TOLLAND COUNTY
Q3 2018

TOLLAND COUNTY
Q3 2018

TOLLAND COUNTY PDF Share Facebook
ALL PROPERTY TYPES  M Q
Andover  M  Q
Single Family Homes M Q  
Bolton  M  Q
Single Family Homes M Q  
Columbia  M  Q
Single Family Homes M Q  
Coventry  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Ellington  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Hebron  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Mansfield  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Somers  M  Q
Single Family Homes M Q  
Stafford  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Tolland  M  Q
Single Family Homes M Q  
Union  M  Q
Single Family Homes M Q  
Vernon  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Willington  M  Q
Single Family Homes 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
TOLLAND COUNTY
Q3 2018 Q3 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 777 747 4.02%  2393 2423 -1.24% 
Sold Listings 579 607 -4.61%  1406 1424 -1.26% 
Median Listing Price $227,900 $229,900 -0.87%  $225,000 $209,900 7.19% 
Median Selling Price $221,000 $225,000 -1.78%  $221,950 $205,000 8.27% 
Median Days on Market 52 35 48.57%  59 36 63.89% 
Average Listing Price $247,729 $240,677 2.93%  $243,027 $229,755 5.78% 
Average Selling Price $242,597 $235,408 3.05%  $237,531 $224,415 5.84% 
Average Days on Market 71 68 4.41%  81 68 19.12% 
List/Sell Price Ratio 99.6% 97.4% 2.24%  98.3% 97.4% 0.86% 
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
Andover 17 24 -29%  15 16 -6.25%  $260 K $271 K -4.04%  49 23 113% 
Single Family Homes 17 24 -29%  15 16 -6.25%  $260 K $271 K -4.04%  49 23 113% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Bolton 36 29 24%  22 21 4.76%  $220 K $232 K -5.36%  52 24 117% 
Single Family Homes 36 29 24%  22 21 4.76%  $220 K $232 K -5.36%  52 24 117% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Columbia 30 40 -25%  20 26 -23%  $270 K $254 K 6.51%  80 43 86% 
Single Family Homes 30 40 -25%  20 25 -20%  $270 K $257 K 5.06%  80 50 60% 
Condo-Townhome 0 0   0 1   $0 $236 K   0 12  
Coventry 69 92 -25%  59 82 -28%  $220 K $212 K 3.77%  59 46 28% 
Single Family Homes 67 87 -23%  58 73 -21%  $223 K $220 K 1.14%  59 45 31% 
Condo-Townhome 2 5 -60%  1 9 -89%  $169 K $135 K 25%  10 52 -81% 
Ellington 89 83 7.23%  69 78 -12%  $260 K $264 K -1.55%  37 29 28% 
Single Family Homes 82 73 12%  61 63 -3.17%  $272 K $302 K -9.93%  37 30 23% 
Condo-Townhome 7 10 -30%  8 15 -47%  $91 K $115 K -21%  57 26 119% 
Hebron 55 68 -19%  48 48 0.00%  $261 K $272 K -4.39%  60 49 22% 
Single Family Homes 55 67 -18%  43 46 -6.52%  $275 K $272 K 0.94%  65 49 33% 
Condo-Townhome 0 1   5 2 150%  $160 K $225 K -29%  52 52 0.00% 
Mansfield 59 51 16%  62 50 24%  $228 K $219 K 4.11%  57 52 9.62% 
Single Family Homes 45 42 7.14%  49 37 32%  $239 K $219 K 9.13%  53 60 -12% 
Condo-Townhome 14 9 56%  13 13 0.00%  $195 K $210 K -7.14%  72 42 71% 
Somers 56 39 44%  35 45 -22%  $350 K $310 K 13%  44 39 13% 
Single Family Homes 54 38 42%  34 42 -19%  $350 K $308 K 14%  44 35 26% 
Condo-Townhome 2 1 100%  1 3 -67%  $157 K $396 K -60%  33 1001 -97% 
Stafford 97 58 67%  47 43 9.30%  $185 K $170 K 9.10%  56 37 51% 
Single Family Homes 80 50 60%  46 35 31%  $186 K $191 K -2.88%  57 29 97% 
Condo-Townhome 17 8 113%  1 8 -88%  $140 K $61 K 128%  45 73 -38% 
Tolland 108 97 11%  72 64 13%  $271 K $251 K 7.86%  54 29 86% 
Single Family Homes 97 84 15%  67 64 4.69%  $270 K $251 K 7.46%  53 29 83% 
Condo-Townhome 11 13 -15%  5 0   $295 K $0   141 0  
Union 2 5 -60%  4 4 0.00%  $328 K $172 K 90%  129 23 461% 
Single Family Homes 2 5 -60%  4 4 0.00%  $328 K $172 K 90%  129 23 461% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  

REAL ESTATE SNAPSHOT | Q3 2018
TOLLAND 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
Vernon 148 138 7.25%  110 114 -3.51%  $175 K $174 K 0.57%  38 29 31% 
Single Family Homes 120 105 14%  85 95 -11%  $198 K $184 K 7.51%  39 30 30% 
Condo-Townhome 28 33 -15%  25 19 32%  $125 K $103 K 22%  38 29 31% 
Willington 11 23 -52%  16 16 0.00%  $212 K $182 K 16%  63 39 62% 
Single Family Homes 10 22 -55%  15 16 -6.25%  $219 K $182 K 20%  64 39 64% 
Condo-Townhome 1 1 0.00%  1 0   $50 K $0   30 0  
Total 777 747 4.02%  579 607 -4.61%  $221 K $225 K -1.78%  52 35 49% 
Single Family Homes 695 666 4.35%  519 537 -3.35%  $230 K $232 K -0.84%  52 35 49% 
Condo-Townhome 82 81 1.23%  60 70 -14%  $140 K $120 K 17%  51 40 28% 

TOLLAND COUNTY
MARKET OVERVIEW
Q3 2018 | Single Family Homes
Q3 2018 Q3 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 695 666 4.35%  2124 2168 -2.03% 
Sold Listings 519 537 -3.35%  1245 1256 -0.88% 
Median Listing Price $235,000 $239,900 -2.04%  $234,900 $220,000 6.77% 
Median Selling Price $230,000 $231,950 -0.84%  $230,000 $215,100 6.93% 
Median Days on Market 52 35 48.57%  58 34 70.59% 
Average Listing Price $258,159 $251,532 2.63%  $254,596 $239,633 6.24% 
Average Selling Price $253,182 $246,317 2.79%  $249,107 $234,320 6.31% 
Average Days on Market 70 66 6.06%  81 66 22.73% 
List/Sell Price Ratio 100% 97.5% 2.52%  98.6% 97.7% 0.94% 
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

TOLLAND 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.

TOLLAND 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.

TOLLAND 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

TOLLAND COUNTY
MARKET OVERVIEW
Q3 2018 | Condo-Townhome
Q3 2018 Q3 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 82 81 1.23%  269 255 5.49% 
Sold Listings 60 70 -14.29%  161 168 -4.17% 
Median Listing Price $150,000 $124,949 20.05%  $144,900 $124,949 15.97% 
Median Selling Price $140,000 $119,750 16.91%  $132,900 $122,750 8.27% 
Median Days on Market 51 40 27.5%  63 43 46.51% 
Average Listing Price $157,510 $157,402 0.07%  $153,565 $155,901 -1.5% 
Average Selling Price $151,036 $151,722 -0.45%  $148,014 $150,364 -1.56% 
Average Days on Market 83 87 -4.6%  86 90 -4.44% 
List/Sell Price Ratio 95.7% 96% -0.4%  96% 95.9% 0.2% 
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

TOLLAND 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.

TOLLAND 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.

TOLLAND 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.