8/13/2019 Fairfield County Market Report Dec 2013

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December 2013

Price Range: All | Properties: SFH - Condo - TwnHm

Market Profile & Trends Overview LM L3M PYM LY Prior YTD Prior Year

Median List Price of all Current Listings -2% 15%

Average List Price of all Current Listings 6% 23%

December Median Sales Price 6% 1% 2% 4% 4% 5%

December Average Sales Price 4% 3% -10% 6% 4% 5%

Total Properties Currently for Sale (Inventory) -22% -16%

December Number of Properties Sold 13% 23% 22%

December Average Days on Market (Solds) -3% 1% -4% 11% 12% 10%

Asking Price per Square Foot(based on New Listings) - 2% - 11% 9% -2% 8% 8%

December Sold Price per Square Foot 1% 1% -0% 7% 6% 6%

December Month's Supply of Inventory -31% -24% -32% -49% -21% -21%

December Sale Price vs List Price Ratio -.2% .4% .8% 1.4% 1.2% 1.1%

Property Sales

Prices

December Property sales were 824, up 22.6% from

672 in December of 2012 and 13.3% higher than the

727 sales last month. December 2013 sales were attheir highest level compared to December of 2012

and 2011. December YTD sales of 9,872 are

running 22.1% ahead of last year's year-to-date

sales of 8,082.

Median Sales Price andAverage Sales Price

The Median Sales Price in December was

$385,000, up 1.7% from $378,500 in December of

2012 and up 5.8% from $364,000 last month. The

Average Sales Price in December was $593,507,

6.0 9.2

95.7% 95.5%* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2012) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up), lower (down) or unchange d (flat)

Number of Properties Sold

154 153

$248 $271

$240 $237

$593,507 $586,522

4,934

824 9,872

$459,900

$950,558

$385,000 $390,000

MARKET ACTION REPORT

County: Fairfield

Trending versus*: Trending versus*:

Month YTD

500

550

600

650

700 Median means Middle

(the same # of properties sold above and below the Median) (000's)

3 Mo Avg

3 Mo Avg

454

395

447

588

681

954

697

782

627

523

504

598

426

408

535

571

773

967

850

899

654

613

714

672

492

437

635

771

998

1,

086

1,

188

1,

132

789

793

727

824

0

200

400

600

800

1,000

1,200

1,400

J11

F M A M J J A S O N D J12

F M A M J J A S O N D J13

F M A M J J A S O N D

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d 6% f $6 6 i b f

December 2013

Price Range: All | Properties: SFH - Condo - TwnHm

Market Time

Selling Price per Square Foot

Selling Price vs Original Listing Price

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. TheDecember 2013 Selling Price per Square Foot of $240

was up 0.8% from $238 last month and down 0.1%

from 240 in December of last year.

Selling Price versus Listing Price Ratio

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

MARKET ACTION REPORT

County: Fairfield

Days On Market for Sold Properties

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 December was 154, down 2.5% from 158 days

last month and down 4.3% from 161 days in December

of last year. The December 2013 DOM was at a mid

level compared with December of 2012 and 2011.

Selling Price per Square Foot

Average Days on Market (Listing to Contract) for properties sold during the month

Average Selling Price per Square Foot for properties that sold during the month

Avg Selling Price divided by Avg Listing Price for sold properties during the month

3 Mo Avg

3 Mo Avg

3 Mo Avg

120

161 154

020

40

60

80

100120

140

160

180

200

J11

F M A M J J A S O N D J12

F M A M J J A S O N D J13

F M A M J J A S O N D

211

240 240

150

170

190

210

230

250

270

290

J11

F M A M J J A S O N D J12

F M A M J J A S O N D J13

F M A M J J A S O N D

93.4%

94.9%

95.7%

94%

95%

96%

97%

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December 2013

Price Range: All | Properties: SFH - Condo - TwnHm

Copyright Coldwell Banker Preferred | Price Range: All | Property Types: SFH - Condo - TwnHmData is provided courtesy of Greater Fairfield County CMLS, Inc. and may not reflect all relevant real estate activity. Coldwell Banker Preferred does not warrant or guarantee

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 consumers real estate transaction.

Inventory / Listings / Sales

County: Fairfield

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 basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2013 was 600,down 32.4% from 887 last month and up 0.5% from 597 in December of last year.

5,

987

6,

183

6,

861

7,

554

7,9

85

8

,178

8,051

7,

74

1

7,

687

7,

479

6,

908

5,

944

6,

324

6,

815

7,

354

7,8

79

8

,250

8

,286

8,

419

8,

123

7,9

45

7,

559

6,

718

5,

893

6,

146

6,

510

7,

063 7

,887

8,

346

8

,234

7,

84

6

7,

328

7,

326

7,

055

6,

301

4,

934

1224

1276 1

981

2054

2020

1838

1410

1163

1556

1323

899

669 1

560

1568

1921

1924

1826

1547

1272

1267

1312

1118

790

597

1427

1232

1681

2079

1974

1546

1397

1222

1481

1380

887

600

454

395

447

588

681

954

697

782

627

523

504

598

426

408

535

571

773

967

850

899

654

613

714

672

492

437

635

771

998

1086

1188

1132

789

793

727

824

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D

Inventory New Listings Sales