March 2015

MARKET ACTION REPORT

Charles Nedder
Market Specialist
203-524-4303
WWW.CNEDDER.COM
CNEDDER@MSN.COM

Zip Code: 06870

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

Month

LM

L3M PYM

Trending Versus*:

LY

$2,295,000
$2,819,671
$1,150,000
$1,370,000
72
3
262
$864
$588
24.0
93.8%

YTD

PriorYTD

PriorYear

$1,295,000
$1,526,124
9
189
$804
$568
29.7
96.4%

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

Property Sales
March Property sales were 3, down -40.0% from 5 in March of 2014 and -40.0% lower than the 5 sales last month. March 2015 sales were at their lowest level
compared to March of 2014 and 2013. March YTD sales of 9 are running -30.8% behind last year's year-to-date sales of 13.

Prices
The Median Sales Price in March was $1,150,000, up 17.9% from $975,000 in March of 2014 and down -22.0% from $1,475,000 last month. The Average
Sales Price in March was $1,370,000, down -6.8% from $1,470,000 in March of 2014 and down -17.9% from $1,669,000 last month. March 2015 ASP was at
the lowest level compared to March 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 Greenwich Association of Realtors, Inc. for the period 4/1/2012 through 3/31/2015. 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.

March 2015

MARKET ACTION REPORT

Charles Nedder
Market Specialist
203-524-4303
WWW.CNEDDER.COM
CNEDDER@MSN.COM

Zip Code: 06870

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

Inventory & MSI

The Total Inventory of Properties available for sale as of March was 72, up 30.9% from 55 last month and down -1.4% from 73 in March of last year. March
2015 Inventory was at the lowest level compared to March of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The March 2015 MSI of 24.0 months was at its highest level
compared with March 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 March was 262, up 56.0% from 168 days
last month and up 151.9% from 104 days in March of last year. The March 2015 DOM was at its highest level compared with March 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 March 2015 Selling Price per Square Foot of $588 was up 8.3% from $543 last month and up 12.0% from $525 in March 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 Greenwich Association of Realtors, Inc. for the period 4/1/2012 through 3/31/2015. 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.

March 2015

MARKET ACTION REPORT

Charles Nedder
Market Specialist
203-524-4303
WWW.CNEDDER.COM
CNEDDER@MSN.COM

Zip Code: 06870

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 March 2015 Selling Price vs List Price of 93.8% was
down from 95.6% last month and down from 97.7% in March 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 March 2015 was 29, up 107.1% from 14 last month
and up 52.6% from 19 in March 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 Greenwich Association of Realtors, Inc. for the period 4/1/2012 through 3/31/2015. 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.

March 2015

MARKET ACTION REPORT

Charles Nedder
Market Specialist
203-524-4303
WWW.CNEDDER.COM
CNEDDER@MSN.COM

Zip Code: 06870

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

Homes Sold
3 Mo. Roll Avg
(000's)

MedianSalePrice
3 Mo. Roll Avg

A 12
5

M
11

J
9
8

J
19
13

A
11
13

S
5
12

O
4
7

N
5
5

D J 13
8
3
6
5

F
7
6

M
6
5

A
9
7

M
14
10

J
17
13

J
12
14

A
14
14

S
5
10

O
9
9

N
4
6

D J 14
6
6
6
5

F
2
5

M
5
4

A
8
5

M
9
7

J
19
12

J
17
15

A
10
15

S
5
11

O
7
7

N
5
6

D J 15
12
1
8
6

F
5
6

M
3
3

A 12

D J 13

D J 14

D J 15

2,025 1,795 1,771 1,800 2,225 1,860 1,740 942 1,940 1,470 1,963 1,880 1,150 1,483 1,749 1,313 1,531 650 1,332 1,619 1,678 1,648 2,440 975 1,578 1,175 1,950 2,900 2,163 2,850 2,788 2,500 2,795 1,280 1,475 1,150
1,864 1,789 1,932 1,962 1,942 1,514 1,541 1,451 1,791 1,771 1,664 1,504 1,461 1,515 1,531 1,165 1,171 1,200 1,543 1,648 1,922 1,688 1,664 1,243 1,568 2,008 2,338 2,638 2,600 2,713 2,694 2,192 1,850 1,302

Inventory
MSI

A 12
90
18

Days On Market
3 Mo. Roll Avg

A 12 M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
195 203 189 134 147 263 403 159 280 122 201 157 97 142 153 105 144 120 110 122 126 146 403 104 144 117 130 153 104 147 152 125 164 76 168 262
196 175 157 181 271 275 281 187 201 160 152 132 131 133 134 123 125 117 119 131 225 218 217 122 130 133 129 135 134 141 147 122 136 169

Price per Sq Ft
3 Mo. Roll Avg

A 12 M
J
J
A
S
O
N
D J 13
F M
A M
J
J
A
S
O
N
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
509 590 663 633 595 717 565 471 657 493 598 611 573 606 719 650 616 532 577 546 621 698 611 525 721 627 675 923 687 913 812 688 829 633 543 588
587 629 630 648 626 584 564 540 583 567 594 597 633 658 662 599 575 552 581 622 643 611 619 624 674 742 762 841 804 804 776 717 668 588
A 12

Sale to List Price

3 Mo. Roll Avg

New Listings
Inventory
Sales
(000's)

Avg Sale Price

3 Mo. Roll Avg

M
95
9

J
88
10

J
73
4

A
64
6

S
70
14

O
73
18

N
65
13

D J 13
48 57
6 19

D J 13

F
66
9

M
76
13

A
95
11

M
92
7

J
80
5

J
78
7

A
66
5

S
81
16

O
76
8

N
68
17

D J 14
52 47
9
8

D J 14

F
66
33

M
73
15

A M
96 101
12 11

J
93
5

J
79
5

A
67
7

S
70
14

O
64
9

N
59
12

D J 15
42 54
4 54

D J 15

F
55
11

M
72
24

0.929 0.915 0.953 0.954 0.947 0.962 0.942 0.948 0.940 0.940 0.923 0.968 0.960 0.967 0.968 0.938 0.970 0.985 0.942 0.944 0.951 0.945 0.935 0.977 0.965 0.934 0.950 0.969 0.972 0.944 0.985 0.904 0.945 1.114 0.956 0.938
0.932 0.941 0.951 0.954 0.950 0.951 0.943 0.943 0.934 0.944 0.950 0.965 0.965 0.958 0.959 0.964 0.966 0.957 0.946 0.947 0.944 0.952 0.959 0.959 0.950 0.951 0.964 0.962 0.967 0.944 0.945 0.988 1.005 1.003

A 12
20
90
5

M
20
95
11

J
8
88
9

J
10
73
19

A
9
64
11

S
20
70
5

O
12
73
4

N
4
65
5

D J 13
0 14
48 57
8
3

F
22
66
7

M
18
76
6

A
34
95
9

M
17
92
14

J
13
80
17

J
18
78
12

A
4
66
14

S
27
81
5

O
12
76
9

N
1
68
4

D J 14
0
7
52 47
6
6

F
24
66
2

M
19
73
5

A M
32 19
96 101
8
9

A 12

D J 13

D J 14

J
19
93
19

J
12
79
17

A
4
67
10

S
15
70
5

O
10
64
7

N
6
59
5

D J 15
3 16
42 54
12
1

F
14
55
5

M
29
72
3

D J 15

1,823 1,813 3,074 2,520 1,938 2,701 1,886 1,879 2,313 1,364 1,982 2,316 1,515 1,691 2,043 1,563 1,827 1,127 1,660 1,723 1,699 2,058 2,440 1,470 1,938 1,788 2,106 3,231 2,937 4,389 2,441 3,009 2,892 1,280 1,669 1,370
2,237 2,469 2,511 2,386 2,175 2,155 2,026 1,852 1,886 1,887 1,937 1,841 1,749 1,766 1,811 1,505 1,538 1,503 1,694 1,827 2,066 1,989 1,949 1,732 1,944 2,375 2,758 3,519 3,256 3,280 2,781 2,394 1,947 1,440

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 Greenwich Association of Realtors, Inc. for the period 4/1/2012 through 3/31/2015. 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.