As we approach the spring market here in Glastonbury CT, I wanted to share a year in review persepective on our market.

If you are looking to sell or purchase a home here in Glastonbury, CT, be sure to give me a call for up to the minute analysis on our market.

 

 MonthLML3MPYMLYYTDPriorYTDPriorYear
Median List Price of all Current Listings $399,900 0%   5%        
Average List Price of all Current Listings $528,585 -1%   14%        
January Median Sales Price $317,000 -13% -1% -34% -12% $317,000 -34% -12%
January Average Sales Price $320,000 -19% -9% -44% -22% $320,000 -44% -22%
Total Properties Currently for Sale (Inventory) 147 4%   50%        
January Number of Properties Sold 9 -47%   -25%   9 0%  
January Average Days on Market (Solds) 124 82% 53% 55% 75% 124 55% 75%
Asking Price per Square Foot (based on New Listings) $195 11% 7% 1% 11% $195 1% 11%
January Sold Price per Square Foot $147 -10% -8% -11% -11% $147 -11% -11%
January Month's Supply of Inventory 16.3 97% 61% 100% 117% 16.3 100% 117%
January Sale Price vs List Price Ratio 94.7% -2.7% -2% 1% -1.9% 94.8% 7.3% -1.8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

 

The Median Sales Price in January was $317,000, down -34.0% from $480,000 in January of 2011 and down -12.7% from $363,000 last month. The Average Sales Price in January was $320,000, down -43.6% from $567,250 in January of 2011 and down -19.0% from $395,305 last month. January 2012 ASP was at the lowest level compared to January of 2011 and 2010

glastonbury ct market trends

 

This graph shows the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in January 2012 was 40, up 66.7% from 24 last month and up 48.1% from 27 in January of last year.

glastonbury ct market

 

Linda Edelwich Realtor

 

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William Raveis Real Estate
218 New London Turnpike, Glastonbury, CT  06033

860-818-3610 (c)

 

Visit me anytime in Glastonbury www.iglastonbury.com

 Linda Edelwich, Glastonbury real estate

 

and www.WeknowGlastonbury.com  

 

Selling Glastonbury Real Estate blog by Linda Edelwich, Top Producing Real Estate Agent. Updates and information about Real Estate in Hartford County, Glastonbury, CT, Hebron, CT, Marlborough, CT , Portland, CT, and East Hampton, CT be sure to check out my market updates for valuable information about what is happening in YOUR town!

 

2011 linda edelwich award2012 and 2013!

 

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Linda Edelwich

Glastonbury, CT

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William Raveis Real Estate

Address: 218 New London Turnpike, Glastonbury , CT, 06033

Office Phone: (860) 818-3610

Cell Phone: (860) 818-3610

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