MIDDLESEX COUNTY
Q2 2018

MIDDLESEX COUNTY
Q2 2018

MIDDLESEX COUNTY PDF Share Facebook
ALL PROPERTY TYPES  M Q
Chester  M  Q
Single Family Homes M Q  
Clinton  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Cromwell  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Deep River  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Durham  M  Q
Single Family Homes M Q  
East Haddam  M  Q
Single Family Homes M Q  
East Hampton  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Essex  M  Q
Single Family Homes M Q  
Haddam  M  Q
Single Family Homes M Q  
Killingworth  M  Q
Single Family Homes M Q  
Middlefield  M  Q
Single Family Homes M Q  
Middletown  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Old Saybrook  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Portland  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Westbrook  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
.
M MONTHLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Q QUARTERLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Cities, areas, neighborhoods or property types within a county that are not represented indicate there is not enough sold data to produce a monthly or quarterly report for that specific city. If you are interested in information for a specific city, area, neighborhood and/or property type, please contact us.


REAL ESTATE SNAPSHOT | Q2 2018
MIDDLESEX COUNTY
Q2 2018 Q2 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 1220 1266 -3.63%  2039 2201 -7.36% 
Sold Listings 692 734 -5.72%  1159 1208 -4.06% 
Median Listing Price $269,900 $265,450 1.68%  $255,000 $249,900 2.04% 
Median Selling Price $261,000 $262,750 -0.67%  $250,000 $245,000 2.04% 
Median Days on Market 65 38 71.05%  73 45 62.22% 
Average Listing Price $308,278 $296,240 4.06%  $294,954 $284,591 3.64% 
Average Selling Price $298,246 $286,558 4.08%  $284,538 $274,175 3.78% 
Average Days on Market 100 75 33.33%  104 78 33.33% 
List/Sell Price Ratio 97.1% 97.1% -0.05%  96.8% 96.7% 0.04% 
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q2
2018
Q2
2017
Change Q2
2018
Q2
2017
Change Q2
2018
Q2
2017
Change Q2
2018
Q2
2017
Change
Chester 20 32 -38%  12 17 -29%  $288 K $337 K -14%  68 39 74% 
Single Family Homes 20 32 -38%  12 17 -29%  $288 K $337 K -14%  68 39 74% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Clinton 114 92 24%  69 61 13%  $280 K $260 K 7.69%  72 51 41% 
Single Family Homes 105 81 30%  64 55 16%  $298 K $270 K 10%  77 56 38% 
Condo-Townhome 9 11 -18%  5 6 -17%  $140 K $149 K -5.95%  50 31 61% 
Cromwell 115 112 2.68%  60 88 -32%  $203 K $166 K 22%  55 23 139% 
Single Family Homes 66 67 -1.49%  35 42 -17%  $298 K $240 K 24%  52 11 373% 
Condo-Townhome 49 45 8.89%  25 46 -46%  $122 K $137 K -11%  65 30 117% 
Deep River 32 38 -16%  22 16 38%  $221 K $236 K -6.35%  101 65 55% 
Single Family Homes 28 26 7.69%  16 11 45%  $242 K $265 K -8.87%  80 74 8.11% 
Condo-Townhome 4 12 -67%  6 5 20%  $115 K $125 K -8.00%  115 45 156% 
Durham 49 44 11%  20 32 -38%  $255 K $357 K -29%  56 57 -1.75% 
Single Family Homes 45 41 9.76%  18 31 -42%  $272 K $362 K -25%  56 51 9.80% 
Condo-Townhome 4 3 33%  2 1 100%  $134 K $215 K -38%  66 82 -20% 
East Haddam 82 82 0.00%  41 36 14%  $245 K $233 K 5.38%  70 42 67% 
Single Family Homes 79 80 -1.25%  40 35 14%  $251 K $235 K 6.60%  74 45 64% 
Condo-Townhome 3 2 50%  1 1 0.00%  $170 K $166 K 2.72%  35 33 6.06% 
East Hampton 115 139 -17%  55 66 -17%  $250 K $250 K 0.02%  63 48 31% 
Single Family Homes 106 103 2.91%  47 58 -19%  $260 K $254 K 2.46%  64 48 33% 
Condo-Townhome 9 36 -75%  8 8 0.00%  $143 K $161 K -11%  51 42 21% 
Essex 72 72 0.00%  48 30 60%  $408 K $314 K 30%  103 40 158% 
Single Family Homes 60 65 -7.69%  41 27 52%  $423 K $320 K 32%  100 26 285% 
Condo-Townhome 12 7 71%  7 3 133%  $244 K $255 K -4.31%  191 110 74% 
Haddam 48 71 -32%  31 40 -23%  $283 K $308 K -8.13%  55 32 72% 
Single Family Homes 48 71 -32%  31 40 -23%  $283 K $308 K -8.13%  55 32 72% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Killingworth 50 54 -7.41%  28 30 -6.67%  $395 K $381 K 3.61%  75 38 97% 
Single Family Homes 50 54 -7.41%  28 30 -6.67%  $395 K $381 K 3.61%  75 38 97% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Middlefield 27 33 -18%  18 21 -14%  $249 K $280 K -11%  85 50 70% 
Single Family Homes 24 30 -20%  17 15 13%  $238 K $280 K -15%  92 47 96% 
Condo-Townhome 3 3 0.00%  1 6 -83%  $495 K $307 K 61%  0 52  

REAL ESTATE SNAPSHOT | Q2 2018
MIDDLESEX COUNTY
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q2
2018
Q2
2017
Change Q2
2018
Q2
2017
Change Q2
2018
Q2
2017
Change Q2
2018
Q2
2017
Change
Middletown 274 249 10%  164 162 1.23%  $175 K $190 K -8.09%  60 35 71% 
Single Family Homes 203 191 6.28%  117 126 -7.14%  $210 K $215 K -2.33%  57 37 54% 
Condo-Townhome 71 58 22%  47 36 31%  $123 K $116 K 5.60%  65 25 160% 
Old Saybrook 92 120 -23%  57 63 -9.52%  $367 K $360 K 1.94%  70 52 35% 
Single Family Homes 84 104 -19%  50 54 -7.41%  $358 K $360 K -0.57%  71 37 92% 
Condo-Townhome 8 16 -50%  7 9 -22%  $475 K $369 K 29%  49 184 -73% 
Portland 79 60 32%  41 32 28%  $250 K $242 K 3.31%  61 47 30% 
Single Family Homes 69 53 30%  35 28 25%  $265 K $253 K 4.95%  62 48 29% 
Condo-Townhome 10 7 43%  6 4 50%  $190 K $116 K 64%  49 44 11% 
Westbrook 51 68 -25%  26 40 -35%  $360 K $371 K -3.03%  115 50 130% 
Single Family Homes 48 62 -23%  19 31 -39%  $376 K $385 K -2.34%  98 35 180% 
Condo-Townhome 3 6 -50%  7 9 -22%  $286 K $325 K -12%  564 214 164% 
Total 1220 1266 -3.63%  692 734 -5.72%  $261 K $263 K -0.67%  65 38 71% 
Single Family Homes 1035 1060 -2.36%  570 600 -5.00%  $285 K $277 K 2.89%  66 38 74% 
Condo-Townhome 185 206 -10%  122 134 -8.96%  $135 K $139 K -3.02%  65 41 59% 

MIDDLESEX COUNTY
MARKET OVERVIEW
Q2 2018 | Single Family Homes
Q2 2018 Q2 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 1035 1060 -2.36%  1738 1841 -5.59% 
Sold Listings 570 600 -5%  949 985 -3.65% 
Median Listing Price $289,250 $279,900 3.34%  $279,900 $270,000 3.67% 
Median Selling Price $284,500 $276,500 2.89%  $270,000 $265,900 1.54% 
Median Days on Market 66 38 73.68%  74 45 64.44% 
Average Listing Price $333,648 $319,883 4.3%  $319,665 $308,476 3.63% 
Average Selling Price $322,544 $309,332 4.27%  $308,152 $297,175 3.69% 
Average Days on Market 98 75 30.67%  103 78 32.05% 
List/Sell Price Ratio 97.2% 97.3% -0.11%  96.9% 96.9% -0.04% 
TEN-YEAR MARKET HISTORY
Q2 2018 | Single Family Homes
Average Sale Price vs. Number of Sold Properties each Year
** Sold Properties for current year are annualized based on actual sales year-to-date

MIDDLESEX COUNTY
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q2 2018 | Single Family Homes
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q2 2018 | Single Family Homes
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

MIDDLESEX COUNTY
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q2 2018 | Single Family Homes
Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.
MONTHS SUPPLY OF INVENTORY
Q2 2018 | Single Family Homes
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

MIDDLESEX COUNTY
MEDIAN SALE PRICE AND UNITS SOLD
Q2 2018 | Single Family Homes
Median Sale Price vs. Number of Sold Properties each Year ** Sold Properties for current year are annualized based on actual sales year-to-date
PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)
Q2 2018 | Single Family Homes
Number of properties sold in the previous two years

MIDDLESEX COUNTY
MARKET OVERVIEW
Q2 2018 | Condo-Townhome
Q2 2018 Q2 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 185 206 -10.19%  301 360 -16.39% 
Sold Listings 122 134 -8.96%  210 223 -5.83% 
Median Listing Price $137,850 $143,700 -4.07%  $136,900 $134,990 1.41% 
Median Selling Price $135,000 $139,200 -3.02%  $131,850 $130,000 1.42% 
Median Days on Market 65 41 58.54%  69 49 40.82% 
Average Listing Price $189,747 $190,378 -0.33%  $183,280 $179,094 2.34% 
Average Selling Price $184,722 $184,583 0.08%  $177,825 $172,585 3.04% 
Average Days on Market 108 74 45.95%  108 79 36.71% 
List/Sell Price Ratio 96.7% 96.5% 0.17%  96.3% 95.9% 0.36% 
TEN-YEAR MARKET HISTORY
Q2 2018 | Condo-Townhome
Average Sale Price vs. Number of Sold Properties each Year
** Sold Properties for current year are annualized based on actual sales year-to-date

MIDDLESEX COUNTY
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q2 2018 | Condo-Townhome
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q2 2018 | Condo-Townhome
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

MIDDLESEX COUNTY
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q2 2018 | Condo-Townhome
Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.
MONTHS SUPPLY OF INVENTORY
Q2 2018 | Condo-Townhome
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

MIDDLESEX COUNTY
MEDIAN SALE PRICE AND UNITS SOLD
Q2 2018 | Condo-Townhome
Median Sale Price vs. Number of Sold Properties each Year ** Sold Properties for current year are annualized based on actual sales year-to-date
PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)
Q2 2018 | Condo-Townhome
Number of properties sold in the previous two years

The statistics presented in the Quarterly Market Report are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of BHHS New England Properties. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. All information should be independently reviewed and verified for accuracy. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Data maintained by the MLSs may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright ©2018 BHHS New England Properties.
Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.