Preparing for the spring market here in East Hampton CT

As we prepare for the spring market here in East Hampton CT, I prepared a market analysis of the current market from Feb 2011 through Feb 2012.

If you are looking to sell or buy a home here in East Hampton CT, be sure to call me for up to the minute trends and inventory.

The Median Sales Price for East Hampton CT in January was $351,000, up 39.7% from $251,250 in January of 2011 and up 63.3% from $214,950 last month. The Average Sales Price in January was $332,180, up 20.9% from $274,733 in January of 2011 and up 42.4% from $233,217 last month. January 2012 ASP was at highest level compared to January of 2011 and 2010.

This view of the East Hampton CT 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 24, up 166.7% from 9 last month and up 84.6% from 13 in January of last year