Real Estate Market Update for Manchester, CT
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 21% from one year earlier, and down 17% 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 over 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold decreased 12% year-over-year, and decreased 35% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Manchester, CT
Area Information for Manchester, CT
  • Population: 58,678
  • Median Age: 36.26 yr
  • Median Commute Time: 18.83 mins
  • Educational Climate*: 4
  • Sales Tax: 6.35%
  • Population Density: 2,141/sq mi
  • Population Change Since 2000: 7.21%
  • Closest Airport: Bradley International
  • Closest College: Goodwin College
  • Closest Jr. College: Manchester Community College
  • Median Household Income: $63,047
  • Annual Residential Turnover: 14.81%
  • Median Years in Residence: 4.35 yr
  • Median Home Sales Price: $154,752
  • Closest Major Sports Team: New Britain Rock Cats
  • Change Avg. Household Income Since 2000: 27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Manchester, CT
Median Age: 36.26 Married: 32% Number of Households: 24,982 Households with Children: 7,249
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Manchester, CT

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Buckley School 0.9 mi Public PRESCHOOL-5 3 5
      Bowers School 1.6 mi Public K-5 2 5
      Illing Middle School 1.7 mi Public 7-8 2 4
      Kindercare Learning Center 1.8 mi Private PRESCHOOL-K 0 0
      Manchester High School 1.9 mi Public 9-12 1 3
      Holy Seed Christian Academy 2.0 mi Private K-8 0 0
      Bolton Center School 2.0 mi Public PRESCHOOL-8 3-5 4
      Manchester Preschool Center 2.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      The Cornerstone Christian School 2.2 mi Private PRESCHOOL-12 0 4
      Elisabeth M. Bennet Academy 2.4 mi Public 6-6 2 2
      St Bridget School 2.4 mi Catholic PRESCHOOL-8 0 4
      St James School 2.4 mi Catholic PRESCHOOL-8 0 4
      Clinical Day School - Manchester Memorial Hospital 2.4 mi Private 7-12 0 0
      Summit School/new Hope Manor 2.5 mi Private 5-12 0 2
      Robertson School 2.5 mi Public K-5 2 4
      Hans Chr Andersen Montessori 2.5 mi Private PRESCHOOL-K 0 0
      Martin School 2.6 mi Public K-5 2 5
      Community Child Guidance Clinic 2.6 mi Private PRESCHOOL-8 0 5
      Waddell School 2.8 mi Public K-5 2 5
      The Children's Place Inc 2.9 mi Private PRESCHOOL-K 0 0
      Washington School 2.9 mi Public K-5 1 3
      Bolton High School 3.3 mi Public 9-12 2-5 4
      Odyssey Community School 3.6 mi Public K-8 2-5 4
      Assumption School 3.6 mi Catholic PRESCHOOL-8 0 5
      Keeney School 3.6 mi Public K-5 3 4
      Verplanck School 3.8 mi Public K-5 1 4
      East Catholic High School 3.9 mi Catholic 9-12 0 4
      Great Path Academy At Mcc 4.0 mi Public 10-12 0 3
      Howell Cheney Technical High School 4.2 mi Public 9-12 2-5 4
      Manchester Regional Academy 4.5 mi Public 7-12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Manchester, CT
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.