Quote:
Originally Posted by Mark_CT
It depends what moderately priced means. from my perspective, about $450,000 comes to mind. Many homes in north glastonbury are around $200,000... homes like these would cost around $300,000 in Simsbury. The parts in Simsbury that are "moderately" priced are much smaller and less prevalent. I didn't mean it as an insult, but driving through North Glastonbury many times, it does not seem to be nearly as desireable as say, Simsbury Center.
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Actually, there are only two single-family properties in Glastonbury priced at $209,900 before the price jumps to $236,000. Simsbury has $170,000, $175,000, $200,000, $204,900, $209,900, $219,900, $224,000, $225,000, and $234,900. Glastonbury has a population about 33 percent greater than Simsbury's (24,000 to 33,000). Household incomes are about the same with Simsbury having a slight edge over Glastonbury ($96,300 to $93,000).
The median price for single-family homes in Glastonbury is $398,750 and is $350,000 for Simsbury. Of course, a more realistic picture is formed when the price distribution of properties is shown:
GLASTONBURY - 179 properties; median - $489,000
0 - Under $200,000
4 - Between $200,000 - $249,999
23 - Between $250,000 - $299,999
23 - Between $300,000 - $349,999
13 - Between $350,000 - $399,999
18 - Between $400,000 - $449,999
15 - Between $450,000 - $499,999
8 - Between $500,000 - $549,999
8 - Between $550,000 - $599,999
7 - Between $600,000 - $649,999
14 - Between $650,000 - $699,999
3 - Between $700,000 - $749,999
11 - Between $750,000 - $799,999
5 - Between $800,000 - $849,999
8 - Between $850,000 - $899,999
0 - Between $900,000 - $949,999
2 - Between $950,000 - $999,999
17 - Over $1 million
SIMSBURY - 121 properties; median - $406,000
2 - Under $200,000
10 - Between $200,000 - $249,999
17 - Between $250,000 - $299,999
18 - Between $300,000 - $349,999
13 - Between $350,000 - $399,999
19 - Between $400,000 - $449,999
6 - Between $450,000 - $499,999
5 - Between $500,000 - $549,999
3 - Between $550,000 - $599,999
3 - Between $600,000 - $649,999
2 - Between $650,000 - $699,999
0 - Between $700,000 - $749,999
2 - Between $750,000 - $799,999
1 - Between $800,000 - $849,999
2 - Between $850,000 - $899,999
1 - Between $900,000 - $949,999
2 - Between $950,000 - $999,999
15 - Over $1 million