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Prospect, CT Market Report April 2009

Here's a peek at the current real estate market in Prospect, CT:

Active Listings

57

New Listings

0

Average List Price

$350,205

Median List Price

$349,500

Average Sq. Ft.

2235

Median Sq. Ft.

2175

The inetersting thing about Prospect's market at the moment is that there are no new listings within the last month, so you know from that infromation that the majority of the homes for sale in Prospect have been on the market for over a month, at least.

This is the price range of single-family homes in Prospect:

List Price

Houses

%

< 200,000

4

7

201,000-250,000

10

17.5

251,000-300,000

11

19

301,000-350,000

5

9

351,000-400,000

10

17.5

401,000-450,000

8

14

451,000-500,000

3

5

>501,000

6

11

Price Range in Prospect

Now, let's take a look at what's sold in Prospect in the last month:

Closed Listings - 6

Average

Median

Days on Market

22

20

List Price

$182,700

$191,950

Sale Price

$174,500

$178,000

Sq. Ft.

1454

1587

LP/Sq. Ft.

$123.85

$136.66

SP/Sq. Ft.

$117.90

$126.15

SP/LP Ratio

95%

95%

So far, Prospect has the best record of any of the towns in the Greater Waterbury area for average days on market and shares that distinction with two other areas with regard to list price/sale price ratios. The interesting thing about that is the fact that the average list price is over $175K more than what the average home sold for. So, who were the winners in the Prospect home sales contest last month? Let's see:

Address

L/Price

S/Price

DOM

38 VALLEY LN

68000

55000

1

118 WATERBURY ROAD

99900

110000

8

24 LEE ROAD

284500

280000

50

70 SUMMIT

209000

186000

39

15 PINECREST DR

259900

246000

33

9 BUCKLEY LN

174900

170000

1

List vs. Sale Prices

Average days on Market for sold

Visit Prospect, CT for information about the town and local events. Looking for homes for sale in Prospect, CT? Stop by William's Places to start your home search.

Posted Friday Apr 10
( 04/11/09 02:38AM ) — Matt Listro Your Credit Repair Expert

Hi William: Thanks for the info!  If any of those sellers or buyers need some credit help - then think of us!


:)


Expert Credit Repair

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