Berlin, Connecticut Short Sale Report - 2012

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Real Estate Broker with Keller Williams Greater Hartford REB.0789472

Berlin CT Short Sale Report - 2012

There are currently 137 homes on market in Berlin, CT with 9 of those homes listed as short sales – making short sales 7% of the current market inventory in Berlin, CT.

Of the 204 homes that have sold in Berlin in the past 12 months just 2 were short sales - making up just 1% of Berlin's sold inventory.

Interestingly, while Berlin seems to have a very small incidence of short sales overall, short sales in Berlin actually sell faster than “regular sales”. The marketing time on short sales is just 2/3 of the marketing time of other homes.  The most logical conclusion would be that Berlin short sellers are highly motivated to sell and their homes are priced accordingly.

GET HELP WITH YOUR BERLIN CT SHORT SALE.

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Minna Reid
Team Lead - Reid Real Estate Group
Keller Williams Connecticut
Voice or Text: 860.416.1255
 

Minna Reid  is a  CT Licensed Real Estate Broker Associate with Keller Williams Realty, and Team Leader of Reid Real Estate Group, specializing in short sales, serving central CT including, but not limited to; Avon, Berlin, Bristol, Cheshire, Cromwell, Farmington, Glastonbury, Hamden, Meriden, Middlefield, Middletown, Newington, New Britain, North Branford, North Haven, Plainville, Portland, Prospect, Rocky Hill, Southington, Wallingford, West Hartford, Wethersfield and Wolcott. 

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Topic:
Real Estate General Information
Location:
Connecticut Hartford County Berlin
Groups:
Connecticut Professionals
Market Reports
Realtors®
Posts to Localism
Short Sale REALTORS®
Tags:
market reports
short sales
connecticut
berlin

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