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Minna Reid's Blog

By Minna Reid | Broker in Southington, CT

Southington, CT 1st Quarter 2013 Real Estate Sales Report

Southington, CT is one of many CT towns that seems to be enjoying a long overdue upswing in sales activity on 2013. First quarter sales are up a whopping 45% over the same period in 2012:

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Unfortunately the same can't be said about sales prices which are down 6% from 1st quarter 2012:

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However a continued increase in demand will eventually pull up sales prices as supply dwindels. There is currently 10 months of inventory on market in Southington at the current rate of absorbtion. At that rate, it may take quite some time for inventory to be reduced to a point where values will start to increase.

CONSIDERING SELLING YOUR SOUTHINGTON CT HOME?

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Minna Reid, Realtor
CG Real Estate - Southington CT
Voice or Text: 860.416.1255
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Minna Reid  is a  CT Licensed Real Estate Broker Associate with CG Real Estate, specializing in short sales serving Central CT including, but not limited to; Avon, Berlin, Bristol, Cheshire, Cromwell, Farmington, Glastonbury, Hamden, Meriden, Middlefield, Middletown, Newington, New Britain, North Branford, North Haven, Plainville, Portland, Prospect, Rocky Hill, Southington, Wallingford, West Hartford, Wethersfield and Wolcott. 

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