William's Places: Connecticut: Prospect

Prospect, CT Market Report April 2009

PROSPECT, CT MARKET REPORT APRIL 2009

Here's a peek at the current real estate market in Prospect, CT:

Active Listings

57

New Listings

0

Average List Price

$350,205

Median List Price

$349,500

Average Sq. Ft.

2235

Median Sq. Ft.

2175

 The interesting thing about Prospect, CT's real estate market at the moment is that there are no new listings within the last month, so you know from that information that the majority of the homes for sale in Prospect, CT have been on the market for over a month, at least.

This is the price range of single-family homes in Prospect:

List Price

Houses

%

< 200,000

4

7

201,000-250,000

10

17.5

251,000-300,000

11

19

301,000-350,000

5

9

351,000-400,000

10

17.5

401,000-450,000

8

14

451,000-500,000

3

5

>501,000

6

11

 

Price Range in Prospect

 

 

 

 

 

 

 

 

 

 

Now, let's take a look at what's sold in Prospect, CT in the last month:

Closed Listings - 6

Average

Median

Days on Market

22

20

List Price

$182,700

$191,950

Sale Price

$174,500

$178,000

Sq. Ft.

1454

1587

LP/Sq. Ft.

$123.85

$136.66

SP/Sq. Ft.

$117.90

$126.15

SP/LP Ratio

95%

95%

So far, Prospect, CT has the best record of any of the towns in the Greater Waterbury area for average days on market and shares that distinction with two other areas with regard to list price/sale price ratios. The interesting thing about that is the fact that the average list price is over $175K more than what the average home sold for. So, who were the winners in the Prospect, CT home sales contest last month? Let's see:

Address

L/Price

S/Price

DOM

38 VALLEY LN

68000

55000

1

118 WATERBURY ROAD

99900

110000

8

24 LEE ROAD

284500

280000

50

70 SUMMIT

209000

186000

39

15 PINECREST DR

259900

246000

33

9 BUCKLEY LN

174900

170000

1

List vs. Sale Prices

 

 

 

 

 

 

 

 

 

 

 

Average days on Market for sold

 

 

 

 

 

 

 

 

 

 

 

Visit Prospect, CT for information about the town and local events. Looking for homes for sale in Prospect, CT? Stop by William's Places to start your home search.

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Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

Comment balloon 1 commentWilliam James Walton Sr. • April 10 2009 01:25AM
Prospect, CT Market Report April 2009
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PROSPECT, CT MARKET REPORT APRIL 2009 Here's a peek at the current real estate market in Prospect, CT : Active Listings 57 New Listings 0… more