MARKET ACTION REPORT May 2017

Sean Page
Sales Associate
City: W 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 $362,950 -4% -3%
Average List Price of all Current Listings $421,355 -6% -3%
May Median Sales Price $340,500 17% 5% 7% 12% $310,000 3% 2%
May Average Sales Price $381,043 14% 9% 11% 12% $338,099 2% -1%
Total Properties Currently for Sale (Inventory) 360 57% 21%
May Number of Properties Sold 69 33% -6% 281 7%
May Average Days on Market (Solds) 50 22% -2% -22% -15% 54 -22% -9%
Asking Price per Square Foot (based on New Listings) $181 1% 2% 5% 7% $177 5% 4%
May Sold Price per Square Foot $172 0% 2% 8% 6% $166 6% 2%
May Month's Supply of Inventory 5.2 19% 26% 28% 18% 4.0 -24% -10%
May Sale Price vs List Price Ratio 96.3% 0.3% 1% 2% 2.2% 94.8% 1.5% 0.6%
* 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 69, down -5.5% from 73 in May of 2016 and 32.7% higher than the 52 sales last month. May 2017 sales were at a mid level
compared to May of 2016 and 2015. May YTD sales of 281 are running 7.3% ahead of last year's year-to-date sales of 262.

Prices
The Median Sales Price in May was $340,500, up 6.7% from $319,000 in May of 2016 and up 17.3% from $290,250 last month. The Average Sales Price in
May was $381,043, up 11.2% from $342,646 in May of 2016 and up 14.3% from $333,503 last month. May 2017 ASP was at highest level compared to May
of 2016 and 2015.

2017 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 6/1/2014 through 5/31/2017. 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 May 2017
Sean Page
Sales Associate
City: W 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 May was 360, up 57.2% from 229 last month and up 20.8% from 298 in May of last year. May 2017
Inventory was at highest level compared to May of 2016 and 2015.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2017 MSI of 5.2 months was at a mid range
compared with May 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 May was 50, up 22.0% from 41 days last
month and down -21.9% from 64 days in May of last year. The May 2017 DOM was at its lowest level compared with May 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 May 2017 Selling Price per Square Foot of $172 was equal to $172 last month and up 7.5% from $160 in May of last year.

2017 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 6/1/2014 through 5/31/2017. 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 May 2017
Sean Page
Sales Associate
City: W 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 May 2017 Selling Price vs List Price of 96.3% was up
from 96.0% last month and up from 94.9% 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 2017 was 170, up 36.0% from 125 last month
and up 27.8% from 133 in May of last year.

2017 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 6/1/2014 through 5/31/2017. 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 May 2017
Sean Page
Sales Associate
City: W Hartford 860-966-6761
www.seanpage.com
sean.page@cbmoves.com
Price Range: 0 to 999999999 | Properties: Single Family Home

J 14 J A S O N 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
Homes Sold 99 98 82 57 58 42 53 29 36 34 44 62 101 100 69 56 65 46 63 39 37 56 57 73 122 104 83 62 50 43 46 48 43 69 52 69
3 Mo. Roll Avg 93 79 66 52 51 41 39 33 38 47 69 88 90 75 63 56 58 49 46 44 50 62 84 100 103 83 65 52 46 46 46 53 55 63

(000's) J 14 J A S O N 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
MedianSalePrice 325 336 327 275 265 290 280 260 250 292 304 299 328 305 350 300 266 253 280 315 295 288 280 319 333 315 312 282 315 300 282 283 305 320 290 341
3 Mo. Roll Avg 329 313 289 277 278 277 263 267 282 298 310 311 328 318 305 273 266 283 297 299 288 296 311 322 320 303 303 299 299 288 290 302 305 317

J 14 J A S O N 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
Inventory 313 320 297 299 286 261 186 188 175 223 256 331 345 330 328 331 319 290 220 232 223 281 293 298 265 274 262 278 261 223 179 167 172 194 229 360
MSI 3 3 4 5 5 6 4 6 5 7 6 5 3 3 5 6 5 6 3 6 6 5 5 4 2 3 3 4 5 5 4 3 4 3 4 5

J 14 J A S O N 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
Days On Market 53 39 51 46 50 41 73 64 80 58 54 50 40 40 54 56 60 63 59 54 84 68 75 64 48 52 62 58 44 40 70 72 55 56 41 50
3 Mo. Roll Avg 48 45 49 46 55 59 72 67 64 54 48 43 45 50 57 60 61 59 66 69 76 69 62 55 54 57 55 47 51 61 66 61 51 49

J 14 J A S O N 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
Price per Sq Ft 172 174 173 160 165 157 156 149 146 160 162 170 170 169 168 169 158 154 151 153 157 160 154 160 169 169 171 154 170 168 157 156 165 164 172 172
3 Mo. Roll Avg 173 169 166 161 159 154 150 152 156 164 167 170 169 169 165 160 154 153 154 157 157 158 161 166 170 165 165 164 165 160 159 162 167 169

J 14 J A S O N 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
Sale to List Price 0.955 0.967 0.928 0.942 0.925 0.943 0.919 0.924 0.923 0.947 0.971 0.947 0.963 0.946 0.911 0.931 0.928 0.916 0.920 0.927 0.915 0.929 0.938 0.949 0.953 0.953 0.946 0.940 0.958 0.945 0.926 0.930 0.946 0.937 0.960 0.963
3 Mo. Roll Avg 0.950 0.946 0.932 0.937 0.929 0.929 0.922 0.931 0.947 0.955 0.960 0.952 0.940 0.929 0.923 0.925 0.921 0.921 0.921 0.924 0.927 0.939 0.947 0.952 0.951 0.946 0.948 0.948 0.943 0.934 0.934 0.938 0.948 0.953

J 14 J A S O N 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
New Listings 115 115 73 104 100 58 26 78 47 132 147 189 146 105 89 102 85 85 34 90 75 161 134 133 110 100 88 100 70 52 42 71 82 114 125 170
Inventory 313 320 297 299 286 261 186 188 175 223 256 331 345 330 328 331 319 290 220 232 223 281 293 298 265 274 262 278 261 223 179 167 172 194 229 360
Sales 99 98 82 57 58 42 53 29 36 34 44 62 101 100 69 56 65 46 63 39 37 56 57 73 122 104 83 62 50 43 46 48 43 69 52 69

(000's) J 14 J A S O N 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
Avg Sale Price 363 378 391 325 310 303 321 282 257 329 312 360 377 339 370 338 279 308 315 340 322 328 323 343 389 349 354 307 361 307 329 289 321 343 334 381
3 Mo. Roll Avg 377 365 342 313 311 302 287 289 299 334 349 359 362 349 329 309 301 321 326 330 324 331 352 360 364 336 341 325 332 308 313 318 333 353

2017 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 6/1/2014 through 5/31/2017. 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.