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Prospect, CT Real Estate - Market Update October 2009

PROSPECT, CT REAL ESTATE – MARKET UPDATE OCTOBER 2009

These are the latest statistics for the Prospect, CT real estate market for the month ending on September 30, 2009:

Active Listings

54

New Listings

0

Average List Price

$327,045

Median List Price

$319,000

Average Sq. Ft.

2100

Median Sq. Ft.

2100

There are 54 homes for sale in Prospect, 11 of which were listed within the last month. Here's a breakdown of the prices of the homes for sale in Prospect :

List Price

Houses

%

< 200,000

8

15

200,001-250,000

6

11

250,001-300,000

12

22

300,001-350,000

5

9

350,001-400,000

11

20

400,001-450,000

5

9

450,001-500,000

2

4

>500,001

5

9

And here are the homes for sale in Prospect, CT listed in September:

Address

L/Price

ADOM

109A ENGLEWOOD AVE

59,900

23

90 SILLS AVE

79,900

23

6 SCOTT RD

269,000

10

277 CHESHIRE RD

284,900

18

29 MAPLE DR

309,900

21

37 MIKAYLA

383,000

13

84 MIKAYLA LANE

393,000

14

47 MIKAYLA LANE

393,000

14

24 CORNWALL AVE

419,900

9

26 BLUE TRAIL DR

479,900

10

67 ROYAL CREST

529,900

31

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 – 6

Average

Median

Days on Market

140

126

List Price

$136,717

$122,850

Sale Price

$128,083

$115,000

Sq. Ft.

1195

1086

LP/Sq. Ft.

$112.89

$96.15

SP/Sq. Ft.

$105.40

$89.77

SP/LP Ratio

91%

93%

Prospect saw a rather precipitous drop in its average price for homes sold in September, when compared to August, due mostly to the type of properties that sold – three of the six homes that sold were well under the normal average sales prices for homes in Prospect, CT .

These were the 6 houses that won the homes sold contest in Prospect, CT :

Address

L/Price

S/Price

DOM

21 CLARK HILL RD

259,900

245,000

230

19 DEERFIELD DR

39,900

35,000

81

21 GREENWOOD DR

145,800

135,000

120

42 GREENWOOD DR

219,900

215,000

93

1 VALLEY LN

99,900

95,000

180

4 VALLEY LN

54,900

43,500

131

charts

Prior Prospect , CT Market Reports:

Prospect, CT Real Estate - Market Update September 2009

Prospect, CT Real Estate - Market Update August 2009

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

Posted Sunday Oct 18