MIDDLESEX COUNTY
Q3 2018

MIDDLESEX COUNTY
Q3 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 | Q3 2018
MIDDLESEX COUNTY
Q3 2018 Q3 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 937 1024 -8.5%  2979 3225 -7.63% 
Sold Listings 684 716 -4.47%  1850 1924 -3.85% 
Median Listing Price $265,000 $264,450 0.21%  $259,900 $256,875 1.18% 
Median Selling Price $260,000 $256,450 1.38%  $253,250 $250,000 1.3% 
Median Days on Market 65 45 44.44%  69 45 53.33% 
Average Listing Price $301,889 $314,386 -3.98%  $297,404 $295,679 0.58% 
Average Selling Price $291,308 $303,579 -4.04%  $286,952 $285,118 0.64% 
Average Days on Market 85 77 10.39%  97 77 25.97% 
List/Sell Price Ratio 99.3% 96.4% 2.97%  97.7% 96.6% 1.13% 
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q3
2018
Q3
2017
Change Q3
2018
Q3
2017
Change Q3
2018
Q3
2017
Change Q3
2018
Q3
2017
Change
Chester 15 18 -17%  8 11 -27%  $378 K $280 K 35%  128 97 32% 
Single Family Homes 15 18 -17%  8 11 -27%  $378 K $280 K 35%  128 97 32% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Clinton 84 69 22%  61 54 13%  $280 K $251 K 12%  65 50 30% 
Single Family Homes 76 62 23%  56 48 17%  $285 K $265 K 7.55%  65 47 38% 
Condo-Townhome 8 7 14%  5 6 -17%  $150 K $164 K -8.40%  62 56 11% 
Cromwell 83 95 -13%  61 62 -1.61%  $220 K $200 K 10%  63 37 70% 
Single Family Homes 44 46 -4.35%  37 31 19%  $263 K $293 K -10%  62 42 48% 
Condo-Townhome 39 49 -20%  24 31 -23%  $135 K $146 K -7.64%  74 31 139% 
Deep River 27 30 -10%  13 16 -19%  $290 K $237 K 22%  48 40 20% 
Single Family Homes 22 22 0.00%  10 12 -17%  $363 K $268 K 36%  53 57 -7.02% 
Condo-Townhome 5 8 -38%  3 4 -25%  $129 K $121 K 6.60%  48 32 50% 
Durham 29 42 -31%  34 30 13%  $294 K $330 K -11%  63 79 -20% 
Single Family Homes 28 40 -30%  30 30 0.00%  $323 K $330 K -2.20%  63 79 -20% 
Condo-Townhome 1 2 -50%  4 0   $195 K $0   100 0  
East Haddam 74 64 16%  43 43 0.00%  $254 K $238 K 6.72%  69 37 86% 
Single Family Homes 71 61 16%  41 43 -4.65%  $255 K $238 K 7.14%  69 37 86% 
Condo-Townhome 3 3 0.00%  2 0   $177 K $0   47 0  
East Hampton 98 106 -7.55%  61 65 -6.15%  $276 K $230 K 20%  67 43 56% 
Single Family Homes 89 98 -9.18%  56 56 0.00%  $281 K $240 K 17%  72 44 64% 
Condo-Townhome 9 8 13%  5 9 -44%  $148 K $150 K -1.40%  37 41 -9.76% 
Essex 46 72 -36%  38 36 5.56%  $323 K $335 K -3.84%  68 63 7.94% 
Single Family Homes 40 61 -34%  31 32 -3.13%  $343 K $348 K -1.44%  66 58 14% 
Condo-Townhome 6 11 -45%  7 4 75%  $210 K $222 K -5.30%  76 208 -63% 
Haddam 48 57 -16%  30 30 0.00%  $297 K $266 K 12%  92 50 84% 
Single Family Homes 48 57 -16%  29 30 -3.33%  $304 K $266 K 14%  85 50 70% 
Condo-Townhome 0 0   1 0   $145 K $0   128 0  
Killingworth 31 40 -23%  33 33 0.00%  $386 K $315 K 23%  65 38 71% 
Single Family Homes 31 40 -23%  33 33 0.00%  $386 K $315 K 23%  65 38 71% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Middlefield 16 23 -30%  21 25 -16%  $236 K $261 K -9.58%  68 97 -30% 
Single Family Homes 14 22 -36%  16 22 -27%  $225 K $257 K -12%  81 74 9.46% 
Condo-Townhome 2 1 100%  5 3 67%  $433 K $425 K 1.76%  3 153 -98% 

REAL ESTATE SNAPSHOT | Q3 2018
MIDDLESEX COUNTY
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q3
2018
Q3
2017
Change Q3
2018
Q3
2017
Change Q3
2018
Q3
2017
Change Q3
2018
Q3
2017
Change
Middletown 202 235 -14%  149 162 -8.02%  $181 K $179 K 1.40%  64 35 83% 
Single Family Homes 150 173 -13%  103 120 -14%  $225 K $217 K 3.57%  64 34 88% 
Condo-Townhome 52 62 -16%  46 42 9.52%  $123 K $113 K 9.21%  65 40 63% 
Old Saybrook 77 79 -2.53%  59 64 -7.81%  $338 K $385 K -12%  63 73 -14% 
Single Family Homes 70 73 -4.11%  53 59 -10%  $325 K $383 K -15%  60 79 -24% 
Condo-Townhome 7 6 17%  6 5 20%  $372 K $415 K -10%  89 52 71% 
Portland 60 46 30%  40 47 -15%  $223 K $237 K -6.12%  52 49 6.12% 
Single Family Homes 54 42 29%  35 42 -17%  $240 K $249 K -3.42%  50 49 2.04% 
Condo-Townhome 6 4 50%  5 5 0.00%  $184 K $193 K -4.92%  84 13 546% 
Westbrook 47 48 -2.08%  33 38 -13%  $300 K $327 K -8.29%  76 89 -15% 
Single Family Homes 43 43 0.00%  28 30 -6.67%  $296 K $323 K -8.37%  69 56 23% 
Condo-Townhome 4 5 -20%  5 8 -38%  $365 K $348 K 4.84%  101 243 -58% 
Total 937 1024 -8.50%  684 716 -4.47%  $260 K $256 K 1.38%  65 45 44% 
Single Family Homes 795 858 -7.34%  566 599 -5.51%  $280 K $271 K 3.42%  65 46 41% 
Condo-Townhome 142 166 -14%  118 117 0.85%  $139 K $147 K -5.54%  69 42 64% 

MIDDLESEX COUNTY
MARKET OVERVIEW
Q3 2018 | Single Family Homes
Q3 2018 Q3 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 795 858 -7.34%  2535 2699 -6.08% 
Sold Listings 566 599 -5.51%  1521 1584 -3.98% 
Median Listing Price $288,500 $277,000 4.15%  $279,999 $274,900 1.85% 
Median Selling Price $280,000 $270,750 3.42%  $275,000 $267,500 2.8% 
Median Days on Market 65 46 41.3%  69 45 53.33% 
Average Listing Price $324,302 $340,233 -4.68%  $321,265 $320,485 0.24% 
Average Selling Price $312,762 $328,299 -4.73%  $309,773 $308,945 0.27% 
Average Days on Market 86 77 11.69%  97 77 25.97% 
List/Sell Price Ratio 99.8% 96.4% 3.55%  98% 96.7% 1.3% 
TEN-YEAR MARKET HISTORY
Q3 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
Q3 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
Q3 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
Q3 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
Q3 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
Q3 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)
Q3 2018 | Single Family Homes
Number of properties sold in the previous two years

MIDDLESEX COUNTY
MARKET OVERVIEW
Q3 2018 | Condo-Townhome
Q3 2018 Q3 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 142 166 -14.46%  444 526 -15.59% 
Sold Listings 118 117 0.85%  329 340 -3.24% 
Median Listing Price $143,700 $149,900 -4.14%  $139,900 $139,900 0%       
Median Selling Price $138,750 $146,888 -5.54%  $135,000 $135,000 0%       
Median Days on Market 69 42 64.29%  69 45 53.33% 
Average Listing Price $194,381 $182,057 6.77%  $187,091 $180,114 3.87% 
Average Selling Price $188,400 $177,024 6.43%  $181,448 $174,112 4.21% 
Average Days on Market 85 75 13.33%  99 78 26.92% 
List/Sell Price Ratio 96.5% 96.3% 0.13%  96.3% 96.1% 0.28% 
TEN-YEAR MARKET HISTORY
Q3 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
Q3 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
Q3 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
Q3 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
Q3 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
Q3 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)
Q3 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.