Located in Hartford County, Manchester had 55,572 residents as of 2005 and is located less than 10 miles from Hartford. Are you looking for a home in the Manchester, Connecticut area? I’m here to help you find the home just right for you. For more information see the listings below or contact me for unique market information.

Real Estate
Absorption Rate Analysis; that is, how many homes the market on a monthly basis absorbs & how does it affect me & my home? Precisely how does a buyer or seller know when a real estate market most favors buyers or sellers? No buyer wants to pay too much & no seller wants to leave money on the table by pricing too low. The answer is in knowing the market absorption rates. Property absorption rates in any local real estate market are usually considered the best indicators of whether that market is a sellers’ market, a buyers’ market, or a neutral market. Knowing the current real estate market cycle is essential for success as either a buyer or seller.

Attractions
Manchester’s history dates back to the colonial period. It was founded in 1672 as a farming community and later became the heart of New England’s silk industry. You can still visit the Cheney Brothers Historic District, the site of the world’s largest silk mill. Every Thanksgiving, Manchester hosts the Manchester Road Race, which features over 10,000 competing runners. Thousands of visitors cheer on the runners, so don’t miss out on the fun! Also, proceeds from the race go to benefit numerous local charities. Manchester's annual auto show is also a local favorite. When not attending Manchester’s events, you can check out the Shoppes at Buckland Hills, a popular indoor shopping mall.

Education
There are 19 public schools in Manchester which offer the bulk of the town's K-12 education. There are 9 private schools in the town, including Assumption School and the highly-rated East Catholic High School. The town has its own 2-year institution, Manchester Community College. Colleges and universities within 35 miles of Manchester include the University of Connecticut at Hartford, St. Joseph College, and the United States Coast Guard Academy.

Recreation
Manchester’s Parks and Recreations department offers fun for everyone. The department hosts classes for all ages, including Yogilates, a fitness class that combines Yoga and Pilates. You can also stretch your legs at Northwest Park, which has nature trails and sports facilities. A 50 foot pier was recently constructed in the park, so you can look over Union Pond in comfort. For baseball fans, the Manchester Silkworms, a summer collegiate baseball club, promises to entertain. When not exercising, residents can cool off in one of Manchester’s numerous indoor or outdoor pools.

Sellers’ Market – Absorption Rates 1-4;
Neutral Market – Absorption Rates 5-6;
Buyers’ Market – Absorption Rates greater than 7

The process of calculating absorption rates for local markets will be helpful to anyone trying to figure out the current real estate cycle & how to formulate a winning buying or selling strategy.

For instance, there are currently 

233 Single Family Homes for sale in Manchester

There are 71 homes under deposit or deposit/show status

231 homes sold over the last six months

The absorption rate would then be 231 divided by 6 = 38.5 divided into 233 active for sale. An absorption rate of  indicates a neutral market and, that in an unchanged market, it will take:

6 months to sell all the 233 active listings

This basic analysis can be used with most of property types including building lots, homes, condominiums, or even commercial properties. The absorption rate analysis also helps buyers in that in a buyer's market a low purchase offer is often a winning strategy.