90 day activity review


It has come to my attention via the Voluntown website that this towns population doubles in size during the summer months…I had no idea it was such a tourist attraction!  But apparently Voluntown is a hub for camping, boating, hiking and swimming with nearly 70% of its land being state owned.  Lessons learned!  You can visit the town web site at www.voluntown.gov .

Here are some other interesting facts straight from the town’s site:

Estimated 2005 population – 2598

  • Land area – 39 square miles
  • State of Connecticut owns 70% of land (Pachaug State Forest)
  • Population per square mile – 72
  • Households – 952
  • Median Age – 37
  • Total Students Enrolled in Voluntown Schools (pre-K thru grade 8) – 334
  • Student/Teacher Ratio – 13
  • Total Students Enrolled in Designated High Schools (Griswold High and Norwich Free Academy) – 140

And, the real estate market looks like this:

Current Active listings:  18                 Range of value:  $90,000 to 767,000

Current Pending listings:  3                 Range of value:  $209,900 to 339,900

Closed in the last 90 days:  10            Range of value:  $160,000 to 321,000

Average days on market:  85.2

Average sale price:  $260,190

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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:

www.norwichct.org

www.norwichfreeacademy.com

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!

What’s not to love about this sprawling town?  It’s a little bit country and a bit of a hub on the Jewett City end.

Apparently way back in 1895 that little hub of Jewett City, previously known as Pachaug City, decided it wanted to run its own show so it got separately chartered by the State of Connecticut.  Today, for their efforts, there is 1 mil paid in extra taxes for living within the one mile square area of Jewett City!  You can read all about that fun story in addition to other interesting stuff about Griswold at http://www.griswold-ct.org .

I love the town and the real estate is exciting as well, here is a 3 month review of residential activity in Griswold (which includes Jewett City :-):

Currently Active listings:  80                      Range of Value:  $29,000 – $550,000

Pending listings:  19                                   Range of Value:  $69,900 – $359,900

Closed in last 3 months:  22                       Range of Value:  $84,000 to $408,000

Average Sales Price in last 3 months:  $232,521.27