Business & Tech

Realtor: Average Home Prices Range From $349,961 to $518,643 in Farmington Valley

Homes in Connecticut average as low as $165,000 and as high as $1.1 million statewide, according to a sample released by Coldwell Banker Realty on four-bedroom homes.

In a survey of 59 real estate markets in the Connecticut, a national real estate company released data showing home averages that ranged between $349,961 and $518,643 in the Farmington Valley.

Coldwell Banker Real Estate LLC released its Home Listing Report Wednesday, showing surveyed listing prices of four-bedroom, two-bathroom homes in more than 2,300 North American markets. The numbers do not reflect the prices of homes sold; rather the data is taken from homes listed in Coldwell Banker’s database for sale between September 2010 and March 2011.

The average price of homes in Avon the listed in Coldwell Banker's database during that time frame was $411,911. Avon ranked 28th for lowest average house cost in Connecticut of the towns included in the study, and 1,914 nationally.

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In Simsbury, the listed average, based on the study, was $349,961, the lowest in the region, and in Granby the average was $518,643, the highest in the region. Just outside the Farmington Valley, the average house prices for West Hartford and Southington were $371,596 and $411,227, respectively.

East Granby, Canton, Farmington, New Hartford and Barkhamsted housing markets were not included in the report.

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The average listing prices of a four-bedroom, two-bathroom home in Connecticut overall was $451,012. The national average was $293,251.

New Britain, a city 71,000 people near Hartford, had the lowest listing price of $165,310, making it the most affordable. The most expensive was Greenwich, the wealthy Gold Coast community at the edge of Fairfield County, where the average listing price well exceeds $1.1 million.

"This year’s home listing report is by far the most in-depth local market source of data that Coldwell Banker has ever released,” said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. “We’ve included nearly ten times more markets than ever before, which gives us unmatched real estate insight into thousands of North American cities.”

The state and national data and can be found at: http://hlr.coldwellbanker.com.

Connecticut Market Name State Rank National Rank  Average Price NEW BRITAIN 1 366 $165,310 EAST HARTFORD 2 675 $191,514 NEW HAVEN 3 980 $218,598 BRIDGEPORT 4 1,032 $223,447 BRISTOL 5 1,043 $224,640 BLOOMFIELD 6 1,079 $230,155 VERNON 7 1,201 $245,013 WEST HAVEN 8 1,203 $245,238 TORRINGTON 9 1,205 $245,592 ENFIELD 10 1,240 $249,825 NAUGATUCK 11 1,267 $252,901 EAST WINDSOR 12 1,391 $269,000 MANCHESTER 13 1,435 $277,275 WINDSOR 14 1,483 $285,231 HAMDEN 15 1,612 $316,271 STAFFORD 16 1,624 $318,640 WETHERSFIELD 17 1,683 $337,833 SIMSBURY 18 1,728 $349,961 NORTH HAVEN 19 1,729 $350,345 SEYMOUR 20 1,772 $362,806 WEST HARTFORD 21 1,795 $371,596 CHESHIRE 22 1,811 $376,365 WALLINGFORD 23 1,814 $376,850 DANBURY 24 1,821 $379,520 SOUTH WINDSOR 25 1,845 $385,815 COLCHESTER 26 1,880 $400,210 SOUTHINGTON 27 1,911 $411,227 AVON 28 1,914 $411,911 NEW MILFORD 29 1,932 $419,465 SOMERS 30 1,943 $423,752 OXFORD 31 1,944 $423,870 SHELTON 32 1,953 $428,820 ORANGE 33 1,967 $436,276 WOODBRIDGE 34 2,006 $455,986 OLD LYME 35 2,010 $458,331 SOUTHBURY 36 2,014 $461,042 CLINTON 37 2,016 $463,550 GLASTONBURY 38 2,017 $464,077 GUILFORD 39 2,022 $469,953 NEWTOWN 40 2,041 $483,502 BETHEL 41 2,057 $491,170 GROTON 42 2,084 $505,764 TRUMBULL 43 2,085 $505,765 MONROE 44 2,090 $507,800 BROOKFIELD 45 2,105 $518,411 GRANBY 46 2,106 $518,643 MILFORD 47 2,131 $541,317 STAMFORD 48 2,143 $550,609 OLD SAYBROOK 49 2,162 $571,845 FAIRFIELD 50 2,205 $626,735 NORWALK 51 2,207 $628,330 REDDING 52 2,220 $652,339 RIDGEFIELD 53 2,225 $661,605 MADISON 54 2,231 $669,023 WILTON 55 2,269 $752,264 WESTON 56 2,295 $910,725 DARIEN 57 2,303 $951,125 WESTPORT 58 2,308 $1,030,227 GREENWICH 59 2,313 $1,154,293

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