-
8/4/2019 Hartford County Aug 2010 Through Aug 2011
1/3
MARKET ACTION REPORT
August 201
County: HartfordKevin Paradis
Sales Associate(860) [email protected](860)
212-9661
Price Range: ALL | Properties: Single Family Home
Based on information from Connecticut Multiple Listing Service,
Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS
reporting methods and allowablereporting policy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the
dataaccuracy. Data maintained by the MLS's may not reflect all real
estate activity in the market.
Trending Versus*: Trending Versus*:Market Profile & Trends
Overview Month LM L3M PYM LY YTD PriorYTD PriorY
Median List Price of all Current Listings $249,900
Average List Price of all Current Listings $322,880
ugust Median Sales Price $234,000 $227,500ugust Average Sales
Price $278,321 $277,150
Total Properties Currently for Sale (Inventory) 4,532
ugust Number of Properties Sold 544 3,539
ugust Average Days on Market (Solds) 65 76
sking Price per Square Foot (based on New Listings) $146
$148
ugust Sold Price per Square Foot $139 $138
ugust Month's Supply of Inventory 8.3 9.1
August Sale Price vs List Price Ratio 95.8% 95.8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year
/ LY=Last Year / YTD = Year-to-date
Property Sales
August Property sales were 544, up 11.9% from 486 in August of
2010 and 4.2% higher than the 522 sales last month. August 2011
saleswere at a mid level compared to August of 2010 and 2009.
August YTD sales of 3,539 are running -13.4% behind last year's
year-to-date
f 4,086.
Prices
The Median Sales Price in August was $234,000, down -4.5% from
$245,000 in August of 2010 and down -2.5% from $240,000 last
montThe Average Sales Price in August was $278,321, down -2.5% from
$285,569 in August of 2010 and down -3.9% from $289,624 last
monAugust 2011 ASP was at a mid range compared to August of 2010
and 2009.
-
8/4/2019 Hartford County Aug 2010 Through Aug 2011
2/3
MARKET ACTION REPORT
August 201
County: HartfordKevin Paradis
Sales Associate(860) [email protected](860)
212-9661
Price Range: ALL | Properties: Single Family Home
Based on information from Connecticut Multiple Listing Service,
Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS
reporting methods and allowablereporting policy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the
dataaccuracy. Data maintained by the MLS's may not reflect all real
estate activity in the market.
Inventory & MSI
The Total Inventory of Properties available for sale as of
August was 4,532, up 2.5% from 4,420 last month and up 12.0% from
4,047 inAugust of last year. August 2011 Inventory was at highest
level compared to August of 2010 and 2009.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The August 2011 MSI of 8.3 months
wats highest level compared with August of 2010 and 2009.
Market Time
The average Days On Market(DOM) shows how many days the average
Property is on the Market before it sells. An upward trend in
DOMends to indicate a move towards more of a Buyer's market, a
downward trend a move towards more of a Seller's market. The DOM
for Au
was 65, up 8.3% from 60 days last month and down -5.8% from 69
days in August of last year. The August 2011 DOM was at a mid
rangompared with August of 2010 and 2009.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and Average
Sales prian be impacted by the 'mix' of high or low end Properties
in the market, the selling price per square foot is a more
normalized indicator onirection of Property values. The August 2011
Selling Price per Square Foot of $139 was down -1.4% from $141 last
month and down -0.rom $140 in August of last year.
-
8/4/2019 Hartford County Aug 2010 Through Aug 2011
3/3
MARKET ACTION REPORT
August 201
County: HartfordKevin Paradis
Sales Associate(860) [email protected](860)
212-9661
Price Range: ALL | Properties: Single Family Home
Based on information from Connecticut Multiple Listing Service,
Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS
reporting methods and allowablereporting policy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the
dataaccuracy. Data maintained by the MLS's may not reflect all real
estate activity in the market.
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their original
list price.The lower the ratio is below 100% the more of a Buyer's
market exists, a ratio at or above 100% indicates more of a
Seller's market. The
August 2011 Selling Price vs Original List Price of 95.8% was
down from 96.1% last month and down from 95.9% in August of last
year.
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the bnnual seasonality of the market as well as the
relationship between these items. The number of New Listings in
August 2011 was 939, do.6% from 984 last month and down -6.0% from
999 in August of last year.
