May 2015

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

Trending Versus*:

Market Profile & Trends Overview

Median List Price of all Current Listings
Average List Price of all Current Listings
May Median Sales Price
May Average Sales Price
Total Properties Currently for Sale (Inventory)
May Number of Properties Sold
May Average Days on Market (Solds)
Asking Price per Square Foot (based on New Listings)
May Sold Price per Square Foot
May Month's Supply of Inventory
May Sale Price vs List Price Ratio

Month

LM

$349,900
$435,685
$299,000
$361,293
415
61
50
$184
$169
6.8
97.1%

1%
-1%
-2%
16%
45%
39%
-7%
3%
4%
4%
-1.1%

L3M PYM
4%
13%
-15%
4%
5%
2%
0%

9%
1%
1%
2%
34%
15%
32%
7%
-1%
16%
-2%

Trending Versus*:

LY

YTD

PriorYTD

PriorYear

2%
6%

$283,000
$315,540

1%
-5%

-4%
-8%

-6%
7%
2%
34%
0.3%

203
59
$175
$159
6.3
96.7%

3%
0%
1%
-1%
2%
-0.3%

11%
2%
-4%
25%
-0.2%

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

Property Sales
May Property sales were 61, up 15.1% from 53 in May of 2014 and 38.6% higher than the 44 sales last month. May 2015 sales were at a mid level compared
to May of 2014 and 2013. May YTD sales of 203 are running 2.5% ahead of last year's year-to-date sales of 198.

Prices
The Median Sales Price in May was $299,000, up 0.5% from $297,500 in May of 2014 and down -1.6% from $303,750 last month. The Average Sales Price in
May was $361,293, up 1.8% from $354,742 in May of 2014 and up 15.9% from $311,745 last month. May 2015 ASP was at highest level compared to May of
2014 and 2013.

2015 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the
Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered
service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 6/1/2012 through 5/31/2015. Due to MLS reporting methods and allowable reporting
policy, this data is only informational and may not be completely 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.

May 2015

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

Inventory & MSI

The Total Inventory of Properties available for sale as of May was 415, up 44.6% from 287 last month and up 33.9% from 310 in May of last year. May 2015
Inventory was at highest level compared to May of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2015 MSI of 6.8 months was at its highest level
compared with May of 2014 and 2013.

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 DOM tends 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 for May was 50, down -7.4% from 54 days
last month and up 31.6% from 38 days in May of last year. The May 2015 DOM was at its highest level compared with May of 2014 and 2013.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted
by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values.
The May 2015 Selling Price per Square Foot of $169 was up 4.3% from $162 last month and down -1.2% from $171 in May of last year.

2015 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the
Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered
service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 6/1/2012 through 5/31/2015. Due to MLS reporting methods and allowable reporting
policy, this data is only informational and may not be completely 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.

May 2015

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

Selling Price vs Listing Price

The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratio is below 100%
the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The May 2015 Selling Price vs List Price of 97.1% was down
from 98.2% last month and down from 99.3% in May of last year.

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 basic annual
seasonality of the market as well as the relationship between these items. The number of New Listings in May 2015 was 191, up 29.1% from 148 last month
and up 28.2% from 149 in May of last year.

2015 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the
Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered
service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 6/1/2012 through 5/31/2015. Due to MLS reporting methods and allowable reporting
policy, this data is only informational and may not be completely 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.