Prospect CT Real Estate - Market Update June 2009

PROSPECT, CT REAL ESTATE - MARKET UPDATE JUNE 2009

Here’s a look at what’s been happening in the Prospect real estate market in the past month:

Active Listings	69
New Listings	6
Average List Price	$339,472
Median List Price	$309,900
Average Sq. Ft.	2156
Median Sq. Ft.	2162

There are 69 active listings, with 6 new homes for sale joining the Prospect real estate market in the last 30 days.

Here's a breakdown of the prices for homes being sold in Prospect:

List Price	Houses	%
< 200,000	7	10
200,001-250,000	1 3	19
250,001-300,000	14	20
300,001-350,000	4	6
350,001-400,000	13	19
400,001-450,000	6	9
450,001-500,000	4	6
>500,001	8	1 1

And these are the new homes for sale in Prospect:

Address	L/Price	ADOM
4 BIRCHWOOD TER	274,900	1
11 ELAINE CT	415,000	3
69 MORRIS RD	259,900
184 NEW HAVEN RD	199,900	2
24 OAK	290,000	5
77 SALEM RD	209,900	6

Correction: There were 6 homes that sold in Prospect during May:

Closed Listings – 6 (June)	Average	Median
Days on Market	82	61
List Price	$309,866	$309,700
Sale Price	$287,333	$287,500
Sq. Ft.	1952	1920
LP/Sq. Ft.	$162.69	$168.32
SP/Sq. Ft.	$147.98	$150.22
SP/LP Ratio	91%	91%

And these were the winners in the Prospect homes for sale contest in May:

Address	L/Price	S/Price	DOM
40 CAMBRIDGE DRIVE	410,000	400,000	100
35 CLARK HILL RD	349,500	330,000	101
17 FIELDSTONE DRIVE	469,900	430,000	244
435 MATTHEW ST	249,900	229,000	23
151 SCOTT RD	110,000	90,000	1
8 TERRY RD	269,900	245,000	23

Prior Prospect Market Reports:

Prospect CT Market Update May 2009

Prospect CT Market Report April 2009

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Courtesy of William James Walton, Sr ., Realtor, Century21 Access America

Serving northern New Haven and southeastern Litchfield Counties ( Waterbury , Wolcott, Prospect, Naugatuck , Middlebury, Southbury, Watertown and Plymouth )