The Warren CT real estate market report for February 2012. Is anything selling in Warren, CT? Warren is a small, rural town in Litchfield County. The population as of the 2010 census is 1,461 and the town is 27.6 square miles. Lot’s of room and not so many people. But those who live there love it, Warren has a deep sense of community. Just ask anyone who lives there! And Warren is beautiful, peaceful, a fantastic place to live!
As of today there are 28 single family homes for sale in Warren, CT.
- average list price: $722,529
- median list price: $459,500
- average days on market: 231
- one foreclosure listed
- one short sale listed
Of the 28 single family homes on the market, 2 are under deposit.
- average list price: $670,750
- average days on market: 233
One home in Warren, CT is in the “pending sale” status.
- listed at $249,000
- 117 days on the market
The highest priced home for sale in Warren, CT is listed at $2,200,000. An 85 acre parcel with a small home on it. At this price point you will be looking for someone to come in and do a “tear down”, putting a substantial home, one that would support a large price tag. It is noted that more land is available. This home has been on the market for 424 days.
The lowest priced home for sale in Warren, CT is a foreclosure listed at $115,000. This is a cape on 4 acres, it has a failed septic system and will require a new heating system to be installed.
No homes sold in Warren, CT in February of 2012.
In January of 2012, one home sold. The original list price was $749,000, it had been reduced to $649,000, and sold at $567,000. this home was on the market for 406 days.
The market is slow in Warren, CT. Homes are just slow to sell. If you want to sell your home in Warren, CT you must price it ahead of the market, you must attract buyers to not only your house, but to Warren. You should look at homes in the surrounding towns as well as what is on the market in Warren. Then you must adjust the price according to what is going on around you. Your Realtor® needs to use all the best marketing techniques available to push your home ahead of the competition in Warren, CT. We have developed a fantastic real estate marketing system called 24-7 to push your house ahead of the competition in Warren, CT.
Buyers, it is clearly your time to buy a home in Warren, CT. Homes are selling for less than the listed price, sellersl are inclined to negotiate far better prices, according to the statistics. Take the time to explore Warren and all living in Warren has to offer. Lake Waramaug is a great attraction, as well as the rural lifestyle that those in Warren love so dearly.
Originally posted at Warren CT Real Estate Market Report
The above data is taken from the Statewide Multiple Listing Service of Connecticut. Information deemed reliable, but not necessarily accurate.