Category Archives: Hamden Real Estate

Calcagni New Agent Spotlight: Vincent Smith

Vincent Smith Calcagni Associates Real Estate

VINCENT SMITH, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Vincent Smith to the company’s Hamden office.

Vincent is a full time REALTOR who specializes in seller and buyer representation and assisting first-time home buyers. He is a member of the Greater New Haven Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “Vincent is committed to providing professional and personal service to all of his clients. He is a great addition to our growing Hamden office,” said Steven Calcagni.

Vincent is available to serve all your real estate needs throughout the Central Connecticut area and beyond. He may be reached at Calcagni Real Estate’s office located 2620 Whitney Avenue, Hamden by calling (203) 288-1821 Ext. 430, cell: 860-770-4211 or by visiting www.calcagni.com/vincentsmith .

Snapshot of the Central CT Real Estate Market- November 2013

Some interesting stats that give an overview of our local real estate market in Cheshire, Hamden, Southington, Wallingford, as well as New Haven & Hartford Counties.

Cheshire Real Estate Market Summary

Average price per square foot for Cheshire CT was $148, a decrease of 2% compared to the same period last year. The median sales price for homes in Cheshire CT for Aug 13 to Nov 13 was $281,000 based on 64 home sales. Compared to the same period one year ago, the median home sales price decreased 16.1%, or $54,000, and the number of home sales decreased 15.8%. There are currently 240 resale and new homes in Cheshire on Trulia, including 4 open houses, as well as 24 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Cheshire CT was $410,245 for the week ending Nov 20, which represents a decrease of 1.7%, or $7,036, compared to the prior week.

Cheshire- Nov 2013

 

Hamden Real Estate Market Summary

Average price per square foot for Hamden CT was $145, an increase of 9% compared to the same period last year. The median sales price for homes in Hamden CT for Aug 13 to Nov 13 was $210,000 based on 75 home sales. Compared to the same period one year ago, the median home sales price increased 14.8%, or $27,000, and the number of home sales decreased 24.2%. There are currently 384 resale and new homes in Hamden on Trulia, including 1 open house, as well as 112 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Hamden CT was $225,293 for the week ending Nov 20, which was unchanged compared to the prior week.

Hamden- Nov 2013

 

Southington Real Estate Market Summary

Average price per square foot for Southington CT was $152, an increase of 2% compared to the same period last year. The median sales price for homes in Southington CT for Aug 13 to Nov 13 was $205,000 based on 68 home sales. Compared to the same period one year ago, the median home sales price decreased 24.1%, or $65,000, and the number of home sales decreased 21.8%. There are currently 231 resale and new homes in Southington on Trulia, including 8 open houses, as well as 46 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Southington CT was $323,741 for the week ending Nov 20, which represents a decrease of 5.7%, or $19,495, compared to the prior week.

Southington- Nov 2013

 

Wallingford Real Estate Market Summary

Average price per square foot for Wallingford CT was $152, a decrease of 0.7% compared to the same period last year. The median sales price for homes in Wallingford CT for Aug 13 to Nov 13 was $215,000 based on 91 home sales. Compared to the same period one year ago, the median home sales price increased 3.9%, or $8,000, and the number of home sales increased 12.3%. There are currently 253 resale and new homes in Wallingford on Trulia, including 4 open houses, as well as 101 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Wallingford CT was $288,084 for the week ending Nov 20, which represents a decrease of 2.6%, or $7,605, compared to the prior week.

Wallingford- Nov 2013

 

Home Prices in New Haven & Hartford Counties:

New Haven County- Nov 2013Hartford County- Nov 2013

For information on the real estate in your town, please contact one of our REALTORS at WWW.CALCAGNI.COM

(Stats courtesy of Trulia.com)

Snapshot of Central CT Real Estate Market

Some interesting stats that give an overview of our local real estate market in Cheshire, Hamden, Southington, Wallingford- as well as New Haven & Hartford Counties, overall.

Cheshire Real Estate Market Summary

Average price per square foot for Cheshire CT was $149, a decrease of 2% compared to the same period last year. The median sales price for homes in Cheshire CT for Jul 13 to Oct 13 was $292,500 based on 64 home sales. Compared to the same period one year ago, the median home sales price decreased 16.2%, or $56,675, and the number of home sales decreased 27.3%. There are currently 261 resale and new homes in Cheshire on Trulia, including 10 open houses, as well as 25 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Cheshire CT was $406,567 for the week ending Oct 16, which represents an increase of 1.1%, or $4,317, compared to the prior week.

Cheshire

Hamden Real Estate Market Summary

Average price per square foot for Hamden CT was $138, an increase of 5.3% compared to the same period last year. The median sales price for homes in Hamden CT for Jul 13 to Oct 13 was $184,050 based on 108 home sales. Compared to the same period one year ago, the median home sales price increased 5.2%, or $9,050, and the number of home sales decreased 13.6%. There are currently 397 resale and new homes in Hamden on Trulia, including 3 open houses, as well as 118 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Hamden CT was $225,249 for the week ending Oct 16, which represents a decrease of 0.5%, or $1,236, compared to the prior week.

Hamden

Southington Real Estate Market Summary

Average price per square foot for Southington CT was $179, an increase of 21.8% compared to the same period last year. The median sales price for homes in Southington CT for Jul 13 to Oct 13 was $245,000 based on 63 home sales. Compared to the same period one year ago, the median home sales price decreased 3.4%, or $8,500, and the number of home sales decreased 33%. There are currently 259 resale and new homes in Southington on Trulia, including 5 open houses, as well as 53 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Southington CT was $327,479 for the week ending Oct 16, which represents an increase of 0.8%, or $2,578, compared to the prior week.

Southington

Wallingford Real Estate Market Summary

Average price per square foot for Wallingford CT was $165, an increase of 5.1% compared to the same period last year. The median sales price for homes in Wallingford CT for Jul 13 to Oct 13 was $246,000 based on 88 home sales. Compared to the same period one year ago, the median home sales price increased 10.2%, or $22,750, and the number of home sales decreased 4.3%. There are currently 292 resale and new homes in Wallingford on Trulia, including 2 open houses, as well as 100 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Wallingford CT was $294,937 for the week ending Oct 16, which represents a decrease of 3.1%, or $9,378, compared to the prior week.

Wallingford

Home Prices in New Haven & Hartford Counties

New Haven CountyHartford County

For information on the real estate in your town, please contact one of our REALTORS at WWW.CALCAGNI.COM

(Stats courtesy of Trulia.com)

Calcagni New Agent Spotlight: Millie Legenhausen

Millie Legenhausen  Calcagni Associates Real EstateCalcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Millie Legenhausen to the company’s Hamden office.

Millie is a full time REALTOR® and is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “We’re thrilled to have Millie join our team,” said Calcagni. “Her comprehensive knowledge of real estate, coupled with her drive to provide excellent customer service, makes her a great asset to our company.

Millie has been a professional REALTOR for over two decades and specializes in seller and buyer representation, assisting first-time home buyers, relocation, and is well known and respected within the local real estate community. The impressive list of real estate designations after Millie’s name represents her commitment to her customers and to her profession.  She holds the Realtor designations of Certified Residential Specialist (CRS), which less than 4% of all realtors hold, Graduate Realtor Institute (GRI), Certified International Property Specialist (CIPS), and is bi-lingual and can assist her clients in Spanish and English. In 2012 she was voted the Certified Residential Specialist (CRS) of the Year for their Connecticut Chapter.

Millie, a resident of North Haven, was previously the Broker/Owner of Home & Hearth Realty in Hamden, and serves Hamden and all of New Haven County.  She has been recognized for her dedication and service to the community, contributions to the real estate industry, and her top-producing real estate sales performance. Currently, Millie is a volunteer for CERT (Community Emergency Response Team) and has served on the boards of Junior League of New Haven and The Garden Club of New Haven.

Millie is available to serve all your real estate needs throughout New Haven County and beyond. She may be reached at Calcagni Real Estate’s office located at 2620 Whitney Avenue, Hamden by calling (203) 288-1821 Ext. 409 or by visiting:  http://www.calcagni.com/MillieLegenhausen


Snapshot of Central CT Real Estate Market

Some interesting stats that give an overview of our local real estate market in Cheshire, Hamden, Southington, Wallingford- as well as New Haven & Hartford Counties, overall.

Cheshire Real Estate Market Summary

Average price per square foot for Cheshire CT was $143, a decrease of 7.1% compared to the same period last year. The median sales price for homes in Cheshire CT for Jun 13 to Aug 13 was $257,000 based on 43 home sales. Compared to the same period one year ago, the median home sales price decreased 9.4%, or $26,750, and the number of home sales decreased 53.3%. There are currently 279 resale and new homes in Cheshire, including 6 open houses, as well as 22 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Cheshire CT was $441,272 for the week ending Sep 25, which represents a decrease of 0.3%, or $1,253, compared to the prior week.

Cheshire Stats 10-13

 

Hamden Real Estate Market Summary

Average price per square foot for Hamden CT was $133, an increase of 2.3% compared to the same period last year. The median sales price for homes in Hamden CT for Jun 13 to Aug 13 was $190,000 based on 89 home sales. Compared to the same period one year ago, the median home sales price increased 7.3%, or $13,000, and the number of home sales decreased 51.6%. There are currently 403 resale and new homes in Hamden, including 2 open houses, as well as 115 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Hamden CT was $236,864 for the week ending Sep 25, which represents an increase of 0.7%, or $1,555, compared to the prior week.

Hamden Stats

 

Southington Real Estate Market Summary

Average price per square foot for Southington CT was $179, an increase of 24.3% compared to the same period last year. The median sales price for homes in Southington CT for Jun 13 to Aug 13 was $250,000 based on 51 home sales. Compared to the same period one year ago, the median home sales price increased 0.4%, or $1,100, and the number of home sales decreased 52.8%. There are currently 275 resale and new homes in Southington, including 2 open houses, as well as 52 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Southington CT was $345,636 for the week ending Sep 25, which represents an increase of 5.1%, or $16,923, compared to the prior week.

Southington Stats

 

Wallingford Real Estate Market Summary

Average price per square foot for Wallingford CT was $157, a decrease of 1.3% compared to the same period last year. The median sales price for homes in Wallingford CT for Jun 13 to Aug 13 was $202,500 based on 56 home sales. Compared to the same period one year ago, the median home sales price decreased 5.8%, or $12,500, and the number of home sales decreased 56.6%. There are currently 302 resale and new homes in Wallingford, including 7 open houses, as well as 94 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Wallingford CT was $301,104 for the week ending Sep 25, which represents an increase of 0.2%, or $551, compared to the prior week.

Wallingford Stats

 

Home Prices in New Haven & Hartford Counties

NH Countyhartford County

For more information on all things real estate, contact your REALTOR at Calcagni Real Estate.

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Calcagni New Agent Spotlight: Gabriel Rios

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent, Gabriel Rios, to the company’s Hamden office.

Gabriel is a full time Spanish speaking REALTOR who specializes in seller and buyer and assisting first-time home buyers.  He is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “We are thrilled to welcome Gabriel to the team,” said Steven Calcagni “He is a great addition to our Hamden office.”

A native of Columbia, Gabriel moved to the United States sixteen years ago and now lives in North Haven, where he purchased his first home. His home buying experience inspired him to make selling real estate his career, hoping to help make a positive impact on the life of others.

Gabriel is available to serve all your real estate needs throughout New Haven County and beyond. He may be reached at Calcagni Real Estate’s office located at 2620 Whitney Avenue, Hamden by calling (203) 288-1821 Ext. 406 or by visiting:  www.calcagni.com/GabrielRios

 

Join us this weekend for our Calcagni “OPEN HOUSE EXTRAVAGANZA”!

photo

After a rainy start to our weekend (thanks to Tropical Storm Andrea), things should be clearing up just in time for another Calcagni Open House Extravaganza this Sunday, featuring dozens of open houses!

To see all of this weekend’s open houses, click the following link:

http://bit.ly/15H7CJb

Prices Rise for Single-Family Homes and Condos

house

Single-family home sales in Connecticut rose 14 percent to 1,519 in January, posting the highest volume for the month since 2008, according to The Warren Group.

Sales of single-family homes in Connecticut increased for the 13th consecutive month in January. This marks the highest monthly sales volume for the month since January 2008, when there were 1,653 sales.

“We ended 2012 on a pretty positive note, and this is carrying into 2013,” says Timothy M. Warren Jr., CEO of The Warren Group. “Recent pending sales data are a hopeful sign for a strong spring market. And given low mortgage rates and steady prices, there are positive signs that 2013 will be a second year of recovery.”

The median price for Connecticut single-family homes sold in January was $215,000, a 2.4 percent increase from $210,000 in January 2012. This is the fourth consecutive month that prices rose in the Nutmeg State.

“Low inventory is slowly driving up prices. This should in turn give sellers more confidence to put their homes on the market,” Warren says.

A total of 442 Connecticut condominiums were sold in January, a near 22 percent increase from January 2012 when 363 sales were recorded.

Condo median prices also increased slightly in January. The median price rose more than 3 percent to $160,000, up from $155,000 in January 2012. The median price of a Connecticut condo has increased in six out of the last seven months.

These changes reflect the Calcagni “Monthly Market Meter” survey that agents fill out each month with their opinion about the market. The market is changing; the time for listings is coming.

Screen Shot 2013-03-28 at 2.17.46 PM

The brand new CALCAGNI.COM is here!…..

We’re very excited to finally announce the launch of our newly rebranded website!  We’re very proud of it, and hope you like it too. Check out our official press release, below:

Calcagni Home Page

FOR IMMEDIATE RELEASE

CALCAGNI REAL ESTATE UNVEILS NEW WEBSITE

Local independent real estate brokerage announces the launch of their rebranded website

CHESHIRE, CT – March 20, 2013 - After months of research, planning, photo shoots, programming and testing, Calcagni Real Estate, Central Connecticut’s leading independent real estate brokerage, has finally unveiled their new website—www.calcagni.com. The newly redesigned site includes a fresh new look featuring local, unique photography of hidden treasures of our community, improved property search functionality with a Google Maps interface, new agent profile pages, and much more.

The new Calcagni.com was unveiled on Wednesday, March 20, at a company-wide meeting held at their Cheshire office. The site was created over the past several months as a joint collaboration between Calcagni’s marketing department and ‘Think Creative Group’, a local, woman-owned branding and marketing firm.

The timing for the new rebranded site couldn’t be more perfect, “Our new website and overall brand now truly reflect who we really are—the local real estate company that can serve our clients better because we’ve been rooted in the community for decades, know the market inside and out, and we care enough to invest in our local businesses—which means that the money we spend stays in the local community in which we live and work,” said Steven Calcagni, president.

Calcagni Real Estate has spent over 40 years getting to know their towns, building relationships with families and local businesses, and becoming part of the fabric of their community. The firm is continually investing in innovative online tools for their clients as well as for their agents, blending “old school” service with “new school technology.” “The improved functionality of our new website will enable our realtors to better serve their clients and will also help them to make the most of the Spring 2013 market—when I believe the real estate market will turn around,” said Calcagni.

Over the next few months, Calcagni Real Estate is excited to also roll out TV commercials, digital advertising campaigns, social media contests and more to continue to entrench their brand in the minds—and hearts—of their clients and neighbors.

About Calcagni Real Estate:

Calcagni Real Estate has offices in Cheshire, Hamden, Southington and Wallingford, and is a fully diversified real estate company offering residential properties, new construction, land consulting, and commercial properties. All Calcagni offices provide a range of real estate services including market analysis, appraisals, residential foreclosures, property management, and relocation services. Learn more at www.calcagni.com. Follow Calcagni Real Estate at www.facebook.com/calcagnirealestate

January Pending Home Sales Up

Sale-Pending

Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of REALTORS®. There were healthy monthly gains in all regions but the West, which is constrained by limited inventory but was slightly improved.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 4.5 percent to 105.9 in January from a downwardly revised 101.3 in December and is 9.5 percent above January 2012 when it was 96.7. The data reflect contracts but not closings.

The January index is the highest reading since April 2010 when it hit 110.9, just before the deadline for the home buyer tax credit. Aside from spikes induced by the tax credits, the last time there was a higher reading was in February 2007 when it reached 107.9.

Lawrence Yun, NAR chief economist, said inventory is the key to this year’s housing market. "Favorable affordability conditions and job growth have unleashed a pent-up demand. Most areas are drawing down housing inventory, which has shifted the supply/demand balance to sellers in much of the country. It’s also why we’re experiencing the strongest price growth in more than seven years," he says.

"Over the near term, rising contract activity means higher home sales, but total sales for the year are expected to rise less than in 2012, while home prices are projected to rise more strongly because of inventory shortages," Yun says.

The PHSI in the Northeast rose 8.2 percent to 84.8 in January and is 10.5 percent higher than January 2012. In the Midwest the index increased 4.5 percent to 105.0 in January and is 17.7 percent above a year ago. Pending home sales in the South rose 5.9 percent to an index of 119.3 in January and are 11.3 percent higher January 2012. In the West the index edged up 0.1 percent in January to 102.1 but is 1.5 percent below a year ago.

Yun expects approximately 5.0 million existing-home sales this year. However, price growth could exceed a 7 percent gain projected for 2013 if inventory supplies remain low. Previously, NAR had expected 5.1 million existing-home sales in 2013, while prices were forecast to rise 5.5 to 6.0 percent.

For more information, contact your Calcagni Agent, or visit www.houselogic.com , http://retradio.com and www.realtor.org.