MARKET ACTION REPORT October 2017

Sean Page
Sales Associate
City: West Hartford 860-966-6761
www.seanpage.com
sean.page@cbmoves.com
Price Range: 0 to 999999999 | Properties: Single Family Home
Trending Versus*: Trending Versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $349,900 4% -3%
Average List Price of all Current Listings $421,433 0% -4%
October Median Sales Price $325,000 14% 2% 3% 7% $320,000 3% 6%
October Average Sales Price $357,127 20% -3% -1% 5% $356,207 3% 5%
Total Properties Currently for Sale (Inventory) 275 -2% 2%
October Number of Properties Sold 59 5% 18% 696 2%
October Average Days on Market (Solds) 75 19% 42% 71% 27% 51 -14% -14%
Asking Price per Square Foot (based on New Listings) $155 -1% -2% -9% -8% $168 -1% -1%
October Sold Price per Square Foot $162 5% -2% -5% -1% $167 3% 3%
October Month's Supply of Inventory 4.7 -7% 8% -14% 3% 3.7 -19% -19%
October Sale Price vs List Price Ratio 93.9% -1.4% -2% -2% -0.4% 95.3% 0.9% 1.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
October Property sales were 59, up 18.0% from 50 in October of 2016 and 5.4% higher than the 56 sales last month. October 2017 sales were at a mid level
compared to October of 2016 and 2015. October YTD sales of 696 are running 1.6% ahead of last year's year-to-date sales of 685.

Prices
The Median Sales Price in October was $325,000, up 3.1% from $315,250 in October of 2016 and up 14.0% from $285,000 last month. The Average Sales
Price in October was $357,127, down -1.2% from $361,440 in October of 2016 and up 19.6% from $298,604 last month. October 2017 ASP was at a mid
range compared to October of 2016 and 2015.

2017 Coldwell Banker Residential Brokerage. 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 SmartMLS for the period 11/1/2014 through 10/31/2017. 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.
MARKET ACTION REPORT October 2017
Sean Page
Sales Associate
City: West Hartford 860-966-6761
www.seanpage.com
sean.page@cbmoves.com
Price Range: 0 to 999999999 | Properties: Single Family Home
Inventory & MSI
The Total Inventory of Properties available for sale as of October was 275, down -1.8% from 280 last month and up 1.5% from 271 in October of last year.
October 2017 Inventory was at a mid range compared to October of 2016 and 2015.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2017 MSI of 4.7 months was at its lowest level
compared with October of 2016 and 2015.

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 October was 75, up 19.0% from 63 days
last month and up 70.5% from 44 days in October of last year. The October 2017 DOM was at its highest level compared with October of 2016 and 2015.

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 October 2017 Selling Price per Square Foot of $162 was up 4.5% from $155 last month and down -4.7% from $170 in October of last year.

2017 Coldwell Banker Residential Brokerage. 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 SmartMLS for the period 11/1/2014 through 10/31/2017. 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.
MARKET ACTION REPORT October 2017
Sean Page
Sales Associate
City: West Hartford 860-966-6761
www.seanpage.com
sean.page@cbmoves.com
Price Range: 0 to 999999999 | 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 October 2017 Selling Price vs List Price of 93.9% was
down from 95.2% last month and down from 95.8% in October 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 October 2017 was 88, down -4.3% from 92 last
month and up 25.7% from 70 in October of last year.

2017 Coldwell Banker Residential Brokerage. 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 SmartMLS for the period 11/1/2014 through 10/31/2017. 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.
MARKET ACTION REPORT October 2017
Sean Page
Sales Associate
City: West Hartford 860-966-6761
www.seanpage.com
sean.page@cbmoves.com
Price Range: 0 to 999999999 | Properties: Single Family Home

N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
Homes Sold 42 53 29 36 34 44 62 101 100 69 56 64 47 64 39 37 58 57 72 122 103 83 64 50 44 47 48 43 69 54 74 112 92 89 56 59
3 Mo. Roll Avg 41 39 33 38 47 69 88 90 75 63 56 58 50 47 45 51 62 84 99 103 83 66 53 47 46 46 53 55 66 80 93 98 79 68

(000's) N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
MedianSalePrice 290 280 260 250 292 304 299 328 305 350 300 270 250 281 315 295 290 280 319 333 315 312 277 315 301 280 283 305 320 290 345 336 342 325 285 325
3 Mo. Roll Avg 277 263 267 282 298 310 311 328 318 306 273 267 282 297 300 288 296 311 322 320 301 301 297 298 288 289 302 305 319 324 341 334 317 312

N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
Inventory 263 190 193 179 228 263 338 351 339 338 343 330 302 231 241 228 286 301 306 274 283 278 289 271 228 185 170 175 195 211 265 278 300 291 280 275
MSI 6 4 7 5 7 6 5 3 3 5 6 5 6 4 6 6 5 5 4 2 3 3 5 5 5 4 4 4 3 4 4 2 3 3 5 5

N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
Days On Market 41 73 64 80 58 54 50 40 40 54 56 60 62 59 54 84 68 75 65 48 50 62 57 44 42 70 72 55 56 41 48 40 34 51 63 75
3 Mo. Roll Avg 59 72 67 64 54 48 43 45 50 57 59 60 58 66 69 76 69 63 54 53 56 54 48 52 61 66 61 51 48 43 41 42 49 63

N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
Price per Sq Ft 157 156 149 146 160 162 170 170 169 168 169 160 153 152 153 157 160 154 161 169 169 171 153 170 167 156 156 165 164 171 171 175 173 167 155 162
3 Mo. Roll Avg 154 150 152 156 164 167 170 169 169 166 161 155 153 154 157 157 158 161 166 170 164 165 163 164 160 159 162 167 169 172 173 172 165 161

N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
Sale to List Price 0.943 0.919 0.924 0.923 0.947 0.971 0.947 0.963 0.946 0.911 0.931 0.928 0.918 0.920 0.927 0.915 0.929 0.938 0.950 0.953 0.954 0.946 0.940 0.958 0.944 0.928 0.930 0.946 0.937 0.961 0.964 0.959 0.956 0.967 0.952 0.939
3 Mo. Roll Avg 0.929 0.922 0.931 0.947 0.955 0.960 0.952 0.940 0.929 0.923 0.926 0.922 0.922 0.921 0.924 0.927 0.939 0.947 0.952 0.951 0.947 0.948 0.947 0.943 0.934 0.935 0.938 0.948 0.954 0.961 0.960 0.961 0.958 0.953

N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
New Listings 59 26 78 48 133 148 190 146 106 89 102 86 86 34 92 74 162 134 132 111 102 92 102 70 52 43 71 83 114 128 172 121 104 74 92 88
Inventory 263 190 193 179 228 263 338 351 339 338 343 330 302 231 241 228 286 301 306 274 283 278 289 271 228 185 170 175 195 211 265 278 300 291 280 275
Sales 42 53 29 36 34 44 62 101 100 69 56 64 47 64 39 37 58 57 72 122 103 83 64 50 44 47 48 43 69 54 74 112 92 89 56 59

(000's) N 14 D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M J J A S O
Avg Sale Price 303 321 282 257 329 312 360 377 339 370 338 282 304 324 340 322 328 323 346 389 347 354 301 361 307 325 289 321 343 331 383 374 409 371 299 357
3 Mo. Roll Avg 302 287 289 299 334 349 359 362 349 330 308 304 323 329 330 324 333 353 361 363 334 339 323 331 307 312 318 332 352 363 389 385 360 342

2017 Coldwell Banker Residential Brokerage. 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 SmartMLS for the period 11/1/2014 through 10/31/2017. 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.