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Macy Harney, GRI, ABR

Just Throw Me A Bone Every Once In A While .......

Putnam, CT Market Report for February 2009

REAL ESTATE MARKET STUDY

Putnam, CT 06260

FEBRUARY

2009

2008

2007

2006

2005

2004

Total # Homes Sold

4

6

8

6

11

2

Total $ Sold

727,900

$737,156

1,572,840

1,326,400

2,045,386

265,000

Average $ Sold

181,975

$122,859

196,605

221,066

185,911

132,500

Median Sold $

189,000

$195,000

193,500

223,250

180,000

132,500

Avg Days on Mkt

148

128

162

142

145

136

Avg % Sold/List

92%

77%

92

90

97

96

As you can see from above, two fewer homes sold in 2009 than in 2008. But here's the good news, look at the percentage ratio from list price to sales price in 2009 compared to 2008. This actually means that properties are being more competitively priced which is a good sign. I'm all for looking for the good in the market. Just throw me a bone every once in a while.....

I'm wondering how these stats compare to other AR'ers areas?