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Maria Gilda Racelis

November 2015 Manchester CT Market. SOLD 17-19 Strant Street

Sold 17-19 Strant Street.

Sold 17-19 Strant Street

17-19 Strant Street is a Multi-Family Home in Manchester Connecticut. Before I tell you the story on how I got the listing, let me give you a little background on my Manchester way of life.

I bought my very first home in 2002 in Manchester Connecticut. Until now, this is where I wake up in the morning and take refuge at night with my four-legged friends. Center Springs Trail

Part of my routine is taking my dogs out for a walk. My best buddy is a doberman. He is my protector and my best friend. It is because of the love for dobermans that I met a man who was walking his dog one morning along the street of Manchester.

The rest of the story is best described in the testimonial I received from my sellers.

I have to share my story about Maria – About 3-4 years ago my husband was walking our son’s Doberman and Maria was driving by and noticed the dog. Being the doberman lover that she is, she stopped and commented on the dog introducing herself as a Doberman owner too.
She also told my husband that she was a realtor and gave him her card. Years later . . . when we needed someone to sell our rental property in Manchester my husband remembered Maria’s card tucked away in his wallet (good thing he never cleans out his wallet).
He contacted her and she gave him advice on how to get it ready for market. She listed it with a great video and on-line presence!
After a couple of offers, she helped us work through a contract and we closed within 3 months. I can be VERY DIFFICULT to work with, but Maria always remained calm and held her composure whenever I got emotional.
She is very professional, knowledgeable, and a pleasure to work with! Seriously she is fantastic!
xxo – Peter and Dianne LeBlanc
The subject property closed last month. It went under contract in less than 1 month.
So what is the Real Estate Trend in Manchester Connecticut?
November 2015
  • Current active listings is comprised more by homes priced under $200,000
  • October fared better than the month of September when it comes to homes under $200,000. But overall, September sales is higher by four units.
  • The median list price in October for homes under $200,000 is higher for 3 consecutive months. However, the median list price for the overall market fluctuated.

If the median sale price increases over time, it generally indicates an appreciating market in which demand exceeds supply. Conversely, if the median sales price is decreasing, it indicates a declining market with diminished demand.

Hence, there is no indication that the Manchester Real Estate Market is in upward trend.

  • Currently, there are 81 homes under contract. Until these properties are conveyed, this number will populate as  sold units in the future period.
  • Given the three-month historical sales, the current inventory  of 251 homes is expected to be depleted within four to five months. Six months as absorption rate is considered as “Balance Market.” Hence, the market is performing slightly in favor of the sellers.

This real estate market report is brought to you by Maria Gilda Racelis of Home Buyers Realty. For all your Manchester CT real estate needs, please contact this Realtor. You will be glad you did.

October 2015 Manchester CT Real Estate Market

Homes between $250,000- $350,000

Homes between $350,001-$450000

Homes from $450,001 and above

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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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