ORANGE, CONNECTICUT MARKET REPORT FOR JUNE 2008
REAL ESTATE MARKET REPORT FOR ORANGE,CONNECTICUT
June 2007 v.s. June 2008
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New Listings
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Avg List Price
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No. Sold
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Avg. Sales Price
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2007
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30
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$434,700
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16
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$505,569
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2008
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12
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$479,617
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10
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$538,000
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In June 2008, the highest priced home listed is 519 Highfield Drive. It was originally Listed at $599,500 and reduced to $499,500 and later in June taken off the market. This home is a 1977 cape with 2600 sq. ft, 8 Rooms, 3 Bedrooms, 2.1 Baths.
The highest sales price in June 2008 was on 642 Racebrook Road. This is a brand new (2006) Colonial with 4400 sq.ft, 11 Rooms, 4 Bedrooms and 3.1 Baths. It was listed for $1,199,000 and sold in 213 days for $1,165,000.
Currently, there are 68 Homes for sale in Orange, CT
DOM in June 2007 averaged 63 days versus 2008 where homes are averaging 79 Days on Market ↑
The average list price for a home in Orange has increased in June 2008 compared to June 2007 by approximately 9% ↑
The average sale price for a home in Orange has increased in May 2008 from this time last year by approximately 6% ↑
This is the second month that home sale prices in Orange,Connecticut have risen. The Amity Regional School District's reputation and more affordable prices make Orange a viable option for buyers especially those coming from Fairfield County.
If you need any additional information, or have any questions, feel free to contact me @ donna.springer@cbmoves.com
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