Monthly Sales Summary February 2009

Address                      Original price       List Price          Selling Price     L/S %

51 White Oak Shade   $1,950,000.        $1,195,000.       $1,150,000.         96%

312 Elm Street             $830,000.            $830,000.          $760,000.        92%

44 Valley Road            $1,375,000.        $1,375,000.       $1,077,000.        78%

New Listings March 1 – 7, 2009

66 Heritage Hill 1 bedroom/1bath     Condo       $339,000.

94 Heritage Hill 2 bedroom/1bath     Condo      $425,000.

415 Main Street 5 bedroom/3 bath    Cape Cod   $ 899,000.

47 Weed Street 4 bedroom/3 bath    Antique      $ 899,000.

25 Meadow Lane 4 bedroom/2 bath     Ranch      $ 1,099,000.

985 New Norwalk Road 4 bedroom/4 bath    Colonial     $ 1,150,000.

10 Nutmeg Lane 4 bedroom/2 bath    Colonial     $ 1,195,000.

16 Hidden Meadow Lane 5 bedrooms/4 baths   Contemporary    $1,295,000.

53 Fitch Lane 4 bedroom/3 bath    Contemporary    $ 1,299,000.

175 Hawks Hill 5 bedroom/3bath      Colonial      $ 1,895,000.

423 Carter Street 5 bedroom/4 bath      Modern     $ 1,899,999.

116 Adams Lane 4 bedroom/3 bath     Colonial      $ 1,992,000.

29 Beacon Hill Lane 5 bedroom/5 bath     Colonial     $ 2,995,000.

97 Charter Oak Drive 5 bedroom/6 bath     New Construction     $ 3,400,000.

64 Wydendown Road 9 bedroom/9 bath     Colonial     $ 10,900,000.

Monthly Housing sales 2007-2009

monthly-house-sales-figures3

The green and blue lines show the number of homes sold per month for the past two years.

As the chart indicates the market started to dip in October of 2007, but still had some life in it through 2008.

The sharp drop in closings during the fall of last year and through January is indicative of  the economic fallout.

The red line represents the recent 2009 closings and is starting to tick up. With the recent increased activity in the market we should see this line begin an up swing.