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Prospect, CT Real Estate - Market Update August 2009

PROSPECT, CT REAL ESTATE – MARKET UPDATE AUGUST 2009

These are the latest statistics for the Prospect, CT real estate market for the month ending on July 31, 2009:

Active Listings

65

New Listings

2

Average List Price

$327,614

Median List Price

$329,000

Average Sq. Ft.

2054

Median Sq. Ft.

2040

There are 65 active listings, and 2 newly listed homes for sale in Prospect within the last month. Here's a breakdown of the prices of the homes for sale in Prospect, CT :

List Price

Houses

%

< 200,000

10

15

200,001-250,000

8

12

250,001-300,000

12

18.5

300,001-350,000

6

9

350,001-400,000

14

21.5

400,001-450,000

5

8

450,001-500,000

3

5

>500,001

7

11

And here are the newly available homes for sale in Prospect, CT :

Address

L/Price

ADOM

30 ROCKRIDGE TER

359,900

5

11 WOODCREST DR

264,900

4

You can search for homes for sale in Prospect , CT by visiting William’s Places !

Now, for a look at what has sold in the Prospect area:

Closed Listings – 9

Average

Median

Days on Market

69

29

List Price

$257,388

$229,000

Sale Price

$249,322

$225,000

Sq. Ft.

1689

1656

LP/Sq. Ft.

$166.91

$146.75

SP/Sq. Ft.

$161.36

$141.73

SP/LP Ratio

96%

96%

Compared to last month, Prospect saw an increase in the number of homes sold, and a decrease in inventory. Prospect, CT also has the distinction this past month of having the best number of days on market of any of the Greater Waterbury area towns.

These were the 9 houses that won the homes sold contest in Prospect, CT :

Address

L/Price

S/Price

DOM

26 FIELDSTONE DR

499,900

480,000

22

2 LAUREL LN

259,900

251,000

20

29 LEE RD

289,900

292,000

74

184 NEW HAVEN RD

199,900

193,000

9

3 ORCHARD DRIVE

239,000

225,000

175

16 SAUNDERS LN

218,900

218,900

20

6 SPRUCE DR

175,000

160,000

39

11 STRAITSVILLE ROAD

229,000

234,000

30

56 UNION CITY RD

205,000

190,000

231

Prior Prospect, CT Market Reports :


Prospect, CT Real Estate - Market Update July 2009

Prospect CT Market Update June 2009

Prospect CT Market Update May 2009

Prospect CT Market Report April 2009

To My Blog

Looking for information about homes in the Greater Waterbury area?

Buyers, need to find financing and advice on the home-buying process?

Sellers, looking for tips on how to make sure your home sells?

Stop by www.williamsplaces.com !

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)

Posted Sunday Aug 09