Bain Real Estate East Warren 2019 August Market Report.
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Dear Neighbor,
While the weather continues warmer, the sales pace in Warren has slowed. This year saw 17 residential sales while the previous year had 19 and the year before that had 27! With land sales, the story is similar. There are 15 current offerings and the last year saw only one land sale! The previous year had 3 land sales.
In your neighborhood, there were 8 residential sales last year, down from 14 the year before.
Starting at 15 Melius Road, a beautiful 3005 sq. ft. 4 bedroom 3 bath colonial originally built in 1759 s...
Bain Real Estate East Warren 2018 July Market Report.
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Dear Neighbor
The Warren market continues strong. Last year we reported 27 residential sales while this past year had 26 (of them were over $1M and 10 were below $500,000, a nice balance). The economy has reacted well to the tax cuts and we hope that will bring continued growth to our market. It is an election year so we will have to wait to see how things settle out.
In your neighborhood there were 14 residential sales last year!
Let's start up north on the east side or Route 45 where #245 sold last August for $555,000, just under its list of $599,000. It was a 3544 square foot Cape with 4 bedrooms...
Bain Real Estate East Warren 2017 June Market Report.
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What a beautiful month! I thought it would never get here. The trees are full in leaf and blossoms del
ight everywhere. And our market is also looking good!
2016 was clearly a pivotal year in real estate. Nationally real estate sales transactions were up 12% over 2015 figures. Litchfield County overall saw just over 8% increase. Locally we have seen a similar bump resulting in a sale increase around 14%! In summation, real estate in Warren is on a steady upswing as the market recognizes good values.
The positive economic confluence of lower unemployment, strong trends in the financial markets and tightening interest rate...
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Dear Neighbor,
Well, it's February again even thought the weather feels like April, and it's time for our annual update on what's happening in Warren and in your neighborhood. The economy in the country is improving and the real estate market in the Northwest Corner is slowly gaining strength.
Here's a little Warren history (our reporting year actually runs from February to February):
In 2007 there were 38 homes on the market and 15 sold.
In 2008 there were
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Dear Neighbor,
Well, it's February and time for our annual update on what's happening in Warren and in your neighborhood. The news is good! The economy in the country is improving and the real estate market in the Northwest Corner is gaining strength. There are fewer foreclosures that were dragging us down and there are more buyers searching for homes (see the Warren sales stats for the last year below) and happily land parcels are seeing increasing interest even in this snow!
Here's a little Warren history (our reporting year actually runs from February to February):
In 2007 there were...