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Glastonbury CT average sale price and square foot price

02-12-12

Linda Edelwich

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Office: (860) 818-3610 x146

Mobile: (860) 818-3610

Glastonbury CT: Average price of sold properties and the price per square foot range.

As we prepare for the spring market here in Glastonbury 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 Glastonbury CT, be sure to call me for up to the minute trends and inventory.

DescriptionFeb 11Mar 11Apr 11May 11Jun 11Jul 11Aug 11Sep 11Oct 11Nov 11Dec 11Jan 12Feb 12

Sold Average Price	633	389	352	373	422	445	383	422	374	317	395	320	297
Price per Sq Feet	165	158	162	167	176	170	156	171	151	168	164	147	130

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Marlborough CT Market trends - preparing for the spring market

02-12-12

Linda Edelwich

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Office: (860) 818-3610 x146

Mobile: (860) 818-3610

As we prepare for the spring market here in Marlborough 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 Marlborough CT, be sure to call me for up to the minute trends and inventory.

The Marlborough CT, Median Sales Price in January was $248,000, up 12.7% from $220,000 in January of 2011 and up 18.1% from $210,000 last month. The Average Sales Price in January was $244,150, up 11.0% from $220,000 in January of 2011 and down -16.7% from $293,100 last month. January 2012 ASP was at highest level compared to January of 2011 and 2010

Marlborough CT market

This view of the Marlborough 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 18, up 50.0% from 12 last month and up 20.0% from 15 in January of last year.

Marlborough CT Real estate market

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Glastonbury CT Condo Market Study report - preparing for the spring market

02-12-12

Linda Edelwich

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Office: (860) 818-3610 x146

Mobile: (860) 818-3610

As we prepare for the spring market here in Glastonbury ct, I prepared a market analysis of the current Condo market from Feb 2011 through Feb 2012.

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

MonthLML3MPYMLYYTDPriorYTDPriorYear

Median List Price of all Current Listings	$279,900	17%		27%
Average List Price of all Current Listings	$283,029	-5%		11%
January Median Sales Price	$180,000	-13%	0%	35%	9%	$180,000	35%	9%
January Average Sales Price	$180,000	-28%	-18%	26%	-4%	$180,000	26%	-4%
Total Properties Currently for Sale (Inventory)	51	-14%		-9%
January Number of Properties Sold	2	-71%		-80%		2	0%
January Average Days on Market (Solds)	132	55%	42%	23%	35%	132	23%	35%
Asking Price per Square Foot (based on New Listings)	$166	6%	1%	-5%	4%	$166	-5%	4%
January Sold Price per Square Foot	$134	-10%	-4%	0%	-5%	$134	0%	-5%
January Month's Supply of Inventory	25.5	203%	41%	355%	96%	25.5	355%	96%
January Sale Price vs List Price Ratio	97.4%	3.2%	1%	1%	1.4%	97.4%	1.1%	1.3%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

The Median Sales Price in January was $180,000, up 35.3% from $133,000 in January of 2011 and down -12.6% from $206,000 last month. The Average Sales Price in January was $180,000, up 25.5% from $143,390 in January of 2011 and down -28.0% from $249,986 last month. January 2012 ASP was at a mid range compared to January of 2011 and 2010.

glastonbury ct condo market

Inventory / New Listings / Sales

This look at the 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 13, up 62.5% from 8 last month and up 30.0% from 10 in January of last year

glastonbury condo market

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Glastonbury CT Market Study report - preparing for the spring market

02-12-12

Linda Edelwich

view my blog
Office: (860) 818-3610 x146

Mobile: (860) 818-3610

As we approach the spring market here in Glastonbury CT, I wanted to share a year in review persepective on our market.

If you are looking to sell or purchase a home here in Glastonbury, CT, be sure to give me a call for up to the minute analysis on our market.

MonthLML3MPYMLYYTDPriorYTDPriorYear

Median List Price of all Current Listings	$399,900	0%		5%
Average List Price of all Current Listings	$528,585	-1%		14%
January Median Sales Price	$317,000	-13%	-1%	-34%	-12%	$317,000	-34%	-12%
January Average Sales Price	$320,000	-19%	-9%	-44%	-22%	$320,000	-44%	-22%
Total Properties Currently for Sale (Inventory)	147	4%		50%
January Number of Properties Sold	9	-47%		-25%		9	0%
January Average Days on Market (Solds)	124	82%	53%	55%	75%	124	55%	75%
Asking Price per Square Foot (based on New Listings)	$195	11%	7%	1%	11%	$195	1%	11%
January Sold Price per Square Foot	$147	-10%	-8%	-11%	-11%	$147	-11%	-11%
January Month's Supply of Inventory	16.3	97%	61%	100%	117%	16.3	100%	117%
January Sale Price vs List Price Ratio	94.7%	-2.7%	-2%	1%	-1.9%	94.8%	7.3%	-1.8%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

The Median Sales Price in January was $317,000, down -34.0% from $480,000 in January of 2011 and down -12.7% from $363,000 last month. The Average Sales Price in January was $320,000, down -43.6% from $567,250 in January of 2011 and down -19.0% from $395,305 last month. January 2012 ASP was at the lowest level compared to January of 2011 and 2010

glastonbury ct market trends

This graph shows the 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 40, up 66.7% from 24 last month and up 48.1% from 27 in January of last year.

glastonbury ct market

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Don't You Think the Water is a Little Cold?

02-12-12

Ed Silva CDPE, GRI, ABR, Real Estate Agent

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Office: (203) 271-8000 x18

Mobile: (203) 206-0754
Secondary: (203) 758-6440

Don't You Think the Water is a Little Cold?

Sprink Lake

While showing properties earlier today, I passed by a pond that should have been well frozen over by now. We’ve had such a mild winter so far that, anyone thinking of ice fishing has had to wait or just go further north. This time last year we were into such a deep freeze that those geese would have been on top of feet of snow atop an ice capped lake.

Spring Lake Condos Southington CT

The geese in the middle of the water don’t seem to mind a bit and with no ice anywhere on the pond they have free wadding, but I’ll bet there webs are chilled.