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MARKET ACTION REPORT

The Sound Partners

October 2011
Realtors 203-292-5173 thesoundpartners@gmail.com Make a Sound decision based on facts not hype

City: Darien
Price Range: ALL | Properties: Single Family Home

Trending Versus*:

Trending Versus*:

Market Profile & Trends Overview


Median List Price of all Current Listings Average List Price of all Current Listings October Median Sales Price October Average Sales Price Total Properties Currently for Sale (Inventory) October Number of Properties Sold October Average Days on Market (Solds) October Month's Supply of Inventory October Sale Price vs List Price Ratio

Month

LM

L3M PYM
6% -5% -10% 50% 3%

LY

YTD
$1,350,000 $1,612,804 181 131 13.3 92.1%

PriorYTD
7% 2% -8% 2% -12% -2.3%

PriorYear
7% 1% 1% -5% -2.3%

$1,459,500 -7% $2,105,385 0% $1,360,000 50% $1,522,222 24% 168 -2% 9 -36% 114 -35% 18.7 53% 92.5% -0.3%

-14% -13% 12% 8% -18% -4% 2% 80% 100% -12% -43% 33% -4% -1.8%

* 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 9, up 80.0% from 5 in October of 2010 and -35.7% lower than the 14 sales last month. October 2011 sales were at a mid level compared to October of 2010 and 2009. October YTD sales of 181 are running -8.1% behind last year's year-to-date sales of 197.

Prices
The Median Sales Price in October was $1,360,000, up 12.4% from $1,210,000 in October of 2010 and up 50.3% from $905,000 last month. The Average Sales Price in October was $1,522,222, down -18.0% from $1,856,000 in October of 2010 and up 23.9% from $1,228,929 last month. October 2011 ASP was at a mid range compared to October of 2010 and 2009.

Based on information from Greater Fairfield County CMLS, Inc. for the period 11/1/2008 through 10/31/2011. 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


The Sound Partners

October 2011
Realtors 203-292-5173 thesoundpartners@gmail.com Make a Sound decision based on facts not hype

City: Darien
Price Range: ALL | Properties: Single Family Home

Inventory & MSI


The Total Inventory of Properties available for sale as of October was 168, down -1.8% from 171 last month and up 2.4% from 164 in October of last year. October 2011 Inventory was at a mid range compared to October of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2011 MSI of 18.7 months was at a mid range compared with October of 2010 and 2009.

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 114, down -34.5% from 174 days last month and up 100.0% from 57 days in October of last year. The October 2011 DOM was at a mid range compared with October of 2010 and 2009.

Selling Price vs Original Listing Price


The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original 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 2011 Selling Price vs Original List Price of 92.5% was down from 92.8% last month and down from 96.0% in October of last year.

Based on information from Greater Fairfield County CMLS, Inc. for the period 11/1/2008 through 10/31/2011. 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


The Sound Partners

October 2011
Realtors 203-292-5173 thesoundpartners@gmail.com Make a Sound decision based on facts not hype

City: Darien
Price Range: ALL | Properties: Single Family Home

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 2011 was 29, down 3.3% from 30 last month and up 38.1% from 21 in October of last year.

Based on information from Greater Fairfield County CMLS, Inc. for the period 11/1/2008 through 10/31/2011. 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.