Glastonbury Market Report for September and 1st 3 Quarters Comparison to 2007
Glastonbury Market Report for Sept. and 1st 3 Quarters
Residential
September
Active Listings – 180
New in Sept. – 58
Deposits – 24
Closed – 24
Avg.Sale Price - $421,737
SP/Sq.Ft. - $173.13
Avg.DOM – 43
Closed 1/1/2008 – 9/30/2008
249
Avg. Sale Price - $451,985
SP/Sq.Ft - $176.55
DOM- 60
Closed 1/1/2007 – 9/30/2008
300
Avg.Sale Price - $448,856
ASP/Sq.Ft - $181.53
DOM -53
Comparing last year to this year sales are down by 17%, but the average sale price is up very minimally. Looking at September compared to the 1st 3 quarters the average sale price is down 6.7%. Hopefully this is not a trend.
Condominiums
September
Active Listings – 35
New in September – 11
Deposits – 6
Closed – 7
Avg. Sale Price - $230,771
SP/Sq.Ft. - $158.98
DOM – 66
Closed 1/1/2008 – 9/30/2008
Closed – 75
Avg. Sale Price - $205,743
SP/Sq.Ft. - $161.44
DOM – 62
Closed 1/1/2007 – 9/30/2007
Closed – 129
Avg.Sale Price - $205,415
SP/Sq.Ft - $165.01
DOM – 46
Comparing last year to this year sales are down 42%, but prices remain realtively unchanged.