MARKET ACTION REPORT May 2010

Fowler Home Connection

County: Fairfield (203) 450-SELL
fowlerhomeconnection.com
Your Real Estate Connection!
Price Range: All | Properties: Single Family
Trending versus*: Trending versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year
Median List Price of all Current Listings $615,000 3% -1%
Average List Price of all Current Listings $1,067,304 3% 4%
May Median Sales Price $432,250 -5% 1% 8% 0% $430,000 10% -0%
May Average Sales Price $642,486 -3% 2% 13% 3% $639,997 14% 3%
Total Properties Currently for Sale (Inventory) 6,009 1% -6%
May Number of Properties Sold 474 6% 22% 1,969 39%
May Average Days on Market (Solds) 112 -3% -3% -1% 1% 115 0% 4%
Asking Price per Square Foot (based on New Listings) $313 3% 6% -5% 9% $295 -1% 2%
May Sold Price per Square Foot $245 -3% 2% 7% 3% $240 6% 1%
May Month's Supply of Inventory 12.7 -5% -3% -23% -14% 13.9 -32% -6%
May Sale Price vs List Price Ratio 95.0% .3% 1.5% 1.5% 2.6% 93.4% 2.5% .9%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2009) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Number of Properties Sold 3 Mo Avg

1,000
Property Sales 900
924

May Property sales were 474, up 21.5% from 390 in 800

833
821

May of 2009 and 6.3% higher than the 446 sales last 700
month. May 2010 sales were at their highest level 600

633
625
609

579
500

548
compared to May of 2009 and 2008. May YTD sales

546

508
508
480

474
471

471
469

400

446
of 1,969 are running 39.0% ahead of last year's year-
431

423

413
411
400

390
387

380
379

364

300

339
to-date sales of 1,417.

309

297
294
282
272
264

200

220
204
100
0
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10

Median Sales Price and Average Sales Price

(000's)
Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg
Prices 900
The Median Sales Price in May was $432,250, up
800
8.3% from $399,000 in May of 2009 and down -
4.5% from $452,750 last month. The Average Sales 700
Price in May was $642,486, up 12.9% from 600
$568,847 in May of 2009 and down -3.3% from
$664,405 last month. May 2010 ASP was at a mid 500
range compared to May of 2009 and 2008. 400
300
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
8,000 25
The Total Inventory of Properties available for sale as of
May was 6,009, up 0.7% from 5,969 last month and 7,000
7,014
6,860

20
6,769
6,727

6,647
6,536

6,538

down -5.9% from 6,383 in May of last year. May 2010

6,508

6,000
6,435

6,383
6,331
6,171
6,155

6,138
6,024

6,008

6,009
5,969
5,845

5,843
5,808
5,736

Inventory was at its lowest level compared with May of

5,692

5,589

5,000
5,407

5,407
5,377

15
5,189

4,993
4,971

4,954

2009 and 2008.

4,839
4,735

4,650
4,592

4,000
4,198

3,000 10
A comparatively lower MSI is more beneficial for sellers 2,000
while a higher MSI is better for buyers. The May 2010 5
1,000
MSI of 12.7 months was at its lowest level compared with
May of 2009 and 2008. 0 0
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family
Data is provided courtesy of Consolidated MLS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
MARKET ACTION REPORT May 2010
Fowler Home Connection
County: Fairfield (203) 450-SELL
fowlerhomeconnection.com
Your Real Estate Connection!
Price Range: All | Properties: Single Family

Days On Market for Sold Properties

Market Time 150
Average Days on Market (Listing to Contract) for properties sold during the month 3 Mo Avg
The average Days On Market (DOM) shows how many 140
days the average Property is on the market before it 130
sells. An upward trend in DOM tends to indicate a move 113 112
120
towards more of a Buyer's market, a downward trend a 104
110
move towards more of a Seller's market. The DOM for 100
May was 112, down -3.4% from 116 days last month and 90
down -0.9% from 113 days in May of last year. The May 80
2010 DOM was at a mid level compared with May of 70
2009 and 2008. 60
50
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10

Selling Price per Square Foot

Average Selling Price per Square Foot for properties that sold during the month 3 Mo Avg
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for 340
the direction of Property values. Since Median Sales 320
Price and Average Sales price can be impacted by the
300
'mix' of high or low end Properties in the market, the 278
selling price per square foot is a more normalized 280
indicator on the direction of Property values. The May 260 245
2010 Selling Price per Square Foot of $245 was down - 230
240
2.8% from $252 last month and up 6.6% from 230 in
May of last year. 220
200
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10

Selling Price versus Listing Price Ratio

Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg
100%
Selling Price vs Original Listing Price 99%
The Selling Price vs Original Listing Price reveals the 98%
average amount that Sellers are agreeing to come down 97%
from their original list price. The lower the ratio is 96% 95.0%
below 100% the more of a Buyer's market exists, a ratio
95%
at or above 100% indicates more of a Seller's market. 93.6%
94%
The May 2010 Selling Price vs Original List Price of
95.0% was up from 94.7% last month and up from 93% 92.0%
93.6% in May of last year. 92%
91%
90%
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10

Inventory / New Listings / Sales

Inventory / New Listings / Sales 8,000 Inventory New Listings Sales
This last view of the market combines monthly 7,000
7,014
6,860

6,769
6,727

6,647

inventory of Properties for sale along with New Listings

6,536

6,538
6,508

6,000
6,435

6,383
6,331
6,171
6,155

6,138
6,024

6,008

6,009
5,969
5,845

5,843
5,808

and Sales. The graph shows the basic annual

5,736

5,692

5,589

5,000
5,407

5,407
5,377

5,189

4,993
4,971

seasonality of the market as well as the relationship

4,954
4,839
4,735

4,650
4,592

4,000
4,198

between these items. The number of New Listings in

May 2010 was 1,336, down -21.0% from 1,692 last 3,000
month and up 3.0% from 1,297 in May of last year. 2,000
1,000
0
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family
Data is provided courtesy of Consolidated MLS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
Inventory / Listings / Sales May 2010
Fowler Home Connection
County: Fairfield (203) 450-SELL
fowlerhomeconnection.com
Your Real Estate Connection!
Price Range: All | Properties: Single Family

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 2010 was 1,336, down -
21.0% from 1,692 last month and up 3.0% from 1,297 in May of last year.

8,000 Inventory New Listings Sales

7,000
7,014
6,860

6,769
6,727

6,647
6,536

6,538
6,508

6,435

6,383
6,331
6,000

6,171
6,155

6,138
6,024

6,008

6,009
5,969
5,845

5,843
5,808
5,736

5,692

5,589
5,407

5,407
5,377

5,000

5,189

4,993
4,971

4,954
4,839
4,735

4,650
4,592
4,000

4,198
3,000

2,000
1734
1732

1692
1673

1632

1553
1507

1496

1474

1459

1440
1385

1341
1336

1336
1322
1311
1297

1297
1284
1280

1,000

1220
1208

1182
1175

1144
1101

1030
994
985

958
924

833
821

762

706
633
625
471

480

469
518
387

379

264

364

380

431

609

548

411

400

272
543
282

204

220

309

294

390

546

579

423

508

508
490
471

339

297

413

446

474
0
J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
07 08 09 10

Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family
Data is provided courtesy of Consolidated MLS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.