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Prospect, CT Real Estate - Market Update August 2009

PROSPECT, CT REAL ESTATE – MARKET UPDATE AUGUST 2009

These are the latest statistics for the Prospect, CT real estate market for the month ending on July 31, 2009:

Active Listings	65
New Listings	2
Average List Price	$327,614
Median List Price	$329,000
Average Sq. Ft.	2054
Median Sq. Ft.	2040

There are 65 active listings, and 2 newly listed homes for sale in Prospect within the last month. Here's a breakdown of the prices of the homes for sale in Prospect, CT :

List Price	Houses	%
< 200,000	10	15
200,001-250,000	8	12
250,001-300,000	12	18.5
300,001-350,000	6	9
350,001-400,000	14	21.5
400,001-450,000	5	8
450,001-500,000	3	5
>500,001	7	11

And here are the newly available homes for sale in Prospect, CT :

Address	L/Price	ADOM
30 ROCKRIDGE TER	359,900	5
11 WOODCREST DR	264,900	4

You can search for homes for sale in Prospect , CT by visiting William’s Places !

Now, for a look at what has sold in the Prospect area:

Closed Listings – 9	Average	Median
Days on Market	69	29
List Price	$257,388	$229,000
Sale Price	$249,322	$225,000
Sq. Ft.	1689	1656
LP/Sq. Ft.	$166.91	$146.75
SP/Sq. Ft.	$161.36	$141.73
SP/LP Ratio	96%	96%

Compared to last month, Prospect saw an increase in the number of homes sold, and a decrease in inventory. Prospect, CT also has the distinction this past month of having the best number of days on market of any of the Greater Waterbury area towns.

These were the 9 houses that won the homes sold contest in Prospect, CT :

Address	L/Price	S/Price	DOM
26 FIELDSTONE DR	499,900	480,000	22
2 LAUREL LN	259,900	251,000	20
29 LEE RD	289,900	292,000	74
184 NEW HAVEN RD	199,900	193,000	9
3 ORCHARD DRIVE	239,000	225,000	175
16 SAUNDERS LN	218,900	218,900	20
6 SPRUCE DR	175,000	160,000	39
11 STRAITSVILLE ROAD	229,000	234,000	30
56 UNION CITY RD	205,000	190,000	231

Prior Prospect, CT Market Reports :

Prospect, CT Real Estate - Market Update July 2009

Prospect CT Market Update June 2009

Prospect CT Market Update May 2009

Prospect CT Market Report April 2009

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Looking for information about homes in the Greater Waterbury area?

Buyers, need to find financing and advice on the home-buying process?

Sellers, looking for tips on how to make sure your home sells?

Stop by www.williamsplaces.com !

Courtesy of William James Walton, Sr. , Realtor, Century21 Access America

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown and Plymouth)

Looking for information about homes in the Greater Waterbury area?

Buyers, need to find financing and advice on the home-buying process?

Sellers, looking for tips on how to make sure your home sells?

Stop by www.williamsplaces.com !

Courtesy of William James Walton, Sr. , Realtor, Century21 Access America

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown and Plymouth)

Posted by William James Walton, Sr. Greater Waterbury Real Estate on 08/09/2009 08:14 PM

Comments (3)

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Originally posted at: William's Places: Prospect, CT Real Estate - Market Update August 2009

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3 Comments on Prospect, CT Real Estate - Market Update August 2009

AUG

Hi William: Great data and charts as always. If you have a client with a home between 300 - 350 now looks like a good time to list because there seem to be less homes being offered in that price range!