BHHS New England Properties 2015 Q3 Connecticut Market Report

Third Quarter 2015Connecticut Market Report

In ThIs IssueOne of the state’s tOp wOrkplaces

Berkshire hathaway homeservices new england Properties

ct market report • 2

Welcome to Berkshire Hathaway HomeServices New England Properties’ Third Quarter 2015 Connecticut Market Report, our examination of the single family and condominium markets throughout Connecticut.

Statewide, the third quarter saw a decrease in pricing but a jump in the number of single family home sales when compared to the last quarter with 9,242 sales – up 14.1%, and a decrease in the number of days on the market. Condominium sales also experienced a jump with 2,227 sales – up 13.1%, but experienced a decrease in pricing and remained flat in the number of days on market. Pending sales are up for both single family homes and condominiums, 5.1% and 18.2% respectively. The number of luxury sales statewide remained flat year over year, however, there was an increase in sales volume due to an 18.8% increase in sales in the $3 - $5 million range and 14.3% in sales over $5 million.

As the market continues to gain momentum in the fourth quarter, buyers and sellers will ride the wave of low interest rates and value priced homes. Most will do it without obstacles, provided they are well versed in the new TRID mortgage regulations. Berkshire Hathaway HomeServices New England Properties Realtors® are educated and well prepared for the new Dodd Frank rules and regulations that we believe will have minimal impact on the market. Sellers will need to get their attorneys involved earlier and buyers should be aware of the fact that they should contact a mortgage professional who is versed on the new process at the onset of their search. Connecticut Home Mortgage, Berkshire Hathaway HomeServices New England Properties’ preferred lender, is available to answer any questions at your local Berkshire Hathaway HomeServices office. To find a licensed mortgage manager near you visit www.CTHM.com.

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.

Candace Adams

President and CEO

Prepared by:

Candace Adams, President/CEO, [email protected] Redican, Director of Marketing, [email protected]

in the newsBerkshire hathaway homeservices new england Properties is excited to be named the #1 Top Workplace in southern Connecticut by hearst Media. This is the 4th consecutive year Berkshire hathaway homeservices new england Properties has been ranked a Top Workplace by hearst Media.

Berkshire hathaway homeservices new england Properties was also ranked the #1 real estate company and the #2 overall Top Workplace in the large category by the hartford Courant and FOX CT. This is the 3rd year Berkshire hathaway homeservices new england Properties has been ranked as a Top Workplace by the hartford Courant and Fox CT.

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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

Greenwich • www.233ByramshoreRd.bhhsneproperties.com

Cover Photo: Greenwichwww.21Walshlane.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 September 30th, 2015, 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.

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Connecticut Market Overview Q3-2015

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

THIRD QuARTER 2015 By THE NuMBERS

AVERAGE SALES PRICE MEDIAN SALES PRICE SALES DAyS oN MARkEt DoLLAR VoLuMEQTR 32015

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FAIRFIELD CouNty

1 Family $839,600 -5.1% $536,000 -4.3% 2227 12.1% 130 -4.1% $1,869,686,000 6.3%

Condo $355,400 -7.2% $278,600 -9.3% 696 17.2% 137 -0.1% $247,390,000 8.7%

HARtFoRD CouNty

1 Family $260,200 -3.0% $220,000 -3.9% 2414 12.9% 112 -3.5% $628,158,000 9.5%

Condo $180,400 -1.2% $157,800 1.8% 624 9.1% 118 -4.0% $112,577,000 7.8%

LItCHFIELD CouNty

1 Family $238,900 -2.3% $195,000 -2.5% 493 12.0% 153 -5.1% $117,781,000 9.5%

Condo $120,300 -20.9% $100,000 -11.5% 77 24.2% 153 4.9% $9,261,000 -1.7%

MIDDLESEX CouNty

1 Family $280,600 -7.8% $250,000 -0.3% 535 11.0% 129 -3.2% $150,129,000 2.4%

Condo $193,400 12.2% $150,000 8.0% 122 24.5% 154 7.2% $23,600,000 39.7%

NEW HAVEN CouNty

1 Family $264,600 -1.3% $229,000 -0.4% 1925 21.1% 129 -1.3% $509,276,000 19.5%

Condo $156,200 -5.7% $130,000 0.0% 522 10.8% 136 1.6% $81,526,000 4.5%

NEW LoNDoN CouNty

1 Family $243,600 -1.1% $208,000 -2.6% 786 9.9% 134 -8.5% $191,493,000 8.8%

Condo $179,100 30.5% $152,000 35.4% 95 -8.7% 154 -8.5% $17,019,000 19.2%

toLLAND CouNty

1 Family $233,900 -2.7% $224,300 0.2% 478 14.4% 123 -2.3% $111,805,000 11.3%

Condo $146,700 -19.7% $126,000 -14.0% 68 23.6% 141 2.1% $9,978,000 -0.7%

WINDHAM CouNty

1 Family $180,700 3.1% $170,000 6.9% 384 17.4% 136 0.0% $69,393,000 21.1%

Condo $131,400 -6.4% $134,900 -21.6% 23 76.9% 175 2.8% $3,022,000 65.7%

• Single family homes saw increases in both number of sales and sales volume yOy by 14.1% and 9.0% respectively.

• Average days on market for single family homes decreased year over year to 126 days (-3.6%).

• Sales $3 - $5 million jumped 18.8% (57 vs. 48 yOy).

• New Haven County saw the largest increase in number of sales when compared to third quarter of 2014 with a 21.1% increase to 1,925 sales.

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Single Family Condominium

ClOSED SAlES & CONTRACTS SIGNED

There were 9,242 closed sales for single family homes during Third Quarter 2015, up 14.1% year over year. Condominium sales increased with 2,227 closed sales (up 13.1% yOy). Pending sales, or contracts signed on single family homes were up by 5.1%, while signed contracts for condominiums jumped 18.2% with 2,258 contracts signed (compared to 1,910 in Third Quarter 2014).

STATEWIDE SAlES vOluME

Sales volume for single family homes increased to $3,647,722,000, and was up 9.0% year over year. Sales volume rose most notably in New Haven, Windham Counties and Tolland Counties by 19.5%, 21.1%, and 11.3% respectively. Condominium sales volume jumped 9.0% year over year ($504,400,000 vs. $462,556,000).

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Statewide Sales Volume

Single Family

Condominium

+8.72%Q3 2015 vs Q3 2014

+8.65%

Q3 2015 vs Q3 2014




HOME PRICES

year over year median prices for both single family homes and condominiums remained relatively flat this quarter with single family home median sale prices at $255,000 and condominiums coming in at $170,000. Average sales price is slightly down for single family homes by 4.3% and condominiums down by 3.4%.

CuRRENT INvENTORy

Supply for single family homes increased 3.1% compared to last year, and went up from 8.9 months to 9.9 months compared to the Second Quarter in 2015. Condominium supply decreased by 2.3% compared to last year, but was up slightly from 8.4 months to 8.5 months from the Second Quarter in 2015.

NEW HOuSING PERMITS

New housing permit data, provided by the Connecticut Department of Economic and Community Development, shows a 3.3% increase year over year for single and multi-unit residential housing through August. Single family homes make up 43.9% of July and August’s permits. Notably, New Haven added 232 units in July, the largest multi-unit housing addition in the third quarter.

Average Sales Price Single Family

Average Sales Price Condominium

Median Sales Price Single Family

Median Sales Price Condominium

Q2 2015 $421,400 $232,300 $254,900 $166,500

Change -6.2% -2.4% 0.0% 2.1%

Q3 2015 $395,400 $226,800 $255,000 $170,000

Q3 2014 $413,300 $234,900 $260,000 $167,000

Change -4.3% -3.4% -1.9% 1.8%

Q3 2015 $395,400 $226,800 $255,000 $170,000

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Number of Sales

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

The Luxury Market

TOTAl uNIT SAlES By COuNTy

The majority of luxury sales in Connecticut were in Fairfield County, with 180 sales. Compared to 2014, there were more sales in the $3 - $5 million range. In addition to Fairfield county; Hartford, litchfield and New Haven counties had sales over $3 million in the third quarter.

FAIRFIELD HARtFoRD LItCHFIELD MIDDLESEX NEW HAVEN NEW LoNDoN Ct totAL

2013 178 0 3 1 1 2 185

2014 179 0 0 2 2 1 184

2015 180 1 1 0 2 2 186

THIRD QuARTER luxuRy SAlES

Sales over $2 million make up the luxury market in Connecticut. The total number of high end sales during the third quarter of 2015 was up 1.1% yOy (186 vs. 184). The $3 - $5 million market showed the largest gains year over year with 57 sales, an 18.8% increase.

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http://94MiddlebrookFarmRd.bhhsneproperties.com

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Fairfield County

Greenwich-Riverside • www.26GlenAvonDrive.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN

MIDDLESEX NEW LONDON

WINDHAM

TOLLANDHARTFORDLITCHFIELD


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

Q3-2015


Fairfield County

Single family home sales in Fairfield County increased by 12.2% year over year and average sales price increased by 5.1%. Sales volume also increased by 6.3% to $1,869,686,000 compared to $1,758,627,000 in the third quarter of 2014. Condominium average price decreased by 7.2% to $355,400 while days on market decreased by 0.1% (122 vs. 125). Average rental prices decreased by 2.2% to $2,844.

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

Q1 2015 1748 155

Q4 2014 2373 143

Q3 2014 2959 127

Q2 2014 2835 145

Q1 2014 1646 158

Number of Sales

Days on Market

Q3 2015 2919 122

Q2 2015 2605 146

Q1 2015 1541 156

Q4 2014 2064 142

Q3 2014 2581 125

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Average Single Family Average Condominium Median Single Family Median Condominium

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CondominiumsSingle Family


Q3-2015


Fairfield County


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BEtHEL

1 Family $300,700 -5.1% $300,000 3.4% 59 90.3% 102 -8.5% $17,743,000 80.6%

Condo $305,500 -8.3% $309,900 -24.9% 25 108.3% 152 21.8% $7,639,000 91.1%

BRIDGEPoRt

1 Family $164,300 -4.9% $160,000 6.0% 137 37.0% 129 -16.3% $22,508,000 30.3%

Condo $88,900 14.1% $83,500 39.1% 50 0.0% 132 13.3% $4,446,000 14.1%

BRookFIELD

1 Family $370,800 1.7% $353,000 14.8% 42 10.5% 145 9.2% $15,575,000 12.4%

Condo $252,000 -11.4% $210,000 -31.1% 15 50.0% 201 11.0% $3,780,000 32.9%

DANBuRy

1 Family $302,900 14.5% $270,000 4.9% 116 5.5% 125 4.5% $35,141,000 20.7%

Condo $221,600 -10.2% $207,500 -19.9% 103 27.2% 144 4.2% $22,829,000 14.2%

DARIEN

1 Family $1,643,200 3.0% $1,475,000 3.5% 119 7.2% 121 -20.6% $195,539,000 10.4%

Condo $628,700 19.4% $690,000 60.5% 9 200.0% 77 -66.9% $5,658,000 258.1%

EAStoN

1 Family $669,700 -1.9% $637,500 1.2% 29 -12.1% 131 14.1% $19,420,000 -13.8%

Condo - - - - - - - - - -

FAIRFIELD

1 Family $805,100 11.8% $625,000 5.9% 227 18.8% 128 -2.5% $182,755,000 32.9%

Condo $460,400 -8.3% $370,000 -25.0% 31 -18.4% 164 24.5% $14,272,000 -25.2%

GREENWICH

1 Family $2,518,800 4.8% $1,850,000 5.7% 183 -3.2% 180 9.2% $460,936,000 1.5%

Condo $904,900 -9.3% $677,000 -10.3% 57 26.7% 156 -8.7% $51,577,000 14.8%

MoNRoE

1 Family $386,900 8.2% $369,500 8.7% 44 18.9% 115 -10.1% $17,025,000 28.7%

Condo $210,700 -2.3% $211,300 -2.2% 16 0.0% 109 0.3% $3,370,000 -2.3%

NEW CANAAN

1 Family $1,554,800 -13.8% $1,440,000 -17.7% 78 1.3% 147 -2.2% $121,273,000 -12.7%

Condo $711,400 -20.1% $493,000 -38.9% 15 -25.0% 137 -28.6% $10,670,000 -40.1%

NEW FAIRFIELD

1 Family $342,700 -5.7% $327,500 -5.1% 41 17.1% 119 -24.8% $14,051,000 10.5%

Condo $301,100 - $317,000 - 10 - 214 - $3,011,000 -

NEWtoWN

1 Family $374,200 -11.7% $340,000 -8.1% 81 2.5% 140 0.1% $30,309,000 -9.5%

Condo $382,400 -13.6% $415,200 -10.5% 13 -7.1% 385 8.8% $4,971,000 -19.8%

NoRWALk

1 Family $550,100 2.8% $452,500 0.6% 211 27.1% 122 -2.2% $116,061,000 30.7%

Condo $309,300 11.8% $260,000 6.6% 89 48.3% 107 -23.9% $27,524,000 65.9%

REDDING

1 Family $515,300 -22.8% $510,000 -16.4% 30 42.9% 156 11.9% $15,459,000 10.3%

Condo - - - - - - - - - -


Q3-2015


Fairfield County


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RIDGEFIELD

1 Family $748,400 -6.4% $695,500 7.0% 96 -15.0% 116 -5.4% $71,846,000 -20.5%

Condo $317,000 5.8% $265,000 11.3% 24 41.2% 154 48.6% $7,608,000 49.4%

SHELtoN

1 Family $302,600 -4.4% $310,000 10.8% 57 50.0% 120 18.7% $17,249,000 43.4%

Condo $318,000 -9.5% $287,000 -13.4% 32 100.0% 116 9.5% $10,175,000 81.1%

SHERMAN

1 Family $349,800 3.5% $298,800 10.6% 6 20.0% 178 3.9% $2,099,000 24.2%

Condo - - - - - - - - - -

StAMFoRD

1 Family $665,600 -2.6% $585,000 -5.3% 234 22.5% 125 3.3% $155,748,000 19.4%

Condo $365,300 -2.2% $318,800 1.2% 143 -7.7% 115 -7.3% $52,234,000 -9.8%

StRAtFoRD

1 Family $237,200 -2.9% $230,000 0.4% 78 -3.7% 116 -9.1% $18,504,000 -6.5%

Condo $160,400 -20.4% $146,000 -20.0% 39 30.0% 136 33.3% $6,254,000 3.5%

tRuMBuLL

1 Family $413,400 -0.5% $375,000 -4.1% 113 7.6% 108 -6.3% $46,709,000 7.1%

Condo $383,600 21.6% $343,800 7.4% 8 -11.1% 140 -2.4% $3,069,000 8.1%

WEStoN

1 Family $911,000 6.7% $830,000 2.8% 50 -10.7% 128 -24.6% $45,551,000 -4.7%

Condo - - - - - - - - - -

WEStPoRt

1 Family $1,455,300 -12.9% $1,290,000 -6.8% 128 16.4% 131 -8.8% $186,277,000 1.3%

Condo $643,900 2.4% $690,000 -2.4% 7 -12.5% 107 -5.9% $4,507,000 -10.4%

WILtoN

1 Family $910,400 -4.1% $819,500 0.1% 68 -2.9% 132 -0.9% $61,907,000 -6.8%

Condo $379,600 -15.1% $329,000 -13.2% 10 11.1% 127 17.7% $3,796,000 -5.7%



Hartford County

Avon • www.217DeercliffRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.217DeercliffRd.bhhsNEproperties.com

Q3-2015


Hartford County

Hartford County’s single family home sales jumped by 12.9% to 2,414 sales this quarter while days on market decreased from 116 days to 112 days. The condominium market increased 9.1% in sales with 624 sales, decreased slightly in average price by 1.2%, but saw an increase of 7.8% in sales volume. Average rental prices decreased slightly to $1,581 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

Q1 2015 1531 81

Q4 2014 2203 77

Q3 2014 2726 67

Q2 2014 2401 71

Q1 2014 1518 80

Number of Sales

Days on Market

Q3 2015 3021 62

Q2 2015 2502 71

Q1 2015 1546 80

Q4 2014 2188 77

Q3 2014 2710 66



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AVoN

1 Family $525,300 -2.3% $450,000 3.4% 78 8.3% 120 5.8% $40,977,000 5.9%

Condo $249,800 8.3% $241,500 19.3% 41 46.4% 107 -2.1% $10,244,000 58.6%

BERLIN

1 Family $263,600 -3.8% $255,000 -3.8% 64 25.5% 104 1.3% $16,874,000 20.7%

Condo $271,200 5.6% $239,000 -4.3% 8 -61.9% 174 4.4% $2,170,000 -59.8%

BLooMFIELD

1 Family $197,600 21.2% $190,000 26.7% 71 29.1% 133 -18.0% $14,032,000 56.5%

Condo $230,300 -32.8% $176,300 -40.6% 32 33.3% 146 -0.6% $7,368,000 -10.4%

BRIStoL

1 Family $186,100 -2.4% $177,000 0.0% 176 15.8% 130 -2.9% $32,752,000 13.0%

Condo $122,000 11.3% $105,000 5.0% 45 80.0% 134 -5.8% $5,489,000 100.3%

BuRLINGtoN

1 Family $325,500 -2.9% $322,500 4.9% 43 48.3% 102 -28.9% $13,996,000 44.0%

Condo - - - - - - - - - -

CANtoN

1 Family $368,100 1.8% $315,000 1.6% 42 13.5% 119 -17.6% $15,460,000 15.5%

Condo $195,600 -28.4% $195,000 -37.6% 9 0.0% 123 11.4% $1,760,000 -28.4%

EASt GRANBy

1 Family $262,100 -8.7% $260,000 -10.2% 22 -8.3% 94 -15.6% $5,766,000 -16.3%

Condo $121,500 -40.0% $121,500 -17.0% 2 -60.0% 53 -62.6% $243,000 -76.0%

EASt HARtFoRD

1 Family $122,400 -9.9% $128,000 -8.6% 133 8.1% 118 3.3% $16,283,000 -2.6%

Condo $84,500 18.6% $78,300 30.2% 12 -20.0% 128 -1.0% $1,014,000 -5.1%

EASt WINDSoR

1 Family $214,100 19.4% $190,000 4.7% 37 42.3% 106 -28.9% $7,923,000 69.9%

Condo $176,200 -3.0% $157,500 2.9% 14 16.7% 192 35.3% $2,467,000 13.1%

ENFIELD

1 Family $173,500 -0.9% $168,000 1.8% 139 7.8% 103 -13.0% $24,114,000 6.7%

Condo $143,200 5.5% $138,000 7.0% 34 9.7% 94 -29.2% $4,869,000 15.7%

FARMINGtoN

1 Family $472,900 11.4% $382,000 -5.3% 66 -8.3% 124 -1.3% $31,214,000 2.1%

Condo $201,700 -6.8% $175,700 -14.3% 39 -27.8% 105 2.6% $7,867,000 -32.7%

GLAStoNBuRy

1 Family $387,400 -4.2% $363,000 5.8% 139 17.8% 99 5.2% $53,846,000 12.9%

Condo $199,900 -1.5% $162,500 -1.5% 43 30.3% 136 36.0% $8,594,000 28.3%

GRANBy

1 Family $299,000 5.9% $292,800 10.5% 50 117.4% 125 37.4% $14,949,000 130.3%

Condo $187,800 -20.3% $170,000 -20.9% 4 -20.0% 146 21.3% $751,000 -36.2%

HARtFoRD

1 Family $127,000 -28.4% $123,500 -5.0% 54 -1.8% 131 -25.0% $6,856,000 -29.7%

Condo $140,300 37.0% $88,500 52.6% 18 -5.3% 141 20.8% $2,525,000 29.8%


Q3-2015


Hartford County


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HARtLAND

1 Family $226,000 -16.3% $222,400 -17.6% 4 300.0% 62 -25.3% $904,000 234.7%

Condo - - - - - - - - - -

MANCHEStER

1 Family $184,900 -1.4% $164,500 0.9% 184 22.7% 117 4.8% $34,019,000 21.0%

Condo $128,300 4.4% $123,000 5.9% 32 -20.0% 106 -23.8% $4,106,000 -16.5%

MARLBoRouGH

1 Family $311,000 8.1% $306,000 10.2% 27 28.6% 115 -13.1% $8,397,000 39.0%

Condo $217,000 0.9% $217,000 0.9% 1 0.0% 103 12.0% $217,000 0.9%

NEW BRItAIN

1 Family $137,400 -1.8% $137,000 -2.1% 103 33.8% 109 10.7% $14,149,000 31.3%

Condo $98,400 22.1% $73,300 1.1% 14 -22.2% 155 47.1% $1,377,000 -5.0%

NEWINGtoN

1 Family $213,100 -4.6% $210,000 -4.5% 84 12.0% 106 -2.3% $17,900,000 6.8%

Condo $173,500 -5.5% $146,500 -0.7% 46 70.4% 106 0.6% $7,983,000 61.0%

PLAINVILLE

1 Family $193,400 6.0% $175,700 0.4% 58 28.9% 104 -16.4% $11,217,000 36.6%

Condo $141,300 8.8% $119,500 -10.2% 14 16.7% 124 -32.9% $1,979,000 26.9%

RoCky HILL

1 Family $290,300 -12.5% $269,500 -11.4% 34 6.3% 108 1.9% $9,872,000 -7.0%

Condo $174,600 28.4% $170,000 22.3% 28 -9.7% 92 -8.2% $4,888,000 16.0%

SIMSBuRy

1 Family $344,100 -7.5% $309,900 -4.1% 93 20.8% 108 14.5% $32,004,000 11.7%

Condo $178,100 -26.2% $146,900 -31.7% 17 0.0% 95 -27.0% $3,028,000 -26.2%

SoutH WINDSoR

1 Family $280,700 -5.5% $256,000 -8.6% 87 19.2% 95 -17.0% $24,421,000 12.7%

Condo $145,300 2.3% $147,500 24.2% 38 72.7% 102 -25.5% $5,522,000 76.8%

SoutHINGtoN

1 Family $300,400 5.6% $270,000 -1.7% 122 -4.7% 111 -6.7% $36,655,000 0.7%

Condo $194,800 15.1% $210,000 40.6% 19 -36.7% 107 -3.0% $3,702,000 -27.1%

SuFFIELD

1 Family $345,700 0.5% $285,000 -13.6% 53 32.5% 129 -16.2% $18,321,000 33.1%

Condo $220,600 11.9% $187,500 15.4% 11 -8.3% 139 14.6% $2,427,000 2.6%

WESt HARtFoRD

1 Family $351,300 -5.3% $310,000 -4.3% 220 -6.4% 102 8.2% $77,287,000 -11.4%

Condo $264,500 -2.2% $257,900 2.1% 51 50.0% 97 -20.3% $13,489,000 46.7%

WEtHERSFIELD

1 Family $239,100 5.3% $225,800 5.8% 86 -9.5% 109 8.8% $20,562,000 -4.6%

Condo $157,200 11.2% $149,000 1.7% 16 -33.3% 122 40.6% $2,516,000 -25.8%

WINDSoR

1 Family $200,300 -3.4% $194,000 -5.8% 105 20.7% 105 -19.8% $21,030,000 16.6%

Condo $175,700 -10.4% $192,000 -2.2% 23 43.8% 110 -27.5% $4,041,000 28.8%

WINDSoR LoCkS

1 Family $159,500 -8.7% $155,200 -3.3% 40 11.1% 122 13.6% $6,379,000 1.4%

Condo $149,300 -35.1% $126,000 -49.9% 13 116.7% 137 3.2% $1,941,000 40.6%



Litchfield County

Woodbury • www.5OldShermanHillRd.bhhsneproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.5OldShermanHillRd.bhhsneproperties.com

Q3-2015


Litchfield County

Single family home sales in litchfield County increased by 12.1% this quarter while days on market decreased 5.1% to 153 days. Sales volume jumped by 9.5% to $117,781,000 compared to $107,605,000 in the third quarter of 2014. Condominium average prices dropped by 20.9% to $120,300 while days on market increased by 4.9% (153 vs. 146) compared to third quarter of 2014. Average rental prices remained consistent quarter over quarter at $3,140 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

Q1 2015 344 140

Q4 2014 499 145

Q3 2014 548 118

Q2 2014 437 133

Q1 2014 316 162

Number of Sales

Days on Market

Q3 2015 567 100

Q2 2015 450 118

Q1 2015 327 133

Q4 2014 453 130

Q3 2014 502 108



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Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015



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BANtAM

1 Family $320,000 -71.4% $425,000 -62.0% 3 50.0% 188 -67.2% $960,000 -57.0%

Condo - - - - - - - - - -

BARkHAMStED

1 Family $261,400 8.8% $261,000 18.6% 7 -41.7% 180 -20.7% $1,830,000 -36.5%

Condo - - - - - - - - - -

BEtHLEHEM

1 Family $206,300 -43.7% $235,000 -33.3% 9 80.0% 145 -37.7% $1,857,000 1.3%

Condo - - - - - - - - - -

BRIDGEWAtER

1 Family $575,500 28.8% $575,500 51.4% 2 -33.3% 79 -60.8% $1,151,000 -14.1%

Condo - - - - - - - - - -

CANAAN

1 Family $310,200 95.1% $164,200 0.8% 6 -45.5% 216 101.7% $1,861,000 6.4%

Condo - - - - - - - - - -

CoLEBRook

1 Family $228,300 -18.0% $220,500 -7.0% 4 -20.0% 171 70.8% $913,000 -34.4%

Condo - - - - - - - - - -

CoRNWALL BRIDGE

1 Family $1,000,000 961.6% $375,000 298.1% 4 300.0% 201 157.7% $4,000,000 4146.3%

Condo - - - - - - - - - -

EASt CANAAN

1 Family $185,000 8.2% $185,000 8.2% 1 0.0% 64 -50.8% $185,000 8.2%

Condo - - - - - - - - - -

GoSHEN

1 Family $353,600 33.9% $330,000 20.0% 18 80.0% 168 -25.4% $6,365,000 141.0%

Condo - - - - - - - - - -

HARWINtoN

1 Family $244,100 -0.7% $224,500 -3.0% 24 84.6% 133 28.1% $5,858,000 83.2%

Condo - - - - - - - - - -

kENt

1 Family $650,000 - $650,000 - 1 - 83 - $650,000 -

Condo - - - - - - - - - -

LItCHFIELD

1 Family $335,300 -6.2% $287,500 -9.7% 24 26.3% 157 -41.7% $8,046,000 18.5%

Condo $242,000 -23.2% $242,000 -26.1% 1 -80.0% 191 -36.5% $242,000 -84.6%

MoRRIS

1 Family $254,100 -33.7% $249,000 -25.3% 13 -7.1% 188 47.2% $3,303,000 -38.5%

Condo - - - - - - - - - -

NEW HARtFoRD

1 Family $256,600 -0.8% $254,500 -3.6% 28 16.7% 130 -27.4% $7,186,000 15.7%

Condo $77,700 -14.3% $69,000 -14.8% 3 0.0% 108 -24.4% $233,000 -14.3%


Q3-2015


Litchfield County


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NEW MILFoRD

1 Family $302,500 -4.8% $261,000 -9.4% 38 22.6% 150 26.8% $11,495,000 16.7%

Condo $105,800 -43.6% $100,000 -23.4% 10 25.0% 140 11.0% $1,058,000 -29.5%

NoRFoLk

1 Family $335,800 5.5% $266,500 6.8% 10 66.7% 257 -25.0% $3,358,000 75.9%

Condo - - - - - - - - - -

PLyMoutH

1 Family $160,500 -6.4% $161,000 -8.3% 36 5.9% 141 -4.0% $5,779,000 -0.9%

Condo $119,900 34.0% $115,000 32.9% 7 133.3% 116 30.8% $839,000 212.7%

RoXBuRy

1 Family $708,500 -27.7% $708,500 -27.7% 2 100.0% 244 67.1% $1,417,000 44.6%

Condo - - - - - - - - - -

SALISBuRy

1 Family $575,200 25.1% $510,000 45.7% 9 80.0% 136 43.1% $5,177,000 125.2%

Condo $390,000 -9.3% $390,000 -9.3% 2 100.0% 173 28.7% $780,000 81.4%

SHARoN

1 Family $221,300 -29.8% $221,300 -29.8% 1 0.0% 198 -21.7% $221,000 -29.8%

Condo - - - - - - - - - -

tHoMAStoN

1 Family $166,000 -8.3% $165,000 -17.5% 13 -31.6% 117 -13.3% $2,158,000 -37.3%

Condo $128,800 -6.2% $112,500 7.1% 4 0.0% 154 -20.9% $515,000 -6.2%

toRRINGtoN

1 Family $128,000 -9.5% $122,000 -11.3% 111 19.4% 160 20.6% $14,209,000 8.0%

Condo $77,800 -14.1% $71,300 -16.2% 22 46.7% 178 54.9% $1,712,000 26.0%

WARREN

1 Family $299,000 -63.0% $299,000 -63.0% 1 0.0% 305 -21.0% $299,000 -63.0%

Condo - - - - - - - - - -

WASHINGtoN

1 Family $240,100 -55.7% $240,100 -57.1% 1 -80.0% 62 -85.4% $240,000 -91.1%

Condo $238,500 - $238,500 - 2 - 169 - $477,000 -

WAtERtoWN

1 Family $232,300 2.0% $203,000 -4.5% 61 -9.0% 142 0.9% $14,170,000 -7.1%

Condo $112,000 -27.4% $121,000 -24.1% 5 -16.7% 206 67.4% $560,000 -39.5%

WINCHEStER

1 Family $154,800 -6.0% $139,900 12.9% 39 8.3% 124 -22.2% $6,035,000 1.8%

Condo - - - - - - - - - -

WooDBuRy

1 Family $335,500 -23.0% $300,000 -5.5% 27 35.0% 180 -18.9% $9,059,000 3.9%

Condo $135,400 14.3% $109,000 8.2% 21 75.0% 134 -14.3% $2,844,000 100.0%




Middlesex County

Killingworth • www.153IronworksRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



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

Q3-2015


Middlesex County

Middlesex County’s single family home sales jumped by 11.0% year over year. Total dollar volume in sales was $150,129,000, up 2.4% for single family homes and $23,600,000, a jump to 39.7% for condominiums. The average sales price of single family homes was $280,600, down 7.8% year over year and the average for condominiums was $193,400, up 12.1%. Average rental prices increased by 19.7% to $1,705 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

Q1 2015 350 115

Q4 2014 497 99

Q3 2014 586 82

Q2 2014 531 90

Q1 2014 347 110

Number of Sales

Days on Market

Q3 2015 651 76

Q2 2015 560 97

Q1 2015 348 113

Q4 2014 487 97

Q3 2014 580 83



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Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015



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CHEStER

1 Family $315,400 5.7% $328,000 22.4% 8 -33.3% 154 -24.5% $2,524,000 -29.6%

Condo - - - - - - - - - -

CLINtoN

1 Family $283,800 1.8% $237,900 -1.4% 53 26.2% 118 -20.1% $15,042,000 28.5%

Condo $171,200 101.2% $164,500 64.5% 6 -14.3% 186 2.5% $1,027,000 72.5%

CoBALt

1 Family $378,500 - $378,500 - 1 - 167 - $379,000 -

Condo - - - - - - - - - -

CRoMWELL

1 Family $249,700 -17.3% $206,700 -9.3% 36 71.4% 246 115.0% $8,989,000 41.8%

Condo $201,500 20.2% $139,000 3.2% 29 -3.3% 104 1.0% $5,843,000 16.2%

DEEP RIVER

1 Family $216,300 -4.4% $215,000 -1.7% 15 7.1% 135 -12.9% $3,245,000 2.4%

Condo $127,900 -8.6% $127,900 -8.6% 2 0.0% 153 106.1% $256,000 -8.6%

DuRHAM

1 Family $300,900 1.6% $289,000 3.2% 29 70.6% 127 4.0% $8,728,000 73.2%

Condo $208,700 115.1% $220,000 126.8% 3 200.0% 76 43.4% $626,000 545.4%

EASt HADDAM

1 Family $245,500 17.0% $250,300 13.4% 28 -9.7% 118 -8.7% $6,874,000 5.7%

Condo - - - - - - - - - -

EASt HAMPtoN

1 Family $259,900 -4.0% $235,000 -4.1% 57 29.5% 122 -23.1% $14,815,000 24.4%

Condo $177,300 - $175,000 - 6 - 109 - $1,064,000 -

ESSEX

1 Family $457,300 -16.3% $375,000 0.7% 25 -10.7% 103 -39.0% $11,433,000 -25.2%

Condo $251,100 22.5% $205,000 -7.4% 7 16.7% 264 109.8% $1,758,000 42.9%

HADDAM

1 Family $223,600 -22.1% $215,000 -18.9% 25 -7.4% 122 -4.8% $5,589,000 -27.9%

Condo - - - - - - - - - -

kILLINGWoRtH

1 Family $352,300 -1.8% $365,000 3.4% 20 -16.7% 164 26.9% $7,046,000 -18.1%

Condo - - - - - - - - - -

MIDDLEFIELD

1 Family $272,700 11.8% $251,500 4.8% 10 -9.1% 141 5.6% $2,727,000 1.7%

Condo - - - - - - - - - -

MIDDLEtoWN

1 Family $214,500 0.4% $212,000 1.0% 107 5.9% 111 -4.9% $22,953,000 6.4%

Condo $116,600 -5.8% $105,000 -7.9% 45 45.2% 133 -3.6% $5,247,000 36.8%

oLD SAyBRook

1 Family $379,400 -21.3% $326,300 -6.6% 60 0.0% 111 -14.7% $22,765,000 -21.3%

Condo $382,200 17.9% $350,800 4.7% 12 71.4% 302 54.9% $4,586,000 102.0%


Q3-2015


Middlesex County


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PoRtLAND

1 Family $224,800 -12.3% $205,000 -17.0% 35 25.0% 131 19.1% $7,870,000 9.6%

Condo $211,000 24.8% $184,300 5.3% 7 16.7% 92 -33.0% $1,477,000 45.5%

WEStBRook

1 Family $352,000 21.0% $325,000 23.0% 26 18.2% 136 13.3% $9,152,000 43.0%

Condo $343,200 -15.4% $361,500 -10.9% 5 150.0% 338 -10.2% $1,716,000 111.4%



New Haven County

FAIRFIELD

NEW HAVEN


WINDHAM


Southbury • www.176GreyRockRd.bhhsNEproperties.com


http://www.176GreyRockRd.bhhsNEproperties.com

Q3-2015


New Haven County

New Haven County’s single family house market saw gains in the number of sales, up 21.1% but a slight decline in average price down to $264,600. Condominium sales jumped by 10.8% to 522 sales. Days on market for single family homes went down to 129 days, a 1.3% decrease year over year, and condominiums increased to 136 days on market, up 1.6%. Rental prices jumped to $2,633, a 71.6% increase year over year.

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

Q1 2015 1328 103

Q4 2014 1892 98

Q3 2014 2200 83

Q2 2014 1975 87

Q1 2014 1230 98

Number of Sales

Days on Market

Q3 2015 2438 79

Q2 2015 2144 89

Q1 2015 1270 99

Q4 2014 1772 96

Q3 2014 2061 80



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Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015



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New Haven County


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ANSoNIA

1 Family $171,100 50.1% $167,500 44.4% 10 100.0% 187 -31.3% $1,711,000 200.2%

Condo - - - - - - - - - -

BEACoN FALLS

1 Family $352,200 -8.7% $436,800 3.0% 8 166.7% 100 -173.0% $2,818,000 143.3%

Condo $132,500 - $132,500 - 1 - 80 - $133,000 -

BEtHANy

1 Family $420,600 44.4% $339,000 6.8% 17 70.0% 143 13.2% $7,151,000 145.5%

Condo - - - - - - - - - -

BRANFoRD

1 Family $381,800 -2.3% $329,900 -5.7% 69 9.5% 132 -19.0% $26,343,000 7.0%

Condo $167,100 -16.2% $150,000 -9.1% 55 19.6% 159 6.2% $9,189,000 0.2%

CHESHIRE

1 Family $306,000 -21.1% $288,800 -17.5% 90 15.4% 112 -0.2% $27,539,000 -8.9%

Condo $239,900 28.1% $190,000 22.7% 19 26.7% 146 -6.4% $4,558,000 62.2%

DERBy

1 Family $206,700 19.2% $205,000 27.7% 8 60.0% 112 -35.8% $1,654,000 90.7%

Condo - - - - - - - - - -

EASt HAVEN

1 Family $185,900 2.6% $175,700 0.4% 80 29.0% 122 -10.6% $14,868,000 32.4%

Condo $128,500 -5.2% $108,000 -10.3% 21 16.7% 107 -25.6% $2,698,000 10.6%

GuILFoRD

1 Family $465,500 6.0% $352,400 -6.0% 88 2.3% 158 13.7% $40,961,000 8.5%

Condo $246,100 -21.4% $225,000 -4.9% 13 8.3% 150 -18.6% $3,200,000 -14.9%

HAMDEN

1 Family $213,900 -3.6% $181,500 -11.5% 140 2.2% 132 1.0% $29,939,000 -1.5%

Condo $122,700 11.8% $119,000 32.2% 45 4.7% 136 1.8% $5,521,000 17.0%

MADISoN

1 Family $474,800 -7.1% $396,000 -9.0% 90 23.3% 133 -0.4% $42,733,000 14.6%

Condo $281,500 -23.5% $250,000 -10.6% 11 10.0% 237 147.5% $3,096,000 -15.9%

MERIDEN

1 Family $151,700 -0.1% $150,000 2.4% 147 26.7% 126 -5.5% $22,304,000 26.6%

Condo $92,500 9.0% $97,800 22.4% 31 14.8% 140 18.6% $2,868,000 25.1%

MIDDLEBuRy

1 Family $301,000 -9.9% $286,500 -11.8% 28 21.7% 137 -0.3% $8,428,000 9.7%

Condo $399,500 -9.9% $384,700 -9.5% 6 -14.3% 238 -20.5% $2,397,000 -22.8%

MILFoRD

1 Family $310,800 -4.7% $287,000 -0.7% 180 21.6% 133 3.1% $55,947,000 15.9%

Condo $232,000 8.6% $202,500 13.6% 46 -8.0% 108 -23.3% $10,670,000 -0.1%

NAuGAtuCk

1 Family $149,600 -5.6% $157,000 5.0% 85 46.6% 127 -5.5% $12,715,000 38.3%

Condo $62,200 -19.9% $59,500 -8.5% 20 122.2% 78 -38.6% $1,244,000 78.0%


Q3-2015


New Haven County


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NEW HAVEN

1 Family $211,900 -1.4% $165,000 -8.3% 85 14.9% 144 -3.1% $18,008,000 13.3%

Condo $158,300 -2.3% $125,300 7.6% 38 -17.4% 148 -1.7% $6,014,000 -19.3%

NoRtH BRANFoRD

1 Family $236,300 -17.6% $247,000 -10.2% 36 2.9% 140 11.7% $8,505,000 -15.2%

Condo $162,800 -7.6% $155,000 0.0% 15 114.3% 157 -8.8% $2,442,000 98.0%

NoRtH HAVEN

1 Family $292,800 -1.0% $264,300 -0.8% 68 0.0% 107 -6.0% $19,911,000 -1.0%

Condo $196,200 -12.7% $217,500 -0.7% 10 11.1% 81 -44.7% $1,962,000 -3.0%

oRANGE

1 Family $399,500 8.1% $370,000 10.4% 54 31.7% 126 22.2% $21,573,000 42.4%

Condo $242,000 - $242,000 - 2 - 51 - $484,000 -

oXFoRD

1 Family $402,800 163.5% $408,500 172.3% 6 100.0% 88 -16.0% $2,417,000 427.0%

Condo $380,000 12.4% $380,000 13.4% 1 -80.0% 112 -51.0% $380,000 -77.5%

PRoSPECt

1 Family $260,800 -17.8% $269,000 -8.3% 34 61.9% 113 -29.0% $8,869,000 33.1%

Condo $381,800 25.0% $381,800 11.6% 2 -66.7% 316 127.5% $764,000 -58.3%

SEyMouR

1 Family $175,000 -16.4% $154,500 -3.5% 8 -11.1% 107 -11.3% $1,400,000 -25.7%

Condo $93,000 -39.4% $80,000 -47.9% 4 300.0% 120 -61.8% $372,000 142.2%

SoutHBuRy

1 Family $373,500 10.6% $375,000 11.1% 63 65.8% 148 3.1% $23,529,000 83.3%

Condo $148,700 18.4% $128,500 28.5% 56 5.7% 114 8.0% $8,327,000 25.1%

WALLINGFoRD

1 Family $271,600 -1.6% $264,000 3.7% 117 24.5% 125 11.1% $31,782,000 22.5%

Condo $179,600 -12.7% $174,900 1.4% 47 38.2% 121 -3.5% $8,440,000 20.6%

WAtERBuRy

1 Family $112,800 18.1% $95,700 10.1% 197 13.9% 124 -5.3% $22,213,000 34.5%

Condo $60,000 -16.9% $52,000 -25.8% 47 2.2% 129 28.4% $2,821,000 -15.1%

WESt HAVEN

1 Family $175,600 5.9% $164,500 5.8% 114 18.8% 117 -1.2% $20,013,000 25.7%

Condo $113,100 -9.6% $102,000 -27.2% 28 27.3% 196 100.7% $3,166,000 15.0%

WoLCott

1 Family $223,500 1.1% $220,000 7.8% 51 54.5% 134 29.8% $11,397,000 56.2%

Condo $195,800 47.2% $190,500 33.7% 4 0.0% 134 1.3% $783,000 47.2%

WooDBRIDGE

1 Family $472,100 1.6% $421,500 2.6% 52 36.8% 111 -27.6% $24,548,000 39.1%

Condo - - - - - - - - - -



New London County

Groton • www.41MeechAve.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.41MeechAve.bhhsNEproperties.com

Q3-2015


New London County

New london County saw an increase of 8.8% in sales volume and an increase in number of sales this quarter when compared to last year (9.9%). The average sales price of single family homes was $243,600, down 1.1%, while the average for condominiums was $179,100, a jump to 30.5%. Average rental prices remained flat at $1,393 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

Q1 2015 481 99

Q4 2014 761 105

Q3 2014 832 95

Q2 2014 740 97

Q1 2014 507 103

Number of Sales

Days on Market

Q3 2015 869 83

Q2 2015 834 93

Q1 2015 492 98

Q4 2014 753 106

Q3 2014 819 95



0

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Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015



Q3 2014


Q3 2015


Q3 2014


Q3 2015




Q3-2015


New London County


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BoZRAH

1 Family $196,800 15.1% $163,500 -24.0% 8 166.7% 77 -52.3% $1,574,000 206.8%

Condo - - - - - - - - - -

CoLCHEStER

1 Family $241,800 13.0% $232,500 9.5% 52 13.0% 130 -2.7% $12,574,000 27.7%

Condo $141,800 -16.6% $80,000 -52.9% 9 800.0% 99 -46.4% $1,276,000 650.6%

EASt LyME

1 Family $365,900 17.4% $300,000 10.5% 61 -23.7% 129 -29.8% $22,322,000 -10.5%

Condo $242,400 15.6% $235,000 18.1% 17 30.8% 131 23.5% $4,121,000 51.2%

GILMAN

1 Family $242,500 - $242,500 - 1 - 57 - $243,000 -

Condo - - - - - - - - - -

GRISWoLD

1 Family $164,200 -2.8% $164,900 11.0% 44 41.9% 126 2.2% $7,226,000 38.0%

Condo $52,200 2.0% $66,500 48.6% 3 -25.0% 85 -67.7% $157,000 -23.5%

GRotoN

1 Family $265,800 4.9% $199,900 8.6% 57 14.0% 160 -0.1% $15,148,000 19.6%

Condo $144,400 20.3% $148,000 23.4% 17 -19.0% 158 9.2% $2,455,000 -2.6%

LEBANoN

1 Family $180,000 -25.1% $180,000 -27.9% 19 -13.6% 174 14.0% $3,419,000 -35.3%

Condo - - - - - - - - - -

LEDyARD

1 Family $217,000 0.6% $223,900 -0.5% 56 9.8% 109 -9.2% $12,150,000 10.5%

Condo $56,200 -38.9% $56,200 -36.1% 2 -33.3% 180 29.5% $112,000 -59.3%

LISBoN

1 Family $222,600 7.7% $198,500 -8.1% 13 -7.1% 185 11.6% $2,894,000 0.1%

Condo - - - - - - - - - -

LyME

1 Family $656,300 -32.2% $320,000 -59.5% 7 133.3% 190 1.2% $4,594,000 58.1%

Condo - - - - - - - - - -

MoNtVILLE

1 Family $184,100 14.8% $172,800 6.6% 60 17.6% 121 -12.7% $11,048,000 35.0%

Condo $37,500 13.4% $37,500 7.1% 1 -80.0% 280 175.6% $38,000 -77.3%

MyStIC

1 Family $329,600 -10.0% $336,000 -2.1% 34 6.3% 131 -20.8% $11,208,000 -4.4%

Condo $385,900 -2.2% $325,000 -8.5% 7 0.0% 224 54.8% $2,702,000 -2.2%

NEW LoNDoN

1 Family $150,800 -22.4% $134,900 -19.7% 46 58.6% 101 -42.7% $6,938,000 23.1%

Condo $207,500 83.7% $143,000 44.4% 4 -55.6% 238 -5.5% $830,000 -18.4%

NoRtH FRANkLIN

1 Family $159,700 -30.4% $159,900 -33.3% 5 66.7% 110 64.0% $799,000 15.9%

Condo - - - - - - - - - -


Q3-2015


New London County


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NoRtH StoNINGtoN

1 Family $249,500 20.3% $222,500 2.3% 24 71.4% 133 -29.7% $5,987,000 106.3%

Condo - - - - - - - - - -

NoRWICH

1 Family $109,000 -5.9% $105,000 -4.5% 84 10.5% 132 14.6% $9,160,000 4.0%

Condo $118,600 27.8% $102,500 12.6% 19 -34.5% 188 -15.0% $2,253,000 -16.3%

oLD LyME

1 Family $411,100 5.7% $306,800 1.2% 30 -21.1% 177 10.4% $12,332,000 -16.6%

Condo - - - - - - - - - -

PREStoN

1 Family $209,400 -4.2% $190,300 -13.5% 16 23.1% 121 29.6% $3,350,000 17.9%

Condo - - - - - - - - - -

SALEM

1 Family $216,200 1.7% $215,000 -17.3% 13 44.4% 126 -35.5% $2,810,000 46.9%

Condo $29,500 -36.5% $29,500 13.5% 1 -75.0% 42 -18.8% $30,000 -84.1%

SPRAGuE

1 Family $173,900 -7.3% $200,000 -2.5% 8 0.0% 117 -40.1% $1,391,000 -7.3%

Condo - - - - - - - - - -

StoNINGtoN

1 Family $385,400 5.9% $310,000 37.8% 57 21.3% 135 -3.6% $21,970,000 28.4%

Condo $380,700 24.6% $450,000 47.3% 3 50.0% 149 -7.5% $1,142,000 86.9%

VoLuNtoWN

1 Family $192,200 15.3% $188,000 9.0% 11 37.5% 184 17.4% $2,114,000 58.6%

Condo - - - - - - - - - -

WAtERFoRD

1 Family $253,000 -5.8% $228,300 -8.7% 80 -8.0% 142 6.5% $20,244,000 -13.4%

Condo $158,800 12.7% $156,500 43.7% 12 140.0% 121 -4.0% $1,905,000 170.5%



Tolland County

FAIRFIELD

NEW HAVEN


WINDHAM


Coventry • www.36WindsweptWay.bhhsNEProperties.com


http://www.36WindsweptWay.bhhsNEProperties.com

Q3-2015


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Tolland County

Tolland County single family home sales increased 14.4% year over year with sales volume reaching $111,805,000. The average sales price of single family homes was $233,900, down 2.7%, and the average for condominiums was $146,700, down 19.7%. Rental prices jumped 47.9% to $2,019 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

Q1 2015 481 99

Q4 2014 761 105

Q3 2014 832 95

Q2 2014 740 97

Q1 2014 507 103

Q1 2015 229 95

Q4 2014 339 90

Q3 2014 476 75

Q2 2014 390 85

Q1 2014 246 104

Number of Sales

Days on Market

Q3 2015 546 70

Q2 2015 408 79

Q1 2015 231 95

Q4 2014 334 90

Q3 2014 473 74



Q3 2014


Q3 2015


Q3 2014


Q3 2015




Q3-2015


Tolland County


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AMStoN

1 Family $217,500 -22.6% $226,200 -13.8% 18 20.0% 135 29.2% $3,915,000 -7.1%

Condo - - - - - - - - - -

ANDoVER

1 Family $214,900 -13.1% $235,000 -2.0% 13 44.4% 96 -26.4% $2,794,000 25.5%

Condo - - - - - - - - - -

BoLtoN

1 Family $269,300 -1.7% $227,000 -8.1% 15 -34.8% 115 -1.9% $4,039,000 -35.9%

Condo - - - - - - - - - -

CoLuMBIA

1 Family $208,200 -16.1% $197,500 -24.8% 26 52.9% 193 54.4% $5,413,000 28.3%

Condo - - - - - - - - - -

CoVENtRy

1 Family $221,000 22.6% $231,100 32.8% 58 5.5% 116 -23.1% $12,815,000 29.3%

Condo $148,500 - $145,000 - 4 - 189 - $594,000 -

ELLINGtoN

1 Family $303,000 -9.7% $249,500 -13.4% 51 27.5% 109 -5.9% $15,453,000 15.1%

Condo $204,400 2.0% $188,700 5.9% 10 -16.7% 185 42.2% $2,044,000 -15.0%

HEBRoN

1 Family $259,800 -18.1% $277,500 -12.2% 13 8.3% 125 -36.2% $3,377,000 -11.3%

Condo $192,300 -11.6% $167,000 -23.2% 3 50.0% 106 -63.1% $577,000 32.7%

MANSFIELD

1 Family $232,300 13.4% $217,500 24.3% 32 -22.0% 128 1.7% $7,433,000 -11.5%

Condo $162,800 -26.5% $133,000 -47.2% 12 300.0% 123 53.6% $1,954,000 193.9%

SoMERS

1 Family $268,500 -7.0% $252,500 -12.0% 37 37.0% 134 2.7% $9,934,000 27.4%

Condo - - - - - - - - - -

StAFFoRD

1 Family $186,900 -2.4% $175,500 -1.2% 44 37.5% 146 15.4% $8,224,000 34.2%

Condo $91,700 3.2% $70,000 -22.0% 5 25.0% 130 -32.4% $459,000 29.0%

toLLAND

1 Family $286,300 -1.4% $287,000 10.4% 60 5.3% 95 -17.5% $17,177,000 3.8%

Condo $167,700 -36.5% $125,000 -16.6% 4 -20.0% 340 478.7% $671,000 -49.2%

uNIoN

1 Family $92,200 -64.5% $92,200 -64.5% 2 0.0% 239 -32.7% $184,000 -64.5%

Condo - - - - - - - - - -

VERNoN

1 Family $190,100 1.0% $185,000 -3.1% 89 27.1% 122 9.8% $16,921,000 28.4%

Condo $125,700 -17.7% $111,000 -19.6% 29 11.5% 104 -25.4% $3,645,000 -8.2%

WILLINGtoN

1 Family $206,200 -2.1% $197,000 -4.6% 20 11.1% 94 -14.6% $4,125,000 8.8%

Condo $34,500 -73.5% $34,500 -73.5% 1 0.0% 115 6.5% $35,000 -73.5%



Putnam • www.630LibertyHwy.bhhsNEproperties.com

Windham County

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.630LibertyHwy.bhhsNEproperties.com

Q3-2015


0

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Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015



Windham County

Windham County single family home sales volume increased by 21.11% year over year with an average price of $180,700 (3.1%) and 384 total sales (17.4%). The average price for condominiums was $131,400, down 6.4% year over year. Condominium sales volume was $3,022,000, a 65.7% jump compared to third quarter last year. Average rental prices increased year over year to $1,333 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

Q1 2015 193 100

Q4 2014 287 100

Q3 2014 341 86

Q2 2014 301 98

Q1 2014 190 101

Number of Sales

Days on Market

Q3 2015 406 85

Q2 2015 310 101

Q1 2015 195 100

Q4 2014 286 100

Q3 2014 340 86



Q3 2014


Q3 2015


Q3 2014


Q3 2015




Q3-2015


Windham County


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ASHFoRD

1 Family $163,100 -15.2% $172,500 -7.2% 8 -60.0% 107 -32.5% $1,305,000 -66.1%

Condo - - - - - - - - - -

BRookLyN

1 Family $189,100 -9.5% $208,500 -3.0% 28 7.7% 98 -9.9% $5,295,000 -2.6%

Condo $205,000 42.4% $205,000 42.4% 2 0.0% 248 24.9% $410,000 42.4%

CANtERBuRy

1 Family $174,700 3.8% $195,000 6.2% 20 33.3% 168 63.6% $3,494,000 38.4%

Condo - - - - - - - - - -

CHAPLIN

1 Family $150,200 35.4% $152,000 155.5% 8 -20.0% 124 -34.2% $1,202,000 8.3%

Condo - - - - - - - - - -

EAStFoRD

1 Family $226,300 72.5% $210,800 72.1% 6 100.0% 169 80.5% $1,358,000 245.0%

Condo - - - - - - - - - -

HAMPtoN

1 Family $154,800 43.4% $156,000 35.7% 7 0.0% 103 -11.5% $1,084,000 43.4%

Condo - - - - - - - - - -

kILLINGLy

1 Family $163,200 -1.5% $155,000 -5.8% 59 1.7% 123 -6.4% $9,630,000 0.2%

Condo $91,700 -39.6% $74,000 -57.7% 6 100.0% 120 -54.5% $550,000 20.9%

PLAINFIELD

1 Family $173,800 10.9% $160,000 8.3% 57 29.5% 120 3.7% $9,908,000 43.7%

Condo $99,000 - $74,700 - 3 - 95 - $297,000 -

PoMFREt

1 Family $263,800 -18.0% $286,500 14.0% 12 20.0% 140 1.4% $3,166,000 -1.6%

Condo - - - - - - - - - -

PutNAM

1 Family $171,200 -0.9% $160,000 16.8% 23 35.3% 150 1.7% $3,937,000 34.0%

Condo $179,200 29.4% $176,500 2.0% 6 0.0% 278 87.7% $1,075,000 29.4%

QuINEBAuG

1 Family $52,000 -46.4% $52,000 -46.4% 2 0.0% 159 105.2% $104,000 -46.4%

Condo - - - - - - - - - -

SCotLAND

1 Family $236,000 - $236,000 - 1 - 307 - $236,000 -

Condo - - - - - - - - - -

StERLING

1 Family $181,500 16.1% $173,500 24.4% 17 112.5% 139 -7.3% $3,085,000 146.7%

Condo $90,500 - $90,500 - 2 - 208 - $181,000 -

tHoMPSoN

1 Family $196,500 -5.5% $199,000 12.4% 35 12.9% 145 20.8% $6,876,000 6.7%

Condo - - - - - - - - - -


Q3-2015


Windham County


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WINDHAM

1 Family $126,100 1.2% $120,700 -5.7% 56 19.1% 151 -6.7% $7,063,000 20.6%

Condo $119,500 3.9% $119,500 3.9% 2 100.0% 59 10.4% $239,000 107.8%

WooDStoCk

1 Family $259,000 7.7% $240,000 10.9% 45 60.7% 147 -9.4% $11,653,000 73.1%

Condo $134,700 -0.2% $134,700 -0.2% 2 100.0% 164 95.2% $269,000 99.6%


BHHS New England Properties 2015 Q3 Connecticut Market Report

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Transcript of BHHS New England Properties 2015 Q3 Connecticut Market Report