bhhs new england properties 2014 q2 connecticut market report

Second Quarter 2014Connecticut Market Report

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Executive summary

Prepared by: Candace Adams, President/CEO, Berkshire Hathaway HomeServices New England PropertiesKathryn Redican, Director of Marketing,Berkshire Hathaway HomeServices New England Properties

2nd Quarter 2014

The Connecticut market saw robust seasonal gains in the Second Quarter 2014, with closed sales exceeding 7,400 transactions and median sales price increasing market-wide versus last quarter. Pent-up demand from the first quarter led to an 11.3% decrease of days on market to 140 days with buyers entering the housing market at all price points.

Overall, the average cost for Connecticut’s homes remained unchanged year over year. Signed contracts for single family homes decreased 19.6% versus last year, but increased 13.3% from last quarter. Meanwhile, Connecticut’s rental market remained strong in the second quarter, up 1.2% to 3,890 signed leases year over year. Average rental prices have remained in line with last year’s data, with New Haven County showing the largest average price increase.

The ultra-luxury segment of the market improved with 22 sales over $5 million in the second quarter, up 57% from the same time last year. Confidence in the market combined with appealing inventory have increased the number of high-end buyers.

Pending sales increased in June due to more inventory, favorable interest rates and an increase of cash buyers in the market. It appears as though the spring market is delayed and will spread through the summer and early fall. Pricing has remained consistent over the last four quarters, a sign that sellers understand the market conditions and valuation. Well priced homes in good condition sold quickly, mostly at or above list price, with multiple offers in the second quarter.

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 sales associates are here to help you navigate the current market with expert knowledge and exceptional service.

Candace Adams

President and CEO

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


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 June 30th, 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.

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Statewide Average Price

Single Family

Condominium

2013 Q2 v 2014 Q2

+0.2%2013 Q2 v 2014 Q2

-0.8%

Statewide Average Sales Price

Connecticut Overview

Welcome to Berkshire Hathaway HomeServices New England Properties’ Second Quarter Connecticut Market Report, our examination of the single family and condominium markets in Fairfield, Hartford, Litchfield, Middlesex, New Haven, New London, Tolland and Windham Counties. The new look of our Market Report features separate county pages using market-wide data based on transactions that closed in the Second Quarter 2014 and compares them to closings that took place in the prior quarter and during the same time period last year.Page 4

Contents

Stamford •www.366OceanDriveWest.bhhsNEproperties.com

FAIRFIELD COuNTy

HARTFORD COuNTy

LITCHFIELD COuNTy

MIDDLESEx COuNTy

NEW HAvEN COuNTy

NEW LONDON COuNTy

TOLLAND COuNTy

WINDHAM COuNTy

Cover Photo: Avon •www.23RobkinsRoad.bhhsNEproperties.com


http://www.366OceanDriveWest.bhhsNEproperties.comcom

http://www.23RobkinsRoad.bhhsNEproperties.com

Connecticut Market Overview Q2-2014


Days on Market sales MeDian sales Price average sales Price Dollar voluMeQTR 22014

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FairFielD county

1 Family 146 -4.8% 2156 -8.4% $516,000 0.0% $825,000 2.7% $1,778,762,000 -5.9%

Condo 137 -19.8% 671 -0.6% $263,000 -0.8% $350,300 2.0% $235,083,000 1.4%

HartForD county

1 Family 123 -0.8% 1820 -2.2% $215,500 -6.3% $265,100 0.3% $482,401,000 -1.9%

Condo 131 -1.0% 501 -6.5% $163,000 4.4% $184,000 3.1% $92,183,000 -3.7%

litcHFielD county

1 Family 175 -6.0% 353 -12.4% $215,000 -2.3% $286,300 -6.2% $101,052,000 -17.8%

Condo 188 10.3% 62 29.2% $130,000 15.6% $156,800 20.3% $9,720,000 55.4%

MiDDleseX county

1 Family 149 -1.6% 418 -7.7% $268,500 0.1% $294,200 -1.7% $122,987,000 -9.3%

Condo 133 -3.3% 100 14.9% $122,800 -7.4% $141,900 -19.0% $14,188,000 -6.8%

neW Haven county

1 Family 141 -0.7% 1454 -5.1% $216,000 -2.7% $259,000 -1.3% $376,616,000 -6.3%

Condo 138 -11.5% 463 -3.1% $137,000 -5.8% $158,800 -8.6% $73,527,000 -11.5%

neW lonDon county

1 Family 150 -3.3% 620 -8.0% $210,000 -3.0% $254,700 6.4% $157,940,000 -2.1%

Condo 158 -12.2% 94 0.0% $132,500 3.1% $146,800 -10.0% $13,804,000 -10.0%

tollanD county

1 Family 139 -9.6% 323 -2.4% $220,900 4.2% $238,200 1.8% $76,940,000 -0.7%

Condo 150 -9.3% 54 5.9% $131,300 -6.2% $165,200 -3.6% $8,922,000 2.0%

WinDHaM county

1 Family 144 -1.3% 276 2.2% $154,900 -3.2% $163,400 -4.0% $45,110,000 -1.9%

Condo 186 -3.4% 22 57.1% $134,800 5.8% $135,300 7.9% $2,977,000 69.6%

COuNTy SuMMARy

NEW HOuSINg PERMITS

New housing permit data, provided by the Connecticut Department of Economic and Community Development, shows a 14.4% increase year over year for single and multi-unit residential housing through May. These single family homes, condominiums and planned urban developments attract buyers due to their customization, high end finishes and modern details. The uptick of these new builds have occurred predominantly in Fairfield and Hartford Counties, with a total of 336 new permits issued in April and 424 issued in May. There was a slight increase in permits for buildings with five or more units when compared to Second Quarter 2013.




CLOSED SALES

CONTRACTS SIgNED

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There were 7,420 closed sales for single family homes during Second Quarter 2014, 5.8% lower than the number of sales in Second Quarter 2013 yet up 57.5% versus last quarter, a typical seasonal change. Condominium sales showed a slight decrease of 0.8% year over year. June sales accounted for 40.8% of this quarter’s transactions, which shows promise for third quarter statistics.

When compared to the second quarter of last year, the number of pending sales – a leading indicator of real estate activity – dropped 19.6% for single family homes and 4.8% for condominiums. We anticipate these numbers improving in the third quarter during an extended spring and summer market.




SALES vOLuME

HOME PRICES

Both single family and condominium home values are only slightly lower by percentage this quarter when compared to Second Quarter 2013 with single family home average sale prices at $423,400. New London County led the State this quarter with a 6.4% increase, followed by Fairfield County with a 2.7% increase. Average condominium sale prices are $229,000 statewide with Litchfield and Windham Counties leading the way with 20.3% and 7.9% increases respectively.

Average Sales Price Single Family

Average Sales Price Condominium

Median Sales Price Single Family

Median Sales Price Condominium

2014-Q1 $371,300 $204,200 $2226,000 $150,000

Change 14.0% 12.1% 15.9% 12.0%

2014-Q2 $423,400 $229,000 $262,000 $168,000

2013-Q2 $422,400 $230,900 $265,000 $173,000

Change 0.2% -0.8% -1.1% -2.9%

2014-Q2 $423,400 $229,000 $262,000 $168,000

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Statewide Sales Volume

Single Family

Condominium

2013 Q2 v 2014 Q2

-5.6%2013 Q2 v 2014 Q2

-1.7%

Sales volume for single family homes decreased to $3,141,800,000, down 5.6%, when compared to Second Quarter 2013. In the condominium market, sales volume rose most notably in Windham and Litchfield Counties by 69.6% and 55.4% respectively. Statewide condominium dollar volume was $450,400,000, a 1.7% decrease year over year.




LuxuRy MARkET

Connecticut has seen a 6.7% increase in the number of sold luxury residences in 2014 versus 2013, characterized by sales over $2 million. year over year sales have shifted toward more expensive homes with the percent of sold homes over $5 million up from 7.7% of the market share in Second Quarter 2013 to 12.8% this quarter.

Sellers waited to put properties on the market until the weather improved this year, with a majority of the new inventory coming to market in June. The inventory exists in the luxury market for the highly discriminating buyer with over 1,000 homes priced over $2 million currently on the market, approximately 80% of them located in Fairfield County.

CuRRENT INvENTORy

Total for-sale inventory rose by 5.7% from the First Quarter as sellers placed units on the market in time for the spring season. This modest gain put supply at 7.3 months for single family homes and 5.7 months for condominiums. Condominium supply continues to drop quarter over quarter. The increase in single family home inventory should result in more pending sales in the third quarter as buyers have a better selection and the ability to take advantage of the still-low mortgage interest rates.

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Fairfield County

Darien • www.320BrooksideRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN

MIDDLESEX NEW LONDON

WINDHAM

TOLLANDHARTFORDLITCHFIELD


http://www.320BrooksideRd.bhhsNEproperties.com

Q2-2014


Fairfield County

When compared to First Quarter 2014, Fairfield County saw the highest upward sales trajectory both in units sold as well as median single family home selling prices with 71.2% and 21.4% increases respectively. Days on market dropped dramatically to 144 on average for all residential home types, an 8.3% decrease. Average price for single family homes increased to $825,000, the highest it’s been in over nine quarters. The increase in volume and pricing is primarily driven by Fairfield County’s proximity to New york City, centralized communities and the continued success of the Manhattan real estate market. Average rental prices showed a 1.2% decrease at $3,063 per month.

SINgLE FAMILy AND CONDO RATIO

AvERAgE AND MEDIAN SALES PRICE

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AVERAGE AND MEDIAN SALES PRICE

Average Single Family Average Condominium Median Single Family Median Condominium

Number of Sales

Days on Market

Q2 2014 2827 144

Q1 2014 1651 157

Q4 2013 2435 147

Q3 2013 3272 134

Q2 2013 3029 168

condominiumssingle FamilySingle Family Condominium

Q2 2013


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Q2 2014


Q2-2014


Fairfield County


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BetHel

1 Family 152 -19.9% 39 -13.3% $325,000 1.6% $316,300 -2.7% $12,334,000 -15.7%

Condo 169 -24.1% 13 -13.3% $170,000 -35.0% $222,700 -35.2% $2,894,000 -43.8%

BriDgePort

1 Family 167 -7.5% 126 -0.8% $124,500 -4.2% $149,000 2.7% $18,775,000 1.9%

Condo 114 -28.4% 67 48.9% $60,000 0.0% $79,100 -3.3% $5,303,000 44.0%

BrookFielD

1 Family 139 -6.2% 66 15.8% $400,000 17.3% $428,100 6.2% $28,253,000 23.0%

Condo 153 -33.0% 27 42.1% $185,000 -20.6% $213,100 -9.6% $5,753,000 28.5%

DanBury

1 Family 145 3.1% 105 -7.9% $265,000 3.3% $299,300 -3.6% $31,428,000 -11.2%

Condo 155 -12.9% 89 -13.6% $190,000 4.7% $219,800 3.2% $19,564,000 -10.8%

Darien

1 Family 132 -15.6% 107 -12.3% $1,081,000 -18.1% $1,240,400 -9.6% $132,723,000 -20.7%

Condo 274 81.6% 3 -62.5% $683,000 54.4% $721,800 93.0% $2,166,000 -27.6%

easton

1 Family 178 -5.6% 41 28.1% $615,000 -2.8% $640,900 -7.0% $26,278,000 19.2%

Condo - - - - - - - - - -

FairFielD

1 Family 134 3.4% 219 6.3% $595,000 12.3% $711,500 -1.1% $155,822,000 5.1%

Condo 120 -4.2% 24 -17.2% $455,000 23.8% $484,300 17.1% $11,623,000 -3.1%

greenWicH

1 Family 177 -2.1% 178 -18.3% $1,692,500 8.8% $2,519,100 29.5% $448,394,000 5.7%

Condo 185 -35.4% 52 -11.9% $675,000 -10.5% $875,300 -5.0% $45,513,000 -16.3%

Monroe

1 Family 128 -24.9% 50 -19.4% $373,800 6.6% $385,600 2.4% $19,278,000 -17.4%

Condo 176 13.1% 10 -28.6% $175,800 -2.4% $172,900 -6.3% $1,729,000 -33.1%

neW canaan

1 Family 168 -1.9% 73 -24.0% $1,750,000 15.7% $2,144,300 27.7% 156,534,000 -2.9%

Condo 128 -26.4% 22 69.2% $485,000 -30.2% $765,900 3.7% $16,849,000 75.4%

neW FairFielD

1 Family 175 19.3% 40 5.3% $286,300 -17.1% $356,700 -23.0% $14,270,000 -18.9%

Condo 147 - 3 - $319,100 - $294,600 - $884,000 -

neWtoWn

1 Family 179 29.4% 87 4.8% $354,000 -5.6% $395,200 -6.6% $34,381,000 -2.1%

Condo 198 14.1% 13 333.3% $298,800 -29.7% $321,100 -13.0% $4,175,000 277.1%

norWalk

1 Family 143 3.3% 172 -11.8% $423,300 -3.8% $598,600 5.0% $102,955,000 -7.4%

Condo 130 -9.4% 82 -10.9% $241,500 4.8% $266,900 10.5% $21,885,000 -1.5%

reDDing

1 Family 140 -3.1% 32 -13.5% $587,500 21.1% $602,200 6.5% $19,272,000 -7.9%

Condo 137 -23.5% 2 0.0% $338,000 -39.9% $338,000 -39.9% $676,000 -39.9%

riDgeFielD

1 Family 150 -4.2% 106 -7.0% $700,500 13.4% $815,300 22.0% $86,426,000 13.5%

Condo 190 56.7% 20 42.9% $282,500 -30.9% $382,600 2.2% $7,651,000 46.0%


Q2-2014


Fairfield County


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sHelton

1 Family 116 -11.4% 85 19.7% $328,000 9.3% $339,100 2.0% $28,826,000 22.1%

Condo 101 -37.9% 37 -5.1% $250,000 -5.7% $274,600 2.1% $10,160,000 -3.1%

sHerMan

1 Family 173 3.8% 12 -36.8% $427,000 0.5% $511,500 4.2% $6,138,000 -34.2%

Condo - - - - - - - - - -

staMForD

1 Family 137 -3.9% 167 -18.9% $620,000 10.7% $684,400 6.4% $114,291,000 -13.7%

Condo 119 -28.5% 152 2.7% $320,000 12.3% $385,600 11.4% $58,613,000 14.4%

stratForD

1 Family 119 -21.9% 121 -11.7% $240,000 6.9% $255,400 11.8% $30,900,000 -1.2%

Condo 136 3.4% 26 -25.7% $189,700 6.6% $195,300 3.1% $5,077,000 -23.4%

truMBull

1 Family 105 -20.6% 106 2.9% $371,000 1.6% $393,900 3.8% $41,756,000 6.8%

Condo 77 -33.2% 8 -42.9% $341,200 13.7% $388,700 18.6% $3,110,000 -32.2%

Weston

1 Family 174 0.3% 46 -22.0% $832,000 2.2% $901,500 -3.1% $41,470,000 -24.4%

Condo - - - - - - - - - -

WestPort

1 Family 155 -4.0% 103 -18.9% $1,400,000 10.2% $1,524,500 -13.8% $157,019,000 -30.1%

Condo 98 -41.2% 13 0.0% $685,000 9.6% $689,900 18.4% $8,968,000 18.4%

Wilton

1 Family 149 -1.9% 75 -12.8% $825,000 3.8% $949,900 6.9% $71,241,000 -6.8%

Condo 161 81.3% 8 -20.0% $291,800 -43.6% $311,200 -36.4% $2,490,000 -49.2%



Hartford County

Suffield • www.350HalladayAve.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.350halladayavenue.bhhsneproperties.com

Q2-2014


Hartford County

Hartford County’s median condominium prices showed an increase of 4.4% when compared to Second Quarter 2013. Total dollar volume in sales reached $482,401,000, down 1.9% for single family homes and $92,183,000, down 3.7% for condominiums. The average sales price of single family homes was $265,100, consistent with 2013 pricing, and the average for condominiums was $184,000, up 3.1%. Average rental prices showed a 2.3% decrease at $1,430 per month.

condominiumssingle Family

Number of Sales

Days on Market

Q2 2014 2321 70

Q1 2014 1497 79

Q4 2013 2177 71

Q3 2013 2672 63

Q2 2013 2396 69


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Q2-2014


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avon

1 Family 106 -3.6% 68 -17.1% $424,500 -6.1% $475,500 -5.9% $32,333,000 -22.0%

Condo 118 -4.3% 41 51.9% $242,500 1.9% $270,000 16.3% $11,071,000 76.6%

Berlin

1 Family 120 -8.9% 49 11.4% $255,000 9.6% $258,400 1.6% $12,661,000 13.2%

Condo 221 78.1% 12 9.1% $229,500 6.8% $244,500 8.3% $2,934,000 18.1%

BlooMFielD

1 Family 134 -3.9% 48 14.3% $165,800 -8.4% $189,300 -4.8% $9,084,000 8.8%

Condo 138 9.9% 19 -13.6% $295,000 20.2% $289,500 4.3% $5,501,000 -9.9%

Bristol

1 Family 136 4.5% 128 4.9% $158,300 -5.8% $168,900 -5.3% $21,617,000 -0.6%

Condo 149 9.4% 33 10.0% $90,000 -19.6% $100,000 -22.3% $3,300,000 -14.5%

Burlington

1 Family 141 -2.9% 32 33.3% $332,500 -10.1% $353,200 -10.7% $11,302,000 19.0%

Condo - - - - - - - - - -

canton

1 Family 131 12.9% 34 6.3% $430,000 11.4% $432,100 5.8% $14,693,000 12.4%

Condo 137 -18.9% 7 40.0% $215,000 -27.1% $262,500 9.7% $1,837,000 53.6%

east granBy

1 Family 99 -34.8% 17 -10.5% $255,000 -1.5% $269,700 4.1% $4,585,000 -6.8%

Condo 171 263.8% 4 300.0% $114,500 -3.0% $117,700 -0.3% $471,000 299.0%

east HartForD

1 Family 125 -14.6% 109 41.6% $125,000 4.2% $122,800 -4.4% $13,385,000 35.3%

Condo 76 -32.7% 13 116.7% $58,100 -54.7% $96,400 -19.2% $1,254,000 75.0%

east WinDsor

1 Family 152 -1.3% 16 -23.8% $189,000 -16.0% $185,500 -10.6% $2,968,000 -31.9%

Condo 151 -36.9% 10 42.9% $146,000 12.4% $159,400 1.3% $1,594,000 44.7%

enFielD

1 Family 122 2.1% 110 -2.7% $160,000 -3.0% $164,000 -7.9% $18,035,000 -10.3%

Condo 135 -9.9% 26 13.0% $122,500 -14.0% $135,500 -7.4% $3,523,000 4.7%

FarMington

1 Family 128 23.6% 50 -7.4% $368,500 21.6% $508,600 39.5% $25,429,000 29.2%

Condo 131 19.4% 42 0.0% $185,500 11.7% $225,900 21.3% $9,488,000 21.3%

glastonBury

1 Family 120 5.7% 95 1.1% $377,500 6.1% $408,200 6.6% $38,779,000 7.8%

Condo 119 21.0% 24 -42.9% $202,300 0.4% $231,600 -1.5% $5,559,000 -43.7%

granBy

1 Family 120 -15.6% 42 23.5% $268,500 -8.4% $309,000 -0.6% $12,980,000 22.7%

Condo 162 33.7% 8 -27.3% $166,300 -26.1% $182,500 -17.8% $1,460,000 -40.2%

HartForD

1 Family 136 -9.7% 49 -2.0% $122,000 4.7% $177,900 5.7% $8,716,000 3.6%

Condo 147 -1.9% 25 -34.2% $146,000 19.7% $146,000 -13.5% $3,650,000 -43.1%

MancHester

1 Family 128 4.6% 115 -10.2% $160,000 -12.8% $177,500 -12.8% $20,414,000 -21.7%

Condo 127 -17.2% 24 14.3% $94,300 -26.0% $107,200 -15.4% $2,573,000 -3.3%


Q2-2014


Hartford County


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MarlBorougH

1 Family 138 2.5% 22 22.2% $271,000 8.1% $318,100 21.7% $6,998,000 48.8%

Condo 184 - 2 - $197,000 - $197,000 - $394,000 -

neW Britain

1 Family 134 16.0% 98 5.4% $129,300 12.4% $134,800 11.8% $13,206,000 17.9%

Condo 120 -5.2% 16 0.0% $106,300 27.3% $114,500 15.9% $1,833,000 15.9%

neWington

1 Family 100 -23.7% 66 11.9% $190,000 -9.5% $208,300 -1.8% $13,750,000 9.9%

Condo 100 -29.5% 27 -6.9% $151,000 18.4% $175,400 25.2% $4,736,000 16.6%

Plainville

1 Family 119 -19.7% 34 -24.4% $173,000 -4.4% $174,000 -11.4% $5,916,000 -33.0%

Condo 120 -0.5% 14 16.7% $130,000 3.0% $151,300 0.1% $2,119,000 16.7%

rocky Hill

1 Family 117 -24.4% 20 -25.9% $243,500 -13.0% $272,100 -11.6% $5,443,000 -34.5%

Condo 82 -24.4% 15 -46.4% $146,000 -5.2% $140,000 -10.0% $2,100,000 -51.8%

siMsBury

1 Family 121 3.2% 82 15.5% $340,000 19.7% $397,600 20.2% $32,607,000 38.8%

Condo 166 84.7% 17 13.3% $215,000 8.0% $233,300 24.7% $3,967,000 41.3%

soutH WinDsor

1 Family 105 -3.7% 56 -23.3% $261,000 0.4% $271,900 -3.5% $15,229,000 -26.0%

Condo 128 -13.8% 23 0.0% $121,000 -19.3% $150,700 -2.8% $3,465,000 -2.8%

soutHington

1 Family 119 4.5% 88 15.8% $309,000 12.2% $308,600 9.4% $27,159,000 26.7%

Condo 164 5.1% 23 -11.5% $210,000 32.1% $187,500 10.9% $4,312,000 -1.9%

suFFielD

1 Family 171 3.7% 28 7.7% $303,500 7.9% $324,700 1.8% $9,090,000 9.7%

Condo 177 31.2% 5 -37.5% $230,000 58.1% $248,400 61.8% $1,242,000 1.1%

West HartForD

1 Family 110 4.2% 187 -22.4% $315,000 -0.9% $352,000 2.7% $65,830,000 -20.3%

Condo 107 -28.0% 36 -16.3% $215,000 -0.9% $232,300 6.5% $8,364,000 -10.9%

WetHersFielD

1 Family 111 -2.8% 66 -18.5% $227,800 -5.1% $254,200 4.3% $16,777,000 -15.0%

Condo 118 -11.3% 11 22.2% $149,900 17.1% $157,500 25.3% $1,732,000 53.1%

WinDsor

1 Family 128 -8.1% 56 -9.7% $210,000 10.5% $216,100 4.7% $12,102,000 -5.5%

Condo 109 -13.1% 12 -50.0% $164,300 17.7% $156,200 6.9% $1,874,000 -46.5%

WinDsor locks

1 Family 118 -15.1% 31 19.2% $162,000 -6.8% $166,200 -11.8% $5,151,000 5.2%

Condo 142 1.5% 8 0.0% $130,700 -40.6% $137,400 -36.1% $1,099,000 -36.1%



Litchfield County

Litchfield • www.447SouthStreet.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://99038933.bhhsneproperties.com

Q2-2014


Litchfield County

The niche market that makes up Litchfield County consists mostly of single family homes, however this quarter saw a 29.2% gain in condominium sales year over year with an average price increase of 20.3% up to $156,800. The average sale price of single family homes was $286,300, down 6.2% and the average rental prices remained flat at $2,524 per month.

Number of Sales

Days on Market

Q2 2014 415 131

Q1 2014 296 163

Q4 2013 448 142

Q3 2013 515 135

Q2 2013 451 142


Q2 2013


Q2 2014


Q2 2013


Q2 2014


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250000

300000

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Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014





Q2-2014


Litchfield County


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BantaM

1 Family 207 21.7% 3 -25.0% $330,000 24.4% $313,700 35.7% $941,000 1.8%

Condo - - - - - - - - - -

BarkHaMsteD

1 Family 140 -38.3% 9 125.0% $285,000 36.0% $236,200 10.8% $2,126,000 149.3%

Condo - - - - - - - - - -

BetHleHeM

1 Family 108 -63.7% 5 -37.5% $290,000 21.1% $262,600 13.9% $1,313,000 -28.8%

Condo - - - - - - - - - -

BriDgeWater

1 Family 166 10.8% 6 200.0% $554,000 69.2% $591,800 80.7% $3,551,000 442.1%

Condo 250 - 1 - $210,000 - $210,000 - $210,000 -

canaan

1 Family 261 79.7% 10 11.1% $160,000 -3.0% $162,800 -31.3% $1,628,000 -23.6%

Condo 189 - 2 - $85,000 - $85,000 - $170,000 -

coleBrook

1 Family 182 31.5% 2 -50.0% $263,500 35.8% $263,500 47.4% $527,000 -26.3%

Condo - - - - - - - - - -

cornWall

1 Family 220 58.7% 2 -33.3% $572,300 466.6% $572,300 236.1% $1,145,000 124.1%

Condo - - - - - - - - - -

gosHen

1 Family 172 -34.6% 10 -9.1% $272,500 -14.8% $375,300 17.7% $3,753,000 7.0%

Condo - - - - - - - - - -

HarWinton

1 Family 169 15.3% 15 0.0% $220,000 0.0% $252,800 4.1% $3,793,000 4.1%

Condo - - - - - - - - - -

kent

1 Family 271 13.2% 3 -50.0% $412,000 2.4% $842,300 114.3% $2,527,000 7.1%

Condo 79 -65.9% 1 -50.0% $169,000 5.6% $169,000 5.6% $169,000 -47.2%

litcHFielD

1 Family 211 9.6% 16 0.0% $267,000 10.1% $376,200 -21.7% $6,019,000 -21.7%

Condo 251 750.8% 5 150.0% $285,000 3.6% $314,800 14.5% $1,574,000 186.1%

Morris

1 Family 98 -65.9% 7 133.3% $186,000 6.3% $206,600 21.8% $1,446,000 184.1%

Condo - - - - - - - - - -

neW HartForD

1 Family 101 -46.8% 18 -25.0% $322,500 8.4% $309,500 -22.8% $5,571,000 -42.1%

Condo - - - - - - - - - -

neW MilForD

1 Family 167 14.3% 24 -14.3% $249,000 -19.0% $305,900 -5.3% $7,342,000 -18.9%

Condo 175 55.6% 8 33.3% $172,500 139.6% $193,100 158.8% $1,545,000 245.1%

norFolk

1 Family 215 -47.6% 3 -50.0% $420,000 21.7% $353,300 -10.4% $1,060,000 -55.2%

Condo - - - - - - - - - -


Q2-2014


Litchfield County


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PlyMoutH

1 Family 200 46.5% 27 22.7% $140,000 -8.9% $149,400 -9.6% $4,034,000 11.0%

Condo 294 263.0% 2 100.0% $102,500 14.8% $102,500 14.8% $205,000 129.6%

roXBury

1 Family 235 11.0% 7 -30.0% $820,000 42.6% $1,061,500 74.9% $7,431,000 22.4%

Condo - - - - - - - - - -

salisBury

1 Family 240 -1.9% 12 -40.0% $445,100 -6.6% $573,800 -19.4% $6,885,000 -51.6%

Condo 447 743.4% 4 300.0% $315,000 10.5% $300,500 5.4% $1,202,000 321.8%

sHaron

1 Family 252 149.5% 7 133.3% $420,000 8.4% $461,100 20.3% $3,228,000 180.7%

Condo - - - - - - - - - -

tHoMaston

1 Family 145 12.0% 8 -65.2% $180,000 6.5% $172,800 -7.4% $1,382,000 -67.8%

Condo 122 -56.7% 4 33.3% $96,000 -36.0% $105,500 -21.1% $422,000 5.2%

torrington

1 Family 161 -2.2% 71 -13.4% $149,000 5.6% $154,900 7.5% $10,997,000 -6.9%

Condo 174 6.9% 16 33.3% $83,000 -12.6% $83,000 -8.6% $1,329,000 21.8%

Warren

1 Family 292 28.3% 4 100.0% $447,500 24.0% $518,600 43.7% $2,075,000 187.3%

Condo - - - - - - - - - -

WasHington

1 Family 191 -32.0% 6 -60.0% $440,000 12.8% $556,500 -42.5% $3,339,000 -77.0%

Condo 128 -11.6% 3 50.0% $168,000 -24.8% $170,300 -23.8% $511,000 14.3%

WatertoWn

1 Family 141 -17.1% 40 -4.8% $206,800 9.1% $222,900 3.1% $8,915,000 -1.8%

Condo 90 -47.9% 7 0.0% $210,000 5.0% $203,100 24.5% $1,422,000 24.5%

WincHester

1 Family 166 -16.9% 19 -13.6% $125,000 -29.5% $151,000 -32.9% $2,869,000 -42.0%

Condo 242 119.7% 3 200.0% $109,000 36.3% $109,400 36.8% $328,000 310.3%

WooDBury

1 Family 221 -3.3% 18 5.9% $340,300 21.8% $386,500 21.8% $6,957,000 29.0%

Condo 144 -33.5% 6 -40.0% $100,500 -11.9% $105,600 -3.2% $634,000 -41.9%




Middlesex County

Westbrook • www.262OldKelseyPointRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.262oldkelseypointrd.bhhsneproperties.com

Q2-2014


Middlesex County

Middlesex County sales numbers remained consistent or above Second Quarter 2013, with a slight decrease in average days on market for single family homes and condominiums to 149 days and 133 days respectively. The average sale price of single family homes was $294,200, down 1.7%, and the average for condominiums was $141,900, down 19.0%. Average rental prices showed a 3.4% increase at $1,443 per month.

Number of Sales

Days on Market

Q2 2014 518 89

Q1 2014 343 109

Q4 2013 407 94

Q3 2013 515 76

Q2 2013 540 88


Q2 2013


Q2 2014


Q2 2013


Q2 2014


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100000

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350000

400000

Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014





Q2-2014


Middlesex County

Days on Market sales MeDian sales Price average sales Price Dollar voluMeQTR 2 2014

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cHester

1 Family 135 -1.2% 15 25.0% $287,000 -0.5% $320,600 7.5% $4,810,000 34.4%

Condo - - - - - - - - - -

clinton

1 Family 149 -12.4% 44 -2.2% $213,800 -27.2% $262,800 -21.2% $11,565,000 -22.9%

Condo 227 128.3% 4 33.3% $105,000 -30.0% $138,000 -4.8% $552,000 26.9%

croMWell

1 Family 90 -33.6% 25 -16.7% $285,000 -7.9% $304,600 -1.8% $7,615,000 -18.2%

Condo 122 -7.8% 30 42.9% $133,500 -19.6% $129,600 -41.8% $3,889,000 -16.9%

DeeP river

1 Family 225 45.1% 13 85.7% $250,000 -26.5% $278,000 -25.5% $3,614,000 38.3%

Condo 283 - 2 - $80,100 - $80,100 - $160,000 -

DurHaM

1 Family 151 -12.0% 14 -17.6% $309,000 38.3% $311,400 38.4% $4,360,000 14.0%

Condo 106 -70.8% 1 -50.0% $240,000 2.1% $240,000 2.1% $240,000 -48.9%

east HaDDaM

1 Family 223 6.4% 31 -3.1% $289,000 8.2% $297,200 13.3% $9,214,000 9.8%

Condo - - - - - - - - - -

east HaMPton

1 Family 187 35.1% 27 -30.8% $246,000 7.0% $277,400 4.8% $7,490,000 -27.4%

Condo 106 -12.7% 7 -12.5% $114,000 -5.0% $100,100 -26.1% $701,000 -35.3%

esseX

1 Family 175 -29.4% 21 16.7% $400,000 24.3% $471,600 28.3% $9,903,000 49.7%

Condo 137 -58.1% 3 0.0% $195,000 -13.3% $204,300 -36.3% $613,000 -36.3%

HaDDaM

1 Family 174 4.1% 17 -22.7% $260,000 -3.3% $277,600 -5.1% $4,720,000 -26.7%

Condo - - - - - - - - - -

killingWortH

1 Family 136 -29.0% 19 5.6% $335,000 5.3% $340,000 -4.0% $6,460,000 1.3%

Condo - - - - - - - - - -

MiDDleFielD

1 Family 120 10.2% 11 0.0% $240,000 23.1% $313,500 58.0% $3,449,000 58.0%

Condo 166 80.1% 3 200.0% $209,300 7.3% $307,100 57.5% $921,000 372.5%

MiDDletoWn

1 Family 125 -5.9% 101 0.0% $235,000 5.4% $237,900 2.3% $24,032,000 2.3%

Condo 132 3.3% 43 26.5% $114,000 0.7% $121,600 1.5% $5,229,000 28.3%

olD sayBrook

1 Family 149 11.1% 34 -15.0% $320,000 -12.4% $386,600 -24.6% $13,145,000 -35.9%

Condo 81 -42.0% 4 33.3% $337,500 -7.5% $354,500 9.7% $1,418,000 46.2%

PortlanD

1 Family 143 2.6% 32 0.0% $237,000 0.9% $251,000 4.2% $8,031,000 4.2%

Condo 140 8.2% 3 -57.1% $153,300 -24.3% $154,700 -27.2% $464,000 -68.8%

WestBrook

1 Family 121 15.3% 14 -46.2% $317,000 14.2% $327,200 -4.0% $4,580,000 -48.3%

Condo - - - - - - - - - -



New Haven County

Madison • www.566BostonPostRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.566BostonPostRoad.bhhsneproperties.com

Q2-2014


New Haven County

New Haven County’s days on market is at its lowest point in over eight quarters although pricing has not increased. Total dollar volume in sales reached $376,616,000, down 6.3% for single families and $73,527,000, down 11.5% for condominiums. The average sale price of single family homes was $259,000, down 1.3%, and the average for condominiums was $158,800, down 8.6%. Average rental prices showed a robust 22.5% increase to $1,813 per month.

Number of Sales

Days on Market

Q2 2014 1917 86

Q1 2014 1217 96

Q4 2013 1803 92

Q3 2013 2205 89

Q2 2013 2010 90


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Q2 2014


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Q2-2014


New Haven County


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ansonia

1 Family 124 -10.6% 29 11.5% $185,000 6.9% $174,200 -13.3% $5,051,000 -3.3%

Condo 46 -67.1% 1 0.0% $115,000 -14.8% $115,000 -14.8% $115,000 -14.8%

Beacon Falls

1 Family 126 -16.9% 7 -36.4% $280,000 -12.5% $222,600 -19.8% $1,558,000 -49.0%

Condo 89 -61.9% 3 50.0% $206,000 67.5% $178,600 45.2% $536,000 117.8%

BetHany

1 Family 117 -19.1% 12 -7.7% $308,500 21.0% $348,100 18.5% $4,177,000 9.4%

Condo - - - - - - - - - -

BranForD

1 Family 175 11.7% 48 -15.8% $296,500 5.9% $363,900 5.8% $17,466,000 -10.9%

Condo 154 -5.2% 45 -8.2% $177,000 14.2% $215,200 13.8% $9,685,000 4.5%

cHesHire

1 Family 127 -8.7% 76 13.4% $315,500 17.7% $337,200 16.3% $25,626,000 31.9%

Condo 158 -8.5% 16 -23.8% $163,500 -25.0% $204,000 -18.3% $3,264,000 -37.8%

DerBy

1 Family 160 -9.1% 17 70.0% $167,500 -2.9% $179,900 -14.9% $3,058,000 44.7%

Condo 187 48.0% 8 14.3% $148,500 -11.0% $140,700 -8.1% $1,126,000 5.1%

east Haven

1 Family 160 32.6% 45 -4.3% $176,000 8.6% $190,200 11.4% $8,558,000 6.6%

Condo 166 1.4% 20 17.6% $117,000 1.7% $137,800 3.7% $2,756,000 22.0%

guilForD

1 Family 170 27.1% 76 0.0% $384,500 1.2% $476,900 11.8% $36,243,000 11.8%

Condo 107 -51.0% 11 10.0% $170,000 -24.9% $248,000 -23.6% $2,728,000 -15.9%

HaMDen

1 Family 140 7.7% 127 -13.0% $214,500 -0.3% $232,800 -3.3% $29,562,000 -15.9%

Condo 110 -32.4% 38 0.0% $152,500 14.6% $152,000 12.4% $5,776,000 12.4%

MaDison

1 Family 164 -6.9% 71 7.6% $470,000 -15.3% $564,500 -11.6% $40,078,000 -4.9%

Condo 138 -22.9% 12 -29.4% $341,100 24.9% $379,100 4.7% $4,549,000 -26.1%

MeriDen

1 Family 125 -16.6% 101 -1.9% $140,000 -12.4% $144,200 -10.5% $14,562,000 -12.3%

Condo 128 -9.0% 29 61.1% $82,500 -29.5% $92,200 -18.5% $2,675,000 31.3%

MiDDleBury

1 Family 122 -14.6% 15 -11.8% $319,000 4.6% $279,100 -10.5% $4,186,000 -21.1%

Condo 292 - 4 - $393,000 - $392,700 - $1,571,000 -

MilForD

1 Family 120 -7.8% 106 -1.9% $275,000 -6.4% $321,300 6.6% $34,054,000 4.6%

Condo 129 -0.3% 33 -8.3% $184,900 -4.4% $190,900 -16.5% $6,299,000 -23.5%

naugatuck

1 Family 152 7.1% 64 -14.7% $155,000 -3.1% $155,500 -6.8% $9,949,000 -20.5%

Condo 123 -14.5% 13 0.0% $78,000 -1.3% $72,800 -5.6% $947,000 -5.6%

neW Haven

1 Family 125 5.1% 89 1.1% $198,000 29.0% $237,800 1.0% $21,163,000 2.1%

Condo 101 -38.9% 48 -4.0% $145,000 -30.5% $180,900 -9.8% $8,684,000 -13.4%


Q2-2014


New Haven County


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nortH BranForD

1 Family 113 -16.1% 28 16.7% $270,000 -8.8% $277,600 -10.0% $7,772,000 4.9%

Condo 158 -1.5% 6 -33.3% $153,500 -4.1% $169,900 9.9% $1,020,000 -26.7%

nortH Haven

1 Family 203 50.2% 46 -34.3% $270,800 2.9% $285,800 -0.5% $13,149,000 -34.6%

Condo 270 185.8% 7 0.0% $220,000 -2.2% $191,600 -4.9% $1,341,000 -4.9%

orange

1 Family 118 10.6% 28 7.7% $369,500 4.5% $381,900 1.1% $10,693,000 8.9%

Condo - - - - - - - - - -

oXForD

1 Family 157 -9.2% 16 -55.6% $385,000 14.2% $367,200 9.3% $5,875,000 -51.4%

Condo 179 5.0% 3 -70.0% $430,000 11.4% $430,000 9.7% $1,290,000 -67.1%

ProsPect

1 Family 160 0.1% 13 -56.7% $183,000 -21.0% $196,700 -18.1% $2,557,000 -64.5%

Condo 169 - 1 - $188,000 - $188,000 - $188,000 -

seyMour

1 Family 117 -14.1% 26 -3.7% $217,500 -16.3% $236,700 -9.2% $6,154,000 -12.6%

Condo 221 12.1% 8 14.3% $88,000 -51.6% $99,400 -33.7% $795,000 -24.3%

soutHBury

1 Family 133 -12.4% 35 6.1% $362,000 7.4% $347,300 -0.6% $12,155,000 5.4%

Condo 143 -16.6% 53 -7.0% $125,000 31.6% $133,900 26.2% $7,096,000 17.3%

WallingForD

1 Family 134 -9.6% 83 5.1% $235,000 0.9% $245,900 -7.1% $20,414,000 -2.4%

Condo 180 43.1% 34 -8.1% $162,800 3.0% $165,700 -8.9% $5,633,000 -16.2%

WaterBury

1 Family 128 -17.2% 163 2.5% $77,000 -21.4% $86,100 -14.6% $14,039,000 -12.4%

Condo 109 -19.9% 48 2.1% $47,000 -33.8% $59,800 -27.8% $2,869,000 -26.3%

West Haven

1 Family 154 11.9% 80 6.7% $160,500 2.2% $153,900 -1.8% $12,313,000 4.7%

Condo 105 -25.7% 21 16.7% $89,000 -27.6% $105,200 -19.1% $2,210,000 -5.6%

Wolcott

1 Family 169 14.8% 31 6.9% $190,000 5.6% $221,500 8.2% $6,865,000 15.7%

Condo 69 -60.2% 1 -75.0% $375,000 107.2% $375,000 81.4% $375,000 -54.7%

WooDBriDge

1 Family 133 -2.1% 22 -35.3% $430,000 17.2% $424,600 7.9% $9,341,000 -30.2%

Condo - - - - - - - - - -



New London County

Stonington • www.153MontaukAve.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.153MontaukAvenue.bhhsneproperties.com

Q2-2014


New London County

New London County single family homes showed healthy gains over first quarter pricing. The average sale price of single family homes was $254,700, up 6.4%, and the average for condominiums was $146,800, down 10.0%. Average rental prices showed an 11.2% decrease to $1,365 per month. Total dollar volume in sales reached $157,940,000, down 2.1% year over year for single families and $13,804,000 for condominiums, down 10.0%.

Number of Sales

Days on Market

Q2 2014 714 96

Q1 2014 501 102

Q4 2013 685 96

Q3 2013 766 96

Q2 2013 768 100


Q2 2013


Q2 2014


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Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014





Q2-2014


New London County


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BoZraH

1 Family 146 -1.5% 7 250.0% $205,000 -43.1% $194,500 -46.1% $1,361,000 88.8%

Condo - - - - - - - - - -

colcHester

1 Family 146 20.3% 43 4.9% $250,000 13.6% $248,300 10.3% $10,678,000 15.7%

Condo 64 -58.0% 7 16.7% $160,000 23.6% $186,800 6.6% $1,308,000 24.4%

east lyMe

1 Family 127 -13.0% 48 -23.8% $277,700 -2.6% $311,000 -2.4% $14,929,000 -25.6%

Condo 227 41.2% 13 -18.7% $204,000 -24.2% $252,000 -0.4% $3,276,000 -19.1%

grisWolD

1 Family 123 -20.1% 21 -4.5% $145,000 -19.2% $142,000 -22.5% $2,983,000 -26.0%

Condo 160 -36.1% 6 20.0% $64,800 -28.1% $58,600 -18.7% $351,000 -2.5%

groton

1 Family 161 13.0% 55 7.8% $165,000 -10.1% $256,500 -14.4% $14,105,000 -7.7%

Condo 137 -17.6% 17 112.5% $115,000 0.0% $117,100 10.0% $1,990,000 133.8%

leBanon

1 Family 184 4.4% 14 -48.1% $207,100 -9.2% $219,800 -4.2% $3,077,000 -50.3%

Condo - - - - - - - - - -

leDyarD

1 Family 143 -7.2% 47 -2.1% $220,000 2.3% $219,600 7.0% $10,320,000 4.8%

Condo 105 11.0% 2 -66.7% $80,800 5.7% $80,800 -4.9% $162,000 -68.3%

lisBon

1 Family 149 3.7% 11 -35.3% $165,000 21.3% $151,000 6.3% $1,661,000 -31.2%

Condo - - - - - - - - - -

lyMe

1 Family 177 -16.6% 7 -30.0% $600,000 11.6% $668,200 -8.5% $4,678,000 -35.9%

Condo - - - - - - - - - -

Montville

1 Family 138 -9.5% 42 -27.6% $174,300 15.8% $206,000 25.8% $8,650,000 -8.9%

Condo 80 -49.6% 7 133.3% $46,000 -6.1% $75,600 56.4% $529,000 264.9%

Mystic

1 Family 150 0.2% 38 -7.3% $273,000 -13.3% $368,300 13.1% $13,997,000 4.9%

Condo 271 7.7% 3 -25.0% $325,000 12.7% $483,300 44.9% $1,450,000 8.7%

neW lonDon

1 Family 171 16.6% 33 -10.8% $139,000 20.9% $166,500 18.1% $5,494,000 5.4%

Condo 140 -30.4% 7 0.0% $104,000 -20.0% $106,100 -57.6% $743,000 -57.6%

nortH Franklin

1 Family 376 41.6% 3 50.0% $267,000 -8.1% $224,700 -22.7% $674,000 16.0%

Condo - - - - - - - - - -

nortH stonington

1 Family 129 -12.5% 9 -43.7% $195,000 -32.0% $237,500 -6.9% $2,138,000 -47.6%

Condo - - - - - - - - - -

norWicH

1 Family 163 -4.2% 66 -13.2% $132,500 20.5% $124,700 5.0% $8,232,000 -8.8%

Condo 175 -1.8% 17 -15.0% $110,000 -12.7% $108,200 -1.3% $1,840,000 -16.1%


Q2-2014


New London County


%CHg13-14

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olD lyMe

1 Family 187 39.9% 31 6.9% $360,000 9.1% $415,000 33.5% $12,865,000 42.7%

Condo 210 -42.5% 1 0.0% $220,000 -35.3% $220,000 -35.3% $220,000 -35.3%

Preston

1 Family 133 -61.0% 12 0.0% $188,000 -22.0% $199,800 -18.7% $2,398,000 -18.7%

Condo - - - - - - - - - -

saleM

1 Family 122 -28.2% 11 -35.3% $260,000 2.0% $272,300 2.0% $2,996,000 -34.0%

Condo 104 -40.1% 2 0.0% $26,500 -20.3% $26,500 -20.3% $53,000 -20.3%

sPrague

1 Family 193 -17.3% 7 133.3% $170,000 13.3% $194,800 41.5% $1,364,000 230.2%

Condo - - - - - - - - - -

stonington

1 Family 160 0.2% 45 0.0% $269,900 1.8% $327,700 6.9% $14,746,000 6.9%

Condo 309 8.9% 3 0.0% $235,000 -12.9% $254,200 7.6% $763,000 7.6%

voluntoWn

1 Family 109 37.8% 12 140.0% $245,000 12.9% $252,400 8.2% $3,029,000 159.6%

Condo - - - - - - - - - -

WaterForD

1 Family 125 -11.4% 58 11.5% $240,000 6.2% $302,900 25.0% $17,566,000 39.4%

Condo 138 -19.1% 9 -30.8% $115,000 -14.8% $124,400 -18.2% $1,120,000 -43.4%



Tolland County

Union • www.18GilbronsonRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.18GilbronsonRoad.bhhsneproperties.com

Q2-2014


Tolland County

Tolland County saw the most growth across the state when compared to Second Quarter 2013. Total dollar volume in sales reached $76,940,000, identical for single families and $8,922,000 for condominiums, up 2.0%. The average sale price of single family homes was $238,200, up 1.8%, and the average for condominiums was $165,200, down 3.6%. Days on market dropped 11.6% to 84 days for all home types. Average rental prices showed a 2.5% increase to $1,370 per month.

Number of Sales

Days on Market

Q2 2014 377 84

Q1 2014 245 103

Q4 2013 326 94

Q3 2013 450 67

Q2 2013 382 95


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Q2-2014


Tolland County


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aMston

1 Family 161 59.3% 13 85.7% $220,000 -15.4% $221,600 -15.9% $2,880,000 56.2%

Condo - - - - - - - - - -

anDover

1 Family 108 -30.8% 7 16.7% $194,000 -12.3% $204,200 -16.3% $1,430,000 -2.4%

Condo - - - - - - - - - -

Bolton

1 Family 201 73.3% 9 -10.0% $212,900 -15.7% $268,400 -1.0% $2,415,000 -10.9%

Condo - - - - - - - - - -

coluMBia

1 Family 139 -21.7% 17 -22.7% $280,000 33.7% $288,400 28.8% $4,902,000 -0.5%

Condo - - - - - - - - - -

coventry

1 Family 122 -30.1% 37 19.4% $219,000 16.8% $205,400 7.4% $7,601,000 28.2%

Condo 104 -74.4% 3 200.0% $114,900 -35.8% $109,900 -38.6% $330,000 84.1%

ellington

1 Family 173 22.0% 39 8.3% $272,000 7.2% $321,500 3.6% $12,540,000 12.2%

Condo 158 57.1% 5 -44.4% $354,000 195.0% $333,700 152.4% $1,668,000 40.2%

HeBron

1 Family 138 -21.4% 9 -60.9% $205,000 -28.1% $229,300 -17.3% $2,064,000 -67.6%

Condo 199 145.1% 2 100.0% $208,100 -23.8% $208,100 -23.8% $416,000 52.5%

MansFielD

1 Family 147 -26.0% 22 -26.7% $265,700 22.7% $303,200 28.6% $6,670,000 -5.7%

Condo 134 -15.6% 8 0.0% $157,000 -24.2% $170,100 -13.9% $1,361,000 -13.9%

soMers

1 Family 149 -28.9% 23 -34.3% $279,000 3.3% $295,600 0.5% $6,799,000 -34.0%

Condo 226 45.8% 2 -33.3% $407,500 14.2% $407,500 10.8% $815,000 -26.2%

staFForD

1 Family 132 -9.5% 21 -19.2% $202,000 31.4% $195,700 16.6% $4,109,000 -5.8%

Condo 98 -67.4% 9 50.0% $92,000 -19.3% $100,100 -11.1% $901,000 33.4%

tollanD

1 Family 131 4.0% 37 -7.5% $250,000 3.7% $255,100 0.7% $9,439,000 -6.9%

Condo - - - - - - - - - -

union

1 Family 243 - 1 - $60,000 - $60,000 - $60,000 -

Condo - - - - - - - - - -

vernon

1 Family 125 4.3% 76 22.6% $178,500 1.1% $173,200 0.0% $13,164,000 22.6%

Condo 159 26.1% 23 27.8% $135,000 -0.7% $141,000 -5.8% $3,243,000 20.4%

Willington

1 Family 120 122.2% 10 233.3% $217,300 27.8% $267,900 81.8% $2,679,000 505.9%

Condo 267 -33.7% 2 100.0% $94,300 -43.9% $94,300 -43.9% $189,000 12.2%



Windham County

Pomfret • www.47MurdockRd.bhhsNEproperties.com

FAIRFIELD

NEW HAVEN


WINDHAM



http://www.47MurdockRd.bhhsneproperties.com

Q2-2014


Windham County

Windham County’s condominium prices increased again this quarter, achieving the highest median prices since 2012. Total dollar volume in sales increased year over year reaching $2,977,000 for condominiums and $45,110,000, down 1.9% for single families. Average prices of single family homes was $163,400, down 4.0%, and the average for condominiums was $135,300, up 7.9%. Average rental prices showed a 12.9% decrease to $1,027 per month.

Number of Sales

Days on Market

Q2 2014 298 95

Q1 2014 186 98

Q4 2013 265 106

Q3 2013 296 99

Q2 2013 284 92


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Q2-2014


Windham CountyDays on Market sales MeDian sales Price average sales Price Dollar voluMeQTR 22014

%CHg13-14

QTR 22014

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asHForD

1 Family 106 -29.7% 10 -37.5% $117,100 -35.7% $147,300 -13.5% $1,473,000 -45.9%

Condo - - - - - - - - - -

Brooklyn

1 Family 115 -7.9% 18 -37.9% $200,000 -2.9% $201,500 -1.9% $3,627,000 -39.1%

Condo 49 -94.5% 1 0.0% $235,000 7.1% $235,000 7.1% $235,000 7.1%

canterBury

1 Family 183 14.8% 10 66.7% $211,500 15.9% $203,300 5.7% $2,033,000 76.2%

Condo - - - - - - - - - -

cHaPlin

1 Family 91 -46.2% 5 25.0% $144,000 44.1% $130,500 7.6% $652,000 34.6%

Condo - - - - - - - - - -

eastForD

1 Family 225 52.9% 4 100.0% $168,000 -22.8% $154,200 -29.1% $617,000 41.8%

Condo - - - - - - - - - -

HaMPton

1 Family 378 164.4% 5 -28.6% $189,500 18.5% $183,500 19.1% $918,000 -14.9%

Condo - - - - - - - - - -

killingly

1 Family 125 -1.9% 42 -19.2% $135,500 -14.9% $147,900 -9.8% $6,213,000 -27.1%

Condo 178 -61.1% 9 800.0% $114,500 -13.8% $124,300 -6.5% $1,119,000 741.8%

PlainFielD

1 Family 120 -16.3% 41 28.1% $154,900 12.2% $144,700 8.6% $5,932,000 39.1%

Condo 36 -72.7% 1 -80.0% $106,000 -3.6% $106,000 19.8% $106,000 -76.0%

PoMFret

1 Family 160 25.9% 12 50.0% $261,300 8.4% $255,000 -2.8% $3,060,000 45.7%

Condo - - - - - - - - - -

PutnaM

1 Family 116 -10.9% 17 -15.0% $148,500 -13.7% $148,800 -19.0% $2,529,000 -31.1%

Condo 252 117.4% 9 200.0% $185,000 12.1% $151,000 -6.0% $1,359,000 181.9%

scotlanD

1 Family 102 - 1 - $188,000 - $188,000 - $188,000 -

Condo - - - - - - - - - -

sterling

1 Family 101 -25.3% 9 0.0% $124,000 -16.2% $134,400 -10.9% $1,210,000 -10.9%

Condo - - - - - - - - - -

tHoMPson

1 Family 157 -11.4% 22 46.7% $155,000 2.6% $171,900 7.1% $3,782,000 57.1%

Condo - - - - - - - - - -

WinDHaM

1 Family 170 -2.6% 49 48.5% $128,000 20.8% $120,800 13.9% $5,919,000 69.2%

Condo 66 - 1 - $72,000 - $72,000 - $72,000 -

WooDstock

1 Family 155 -6.1% 28 -17.6% $226,300 14.6% $226,300 2.8% $6,337,000 -15.3%

Condo 57 -23.0% 1 -66.7% $86,400 -24.5% $86,400 -27.3% $86,000 -75.8%


bhhs new england properties 2014 q2 connecticut market report

Documents

housing market

market conditions

current market

spring market

connecticut market reportback

connecticuts rental

median sales price

pending sales