MIDDLESEX COUNTY
Q1 2018

MIDDLESEX COUNTY
Q1 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 | Q1 2018
MIDDLESEX COUNTY
Q1 2018 Q1 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 817 935 -12.62%  817 935 -12.62% 
Sold Listings 466 474 -1.69%  466 474 -1.69% 
Median Listing Price $234,500 $229,000 2.4%  $234,500 $229,000 2.4% 
Median Selling Price $231,000 $224,250 3.01%  $231,000 $224,250 3.01% 
Median Days on Market 90 57 57.89%  90 57 57.89% 
Average Listing Price $275,285 $266,553 3.28%  $275,285 $266,553 3.28% 
Average Selling Price $264,298 $255,001 3.65%  $264,298 $255,001 3.65% 
Average Days on Market 111 83 33.73%  111 83 33.73% 
List/Sell Price Ratio 96.3% 96.1% 0.21%  96.3% 96.1% 0.21% 
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q1
2018
Q1
2017
Change Q1
2018
Q1
2017
Change Q1
2018
Q1
2017
Change Q1
2018
Q1
2017
Change
Chester 12 21 -43%  11 6 83%  $290 K $303 K -4.37%  104 51 104% 
Single Family Homes 12 21 -43%  11 6 83%  $290 K $303 K -4.37%  104 51 104% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Clinton 85 78 8.97%  35 45 -22%  $255 K $225 K 13%  92 77 19% 
Single Family Homes 81 70 16%  32 36 -11%  $260 K $253 K 2.97%  86 70 23% 
Condo-Townhome 4 8 -50%  3 9 -67%  $120 K $122 K -1.80%  132 110 20% 
Cromwell 72 82 -12%  51 44 16%  $179 K $150 K 19%  60 54 11% 
Single Family Homes 47 39 21%  26 16 63%  $246 K $241 K 1.93%  42 54 -22% 
Condo-Townhome 25 43 -42%  25 28 -11%  $135 K $125 K 8.00%  69 55 25% 
Deep River 23 23 0.00%  16 11 45%  $202 K $180 K 12%  93 133 -30% 
Single Family Homes 20 19 5.26%  11 7 57%  $244 K $192 K 27%  77 134 -43% 
Condo-Townhome 3 4 -25%  5 4 25%  $125 K $134 K -6.54%  137 57 140% 
Durham 30 35 -14%  16 16 0.00%  $324 K $297 K 9.19%  78 40 95% 
Single Family Homes 27 34 -21%  15 16 -6.25%  $340 K $297 K 15%  72 40 80% 
Condo-Townhome 3 1 200%  1 0   $75 K $0   231 0  
East Haddam 54 57 -5.26%  29 27 7.41%  $175 K $255 K -31%  75 85 -12% 
Single Family Homes 53 51 3.92%  29 26 12%  $175 K $263 K -33%  75 79 -5.06% 
Condo-Townhome 1 6 -83%  0 1   $0 $1,400   0 136  
East Hampton 67 86 -22%  39 38 2.63%  $200 K $208 K -3.61%  94 59 59% 
Single Family Homes 59 76 -22%  32 35 -8.57%  $246 K $220 K 12%  110 59 86% 
Condo-Townhome 8 10 -20%  7 3 133%  $160 K $135 K 19%  88 141 -38% 
Essex 43 66 -35%  24 22 9.09%  $351 K $315 K 11%  88 121 -27% 
Single Family Homes 40 57 -30%  20 21 -4.76%  $367 K $335 K 9.60%  93 120 -23% 
Condo-Townhome 3 9 -67%  4 1 300%  $229 K $200 K 14%  56 184 -70% 
Haddam 35 43 -19%  25 24 4.17%  $255 K $275 K -7.27%  125 69 81% 
Single Family Homes 34 43 -21%  25 24 4.17%  $255 K $275 K -7.27%  125 69 81% 
Condo-Townhome 1 0   0 0   $0 $0   0 0  
Killingworth 28 42 -33%  16 23 -30%  $291 K $295 K -1.44%  89 12 642% 
Single Family Homes 28 42 -33%  16 23 -30%  $291 K $295 K -1.44%  89 12 642% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Middlefield 19 27 -30%  8 15 -47%  $190 K $208 K -8.46%  109 109 0.00% 
Single Family Homes 18 21 -14%  8 15 -47%  $190 K $208 K -8.46%  109 109 0.00% 
Condo-Townhome 1 6 -83%  0 0   $0 $0   0 0  

REAL ESTATE SNAPSHOT | Q1 2018
MIDDLESEX COUNTY
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q1
2018
Q1
2017
Change Q1
2018
Q1
2017
Change Q1
2018
Q1
2017
Change Q1
2018
Q1
2017
Change
Middletown 183 193 -5.18%  103 125 -18%  $155 K $159 K -2.45%  79 40 98% 
Single Family Homes 135 140 -3.57%  74 92 -20%  $198 K $192 K 3.26%  90 28 221% 
Condo-Townhome 48 53 -9.43%  29 33 -12%  $115 K $104 K 11%  64 44 45% 
Old Saybrook 98 85 15%  38 34 12%  $325 K $346 K -6.07%  95 48 98% 
Single Family Homes 90 76 18%  35 29 21%  $325 K $350 K -7.17%  92 47 96% 
Condo-Townhome 8 9 -11%  3 5 -40%  $488 K $341 K 43%  119 333 -64% 
Portland 34 48 -29%  26 20 30%  $214 K $206 K 3.88%  101 45 124% 
Single Family Homes 28 44 -36%  23 17 35%  $219 K $204 K 7.35%  102 48 113% 
Condo-Townhome 6 4 50%  3 3 0.00%  $118 K $348 K -66%  61 43 42% 
Westbrook 34 49 -31%  29 24 21%  $330 K $284 K 16%  133 91 46% 
Single Family Homes 29 48 -40%  21 22 -4.55%  $340 K $281 K 21%  127 91 40% 
Condo-Townhome 5 1 400%  8 2 300%  $299 K $342 K -13%  282 147 92% 
Total 817 935 -13%  466 474 -1.69%  $231 K $224 K 3.01%  90 57 58% 
Single Family Homes 701 781 -10%  378 385 -1.82%  $251 K $247 K 1.58%  92 57 61% 
Condo-Townhome 116 154 -25%  88 89 -1.12%  $127 K $122 K 4.72%  75 59 27% 

MIDDLESEX COUNTY
MARKET OVERVIEW
Q1 2018 | Single Family Homes
Q1 2018 Q1 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 701 781 -10.24%  701 781 -10.24% 
Sold Listings 378 385 -1.82%  378 385 -1.82% 
Median Listing Price $259,900 $249,900 4%  $259,900 $249,900 4% 
Median Selling Price $250,900 $247,000 1.58%  $250,900 $247,000 1.58% 
Median Days on Market 92 57 61.4%  92 57 61.4% 
Average Listing Price $298,792 $290,698 2.78%  $298,792 $290,698 2.78% 
Average Selling Price $286,655 $278,229 3.03%  $286,655 $278,229 3.03% 
Average Days on Market 112 82 36.59%  112 82 36.59% 
List/Sell Price Ratio 96.5% 96.4% 0.09%  96.5% 96.4% 0.09% 
TEN-YEAR MARKET HISTORY
Q1 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
Q1 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
Q1 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
Q1 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
Q1 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
Q1 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)
Q1 2018 | Single Family Homes
Number of properties sold in the previous two years

MIDDLESEX COUNTY
MARKET OVERVIEW
Q1 2018 | Condo-Townhome
Q1 2018 Q1 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 116 154 -24.68%  116 154 -24.68% 
Sold Listings 88 89 -1.12%  88 89 -1.12% 
Median Listing Price $129,900 $126,000 3.1%  $129,900 $126,000 3.1% 
Median Selling Price $127,450 $121,700 4.72%  $127,450 $121,700 4.72% 
Median Days on Market 75 59 27.12%  75 59 27.12% 
Average Listing Price $174,313 $162,105 7.53%  $174,313 $162,105 7.53% 
Average Selling Price $168,263 $154,520 8.89%  $168,263 $154,520 8.89% 
Average Days on Market 106 88 20.45%  106 88 20.45% 
List/Sell Price Ratio 95.7% 95% 0.71%  95.7% 95% 0.71% 
TEN-YEAR MARKET HISTORY
Q1 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
Q1 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
Q1 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
Q1 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
Q1 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
Q1 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)
Q1 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.