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Posts in category 'Merryall'

Bain Real Estate - Market Update

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May
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

Well, it's time for the annual check up on what's going on in the neighborhood and beyond. It's was a brutal winter, and not much happened in real estate during the snow and cold, but I am happy to tell you as the weather warmed in April and May the buyers have come back and a number of properties throughout Litchfield County have found their buyers and gone into contract, some with multiple bids. Most of these haven't yet closed, so you will have to wait until next year to read the results. But I think it will be a busy spring and early summer.

While on the national scene real estate i...

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May
1

PLEASE CLICK HERE TO SEE THE MAP.

Dear Neighbor,

Well, Memorial Day is upon us again and I hope your summer plans are in place. It's been a long hard winter and we deserve these spring luscious days! The market is improving as well with prices firming up and more traffic coming in through our doors!

The activity in your neighborhood this past year (May to May) has been slower than last year (4 sales as opposed to 10), but I think this maybe the calm before the storm and predict a robust summer and fall.

Let's take a look at what happened.

Starting up at 32 Bridle Road, a 2170 square foot colonial with 4 bedrooms and 2.5 baths built in 1982 on .92 acres sold quickly in 58 days in June for $224,175, down from its list price of $245,000. This property so...

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