April 29, 2008
The Rose of New England
Posted by Darla under 90 day activity review, Connecticut, Home sales, New London County, Norwich, Prudential CT Norwich, real estate, residential real estate | Tags: mohegan park, NFA, rose garden, Shetucket, Thames Rivers, Yantic |And a rose by any other name just is not the City of Norwich.
Located where three rivers converge, the Yantic, Shetucket and Thames, Norwich was once a bustling and prosperous mill town with a thriving marina. The place where Abe stayed, the Wauregan Hotel has been renovated and the rich town history is evident in the sprawling campus of NFA. Founded in 1659 when it was purchased from the Mohegan tribe, I am proud to call myself a former resident. I previously lived within walking distance of Mohegan Park, the Rose Garden and NFA…I still miss those walks.
Please check out the impressive history of Norwich at:
The real estate in Norwich is sprawling to say the least. The town is made up of the following areas, Thamesville, Greeneville, Yantic, Norwich, Taftville, Occum, East Great Plains and Norwich Town. There is an abundance of home ownership opportunities for every price range. Here is a synopsis view for the whole town in the last 3 months…(it covers a big area compared to the much smaller towns I usually post about): Residential only, Norwich has a fantastic multi-family and commercial market.
Current Active listings: 207 Range of Value: $28,000 - $899,900
Current Pending listings: 43 Range of Value: $40,000 - $389,000
Closed in last 3 months: 54 Range of Value: $45,000 - 380,000
The following facts obtained from The Real Estate Reporter:
Median Sale Price: $218,000
Median List Price: $224,000
Average days on market: 72
Average Sale Price (2008): $179,338
Big Town, Big Post!