BHHS New England Properties 2014 Q4 Connecticut Market Report

Fourth Quarter 2014Connecticut Market Report

This issue

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Welcome to Berkshire Hathaway HomeServices New England Properties’ Fourth Quarter Connecticut Market Report, our examination of the single family and condominium markets in Connecticut.

2014 proved to be consistent with 2013 sales volume and pricing with 26,340 total sales and an average sales price of $411,400. Condominium sales continued to see robust gains in both average price and number of sales with 1.47% and 0.6% increases respectively. The luxury market saw an uptick in sales at all price points, with a 10% increase in sales over $5 million. When reviewing the Fourth Quarter specifically, closed sales were up slightly year over year, average price continued to drop while days on market remained consistent. Those properties priced properly in their market and in show-ready condition continued to sell at asking price in fewer days than competitive homes. Inventory decreased this quarter which will be beneficial to sellers who have already listed their home as the spring market quickly approaches.

In 2015 we anticipate that interest rates will begin to increase as employment, as well as GDP, continue to grow at a moderate pace. First time homebuyers, as well as those returning to homeownership, will see a number of great opportunities in 2015, with lenders increasing the maximum loan to value to 97% from 95% and FHA reducing the annual mortgage insurance premium by .50 bps, allowing more customers to qualify.

At Berkshire Hathaway HomeServices New England Properties, our mission is to provide an unparalleled customer service experience throughout all aspects of the home transaction process. If you have any questions regarding this report, Berkshire Hathaway HomeServices New England Properties REAlToRS® are here to help you navigate the current market with expert knowledge and exceptional service.

President and CEo

Prepared by:

Candace Adams, President/CEO, [email protected] Redican, Director of Marketing, [email protected] Pruner, REALTOR®, Greenwich Office, [email protected] - The Luxury Market Report

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ct market report • 3

Contents

CoNNECTICuT ovERvIEW

THE luxuRy MARkET

FAIRFIElD CouNTy

HARTFoRD CouNTy

lITCHFIElD CouNTy

MIDDlESEx CouNTy

NEW HAvEN CouNTy

NEW loNDoN CouNTy

TollAND CouNTy

WINDHAM CouNTy

Avon • www.35WesthillsDrive.bhhsNeproperties.com

Cover Photo: Greenwichwww.26GlenAvonDrive.bhhsNEproperties.com

Information here-in is based in whole or part on reports supplied by Collateral Analytics and area Multiple listing Services (MlS), for residential property transactions as of December 31st, 2014, and is being provided “as is.” Data maintained by an MlS may not reflect all real estate activity in the market. It is deemed reliable but not guaranteed.

http://www.G10005809.bhhsneproperties.com

http://www.26GlenAvonDrive.bhhsNEproperties.com

Connecticut Market Overview Q4-2014

back to table of contents • www.bhhsNEproperties.com ct market report • 4

2014 By THE NuMBERS

AVERAGE SALES PRICE MEDIAN SALES PRICE SALES DAyS oN MARkEt DoLLAR VoLuMEQTR 42014

%CHG13-14

QTR 42014

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FAIRFIELD CouNty

1 Family $780,900 -4.2% $450,000 0.0% 1767 -3.9% 147 -2.6% $1,379,798,000 -7.9%

Condo $332,000 4.1% $250,000 -3.8% 608 -0.5% 125 -5.6% $201,847,000 3.6%

HARtFoRD CouNty

1 Family $240,400 -4.4% $200,000 -3.5% 1581 -5.4% 74 7.5% $380,095,000 -9.6%

Condo $169,600 0.8% $145,000 -3.3% 449 6.4% 79 -7.4% $76,131,000 7.3%

LItCHFIELD CouNty

1 Family $414,100 18.8% $224,900 2.2% 387 9.3% 150 6.3% $160,242,000 29.9%

Condo $122,400 -9.4% $104,000 -1.0% 56 -1.8% 119 -32.6% $6,855,000 -10.9%

MIDDLESEX CouNty

1 Family $298,400 -9.3% $251,500 1.3% 382 20.9% 89 -11.2% $113,979,000 9.6%

Condo $153,000 -15.7% $124,500 -19.5% 75 21.0% 115 37.3% $11,473,000 2.0%

NEW HAVEN CouNty

1 Family $246,200 -1.5% $207,000 0.9% 1419 2.4% 96 3.4% $349,310,000 0.8%

Condo $155,800 4.9% $125,000 -2.2% 407 -0.7% 93 -6.0% $63,398,000 4.1%

NEW LoNDoN CouNty

1 Family $256,000 4.2% $200,000 -3.6% 517 4.0% 106 7.8% $132,349,000 8.4%

Condo $139,600 19.8% $133,500 33.5% 60 -4.8% 115 19.2% $8,378,000 14.1%

toLLAND CouNty

1 Family $226,700 -9.5% $206,400 -9.0% 258 5.7% 89 0.2% $58,487,000 -4.3%

Condo $179,500 16.9% $149,500 12.8% 36 -21.7% 63 -51.9% $6,461,000 -8.5%

WINDHAM CouNty

1 Family $170,800 -4.5% $155,000 -6.1% 201 5.2% 97 1.0% $34,321,000 0.5%

Condo $188,000 47.7% $210,000 69.4% 11 -31.2% 47 -80.5% $2,068,000 1.6%

• Connecticut’s condominium market saw increases in both number of sales and sales volume in 2014 by 0.6% and 2.1% respectively.

• The year ended with one of the lowest mortgage interest rates of the year: 3.875% for a conforming 30 year fixed loan. In 2014, rates stayed near historic lows in response to slow, but steady growth in employment and GDP.

• Days on market for single family homes dropped by 3.6% when compared to 2013, down to 103 days.

• Sales over $2 million jumped by 16 units or 3%.

http://www.bhhsneproperties.com/default.aspx



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NEW HouSING PERMITS

According to the National Association of Home Builders, sales of newly built, single family homes dropped 11.6% in November. In Connecticut, new housing permit data provided by the Connecticut Department of Economic and Community Development, shows a 15.4% increase year over year for single and multi-unit residential housing through November. Permits issued for 3-4 units and 5+ units showed the largest growth year to date with 90.2% and 41.0% increases respectively.

CloSED SAlES & CoNTRACTS SIGNED

There were 6,512 closed sales for single family homes during Fourth Quarter 2014, up 0.2% year over year. Condominium sales increased as well with 1,702 closed sales. Pending sales, or contracts signed on single family homes were down slightly by 0.8%, while signed contracts for condominiums dropped to its lowest number in two years with only 1,359 contracts signed.

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STATEWIDE SAlES voluME

Sales volume for single family homes decreased to $2.6 billion, down 3.76% when compared to Fourth Quarter 2013. Sales volume rose most notably in litchfield and Middlesex Counties by 29.9% and 9.6% respectively. Statewide condominium dollar volume was $376,610,000, a 4.0% increase year over year.

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-4.7%Q3 2014 vs Q3 2013

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Condominium

-3.76%Q4 2014 vs Q4 2013

+4.03%

Q4 2014 vs Q4 2013

HoME PRICES

year over year median prices for both single family and condominium home values are only slightly lower by percentage this quarter with single family home median sale price at $242,000. Average condominium sale price is up 3.1% statewide to $221,300 with Windham and New london Counties showing increases of 47.7% and 19.8% respectively.

Average Sales Price Single Family

Average Sales Price Condominium

Median Sales Price Single Family

Median Sales Price Condominium

Q3 2014 $420,600 $234,000 $265,000 $165,000

Change -4.8% -5.4% -8.7% -3.3%

Q4 2014 $400,600 $221,300 $242,000 $160,000

Q4 2013 $417,100 $214,600 $247,000 $163,000

Change -4.0% 3.1% -2.0% -1.8%

Q4 2014 $400,600 $221,300 $242,000 $160,000




The Luxury Market

Greenwich • www.31OwenokeWay.bhhsNEproperties.com

High end sales typically follow a seasonal pattern with sales peaking in the third quarter; a pattern that repeated itself in 2014 for the $2-3 million market. The over $3 million market showed surprising strength with 49 fourth quarter sales in 2014 compared to 48 sales the same time last year. The over $5 million also had more sales in fourth quarter 2014 than in the third quarter, with 25 sales versus 22.

FouRTH QuARTER luxuRy SAlES

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Luxury Sales Over $5 Million $3-$5 Million $2-$3 Million


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Q4-2014


The Luxury Market

Sales of luxury properties over $2 million jumped by 16 units, or 3%. This increase was led by an increase of 15 house sales from $3 – 5 million or 9%. The increase over $5 million was even better with a 10% increase or 7 units. While 7 houses is not a large increase in unit sales it represents over $35 million in increased sales which is a significant investment in Connecticut.

Both New london County and New Haven County saw large jumps in sales over $2 million. Sales tripled in New london County and almost doubled in New Haven County. By far the largest number of sales of properties over $2 million in Connecticut is in Fairfield County. In 2014, 578 houses were sold for more than $2 million while the total of the other five counties was 40 sales or 6% of the luxury market.

ToTAl uNIT SAlES By CouNTy

SAlES ovER $2 MIllIoN IN 2014

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CT Sales >$2M by Year and County

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CT - MIDDLESEX

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CT - HARTFORD

FAIRFIELD HARtFoRD LItCHFIELD MIDDLESEX NEW HAVEN NEW LoNDoN Ct totAL

2012 $1,705,215,562 $16,465,000 $41,530,000 $17,100,000 $40,650,000 $4,850,000 $1,825,810,562

2013 $1,985,068,175 $7,500,000 $49,055,000 $20,490,000 $20,002,750 $5,400,000 $2,087,515,925

2014 $2,031,790,503 $7,826,492 $58,362,500 $7,600,000 $34,497,500 $15,705,000 $2,155,781,995

Total $5,722,074,240 $31,791,492 $148,947,500 $45,190,000 $95,150,250 $25,955,000 $6,069,108,482

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Q4-2014


overall 2014 was a good year for luxury sales in Connecticut with 617 units sold statewide for over $2 million. of these, slightly less than half or 288 units were sold in Greenwich. Greenwich had 16 properties sell for over $10 million which brought the average sale to $4 million dollars. Westport and New Canaan combined represent about a quarter of the statewide sales volume and unit sales in Connecticut with $260 million in sales. The highest average luxury sales price went to the Town of Washington, CT with a $4.3 million average for its 5 sales.

luxuRy SAlES By CITy AND ToWN

The Luxury Market

RANk by $ VoLuME toWN SALES totAL

$ SALESAVERAGE

SALESPERCENt by

uNItSPERCENt by

DoLLAR

1 GREENWICH 288 $1,158,883,292 $4,023,900 46.7% 53.8%

2 WESTPoRT 88 $261,351,160 $2,969,900 14.3% 12.1%

3 NEW CANAAN 83 $258,885,175 $3,119,098 13.5% 12.0%

4 DARIEN 68 $201,436,743 $2,962,305 11.0% 9.3%

5 FAIRFIElD 16 $54,451,500 $3,403,219 2.6% 2.5%

6 NoRWAlk 16 $50,147,633 $3,134,227 2.6% 2.3%

7 MADISoN 7 $18,687,500 $2,669,643 1.1% 0.9%

8 WASHINGToN 5 $23,350,000 $4,670,000 0.8% 1.1%

9 STAMFoRD 5 $12,887,500 $2,577,500 0.8% 0.6%

10 RIDGEFIElD 4 $11,212,500 $2,803,125 0.6% 0.5%

11 WIlToN 4 $10,967,500 $2,741,875 0.6% 0.5%

12 SHARoN 3 $12,547,500 $4,182,500 0.5% 0.6%

13 GRoToN 3 $7,830,000 $2,610,000 0.5% 0.4%

14 WESToN 3 $7,317,500 $2,439,167 0.5% 0.3%

15 WARREN 2 $7,050,000 $3,525,000 0.3% 0.3%

16 GuIlFoRD 2 $6,060,000 $3,030,000 0.3% 0.3%

17 FARMINGToN 2 $5,776,492 $2,888,246 0.3% 0.3%

18 MIlFoRD 2 $4,775,000 $2,387,500 0.3% 0.2%

19 ESSEx 2 $4,300,000 $2,150,000 0.3% 0.2%

20 BRIDGEWATER 1 $4,300,000 $4,300,000 0.2% 0.2%

21 lITCHFIElD 1 $3,815,000 $3,815,000 0.2% 0.2%

22 olD SAyBRook 1 $3,300,000 $3,300,000 0.2% 0.2%

23 BRANFoRD 1 $2,875,000 $2,875,000 0.2% 0.1%

24 MySTIC 1 $2,850,000 $2,850,000 0.2% 0.1%

25 SToNINGToN 1 $2,825,000 $2,825,000 0.2% 0.1%

26 RoxBuRy 1 $2,800,000 $2,800,000 0.2% 0.1%

27 SAlISBuRy 1 $2,275,000 $2,275,000 0.2% 0.1%

28 kENT 1 $2,225,000 $2,225,000 0.2% 0.1%

29 BRIDGEPoRT 1 $2,200,000 $2,200,000 0.2% 0.1%

30 WATERFoRD 1 $2,200,000 $2,200,000 0.2% 0.1%

31 WooDBRIDGE 1 $2,100,000 $2,100,000 0.2% 0.1%

32 AvoN 1 $2,050,000 $2,050,000 0.2% 0.1%

33 SHERMAN 1 $2,050,000 $2,050,000 0.2% 0.1%

tOtal 2014 617 $2,155,781,995 $3,493,974 100.0% 100%



Fairfield County

Greenwich • www.26GlenavonDrive.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN

MIDDLESEX NEW LONDON

WINDHAM

TOLLANDHARTFORDLITCHFIELD


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Q4-2014


Q4 2013


Fairfield County

Fairfield County’s condominium market saw gains over last year with a 4.1% increase in average price and 5.6% decrease in days on market. Sales remained consistent year over year which confirms the demand for condominium properties in lower Connecticut. Single family home sales decreased by 3.9% to 1,767 sales but days on market also decreased again. Rental prices in Fairfield County continued to decrease this quarter with an average price of $2,300.

SINGlE FAMIly AND CoNDo RATIo

AvERAGE AND MEDIAN SAlES PRICE

Number of Sales

Days on Market

Q4 2014 2375 141

Q3 2014 2995 126

Q2 2014 2860 144

Q1 2014 1666 157

Q4 2013 2450 146

CondominiumsSingle Family

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Q4 2014



Q4-2014


Fairfield County


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bEtHEL

1 Family $287,000 -4.8% $288,500 -0.9% 36 -5.3% 143 9.4% $10,333,000 -9.8%

Condo $279,000 34.5% $245,000 30.7% 18 100.0% 117 -3.4% $5,022,000 169.1%

bRIDGEPoRt

1 Family $149,200 16.5% $141,800 11.0% 138 4.5% 118 -15.4% $20,584,000 21.8%

Condo $74,900 -12.7% $62,800 -10.4% 62 37.8% 104 -33.8% $4,645,000 20.3%

bRookFIELD

1 Family $396,200 4.3% $367,500 10.5% 36 -28.0% 138 8.6% $14,265,000 -24.9%

Condo $231,300 -19.3% $180,000 -35.0% 23 -39.5% 125 -16.8% $5,321,000 -51.2%

DANbuRy

1 Family $271,600 -0.1% $255,000 7.4% 102 -8.1% 174 8.7% $27,705,000 -8.2%

Condo $209,900 -8.9% $197,500 -6.4% 80 -30.4% 144 8.5% $16,792,000 -36.6%

DARIEN

1 Family $1,463,000 -4.2% $1,430,000 10.0% 71 -2.7% 121 0.7% $103,874,000 -6.9%

Condo $435,400 -49.8% $541,000 -20.4% 8 166.7% 55 -67.5% $3,483,000 34.0%

EAStoN

1 Family $617,900 7.3% $582,500 2.6% 24 -7.7% 176 14.6% $14,830,000 -1.0%

Condo - - - - - - - - - -

FAIRFIELD

1 Family $733,200 -14.2% $545,000 -2.4% 120 -23.1% 119 -29.1% $87,985,000 -34.0%

Condo $444,600 19.9% $425,000 32.8% 21 61.5% 119 -10.9% $9,336,000 93.7%

GREENWICH

1 Family $2,423,700 -8.5% $1,775,000 -1.9% 149 0.7% 171 25.2% $361,136,000 -7.9%

Condo $891,500 6.7% $760,000 16.9% 50 25.0% 153 16.8% $44,573,000 33.3%

MoNRoE

1 Family $353,000 15.4% $337,500 12.5% 30 -23.1% 157 -1.9% $10,591,000 -11.2%

Condo $195,000 4.3% $190,000 0.0% 13 44.4% 122 -29.1% $2,535,000 50.6%

NEW CANAAN

1 Family $1,863,600 2.7% $1,562,500 -2.3% 58 5.5% 181 -4.8% $108,088,000 8.3%

Condo $854,400 -12.8% $892,500 6.3% 10 42.9% 130 15.2% $8,544,000 24.6%

NEW FAIRFIELD

1 Family $374,100 -2.8% $345,000 0.7% 46 7.0% 136 -38.2% $17,209,000 4.0%

Condo $324,100 - $324,900 - 5 - 97 - $1,620,000 -

NEWtoWN

1 Family $368,800 -4.4% $360,000 5.9% 79 8.2% 154 -8.1% $29,137,000 3.5%

Condo $460,000 36.8% $464,600 22.3% 12 9.1% 128 -45.9% $5,520,000 49.2%

NoRWALk

1 Family $636,300 10.3% $439,500 5.9% 148 2.8% 144 -5.3% $94,166,000 13.4%

Condo $284,200 15.3% $265,000 16.7% 83 31.7% 129 5.9% $23,590,000 52.0%

REDDING

1 Family $533,600 -16.3% $547,000 -12.6% 21 -4.5% 176 -3.8% $11,206,000 -20.1%

Condo - - - - - - - - - -


Q4-2014


Fairfield County


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RIDGEFIELD

1 Family $640,400 -25.0% $585,000 -14.0% 59 -21.3% 174 -4.2% $37,782,000 -41.0%

Condo $267,900 -15.1% $211,500 14.3% 14 7.7% 244 113.1% $3,751,000 -8.6%

SHELtoN

1 Family $359,100 8.9% $342,500 15.5% 91 21.3% 139 22.6% $32,679,000 32.1%

Condo $242,000 -10.4% $214,000 -4.0% 27 -25.0% 130 -12.0% $6,535,000 -32.8%

SHERMAN

1 Family $646,600 54.5% $534,500 54.9% 11 -26.7% 319 104.7% $7,113,000 13.3%

Condo - - - - - - - - - -

StAMFoRD

1 Family $676,600 -5.3% $575,000 -4.2% 177 9.3% 121 -10.7% $119,753,000 3.4%

Condo $350,100 1.4% $320,000 3.4% 131 -10.3% 105 -12.4% $45,860,000 -9.0%

StRAtFoRD

1 Family $237,700 -2.3% $225,000 0.0% 106 2.9% 156 16.3% $25,199,000 0.5%

Condo $171,000 -6.6% $163,500 0.3% 30 -3.2% 141 9.4% $5,131,000 -9.6%

tRuMbuLL

1 Family $364,100 -6.0% $330,000 -7.0% 92 -15.6% 98 -20.1% $33,500,000 -20.7%

Condo $365,800 13.6% $333,000 2.8% 9 -10.0% 100 -37.3% $3,292,000 2.3%

WEStoN

1 Family $929,200 14.6% $851,000 37.3% 32 -8.6% 221 50.9% $29,734,000 4.8%

Condo - - - - - - - - - -

WEStPoRt

1 Family $1,517,100 0.2% $1,250,000 4.2% 93 -9.7% 172 4.6% $141,087,000 -9.5%

Condo $539,800 -2.3% $500,000 31.6% 9 80.0% 120 21.7% $4,858,000 75.9%

WILtoN

1 Family $871,700 -14.9% $811,500 8.6% 48 -7.7% 159 -21.9% $41,844,000 -21.5%

Condo $478,800 14.1% $519,000 40.7% 3 -82.4% 86 -7.4% $1,437,000 -79.9%



Hartford County

avon • www.24ParkerRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



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Q4-2014


Q4 2014


Q4 2013


Hartford County

Hartford County’s single family home sales dropped by 5.4% this quarter. Total dollar volume in sales was $380,095,000, down 9.6% for single family homes and $76,131,000, up 7.3% for condominiums. The average sales price of single family homes was $240,400, down 4.4% from 2013 pricing and the average for condominiums was $169,600, up 0.8%. Average rental prices increased year over year to $2,100 per month.


Number of Sales

Days on Market

Q4 2014 2030 75

Q3 2014 2587 66

Q2 2014 2273 71

Q1 2014 1432 80

Q4 2013 2094 72



Q4 2013 Q4 2014

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Q4-2014


Hartford County


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AVoN

1 Family $452,300 -35.0% $406,000 -21.5% 66 22.2% 69 -13.7% $29,850,000 -20.5%

Condo $270,700 16.5% $270,000 22.7% 25 56.3% 78 21.9% $6,766,000 82.0%

bERLIN

1 Family $267,300 -8.5% $252,500 -6.5% 37 -21.3% 54 -29.4% $9,890,000 -28.0%

Condo $223,700 -1.8% $226,100 -4.8% 12 20.0% 107 112.1% $2,685,000 17.9%

bLooMFIELD

1 Family $181,900 9.0% $176,000 10.8% 44 -6.4% 96 19.0% $8,004,000 2.0%

Condo $250,700 -22.7% $245,500 -30.6% 16 14.3% 95 -2.8% $4,011,000 -11.7%

bRIStoL

1 Family $177,800 4.6% $170,000 9.7% 111 -15.9% 65 -13.4% $19,732,000 -12.0%

Condo $110,300 -2.2% $104,900 7.0% 33 13.8% 116 0.6% $3,641,000 11.3%

buRLINGtoN

1 Family $376,400 12.9% $380,000 23.8% 23 -34.3% 113 77.2% $8,658,000 -25.8%

Condo - - - - - - - - - -

CANtoN

1 Family $375,600 18.4% $300,000 7.5% 28 21.7% 72 -12.2% $10,516,000 44.1%

Condo $153,600 24.5% $151,000 22.8% 5 -16.7% 83 28.7% $768,000 3.7%

EASt GRANby

1 Family $246,600 -5.4% $228,500 -8.6% 14 -6.7% 97 151.0% $3,452,000 -11.7%

Condo $100,500 22.6% $100,500 22.6% 2 100.0% 59 30.0% $201,000 145.1%

EASt HARtFoRD

1 Family $134,300 8.3% $136,000 6.7% 98 -4.9% 80 13.2% $13,157,000 3.0%

Condo $104,500 26.0% $88,800 40.9% 10 -9.1% 78 -33.4% $1,045,000 14.6%

EASt WINDSoR

1 Family $160,600 11.5% $134,000 -24.5% 11 57.1% 124 4.7% $1,767,000 75.2%

Condo $150,100 -26.0% $148,500 -27.6% 8 -38.5% 62 -66.2% $1,201,000 -54.5%

ENFIELD

1 Family $164,000 2.8% $163,000 3.3% 112 24.4% 69 0.0% $18,374,000 28.0%

Condo $169,000 10.0% $140,000 -6.0% 17 6.3% 78 -32.1% $2,873,000 16.9%

FARMINGtoN

1 Family $560,400 33.1% $431,300 21.5% 28 -31.7% 77 6.9% $15,691,000 -9.1%

Condo $232,900 11.0% $190,000 8.6% 25 0.0% 75 11.2% $5,821,000 11.0%

GLAStoNbuRy

1 Family $357,900 -4.3% $349,900 9.4% 67 -21.2% 66 21.9% $23,977,000 -24.5%

Condo $173,900 2.0% $160,000 -0.6% 22 -8.3% 76 -27.5% $3,826,000 -6.5%

GRANby

1 Family $240,100 -15.1% $235,000 -0.8% 21 -34.4% 63 -27.5% $5,042,000 -44.3%

Condo $178,500 -20.7% $181,500 -19.3% 4 300.0% 94 64.5% $714,000 217.3%

HARtFoRD

1 Family $138,400 -18.4% $134,000 13.7% 58 -24.7% 85 32.1% $8,026,000 -38.5%

Condo $121,500 13.8% $82,500 42.2% 24 14.3% 49 -57.4% $2,915,000 30.0%


Q4-2014


Hartford County


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MANCHEStER

1 Family $180,100 -0.8% $170,000 0.9% 107 -2.7% 72 -6.3% $19,271,000 -3.5%

Condo $116,000 -23.7% $116,000 -17.1% 21 0.0% 103 135.9% $2,437,000 -23.7%

MARLboRouGH

1 Family $253,900 -9.5% $233,200 -13.0% 26 23.8% 111 37.8% $6,601,000 12.1%

Condo $218,500 25.5% $218,500 25.5% 2 100.0% 51 2450.0% $437,000 151.1%

NEW bRItAIN

1 Family $122,800 -7.6% $122,200 -2.2% 80 -11.1% 65 -7.9% $9,823,000 -17.9%

Condo $88,600 -5.7% $77,900 -18.8% 17 0.0% 64 -16.3% $1,505,000 -5.7%

NEWINGtoN

1 Family $206,600 -8.7% $208,500 4.8% 68 13.3% 57 8.0% $14,048,000 3.5%

Condo $169,100 0.7% $149,500 -9.4% 32 10.3% 64 -7.7% $5,410,000 11.1%

PLAINVILLE

1 Family $188,200 4.1% $183,300 4.7% 34 -2.9% 75 73.0% $6,398,000 1.2%

Condo $153,600 22.4% $122,000 6.1% 19 35.7% 47 -42.9% $2,917,000 66.1%

RoCky HILL

1 Family $271,100 -4.1% $247,000 4.0% 28 3.7% 86 -7.7% $7,590,000 -0.5%

Condo $142,700 -25.2% $155,500 -22.0% 16 -20.0% 72 35.9% $2,283,000 -40.2%

SIMSbuRy

1 Family $290,500 -3.9% $280,000 -0.7% 41 -14.6% 92 38.9% $11,911,000 -17.9%

Condo $162,200 21.3% $127,100 -1.5% 15 -16.7% 79 16.5% $2,433,000 1.1%

SoutH WINDSoR

1 Family $300,000 -1.2% $271,700 6.6% 58 5.5% 47 7.5% $17,402,000 4.2%

Condo $144,800 4.5% $125,000 -1.6% 23 -17.9% 70 -0.3% $3,330,000 -14.2%

SoutHINGtoN

1 Family $280,100 -3.2% $291,000 13.7% 70 -19.5% 76 13.1% $19,604,000 -22.1%

Condo $173,700 -13.0% $181,000 -8.9% 19 -5.0% 81 36.9% $3,301,000 -17.3%

SuFFIELD

1 Family $348,900 20.3% $290,000 15.2% 28 -12.5% 136 7.0% $9,768,000 5.3%

Condo $189,700 -7.9% $165,000 2.6% 9 12.5% 147 136.7% $1,708,000 3.6%

WESt HARtFoRD

1 Family $310,800 -7.3% $276,000 -6.4% 147 -6.4% 61 4.2% $45,690,000 -13.2%

Condo $253,900 22.2% $242,500 50.2% 29 -6.5% 48 -37.1% $7,364,000 14.3%

WEtHERSFIELD

1 Family $221,200 -6.8% $213,500 -5.1% 78 6.8% 76 26.6% $17,250,000 -0.4%

Condo $114,900 22.4% $104,000 62.5% 16 220.0% 103 22.6% $1,839,000 291.7%

WINDSoR

1 Family $192,300 7.2% $170,000 2.4% 59 -15.7% 94 32.1% $11,343,000 -9.6%

Condo $162,300 -1.4% $168,000 -11.5% 19 46.2% 88 23.2% $3,085,000 44.1%

WINDSoR LoCkS

1 Family $186,100 3.2% $179,900 7.1% 39 105.3% 55 0.5% $7,257,000 111.8%

Condo $179,200 -15.4% $139,900 -36.7% 9 -10.0% 113 -50.8% $1,613,000 -23.9%



Litchfield County

Winchester • www.147ChapelRoad.bhhsneproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.147ChapelRoad.bhhsneproperties.com

Q4-2014


Litchfield County

Single family home sales in litchfield County saw the biggest gains across the state this quarter with increases in average sales price and number of sales. Sales volume increased by 29.9% to $160,242,000 when compared to Fourth Quarter 2013. Condominium average price decreased by 9.4% to $122,400 and days on market decreased 32.6% to 119 days. Average rental prices increased 9.4% to $1,600 per month.

Number of Sales

Days on Market

Q4 2014 443 146

Q3 2014 502 120

Q2 2014 394 133

Q1 2014 282 162

Q4 2013 411 146




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Litchfield County


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bARkHAMStED

1 Family $236,700 -2.2% $246,000 36.7% 11 83.3% 168 302.5% $2,604,000 79.3%

Condo - - - - - - - - - -

bEtHLEHEM

1 Family $286,000 -17.1% $276,500 2.0% 8 0.0% 235 27.8% $2,288,000 -17.1%

Condo - - - - - - - - - -

bRIDGEWAtER

1 Family $992,300 214.9% $550,000 84.9% 11 83.3% 304 0.3% $10,915,000 477.3%

Condo $200,000 - $200,000 - 2 - 120 - $400,000 -

CANAAN

1 Family $149,500 12.7% $135,000 -9.1% 8 60.0% 202 16.1% $1,196,000 80.3%

Condo - - - - - - - - - -

CoLEbRook

1 Family $226,000 -38.5% $226,000 -14.7% 2 -60.0% 154 -41.4% $452,000 -75.4%

Condo - - - - - - - - - -

CoRNWALL bRIDGE

1 Family $487,500 111.5% $487,500 111.5% 1 -50.0% 237 20.6% $488,000 5.7%

Condo - - - - - - - - - -

GoSHEN

1 Family $484,400 23.6% $352,500 32.3% 17 21.4% 249 54.7% $8,236,000 50.1%

Condo - - - - - - - - - -

HARWINtoN

1 Family $219,200 -21.2% $191,500 -26.9% 18 20.0% 95 39.1% $3,945,000 -5.4%

Condo $314,000 0.8% $314,000 0.8% 1 0.0% - - $314,000 0.8%

kENt

1 Family $642,200 -55.2% $423,800 28.4% 8 60.0% 239 -12.3% $5,138,000 -28.2%

Condo - - - - - - - - - -

LItCHFIELD

1 Family $689,300 56.8% $420,000 31.0% 17 -5.6% 148 -29.0% $11,717,000 48.1%

Condo $163,000 -29.2% $163,000 -33.2% 1 -83.3% 36 -81.1% $163,000 -88.2%

MoRRIS

1 Family $217,000 -35.0% $217,000 -14.9% 2 -60.0% 25 -73.6% $434,000 -74.0%

Condo - - - - - - - - - -

NEW HARtFoRD

1 Family $266,200 9.2% $255,000 41.7% 17 30.8% 89 -19.9% $4,525,000 42.8%

Condo $83,500 -7.2% $83,500 -7.2% 1 0.0% 35 2.9% $84,000 -7.2%

NEW MILFoRD

1 Family $281,200 -24.9% $261,000 0.4% 31 -16.2% 128 50.0% $8,718,000 -37.1%

Condo $152,800 -29.4% $133,800 -40.6% 6 50.0% 72 -65.2% $917,000 6.0%

NoRFoLk

1 Family $330,000 -55.0% $275,000 -62.5% 3 200.0% 239 82.2% $990,000 35.1%

Condo - - - - - - - - - -


Q4-2014


Litchfield County


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PLyMoutH

1 Family $190,900 25.7% $198,500 52.7% 8 14.3% 103 -21.5% $1,527,000 43.7%

Condo $130,300 - $130,300 - 2 - 184 - $261,000 -

RoXbuRy

1 Family $856,400 -8.9% $800,000 -1.2% 9 -40.0% 252 -22.5% $7,708,000 -45.4%

Condo - - - - - - - - - -

SALISbuRy

1 Family $678,800 -8.1% $377,500 -37.3% 8 100.0% 152 -18.2% $5,430,000 83.8%

Condo $315,200 - $300,000 - 3 - 53 - $946,000 -

SHARoN

1 Family $876,000 26.2% $150,000 -67.5% 5 25.0% 130 -52.0% $4,380,000 57.7%

Condo - - - - - - - - - -

tHoMAStoN

1 Family $169,300 -12.6% $170,500 -5.2% 15 114.3% 79 19.8% $2,539,000 87.3%

Condo $91,300 -26.6% $95,000 -3.2% 5 25.0% 84 -34.6% $456,000 -8.2%

toRRINGtoN

1 Family $143,100 6.3% $138,000 2.2% 72 -1.4% 92 -0.2% $10,303,000 4.9%

Condo $74,200 1.1% $62,000 -6.1% 19 -9.5% 158 2.1% $1,409,000 -8.5%

WARREN

1 Family $1,891,000 11.3% $1,100,000 29.4% 5 0.0% 542 94.6% $9,455,000 11.3%

Condo - - - - - - - - - -

WASHINGtoN

1 Family $1,979,400 271.3% $1,150,000 194.1% 17 13.3% 304 17.0% $33,651,000 320.8%

Condo - - - - - - - - - -

WAtERtoWN

1 Family $210,800 4.7% $182,000 -5.0% 44 -6.4% 111 9.8% $9,276,000 -2.0%

Condo $144,500 -15.4% $160,000 3.2% 6 50.0% 101 -51.3% $867,000 27.0%

WINCHEStER

1 Family $173,500 24.3% $130,000 -0.8% 29 81.3% 128 13.2% $5,030,000 125.4%

Condo $73,900 -5.2% $65,600 -15.9% 4 100.0% 198 180.5% $296,000 89.6%

WooDbuRy

1 Family $442,800 3.5% $311,000 -29.3% 21 16.7% 146 -19.2% $9,298,000 20.7%

Condo $124,000 -15.8% $89,500 -28.4% 6 -53.8% 92 -61.0% $744,000 -61.1%




Middlesex County

Portland • www.1204tryonSt.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.1204TryonSt.bhhsNEproperties.com

Q4-2014


Middlesex County

Middlesex County saw increases of 9.6% in sales volume and 20.9% in number of sales this quarter. The average sales price of single family homes was $298,400, down 9.3% and the average for condominiums was $153,000, down 15.7%. Average rental prices remained flat compared to Fourth Quarter 2013 at $1,350 per month.

Number of Sales

Days on Market

Q4 2014 457 93

Q3 2014 543 81

Q2 2014 498 89

Q1 2014 325 109

Q4 2013 378 97




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Middlesex County


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CHEStER

1 Family $286,800 -32.4% $235,000 -38.6% 9 28.6% 80 -30.1% $2,582,000 -13.1%

Condo $222,500 - $222,500 - 2 - 55 - $445,000 -

CLINtoN

1 Family $255,300 -12.7% $242,000 -9.5% 40 33.3% 82 22.5% $10,213,000 16.4%

Condo $110,800 -27.6% $109,000 -35.1% 6 100.0% 75 -5.3% $665,000 44.9%

CobALt

1 Family - - - - - - - - - -

Condo - - - - - - - - - -

CRoMWELL

1 Family $242,200 -5.5% $215,000 -15.8% 19 -5.0% 107 72.2% $4,602,000 -10.3%

Condo $165,500 -8.8% $138,000 -1.4% 19 -9.5% 142 46.8% $3,144,000 -17.4%

DEEP RIVER

1 Family $276,300 -5.0% $245,000 -8.8% 13 8.3% 120 80.6% $3,592,000 2.9%

Condo $85,000 -39.9% $85,000 -39.9% 1 -50.0% 296 1276.7% $85,000 -70.0%

DuRHAM

1 Family $253,600 -5.6% $270,000 10.2% 14 7.7% 91 -1.4% $3,551,000 1.6%

Condo - - - - - - - - - -

EASt HADDAM

1 Family $249,300 -29.2% $256,300 -10.5% 15 7.1% 125 -6.5% $3,740,000 -24.1%

Condo - - - - - - - - - -

EASt HAMPtoN

1 Family $246,100 0.0% $194,000 -19.2% 29 3.6% 93 -16.0% $7,136,000 3.5%

Condo $299,000 93.7% $299,000 124.8% 1 -66.7% 364 849.6% $299,000 -35.4%

ESSEX

1 Family $536,600 -20.8% $432,000 -25.2% 22 22.2% 112 -42.6% $11,805,000 -3.2%

Condo $180,000 -25.0% $180,000 -25.0% 1 0.0% 322 323.7% $180,000 -25.0%

HADDAM

1 Family $362,600 2.7% $303,500 -8.3% 8 33.3% 118 -12.9% $2,901,000 36.9%

Condo - - - - - - - - - -

HADDAM NECk

1 Family - - - - - - - - - -

Condo - - - - - - - - - -

kILLINGWoRtH

1 Family $380,600 15.7% $340,000 30.8% 22 144.4% 77 -37.4% $8,372,000 182.9%

Condo - - - - - - - - - -

MIDDLEFIELD

1 Family $224,600 -9.8% $207,500 -17.0% 9 12.5% 92 -19.9% $2,021,000 1.5%

Condo $159,500 - $159,500 - 1 - 366 - $160,000 -


Q4-2014


Middlesex County


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MIDDLEtoWN

1 Family $213,400 -3.7% $197,000 -4.2% 92 17.9% 78 -2.5% $19,637,000 13.6%

Condo $100,600 -7.1% $105,000 22.1% 33 83.3% 87 72.3% $3,319,000 70.4%

oLD SAybRook

1 Family $457,100 -23.9% $327,000 14.7% 41 36.7% 86 -32.4% $18,742,000 3.9%

Condo $330,500 -6.8% $332,000 -7.3% 4 -42.9% 188 203.8% $1,322,000 -46.7%

PoRtLAND

1 Family $197,300 -15.1% $195,300 -18.6% 24 -11.1% 76 -7.1% $4,736,000 -24.5%

Condo $204,400 1.2% $199,300 -1.5% 4 0.0% 38 -56.9% $818,000 1.2%

WEStbRook

1 Family $414,000 -11.1% $332,000 -14.3% 25 56.3% 80 -33.5% $10,350,000 38.9%

Condo $345,800 36.0% $339,900 39.6% 3 0.0% 88 -73.9% $1,037,000 36.0%



New Haven County

FAIRFIELD

NEW HAVEN


WINDHAM


Madison • www.54libertySt.bhhsNEproperties.com


http://www.54LibertySt.bhhsNEproperties.com

Q4-2014


Q4 2014


Q4 2013


New Haven County

The demand for New Haven County’s condominium properties remained strong this quarter with a 4.9% increase in average sales price and 6.0% decrease in days on market. Total dollar volume in sales reached $349,310,000, up 0.8% for single family homes and $63,398,000, up 4.1% for condominiums. The average sales price of single family homes was $246,200, down 1.5% and the average for condominiums was $155,800, up 4.9%. Average rental prices remained consistent at $1,400 per month.

Number of Sales

Days on Market

Q4 2014 1826 95

Q3 2014 2172 83

Q2 2014 1949 88

Q1 2014 1221 98

Q4 2013 1796 94




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New Haven County


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ANSoNIA

1 Family $176,500 -3.9% $165,300 -8.2% 34 25.9% 137 -3.1% $6,000,000 21.0%

Condo - - - - - - - - - -

bEACoN FALLS

1 Family $226,100 -13.7% $222,500 -14.4% 8 14.3% 114 -29.4% $1,809,000 -1.4%

Condo $259,800 32.2% $259,300 17.9% 4 -42.9% 294 5.3% $1,039,000 -24.5%

bEtHANy

1 Family $419,600 51.9% $316,000 12.4% 15 7.1% 91 9.3% $6,293,000 62.7%

Condo - - - - - - - - - -

bRANFoRD

1 Family $320,900 -19.0% $305,900 -12.6% 55 34.1% 90 -28.4% $17,651,000 8.6%

Condo $159,800 -10.6% $154,000 -6.1% 43 -2.3% 90 -10.1% $6,869,000 -12.7%

CHESHIRE

1 Family $333,600 -2.0% $312,000 -0.5% 56 -3.4% 79 17.2% $18,684,000 -5.4%

Condo $271,900 58.9% $212,000 49.3% 17 -19.0% 57 -37.2% $4,622,000 28.6%

DERby

1 Family $174,500 1.6% $152,500 -5.3% 16 14.3% 105 -20.6% $2,793,000 16.1%

Condo $140,600 4.6% $140,700 -0.8% 6 -25.0% 100 20.1% $843,000 -21.5%

EASt HAVEN

1 Family $196,800 12.4% $165,000 -1.2% 53 3.9% 86 -16.4% $10,430,000 16.8%

Condo $165,200 38.7% $142,000 42.0% 21 10.5% 123 62.1% $3,469,000 53.3%

GuILFoRD

1 Family $572,400 38.0% $400,800 14.5% 42 -20.8% 126 20.1% $24,041,000 9.3%

Condo $158,300 9.3% $142,900 24.3% 13 8.3% 114 1.7% $2,058,000 18.5%

HAMDEN

1 Family $193,000 -8.3% $168,500 -15.7% 105 8.2% 103 14.9% $20,262,000 -0.7%

Condo $117,000 10.2% $110,000 26.4% 26 -10.3% 84 14.0% $3,043,000 -1.2%

MADISoN

1 Family $597,400 -5.2% $408,000 -14.1% 49 4.3% 101 -20.2% $29,273,000 -1.1%

Condo $334,600 -3.8% $271,500 -7.2% 12 20.0% 84 -44.4% $4,015,000 15.4%

MERIDEN

1 Family $140,000 -5.6% $135,000 -4.7% 95 -18.1% 73 -2.0% $13,303,000 -22.7%

Condo $86,700 -5.6% $90,500 -5.7% 28 21.7% 99 40.6% $2,428,000 15.0%

MIDDLEbuRy

1 Family $318,900 2.4% $348,300 18.1% 10 -9.1% 124 33.9% $3,189,000 -6.9%

Condo $319,900 113.3% $357,500 138.3% 5 400.0% 48 -31.4% $1,599,000 966.3%

MILFoRD

1 Family $330,900 17.4% $293,000 14.5% 126 13.5% 90 11.3% $41,693,000 33.3%

Condo $224,400 16.1% $197,500 12.9% 30 -14.3% 88 15.1% $6,731,000 -0.5%

NAuGAtuCk

1 Family $140,400 -16.5% $131,300 -20.5% 65 14.0% 113 9.5% $9,125,000 -4.8%

Condo $75,700 -5.8% $70,500 -11.4% 12 71.4% 56 -26.2% $909,000 61.4%


Q4-2014


New Haven County


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NEW HAVEN

1 Family $196,300 10.4% $175,000 25.0% 89 0.0% 101 4.9% $17,474,000 10.4%

Condo $137,800 -18.0% $68,200 -44.9% 24 -25.0% 77 -49.3% $3,308,000 -38.5%

NoRtH bRANFoRD

1 Family $268,500 6.0% $288,500 12.6% 20 100.0% 95 14.5% $5,371,000 111.9%

Condo $163,300 -3.2% $165,000 -4.7% 6 100.0% 135 95.0% $980,000 93.7%

NoRtH HAVEN

1 Family $270,400 -7.5% $252,200 -7.1% 56 3.7% 72 16.6% $15,141,000 -4.1%

Condo $152,300 -33.8% $165,000 -28.3% 5 400.0% 133 535.2% $762,000 231.1%

oRANGE

1 Family $366,800 6.7% $330,000 2.0% 34 -2.9% 103 79.6% $12,471,000 3.6%

Condo - - - - - - - - - -

oXFoRD

1 Family $329,700 -7.6% $318,500 -10.3% 24 41.2% 128 -3.4% $7,913,000 30.4%

Condo $367,300 8.1% $375,000 13.6% 7 133.3% 237 -29.2% $2,571,000 152.3%

PRoSPECt

1 Family $236,200 -9.2% $210,000 -24.1% 19 5.6% 86 29.9% $4,488,000 -4.2%

Condo $313,500 -16.0% $313,500 -16.0% 1 -50.0% 10 -92.2% $314,000 -58.0%

SEyMouR

1 Family $202,900 -13.1% $189,500 -16.5% 32 3.2% 151 11.3% $6,493,000 -10.3%

Condo $131,100 -22.7% $90,800 -44.2% 6 -14.3% 95 -20.6% $786,000 -33.7%

SoutHbuRy

1 Family $351,500 -10.9% $332,900 -16.8% 33 -19.5% 124 35.3% $11,598,000 -28.3%

Condo $127,900 4.1% $112,000 0.0% 50 -2.0% 96 -9.7% $6,397,000 2.0%

WALLINGFoRD

1 Family $252,600 -10.0% $235,000 -2.9% 75 -16.7% 83 -8.2% $18,941,000 -25.0%

Condo $205,400 6.1% $177,500 5.9% 22 -26.7% 91 -25.1% $4,519,000 -22.2%

WAtERbuRy

1 Family $97,700 0.6% $90,000 -0.1% 150 -3.8% 97 7.8% $14,651,000 -3.3%

Condo $61,200 0.7% $55,000 2.8% 43 2.4% 56 6.0% $2,630,000 3.1%

WESt HAVEN

1 Family $157,300 3.5% $155,000 0.1% 92 17.9% 88 1.1% $14,469,000 22.1%

Condo $111,200 -4.5% $99,000 16.4% 19 18.8% 101 28.3% $2,112,000 13.4%

WoLCott

1 Family $205,600 -4.9% $177,500 1.4% 48 54.8% 70 -16.8% $9,869,000 47.3%

Condo $199,200 7.4% $155,000 -9.4% 7 75.0% 158 33.1% $1,394,000 87.9%

WooDbRIDGE

1 Family $327,100 -32.9% $314,500 -25.3% 18 -43.7% 78 -36.3% $5,887,000 -62.2%

Condo - - - - - - - - - -



New London County

Stonington • www.15FrontSt.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.153MontaukAve.bhhsNEproperties.com

Q4-2014


New London County

New london County single family home sales increased 4.0% year over year with sales volume reaching $132,349,000. The average sale price of single family homes was $256,000, up 4.2%, and the average for condominiums was $139,600, up 19.8%. Average rental prices remained flat when compared to third quarter at $1,400 per month.

Number of Sales

Days on Market

Q4 2014 577 107

Q3 2014 662 95

Q2 2014 607 97

Q1 2014 417 104

Q4 2013 560 98



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New London County


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boZRAH

1 Family $124,000 -40.6% $125,500 -44.2% 4 -20.0% 49 64.2% $496,000 -52.5%

Condo - - - - - - - - - -

CoLCHEStER

1 Family $225,000 -7.0% $232,000 -4.9% 39 -11.4% 84 -23.3% $8,777,000 -17.6%

Condo $145,000 -15.2% $145,000 3.8% 3 -62.5% 78 -51.6% $435,000 -68.2%

EASt LyME

1 Family $318,800 -13.0% $267,500 -26.7% 26 -10.3% 90 17.6% $8,290,000 -22.0%

Condo $155,800 46.6% $155,800 46.6% 2 0.0% 26 -72.0% $312,000 46.6%

GRISWoLD

1 Family $219,500 45.8% $187,500 16.7% 27 35.0% 99 9.8% $5,927,000 96.9%

Condo $50,900 28.9% $43,500 15.5% 5 -16.7% 60 47.2% $254,000 7.4%

GRotoN

1 Family $364,700 46.5% $215,000 10.3% 55 41.0% 129 42.3% $20,057,000 106.7%

Condo $126,000 15.5% $121,000 18.0% 17 21.4% 136 76.8% $2,142,000 40.2%

LEbANoN

1 Family $202,900 -13.4% $212,000 -9.6% 17 -39.3% 177 92.0% $3,449,000 -47.4%

Condo - - - - - - - - - -

LEDyARD

1 Family $213,900 0.2% $233,500 7.2% 48 2.1% 95 -3.9% $10,268,000 2.4%

Condo $105,000 48.7% $105,000 54.4% 2 -60.0% 104 249.0% $210,000 -40.5%

LISboN

1 Family $174,300 13.2% $175,000 9.4% 9 -40.0% 72 -36.0% $1,569,000 -32.1%

Condo - - - - - - - - - -

LyME

1 Family $482,400 -27.5% $260,000 -48.7% 5 25.0% 377 208.9% $2,412,000 -9.4%

Condo - - - - - - - - - -

NEW LoNDoN

1 Family $157,100 13.7% $148,500 17.4% 30 -6.2% 90 41.9% $4,713,000 6.6%

Condo $160,900 109.1% $170,000 179.4% 7 75.0% 157 435.8% $1,126,000 266.0%

NoRtH FRANkLIN

1 Family $155,000 -31.3% $155,000 -33.9% 1 -75.0% 17 -57.8% $155,000 -82.8%

Condo - - - - - - - - - -

NoRtH StoNINGtoN

1 Family $304,300 21.1% $285,000 18.3% 6 -57.1% 94 27.3% $1,826,000 -48.1%

Condo - - - - - - - - - -

NoRWICH

1 Family $111,600 -10.2% $116,500 1.7% 78 4.0% 88 -16.4% $8,702,000 -6.6%

Condo $77,500 -17.5% $53,000 -48.0% 9 -30.8% 61 -34.7% $697,000 -42.9%

oLD LyME

1 Family $348,900 -24.9% $320,800 -13.9% 36 20.0% 129 -11.4% $12,561,000 -9.9%

Condo - - - - - - - - - -


Q4-2014


New London County


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PREStoN

1 Family $189,600 -4.1% $182,000 -13.8% 9 -25.0% 62 -64.3% $1,706,000 -28.1%

Condo - - - - - - - - - -

SALEM

1 Family $243,000 13.8% $259,000 17.8% 9 -25.0% 82 18.3% $2,187,000 -14.6%

Condo - - - - - - - - - -

SPRAGuE

1 Family $126,100 -33.6% $141,300 -25.6% 4 100.0% 36 -2.0% $505,000 32.8%

Condo - - - - - - - - - -

StoNINGtoN

1 Family $463,400 22.1% $287,500 -12.6% 56 40.0% 126 41.2% $25,950,000 71.0%

Condo $346,100 1.8% $315,000 0.0% 5 25.0% 162 -19.3% $1,730,000 27.3%

VoLuNtoWN

1 Family $233,900 127.4% $209,000 65.9% 5 0.0% 127 73.9% $1,170,000 127.4%

Condo - - - - - - - - - -

WAtERFoRD

1 Family $219,400 -28.8% $194,900 -27.8% 53 35.9% 100 -14.8% $11,630,000 -3.2%

Condo $147,100 16.9% $141,000 24.8% 10 100.0% 132 121.6% $1,471,000 133.8%



Tolland County

FAIRFIELD

NEW HAVEN


WINDHAM


Ellington • www.40BrookCrossing.bhhsNEProperties.com


www.40BrookCrossing.bhhsNEProperties.com

Q4-2014


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Tolland County

Tolland County single family home sales increased this quarter by 5.7% while average sales price dropped 9.5% to $226,700. The average for condominiums was $179,500, up 16.9%. Days on market for condominiums dropped by 51.9% when compared to Fourth Quarter 2013 to 63 days. Average rental prices remained flat quarter over quarter at $1,350.

Number of Sales

Days on Market

Q4 2014 577 107

Q3 2014 662 95

Q2 2014 607 97

Q1 2014 417 104

Q4 2013 560 98




Q4 2013 Q4 2014


Q4-2014


Tolland County


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ANDoVER

1 Family $185,200 -21.4% $211,400 -15.5% 8 33.3% 122 73.0% $1,482,000 4.9%

Condo - - - - - - - - - -

boLtoN

1 Family $275,500 4.1% $260,000 2.7% 12 -20.0% 112 6.9% $3,306,000 -16.7%

Condo - - - - - - - - - -

CoLuMbIA

1 Family $264,900 16.7% $240,000 -1.0% 16 100.0% 156 101.6% $4,239,000 133.4%

Condo - - - - - - - - - -

CoVENtRy

1 Family $201,900 -18.9% $194,000 -11.1% 37 -7.5% 89 -25.8% $7,469,000 -25.0%

Condo $194,000 28.9% $194,000 26.0% 1 -66.7% 34 -90.6% $194,000 -57.0%

ELLINGtoN

1 Family $294,800 -8.3% $277,800 5.7% 26 -18.7% 95 8.5% $7,665,000 -25.5%

Condo $249,600 45.0% $251,600 128.7% 8 60.0% 42 -67.8% $1,997,000 131.9%

HEbRoN

1 Family $301,100 8.3% $303,800 7.9% 12 33.3% 104 243.0% $3,613,000 44.3%

Condo $254,000 - $254,000 - 1 - 54 - $254,000 -

MANSFIELD

1 Family $224,400 -6.1% $175,000 -8.9% 30 30.4% 55 -22.0% $6,733,000 22.5%

Condo $178,500 5.7% $155,500 4.4% 4 -63.6% 40 -66.6% $714,000 -61.6%

SoMERS

1 Family $269,100 4.8% $236,900 -5.2% 15 -28.6% 110 41.5% $4,037,000 -25.1%

Condo $425,000 - $425,000 - 1 - 98 - $425,000 -

StAFFoRD

1 Family $308,000 - $308,000 - 1 - 185 - $308,000 -

Condo - - - - - - - - - -

toLLAND

1 Family $243,400 -12.0% $220,000 -10.2% 35 -5.4% 68 -14.1% $8,521,000 -16.7%

Condo $371,900 56.3% $371,900 16.2% 1 -66.7% - - $372,000 -47.9%

uNIoN

1 Family $190,000 30.9% $190,000 19.9% 1 -66.7% 31 -75.6% $190,000 -56.4%

Condo - - - - - - - - - -

VERNoN

1 Family $165,500 -12.3% $171,500 0.9% 61 41.9% 85 -11.2% $10,094,000 24.4%

Condo $130,200 -0.4% $125,000 5.7% 19 -13.6% 82 -15.9% $2,473,000 -14.0%

WILLINGtoN

1 Family $208,000 -2.2% $234,500 6.6% 4 -42.9% 35 -58.4% $832,000 -44.1%

Condo $32,000 -78.8% $32,000 -78.8% 1 -50.0% 20 -80.0% $32,000 -89.4%



Pomfret • www.10andersonRoad.bhhsNEproperties.com

Windham County

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.10andersonroad.bhhsneproperties.com

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Q4 2013


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Windham County

Windham County saw an increase in the number of single family home sales with lower prices this quarter. Total dollar volume in sales increased 0.5% year over year reaching $34,321,000. Average prices of single family homes was $170,800, down 4.5%, and the average for condominiums was $188,000, up 47.7%. Average rental prices remained flat year over year at $1,100 per month.

Number of Sales

Days on Market

Q3 2014 112 87

Q2 2014 110 98

Q1 2014 70 97

Q4 2013 92 107

Q3 2013 98 88

Number of Sales

Days on Market

Q4 2014 212 95

Q3 2014 262 87

Q2 2014 220 101

Q1 2014 149 108

Q4 2013 207 108




Q4 2013 Q4 2014 Q4 2014



Q4-2014


Windham County


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ASHFoRD

1 Family $143,600 6.0% $136,000 6.0% 14 133.3% 76 63.5% $2,010,000 147.4%

Condo - - - - - - - - - -

bRookLyN

1 Family $186,700 0.0% $173,500 -15.4% 29 -9.4% 119 23.9% $5,413,000 -9.4%

Condo $247,700 6.3% $257,500 10.5% 3 50.0% 28 -97.2% $743,000 59.5%

CANtERbuRy

1 Family $158,900 -4.0% $146,500 -23.5% 10 66.7% 133 29.8% $1,589,000 59.9%

Condo - - - - - - - - - -

CHAPLIN

1 Family $131,600 -15.4% $157,500 -2.5% 6 50.0% 82 7.2% $790,000 26.9%

Condo - - - - - - - - - -

EAStFoRD

1 Family $302,500 -1.5% $302,500 63.1% 2 -33.3% 62 -54.3% $605,000 -34.3%

Condo - - - - - - - - - -

HAMPtoN

1 Family $195,400 -17.7% $234,000 20.0% 5 66.7% 193 310.6% $977,000 37.2%

Condo - - - - - - - - - -

kILLINGLy

1 Family $139,100 -11.8% $137,000 -8.1% 45 -8.2% 80 -12.6% $6,259,000 -19.0%

Condo - - - - - - - - - -

PLAINFIELD

1 Family $129,100 -21.0% $139,000 -6.7% 21 10.5% 126 59.7% $2,710,000 -12.7%

Condo - - - - - - - - - -

PutNAM

1 Family $142,500 5.5% $142,500 -2.7% 17 -19.0% 108 1.4% $2,422,000 -14.6%

Condo $165,600 35.0% $186,500 65.0% 8 166.7% 54 -62.3% $1,325,000 259.9%

QuINEbAuG

1 Family $145,000 - $145,000 - 1 - 70 - $145,000 -

Condo - - - - - - - - - -

StERLING

1 Family $196,600 59.2% $197,500 31.7% 7 40.0% 103 129.6% $1,376,000 122.9%

Condo - - - - - - - - - -

tHoMPSoN

1 Family $209,900 13.4% $157,500 -10.0% 17 70.0% 90 -25.2% $3,568,000 92.9%

Condo - - - - - - - - - -

WINDHAM

1 Family $151,200 -15.2% $143,500 -9.5% 8 -20.0% 102 2.1% $1,209,000 -32.2%

Condo - - - - - - - - - -

WooDStoCk

1 Family $276,200 2.8% $270,000 -2.5% 19 -17.4% 51 -60.5% $5,247,000 -15.1%

Condo - - - - - - - - - -


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BHHS New England Properties 2014 Q4 Connecticut Market Report

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