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Maria Gilda Racelis

Bolton CT Real Estate Market Report-April 2014

Bolton CT Real Estate Market Report

Great Schools rated Bolton Public Schools 9, with 10 as the highest.

The Town of Bolton offers one of the finest schools in Connecticut.

The suburban community inherent in Bolton makes it an ideal place for people who wants to be close to the hustle and bustle of the city without compromising the desire to live in a more relaxed and rural setting.

Bolton’s proximity to Manchester and Vernon provides convenience to access shopping centers and other retail stores and small-scale shops.

 

Currently, there are 33 properties for sale in Bolton Connecticut. Out of this number, the average listing price is $344,730 with average square feet of 2,148, 3 bedrooms and 2 bathrooms.

Bolton CT Real Estate Market Report

Bolton CT Homes for Sale

There are currently 12 properties under contract. The average listing price for these units is $255,713 with average square feet of 1.844, 3 bedrooms and 1 1/2 bathrooms. Given the data specific to the active listings and the homes under contract for this month, there is a huge difference on the average list price and square feet between the two. This means that more expensive and bigger homes are added to the inventory

Bolton CT Real Estate Market Report

Bolton CT Homes Under Contract

Only one residential home was sold in February and 5  in March. The only sold home in February is listed for $599,900 and sold for its listed amount. This home has 3,300 square feet, 4 bedrooms and 2 1/2 bathrooms.

In March, the average listing price $342,320 with 2,563 square feet, 3 bedrooms and 2 bathrooms. The average sold price is $326,000. The average days on the market is 86 days. The average ratio of sold price to listing price is 92.9%.

This means that there is a 7.1% difference between the average listing price and the sold price.

Bolton CT Sold Homes

Bolton CT Sold -February 2014

 

Bolton CT Sold Homes-March 2014

Bolton CT Sold Homes-March 2014

Using a four-month sales history, the current absorption rate is 5.75.  At this rate, the inventory of 33 properties will be depleted within 6 months.

Start Searching Residential Homes in Bolton Connecticut

 

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Maria Gilda Racelis
I am a full-time realtor and a no-nonsense individual when it comes to rendering services to my clients. I take my job and the responsibility it entails seriously. My clients come first. I ensure that they know and feel I am working for their best interest. However, I do not carry out tasks to compromise my principle. I conduct my business with pride, honesty and integrity.
Maria Gilda Racelis

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