bethel market report dec 2011

8/3/2019 Bethel Market Report Dec 2011

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MARKET ACTION REPORT

December 2011

City: BethelDonna Kuehn

Sales Associatecell: (203) [email protected]: (203) 792-4125

Price Range: ALL | Properties: Single Family Home

Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $381,950 1% 9%

Average List Price of all Current Listings $386,240 0% 1%

December Median Sales Price $240,500 20% -14% -15% -21% $322,500 6% 6%

December Average Sales Price $251,417 5% -17% -9% -25% $333,020 0% -1%

Total Properties Currently for Sale (Inventory) 98 -19% 0%

December Number of Properties Sold 6 -25% -25% 87 -26%

December Average Days on Market (Solds) 126 39% 3% -9% 9% 116 1% 0%

December Month's Supply of Inventory 16.3 8% -14% 33% 15% 17.2 21% 21%

December Sale Price vs List Price Ratio 95.2% 1.3% 0% 1% 0.6% 95.4% 0.9% 0.8%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales December Property sales were 6, down -25.0% from 8 in December of 2010 and -25.0% lower than the 8 sales last month. December 2011sales were at their lowest level compared to December of 2010 and 2009. December YTD sales of 87 are running -25.6% behind last year'syear-to-date sales of 117.

Prices The Median Sales Price in December was $240,500, down -15.0% from $283,000 in December of 2010 and up 20.3% from $200,000 lastmonth. The Average Sales Price in December was $251,417, down -9.4% from $277,375 in December of 2010 and up 4.9% from $239,626last month December 2011 ASP was at the lowest level compared to December of 2010 and 2009



last month December 2011 ASP was at the lowest level compared to December of 2010 and 2009


December 2011




Inventory & MSI The Total Inventory of Properties available for sale as of December was 98, down -19.0% from 121 last month and equal to 98 in December of last year. December 2011 Inventory was at a mid range compared to December of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 16.3 monthswas at its highest level compared with December 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 DOMtends 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 forDecember was 126, up 38.5% from 91 days last month and down -8.7% from 138 days in December of last year. The December 2011 DOMwas at a mid range compared with December of 2010 and 2009.




December 2011




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 basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 9, down -47.1% from 17 last month and down -18.2% from 11 in December of last year.




December 2011




Based on information from Greater Fairfield County CMLS, Inc. for the period 1/1/2009 through 12/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not becompletely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D

Homes Sold 6 4 9 5 6 9 19 16 14 14 13 10 5 5 9 6 11 19 7 9 10 16 12 8 8 6 7 5 10 7 10 9 6 5 8 63 Mo. Roll Avg 6 6 7 7 11 15 16 15 14 12 9 7 6 7 9 12 12 12 9 12 13 12 9 7 7 6 7 7 9 9 8 7 6 6

(000's)

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N DMedianSalePrice 278 361 275 278 286 378 318 310 360 299 310 353 270 303 374 305 280 280 294 415 325 275 290 283 332 283 320 242 320 333 395 429 395 359 200 2413 Mo. Roll Avg 304 305 280 314 327 335 329 323 323 321 311 308 316 327 320 288 285 330 345 338 296 283 302 299 312 282 294 298 349 385 406 394 318 266


Inventory 102 103 108 123 135 139 131 124 121 105 94 81 88 105 120 126 131 138 142 145 136 121 108 98 89 87 94 125 131 138 143 138 138 126 121 98

MSI 17 26 12 25 23 15 7 8 9 8 7 8 18 21 13 21 12 7 20 16 14 8 9 12 11 15 13 25 13 20 14 15 23 25 15 16

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N DDays On Market 99 67 84 90 95 1 45 1 08 75 1 17 1 21 1 10 1 03 1 39 54 1 39 69 1 26 95 47 1 05 1 58 1 24 1 41 1 38 1 26 96 1 70 1 55 83 1 09 1 00 1 05 1 73 1 05 91 1 263 Mo. Roll Avg 83 80 90 110 116 109 1 00 1 04 116 111 117 99 1 11 87 111 97 89 82 1 03 129 141 134 1 35 1 20 131 140 136 1 16 97 105 126 128 1 23 1 07


Price per Sq Ft 152 175 171 179 172 194 183 180 179 178 161 184 170 171 159 185 182 170 145 181 165 166 163 162 168 135 164 148 149 161 181 146 161 175 151 1523 Mo. Roll Avg 166 175 174 182 183 186 181 179 173 174 172 175 167 172 175 179 166 165 164 171 165 164 164 155 156 149 154 153 164 163 163 161 162 159


Sale to List Price 0.971 0.904 0.970 0.945 0.978 0.959 0.948 0.966 0.971 0.947 0.932 0.956 0.959 0.965 0.939 0.961 0.939 0.936 0.908 0.958 0.925 0.940 0.948 0.939 0.976 0.960 0.914 0.987 0.952 0.963 0.959 0.946 0.945 0.958 0.940 0.952

3 Mo. Roll Avg 0.948 0.940 0.964 0.961 0.962 0.958 0.962 0.961 0.950 0.945 0.949 0.960 0.954 0.955 0.946 0.945 0.928 0.934 0.930 0.941 0.938 0.942 0.954 0.958 0.950 0.954 0.951 0.967 0.958 0.956 0.950 0.950 0.948 0.950


New Listings 25 24 27 31 31 30 30 24 21 19 8 11 32 29 29 30 32 28 35 26 16 11 14 11 12 16 25 43 25 29 29 20 23 26 17 9Inventory 102 103 108 123 135 139 131 124 121 105 94 81 88 105 120 126 131 138 142 145 136 121 108 98 89 87 94 125 131 138 143 138 138 126 121 98

Sales 6 4 9 5 6 9 19 16 14 14 13 10 5 5 9 6 11 19 7 9 10 16 12 8 8 6 7 5 10 7 10 9 6 5 8 6

(000's)

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N DAvg Sale Price 257 332 261 267 276 375 336 383 413 320 326 352 291 272 400 313 315 320 353 433 358 298 341 277 399 277 312 221 336 305 402 415 392 360 240 2513 Mo. Roll Avg 283 287 268 306 329 365 378 372 353 333 323 305 321 328 343 316 329 369 381 363 332 305 339 318 329 270 289 287 348 374 403 389 331 284

bethel market report dec 2011

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