Dave Jones Broker/Owner e-PRO Dave Jones Realty llc Prospect CT.

Well this should be fast Market update since it was a low production month here in the great town of Prospect!

Only 3 properties sold.

8 Brookwood Court Listed at $260,000 sold for $262,000 in 14 days.

133 Summit Road listed at $249,900 sold for $218,000 in 235 days.

and 12 Scott Road. Listed at $247,500 sold for $238,500 in 21 days.

The three homes aveaged 1,400 square feet.

If we flash back to January 2008 there were only 2 closings, but BOTH were over $400,000 and averaged over 3,100 square feet. I see a trend of smaller, more affordable housing ushering in the spring market.

David J Jones
Broker/Owner, REALTOR, e-Pro
Dave Jones Realty, llc
PO Box 7363
Prospect, Ct 06712
203.758.0264 phone
203.758.0771 fax
www.DaveJonesRealty.com

Check yourMarket Snapshot

Lori and I wanted to post a quick note to all our friends, family, clients, colleagues and combination of the three. To better serve you, we have left Smedes Realty and are excited to announce we have opened a new Full Service Real Estate Brokerage here in Prospect, Dave Jones Realty llc.

By doing so we will be able to better provide you with the best solution for all your real estate needs.

In the next few days we will unveil our new website, and Home search tool for buyers.

We are optimistic for a very strong Spring market, and want to remind everyone with rates as low as they are, and market prices so far down, there has NEVER been a better time to buy. If you are thinking of selling call us and we can give you an accurate estimate of what your home would sell for in today's market.

Please feel free to call us at ANY time to discuss, and we look forward to working with you .

-Dave

David J Jones
Broker/Owner, REALTOR, e-Pro
Dave Jones Realty, llc
PO Box 7363
Prospect, Ct 06712
203.758.0264 phone
203.758.0771 fax
www.DaveJonesRealty.com

Below are the final end results for the 2008 Real Estate year in Prospect.

Average for Residential Sales 01/01/2008 to 01/01/2009

Bedrooms Square Footage Average List Price Average Sales Price Days on Market

3 1,861 $297,420 $282,892 106

Now lets look at the same statistics for the year prior 01/01/2007/01/01/2008

Bedrooms Square Footage Average List Price Average Sales Price Days on Market

3 1,815 $324,559 $311,592 88

While the average sale is consistantly 3 bedrooms and close to 1,800 square feet. The biggerst changes were the days on market (20% longer), and List/Sales Price (10% drop)

Considering all the horror stories in the media today, 10% ISN'T that bad, right? I think all the signs are pointing to a strong 2009, we just have to keep our fingers crossed.

On January 27, from 9 a.m.to 12 noon and on January 28,from 1 to 3 p.m., Algonquin School will hold kindergarten registration. Registration is open to those children who will turn five by January 1, 2010 and are residents of Prospect. At this time you will register your child and pick up a packet of

forms that should be filled out and returned during Kindergarten Screening. Proof of residency is required. The following information must be provided prior to the start of school: Mortgage statement or copy of deed showing ownership of property where child resides, or copy of signed lease or rental agreement for the property where child lives, or notarized statement from the owner of the property where the child is residing, listing all of the

family members who are residing on the property. Also, a copy of a current utility bill from CL&P or Yankee Gas indicating the family has an account for the address where the child is residing, or if the landlord is supplying utilities, a notarized copy of the lease or rental agreement indicating that

the utilities are supplied by the landlord; a copy of a valid CT Driver's License for either parent indicating the address where the child is residing. If you have any questions, please feel free to call the school between the hours of 9 a.m. and 3 p.m. at 758-4408.