New London County Real Estate Update

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May 2016 All Home Types Single Family Condo/Coop New London County, CT Presented by Linda Davis REMAX Home Team Email: [email protected] Mobile Phone: 860-625-4089 Web: www.simplyledyard.com

Transcript of New London County Real Estate Update

Page 1: New London County Real Estate Update

May 2016All Home Types

Single FamilyCondo/Coop

New London County, CT

Presented byLinda DavisREMAX Home TeamEmail: [email protected] Phone: 860-625-4089Web: www.simplyledyard.com

Page 2: New London County Real Estate Update

May 2016New London County, CT

Presented by

Linda Davis

REMAX Home TeamEmail: [email protected] Phone: 860-625-4089Web: www.simplyledyard.com

New Listings 625

3.5% -6.6%from Apr 2016:

604from May 2015:

669

YTD 2016 2015 +/-2,647 2,655 -0.3%

5-year May average: 615

New Pendings 186

-7.5% -4.6%from Apr 2016:

201from May 2015:

195

YTD 2016 2015 +/-1,126 1,007 11.8%

5-year May average: 235

Closed Sales 279

9.8% 14.8%from Apr 2016:

254from May 2015:

243

YTD 2016 2015 +/-1,185 978 21.2%

5-year May average: 262

MedianSold Price

$202,000

9.9% -1.5%from Apr 2016:

$183,750from May 2015:

$205,000

YTD 2016 2015 +/-$185,000 $183,950 0.6%

5-year May average: $200,200

Closed Sales Median Sold Price ($1,000s)

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

2014 2015 2016

100

150

200

250

300

350

400

$180

$190

$200

$210

$220

$170

$230

Active Listings 2,391

Min2,391

Max2,664

5-year May average

2,391

2,500

Apr 2016 May 20152,274 2,516

MedianDays to Contract

45

Min41

Max62

5-year May average

45

54

Apr 2016 May 2015 YTD66 59 64

Avg Sold toOLP Ratio

92.7%

Min87.1%

Max92.7%

5-year May average

92.7%

90.7%

Apr 2016 May 2015 YTD 92.3% 92.4% 90.7%

Copyright © 2016 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: CoreLogic. Statistics calculated June 06, 2016.

Page 3: New London County Real Estate Update

May 2016New London County, CT - Single Family

Presented by

Linda Davis

REMAX Home TeamEmail: [email protected] Phone: 860-625-4089Web: www.simplyledyard.com

New Listings 563

3.7% -8.2%from Apr 2016:

543from May 2015:

613

YTD 2016 2015 +/-2,298 2,337 -1.7%

5-year May average: 554

New Pendings 160

-6.4% -9.6%from Apr 2016:

171from May 2015:

177

YTD 2016 2015 +/-974 878 10.9%

5-year May average: 207

Closed Sales 248

13.8% 14.3%from Apr 2016:

218from May 2015:

217

YTD 2016 2015 +/-1,047 848 23.5%

5-year May average: 229

MedianSold Price

$215,750

9.9% 1.3%from Apr 2016:

$196,250from May 2015:

$213,000

YTD 2016 2015 +/-$195,500 $195,000 0.3%

5-year May average: $215,150

Closed Sales Median Sold Price ($1,000s)

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

2014 2015 2016

100

150

200

250

300

50 $180

$190

$200

$210

$220

$230

Active Listings 2,100

Min2,062

Max2,276

5-year May average

2,100

2,175

Apr 2016 May 20151,984 2,206

MedianDays to Contract

45

Min41

Max64

5-year May average

45

54

Apr 2016 May 2015 YTD75 60 68

Avg Sold toOLP Ratio

92.9%

Min87.1%

Max92.9%

5-year May average

92.9%

90.8%

Apr 2016 May 2015 YTD 91.9% 92.6% 90.4%

Copyright © 2016 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: CoreLogic. Statistics calculated June 06, 2016.

Page 4: New London County Real Estate Update

May 2016New London County, CT - Condo/Coop

Presented by

Linda Davis

REMAX Home TeamEmail: [email protected] Phone: 860-625-4089Web: www.simplyledyard.com

New Listings 62

1.6% 10.7%from Apr 2016:

61from May 2015:

56

YTD 2016 2015 +/-349 318 9.7%

5-year May average: 60

New Pendings 26

-13.3% 44.4%from Apr 2016:

30from May 2015:

18

YTD 2016 2015 +/-152 129 17.8%

5-year May average: 28

Closed Sales 31

-13.9% 19.2%from Apr 2016:

36from May 2015:

26

YTD 2016 2015 +/-138 130 6.2%

5-year May average: 33

MedianSold Price

$100,000

-26.7% -15.4%from Apr 2016:

$136,500from May 2015:

$118,250

YTD 2016 2015 +/-$124,500 $110,000 13.2%

5-year May average: $127,590

Closed Sales Median Sold Price ($1,000s)

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

2014 2015 2016

20

30

40

50

10

60

70

$80

$100

$120

$140

$160

$60

$180

Active Listings 291

Min291

Max388

5-year May average

291

325

Apr 2016 May 2015290 310

MedianDays to Contract

40

Min40

Max77

5-year May average

40

51

Apr 2016 May 2015 YTD46 42 45

Avg Sold toOLP Ratio

90.9%

Min87.2%

Max91.0%

5-year May average

90.9%

89.9%

Apr 2016 May 2015 YTD 94.6% 91.0% 92.6%

Copyright © 2016 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: CoreLogic. Statistics calculated June 06, 2016.