Real Estate Market Update for
06033 (Glastonbury, CT)
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 24% from one year earlier and down 1% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 4% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 290-thousand dollars. Overall, The number of units sold Increased 22% year-over-year and Increased 38% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 06033 (Glastonbury, CT)
Area Information for 06033 (Glastonbury, CT)
Community Character:Stable Population, Low Residential Turnover, Coastal Area
Population:29,270
Median Age:37.6 yr
Median Commute Time:19.84 mins
Educational Climate*:5
Recycling Likelihood**:121
Sales Tax:5%
Population Density:776/sq mi
Population Change Since 2000:8%
Closest Airport:Bradley International
Closest College:Holy Apostles Coll And Sem
Closest Jr. College:Manchester Community College
Median Household Income:$103,072
Annual Residential Turnover:11.52%
Median Years in Residence:5.51 yr
Median Home Sales Price:$284,000
Closest Major Sports Team:New Britain Rock Cats (aa)
Change Avg. Household Income Since 2000:33%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 06033 (Glastonbury, CT)
Median Age: 37.6Married: 53%Number of Households: 11,313Households with Children: 4,241
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)