sellers: Middletown Market Report
- 01/07/09 11:43 PM
Middletown Market Report for Last Quarter of 2008 and 2007 Comparison to 2008 Residential 9/1/2007 - 12/31/2007 compared to 9/1/2008 - 12/31/2008 The residential market in Middletown showed a drop in sales of 7.7% with 91 sales in the last quarter of 2007 and 84 in the last quarter of 2008. The median sale price dropped 13.4% from $268,453 in 2007 to $232,450 in 2008. There are 160 active listings on the market as of today. 1/1/2007-12/31/2007 compared to 1/1/2008 - 12/31/2008 Looking back at 2007 compared to 2008 there was a drop in sales of 31% with 378 in 2007 (1 comments)
Residential 9/1/2007 -12/31/2007 compared to 9/1/2008 - 12/31/2008 Comparing the last quarter of 2007 to 2008 there was not too much change as far as number of sales. There were 94 in 2007 compared to 91 in 2008. Median sale price was down 7.7%, from $370,000 in 2007 compared to $345,000 in 2008. Days on the market went from 39 in 2007 to 34 in 2008. This figure can be deceiving though , since it does not take into account homes that were on the market and expired and (3 comments)
Residential SeptemberActive - 152New Listings - 52Deposits - 20Closed - 24Average Sale Price - $211,372SP/Sq.Ft - $145.12DOM - 55 1/1/2008 - 9/30/2008Closed - 199Average Sale Price - $253,137 Median Sale Price - $228,000SP/Sq.Ft. - $155.08DOM - 65 1/1/2007 - 9/30/2007Closed - 309Average Sale Price - $268,082 Median Sale Price - $250,500SP/Sq.Ft. - $156.91DOM -60 Number of sales are down 36% compared to last year. Average sale prices are down 5.6% and median sale prices are down 9%. September saw a drop of 16.5%compared to the first 9 months of the (1 comments)
Residential September Active Listings - 60New Listings - 10Deposits - 5Closed - 4Average Sale Price - $285,500SP/SqFt - $131.17DOM -60 1/1/2008 - 9/30/2008 Closed - 63Average Sale Price - $274,058 Median Sale Price - $255,000SP/SqFt - $157.91DOM - 62 1/1/2007 - 9/30/2007 Closed - 72Average Sale Price - $270-652 Median Sale Price - $258,000SP/Sq.Ft - $150.84DOM - 61 Overall sales are down by 12.5%. Average sale prices are up by 1.3%, but median sale prices are down by 1.2 %. Again Portland seems to be holding its own with no major (0 comments)
Residential SeptemberActive Listings - 180New in Sept. - 58Deposits - 24Closed - 24Avg.Sale Price - $421,737SP/Sq.Ft. - $173.13Avg.DOM - 43 Closed 1/1/2008 - 9/30/2008249Avg. Sale Price - $451,985SP/Sq.Ft - $176.55DOM- 60 Closed 1/1/2007 - 9/30/2008300Avg.Sale Price - $448,856SP/Sq.Ft - $181.53 DOM -53 Comparing last year to this year sales are down by 17%, but the average sale price is up very minimally. Looking at September compared to the 1st 3 quarters the average sale price is down 6.7%. Hopefully this is not a trend. Condominiums SeptemberActive Listings - 35New in (0 comments)
sellers: Middletown Market Report for June and First Half of 2008
- 07/21/08 01:05 AM
Market Report for Middletown for June 2008 & First Half of 2008 to 2007 Residential June 2008Active - 176New in June - 57Deposits - 23Closed - 15Avg.Sale Price - $285,000Sp/SqFt - $173.49DOM - 26 Jan. 1 ,2008 - June 30, 2008 Closed - 112Median Sale Price - $232,500Sp/SqFt - $161.08DOM - 45 Jan. 1, 2007 - June 30, 2007 Closed - 200Median Sale Price - $255,500SP/Sq.Ft - $158.48DOM - 44 Comparing the first half of 2008 to 2007 sales are down 46%, prices are down 9.1% and days on market are relatively unchanged. As you can see there has been a (1 comments)
June 2008 Act - 60New in June - 13 Deposits - 11Closed - 10 Avg Sale Price - $220,000SP/SqFt - $169.31Avg. Dom 45 June 2007 Closed - 7Avg.Sale Price - $240,786Sp/SqFt - $148.90Avg. DOM - 44 Comparing last June to this June, prices are down 8.7%, but number of closed sales were up about 42% and days on the market was about the same. Jan.1, 2008 - June 30, 2008 Closed - 36Median Sale Price - $252,000SP/Sq.Ft - $158.22DOM - 47 Jan.1, 2007 - June 30, 2007 (1 comments)
sellers: Glastonbury Market Report for June and First Half of 2008
- 07/21/08 12:53 AM
Market Report for Glastonbury for June 2008 and Comparison between Year to Date 2008 to 2007 Residential June 2008 Active Listings - 184New in June - 64Deposits - 41Closed - 27Avg. Sale Price $419,517Sp/SqFt - $176.80DOM - 45 Jan. 1, 2008 - June 30, 2008 Closed - 145Avg. Sale Price - $442,057SP/SqFt - $177.50DOM - 48 Jan 1, 2007 - June 30, 2007 Closed - 186Avg.Sale Price - $450,162SP/SqFt - $183.18DOM - 35 Comparing the first half of 2008 to 2007 sales are down 22.1%, prices are down only 1.7%, making things look better overall for the year. Glastonbury has about (0 comments)
sellers: Prudential Ct Realty in Glastonbury is Hosting a Golf Tounament
- 04/29/08 09:44 AM
Prudential Ct Realty has chosen the Sunshine Kids as the charity that we raise money for. This year the Glastonbury office is hosting a golf tournament at the Blackledge Country Club in Hebron on June 18th with the shotgun at 10:00. The cost is $160/golfer and includes lunch and dinner. We need help in lots of ways. We need golfers, hole sponsors, raffle gifts and gifts for our silent auction. Visit our website at http://www.PrudentialGolf.com to sign up for any of the above or call me and I will be happy to send you a sign-up sheet. Any and all (1 comments)
Residential 1/1/2007 - 3/31/2007 Closed Sales - 19Average Sale Price - $287,489Average Price/Sq.Ft. - $149.46Average Days on Market - 79 1/1/2008 - 3/31/2008 Closed Sales - 16Average Sale Price - $ 278,038Average Price/Sq.Ft. - $158.39Average Days on Market - 53 Overall number of sales are down 15.8% and prices are down by 3.3%. This isn't too bad. There are only 55 homes on the market so the inventory has not gone up. (1 comments)
sellers: Middletown Ct First Quarter Market Report
- 04/24/08 01:08 AM
Middletown Market Report - First Quarter of 2007 and First Quarter of 2008 Residential 1/1/2007 - 3/31/2007 Closed Sales - 89Average Sale Price - $264,732Average Price/Sq.Ft - $155.03Average Days on Market - 66 1/1/2008 - 3/31/2008 Closed Sales 51Average Sale Price - $255,733Average Price/Sq.Ft. - $163.02Average Days on Market - 64 Overall the number of sales are down 42.7%, a major drop. Prices are down 3.4% which isn't too bad and days on the market are about the same. There are 164 homes on the market. Condominiums 1/1/2007 - 3/31/2007 Closed Sales - 48Average Sale Price - $165,977Average Price/Sq.Ft - $142.16Average Days on Market - 51 1/1/2008 - 3/31/2008 Closed Sales (1 comments)
sellers: Glastonbury,Ct First Quarter Market Report
- 04/24/08 01:03 AM
Glastonbury Market Report: 1st Quarter 2008 Compared to First Quarter 2007 Residential Jan.1, 2007 - March 31,2007 Number closed - 74Average Sale Price - $455,310Price/Sq.Ft. - $177.92Average Days on Market - 57 Jan.1,2008 - March 31, 2008 Number Closed - 63Average Sale Price - $432,051Price/Sq.Ft. - $173.75Average Days on Market - 54 Overall prices are down by 5.2%, sales are down 15% comparing the first quarter of 2007 to the first quarter of 2008. There are 161 active listings on the market. Condominiums Jan.1, 2007 - March 31, 2007 Number Closed - 29Average Sale Price - $206,916Price/Sq.Ft. -$163.63Average Days on Market - 54 Jan.1, 2008 - March 31, 2008 Number Closed - (0 comments)
Residential There are 112 active listings on the market in Middletown which means inventory is down. There were 19 new listings that came on the market, 14 homes went under deposit and there were 11 closed sales. Below you will see a comparison between Dec. 2007 and Dec.2006:Closed Sales 12/2007: 11 Closed Sales 12/2006: 26Avg. Sale Price: $240,718 Avg. Sale Price: $286,758$/Sq.Ft: 174 $/Sq.Ft: 163DOM: 47 DOM: 65 Closed sales were down 52.7% and prices were down 17.1%, yet the price per sq.ft. was up by 6.7%. It looks like some mixed signals, (1 comments)
sellers: Market Report for Portland for Dec.2007 and a Comparison with 2006
- 01/03/08 05:41 AM
Portland Market Report for December and a Comparison of 2006 to 2007Residential There are 56 active listings on the market in Portland, 9 new listings came on the market in December , 5 homes went under deposit and there were 10 closed sales. Below you will see the comparison between Dec. 2007 and Dec. 2006: Closed 12/2007: 10 Closed 12/2006: 3Avg.Sale Price: $286,940 Avg.Sale Price: $250,000$/Sq.Ft.: 146 $/Sq.Ft: 156DOM: 50 DOM: 86As you can see, this December was much better than last December with prices being up and days on the market being down by a lot. 1/1/2007 - 12/31/2007 compared to 1/1/2006 - 12/31/2006 Closed Sales (0 comments)
For the month of December 2007, there were 148 listings on the market, which is a decrease from 178, which has been more the norm. There were 24 new lstings that came on the market in Dec., 19 went under deposit and there were 16 closed sales. Below you can see the comparison to what happened in December 2006:Closed Dec.2007: 16 Closed Dec.2006: 36Avg. Sale Price: $394,813 Avg. Sale Price: $443,879$/Sq.Ft.: 181 $/Sq.Ft.: $183DOM: 61 DOM: 58Closed sales were down 56% this December compared to last and (0 comments)
sellers: Market Report for Portland for Oct. and Year to Date
- 11/18/07 10:46 PM
Market Report for Portland for Oct. 2007 and Year to Date Residential The market in Portland does not appear to be doing as well as some of the other markets. There are 61 listings on the market, which is not a huge increase in inventory. There were 16 new listings that came on the market in October, 7 homes went under deposit and there were 7 closed transactions. Overall comparing 2007 year to date with 2006 year to date prices are down 8%, closings are up 6.7% and average/sq.ft. prices are down 5.7%.
Closed Avg.Sale Price Avg.Price/Sq.Ft Avg.Days on Mkt
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sellers: Portland Market Report for Aug. and Sept. and First 3 Quarters
- 10/24/07 01:06 AM
Market Report for Portland for Aug. and Sept. 2007 and the 1st 3 Quarters Aug. and Sept. 2007 Aug. and Sept.2006 Active Listings: 54New Listings: 23Deposits: 37Closed: 12 Closed: 19Avg. Sale Price: $256,779 Avg.Sale Price: $266,394Avg. Days on Market: 75 Avg. Days on Market: 55
Comparing August and September 2007 to the same time period in 2006, sales are down by 37% and prices are down by 3.6%. Homes are staying on the market an average of 20 days longer. Jan 1st to Sept. 30th 2007 Jan.1st to Sept.30th, 2006 Closed: 72 Closed: 71 Avg. Sale Price: $270,652 Avg. Sale Price: $290,864Avg. Days (0 comments)