Home Selling in East Windsor>Question Details

Beverly Smith, Real Estate Pro in 32086

Are East Windsor homes more difficult to sell than South Windsor homes?

Asked by Beverly Smith, 32086 Mon Sep 9, 2013

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What makes a home "difficult" to sell has a number of answers. Yes, certain towns have more demand than others, and the mantra in real estate is "location, location, location!" In this case, South Windsor in general does have a greater demand than East Windsor as measured by the number of homes that sell monthly. On the other hand, these two communities are not exactly "equal". East Windsor is more rural in character than South Windsor, smaller population, smaller schools, generally a bit less affluent overall. These things impact the desirability of one town over another, depending on your buyer preferences. Other things that make a house "difficult" to sell: is the property properly PRICED? Is it on a main road? Is it in a very densely populated area or sited extremely close to its neighbors? Is there a negative site influence, a steep hill, a brook, a commercial property, a negative view, for example?

Every community has its own "market" and buyer demand. There can even be large differences in different SEGMENTS of the market: condos vs. single families, starter homes, luxury homes, or even a specific price range that may sell very well, or very slowly. These are exactly the reasons you should hire a real estate agent who has strong market knowledge of YOUR market. As a real estate professional in the north central Connecticut area for over 30 years, I have plenty of experience in the East Windsor market and would be glad to consult with you personally. Feel free to give me a call at my office in Windsor at 860-688-1400... Good luck Beverly!
0 votes Thank Flag Link Mon Sep 9, 2013
The absorption rate of inventory in South Windsor is in fact much faster than that of East Windsor right now - however that doesn't necessarily make the house more "difficult" to sell. It just means that since you have a lot more competition for fewer buyers in East Windsor you will have to price aggressively have your home be one of those that sell, instead of sit. All towns have their own local markets. Whatever is happening in South Windsor is not relevant to your home sale in East Windsor. When pricing your home to sell, you will want to compare it with similar homes in your town...not the next town over.
Web Reference: http://www.homesbyminna.com
0 votes Thank Flag Link Mon Sep 9, 2013
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