the Manchester CT’s home values.

Under Contract-Manchester -4-14

 

In February, 19 homes were sold at the average price of $172,868 with average square feet of 1,716, 3 bedrooms and 1 1/2 bathrooms. March performed better with 41 properties to boast with average price of $186,568, average square feet of 1,744, 3 bedrooms and 1 1/2 bathrooms. The average days on the market for February and March are 70 and 82 days, respectively.  The ratio of List Price to Sale is $99.51 and $95.24 in February and March, respectively.

This means that although the number of units sold in March is higher by 22, the sold price in February is much closer to the listing price.

Manchester Sold 2-2014

Manchester Sold 3-2014

 

 

Using a 3-month sales history, the current absorption rate is 27.66. At this rate, the current inventory of 196 units is expected to be depleted within 7 months.

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Manchester Connecticut Real Estate Market Report-March 2014

Manchester Connecticut Real Estate Market Report

In Manchester Connecticut, the signs of Spring are unfolding. We had the first taste of a nice weather in March 11. My son and I took the dogs for a stroll at Center Spring Park Trails.

Manchester CT Center Spring Park Trail

Center Spring Park Trail

This is just one of the perks in the town of Manchester.

Here is the latest in Manchester Connecticut Real Estate Market. Currently there are 179 single family homes  for sale. Out of this 179, the most expensive home is listed for $649,900 with 6,952 square feet, 7 bedrooms and 7 1/2 bathrooms. This has been on the market for 884 days.  It is time for price reduction, don’t you think. The average listing price is $223,256 comprising of 1,825 square feet 3 bedrooms and 1 1/2 bathrooms.

Manchester CT Real Estate

Homes for Sale Manchester CT

Ninety-Eight Homes are currently under contract. Out of this number, the average listing price is$169,621 with 1,604 average square feet,  3 bedrooms and 1 1/2 bathrooms.

The most expensive home is $449,900 with 4,101 square feet, 5 bedrooms and 5 bathrooms. This property has been on the market for 678 days before it went under contract.

Manchester CT Homes

Under Contract Manchester CT Homes

Based on the report below, January performed better compared to February in sales volume and amount.23 units were sold in January and 19 in February. The average listing price and square feet is$188,512 and 1,661 and $176,103 and 1,716, respectively.

This means that the homes were sold for a higher amount relative to the size of the house.

Manchester CT Sold Homes

Sold Homes in January

Manchester CT Sold Homes

Sold Homes in February

The absorption rate based on the two-months’ sales is 21. The current inventory of 179 single family homes is expected to be depleted within 8 months.

Hopefully, there will be more demand than supply for single family homes in the spring and summer so that the 8 months worth of supply will have a quicker turnover.

Hopefully, there will be more demand than supply for single family homes in the spring and summer so that the 8 months worth of supply will have a quicker turnover.

 Search for Homes in Manchester Connecticut.

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Manchester Connecticut Real Estate Market Report-February 2014

Manchester Connecticut Real Estate Market Report

Town of Manchester: The Silk City. Why Silk City? Manchester has acquired the name Silk City because in this town, the Cheney family started what became the world’s largest silk mill in 1838. As the town’s tribute to the Cheney family, the mills, houses of the owners, and homes of the workers are now part of the Cheney Brothers Historic District, a National Historic Landmark.

Manchester–A City of Village Charm. In 1935, a man named Malcolm Mollan won $25 for his entry to the slogan contest manchester ct real estate market reportsponsored by the Chambers of Commerce that best suited the Town of Manchester to boost tourism. The town has a total area of 27.7 square miles (71.7 km²), of which, 27.3 square miles (70.6 km²) of it is land  and 0.4 square miles (1.1 km²) of it (1.52%) is water, according to the United States Census Bureau.

(Click on the image to enlarge)

Manchester CT Homes for Sale

Manchester CT Homes for Sale

 

Manchester Connecticut has 188 active listings as of this writing. The most expensive property is listed at $649,900 with 6952 square footage, 4.5 bathrooms and 7 bedrooms. It has been on the market for 849 days now. The average listing price is $215,774. The average size is 1780 sq.ft. with 1.5 bathrooms and 3 bedrooms. The Average Days on Market is 106 days.

Properties Under Contract (Click on the image to enlarge)

Manchester CT Homes Under Contract

Homes in Manchester CT with Pending Sales

 

 There are 68 properties under contract to this date. The most expensive home under contract is listed at $395,900 with 3,596 sq.ft., 5 bathrooms and 5 bedrooms. It has been on the market for 678 days before it went under deposit.

The average listing price is $159, 168 with 1,615 sq.ft., 1.5 bathrooms and 3 bedrooms.

Sold Units-December 2013 (Click on the image to enlarge)

Sold Homes in Manchester CT

Manchester CT Sold Homes in December

 

Sold Units-January 2014 (Click on the image to enlarge)

Manchester CT Sold Homes

Sold Homes in January

 

December 2013 performed better than in January 2014. Sales in January is down by 20 units. The difference in the average listing price is not significant.

Using 23 and 43 units sold as basis for the absorption rate, the current inventory of 188 properties would be depleted in 5.69 months.

Homes for Sale in Manchester Connecticut

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