East Hampton, CT Market Report: 2011 in Review

02-23-12

Minna Reid, CT REALTOR®, Short Sale Agent

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Mobile: (860) 416-1255

East Hampton, CT Market Report: 2011 in Review

2011 was a year of declines for home sellers in East Hampton, CT . 130 homes in East Hampton, CT sold through the year at an average sales price of $242,489 – both figures down from 2010.

Should the trend continue, just 8% of current market inventory of 138 homes in East Hampton is expected to sell in any given month. Another telling figure is the amount of homes that expired in 2011. An expired home is a home that goes on market, but ultimately just does not sell at. In 2011, 107 homes in East Hampton expired unsold – leaving the odds of successfully selling at roughly 55%. Part of the problem is that many hopeful East Hampton home sellers are still unrealistic about their selling price. The average listed price of homes currently on market is $305,961 – which is a 20% difference over what homes are actually selling for.

What does that mean to you as an East Hampton, CT home seller? If you are considering going on market, you will have to be very realistic about the value of your home if you wish to successfully sell. You have a lot of competition and just a 55% shot at selling your home at all. How do you make it happen in this market? With an aggressive marketing plan, and most importantly – THE RIGHT PRICE.

Short sales and foreclosures in East Hampton CT in 2011: Out of all sold homes in 2011 8% were short sales and 7% were bank owned (foreclosed). 12% of all currently listed homes are short sales, while 4% of homes are bank owned – making distressed homes 16% of the current inventory in East Hampton, CT.

What will 2012 hold? Only time will tell.

FIND THE RIGHT EAST HAMPTON, CONNECTICUT REALTOR.

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We love to share and this is one webinar you will not want to miss for 2012

02-23-12

Jay McHugh, "YOUR SendOutCard Mentor"

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Office: (617) 566-0300 x202

Mobile: (617) 699-7442
Secondary: (617) 383-6235

Please join us and forward to your team members, vendors, and others that are looking to understand how the Compound Effect will work in their business and in growing their business...

Cheers.... Jay McHugh

RE/MAX Unlimited, SOC, and P3Coaching PRESENTS


The Compound Effect - A Live Interview with Darren Hardy

Thursday, February 23, 2012

1:00 PM - 2:00 PM EST

(10AM PT)

Join us for a Webinar on February 23

Darren Hardy is the visionary force behind SUCCESS magazine as its Publisher and Editorial Director. He is the Best Selling Author of The Compound Effect and Living Your Best Year Ever. The chair once occupied by Orson Swett Marden, W. Clement Stone, Napoleon Hill, and Og Mandino is where SUCCESS publisher and editorial director Darren Hardy now sits.

Darren has been a leader in the personal development industry for seventeen years and on February 23rd at 1pm Eastern Time (10am PT) he will be coming to you live to talk about The Compound Effect and Living Your Best Year Ever!

Here are some of the questions we will pose to Darren:

* What prompted Darren to write The Compound Effect? And why now?
* What are some of the challenges or success inhibitors people face in today's insta-fix culture?
* If the fundamentals of success are so simple, why doesn't everyone have the wealth, health and relationships they desire?
* How does Darren define the Compound Effect?
* What is the greatest challenge people face in making The Compound Effect work?
* What is Darren's strategy for breaking a bad habit or developing a new habit?
* Plus much, much, more!

IF YOU HAVEN'T CHECKED OUT DARREN'S LIVING YOUR BEST YEAR EVER CD SET AND WORKBOOKCLICK HERE TO BUY YOURS TODAY FOR YOUR SPECIAL RE/MAX PRICE OF $40

Many of you have participated in the Living Your Best Year Ever goal setting program and have read The Compound Effect. Bring your questions! We will save 10 minutes for Q&A.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer

Reserve your Webinar seat now at:
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Portland CT: Average price of sold properties & the price per square foot range.

02-12-12

Linda Edelwich

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Office: (860) 818-3610 x146

Mobile: (860) 818-3610

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

As we prepare for the spring market here in Portland 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 Portland 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	239	218	208	308	212	202	214	195	245	207	270	139
Price per Sq Feet	155	121	127	139	146	165	131	121	129	132	142	130

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Preparing for the spring market here in East Hampton CT

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 East Hampton 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 East Hampton CT, be sure to call me for up to the minute trends and inventory.

The Median Sales Price for East Hampton CT in January was $351,000, up 39.7% from $251,250 in January of 2011 and up 63.3% from $214,950 last month. The Average Sales Price in January was $332,180, up 20.9% from $274,733 in January of 2011 and up 42.4% from $233,217 last month. January 2012 ASP was at highest level compared to January of 2011 and 2010.

east hampton real estate market

This view of the East Hampton 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 24, up 166.7% from 9 last month and up 84.6% from 13 in January of last year