Glastonbury Market Report for September and 1st 3 Quarters Comparison

Glastonbury Market Report for Sept. and 1^st 3 Quarters

Residential

September
Active Listings - 180
New in Sept. - 58
Deposits - 24
Closed - 24
Avg.Sale Price - $421,737
SP/Sq.Ft. - $173.13
Avg.DOM - 43

Closed 1/1/2008 - 9/30/2008
249
Avg. Sale Price - $451,985
SP/Sq.Ft - $176.55
DOM- 60

Closed 1/1/2007 - 9/30/2008
300
Avg.Sale Price - $448,856
SP/Sq.Ft - $181.53
DOM -53

Comparing last year to this year sales are down by 17%, but the average sale price is up very minimally. Looking at September compared to the 1^st 3 quarters the average sale price is down 6.7%. Hopefully this is not a trend.

Condominiums

September
Active Listings - 35
New in September - 11
Deposits - 6
Closed - 7
Avg. Sale Price - $230,771
SP/Sq.Ft. - $158.98
DOM - 66

Closed 1/1/2008 - 9/30/2008
Closed - 75
Avg. Sale Price - $205,743
SP/Sq.Ft. - $161.44
DOM - 62

Closed 1/1/2007 - 9/30/2007
Closed - 129
Avg.Sale Price - $205,415
SP/Sq.Ft - $165.01
DOM - 46

Comparing last year to this year sales are down 42%, but prices remain realtively unchanged.