TOLLAND COUNTY
Q1 2018

TOLLAND COUNTY
Q1 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 | Q1 2018
TOLLAND COUNTY
Q1 2018 Q1 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 628 601 4.49%  628 601 4.49% 
Sold Listings 294 319 -7.84%  294 319 -7.84% 
Median Listing Price $224,900 $187,900 19.69%  $224,900 $187,900 19.69% 
Median Selling Price $220,950 $185,000 19.43%  $220,950 $185,000 19.43% 
Median Days on Market 73 61 19.67%  73 61 19.67% 
Average Listing Price $240,994 $206,457 16.73%  $240,994 $206,457 16.73% 
Average Selling Price $233,969 $200,572 16.65%  $233,969 $200,572 16.65% 
Average Days on Market 97 84 15.48%  97 84 15.48% 
List/Sell Price Ratio 97.2% 96.9% 0.29%  97.2% 96.9% 0.29% 
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
Andover 21 14 50%  11 4 175%  $335 K $248 K 35%  124 14 786% 
Single Family Homes 21 14 50%  11 4 175%  $335 K $248 K 35%  124 14 786% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Bolton 22 25 -12%  12 7 71%  $262 K $245 K 7.10%  90 60 50% 
Single Family Homes 22 25 -12%  12 7 71%  $262 K $245 K 7.10%  90 60 50% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Columbia 23 29 -21%  10 11 -9.09%  $223 K $234 K -4.51%  85 29 193% 
Single Family Homes 23 29 -21%  10 11 -9.09%  $223 K $234 K -4.51%  85 29 193% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Coventry 67 72 -6.94%  43 34 26%  $218 K $152 K 44%  65 39 67% 
Single Family Homes 61 69 -12%  41 32 28%  $223 K $161 K 39%  62 44 41% 
Condo-Townhome 6 3 100%  2 2 0.00%  $151 K $107 K 42%  97 25 288% 
Ellington 75 67 12%  32 32 0.00%  $269 K $200 K 34%  73 42 74% 
Single Family Homes 67 56 20%  27 26 3.85%  $284 K $229 K 24%  74 50 48% 
Condo-Townhome 8 11 -27%  5 6 -17%  $96 K $98 K -2.49%  46 26 77% 
Hebron 60 57 5.26%  24 29 -17%  $246 K $225 K 9.38%  102 110 -7.27% 
Single Family Homes 55 52 5.77%  24 27 -11%  $246 K $225 K 9.33%  102 77 32% 
Condo-Townhome 5 5 0.00%  0 2   $0 $124 K   0 181  
Mansfield 61 61 0.00%  20 39 -49%  $216 K $175 K 23%  69 91 -24% 
Single Family Homes 43 46 -6.52%  16 29 -45%  $227 K $172 K 32%  66 92 -28% 
Condo-Townhome 18 15 20%  4 10 -60%  $137 K $217 K -37%  69 74 -6.76% 
Somers 35 27 30%  17 18 -5.56%  $295 K $235 K 26%  64 80 -20% 
Single Family Homes 34 26 31%  17 18 -5.56%  $295 K $235 K 26%  64 80 -20% 
Condo-Townhome 1 1 0.00%  0 0   $0 $0   0 0  
Stafford 46 48 -4.17%  19 25 -24%  $226 K $107 K 111%  64 39 64% 
Single Family Homes 39 39 0.00%  15 23 -35%  $270 K $134 K 102%  67 22 205% 
Condo-Townhome 7 9 -22%  4 2 100%  $46 K $74 K -38%  32 349 -91% 
Tolland 80 71 13%  40 37 8.11%  $229 K $237 K -3.38%  107 75 43% 
Single Family Homes 67 69 -2.90%  38 36 5.56%  $225 K $241 K -6.56%  107 74 45% 
Condo-Townhome 13 2 550%  2 1 100%  $298 K $75 K 297%  74 135 -45% 
Union 3 2 50%  1 2 -50%  $237 K $169 K 40%  344 54 537% 
Single Family Homes 3 2 50%  1 2 -50%  $237 K $169 K 40%  344 54 537% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  

REAL ESTATE SNAPSHOT | Q1 2018
TOLLAND 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
Vernon 121 109 11%  60 74 -19%  $158 K $154 K 2.33%  55 72 -24% 
Single Family Homes 87 77 13%  45 56 -20%  $190 K $160 K 19%  57 72 -21% 
Condo-Townhome 34 32 6.25%  15 18 -17%  $75 K $119 K -37%  42 74 -43% 
Willington 14 19 -26%  5 7 -29%  $206 K $125 K 65%  78 99 -21% 
Single Family Homes 14 19 -26%  5 5 0.00%  $206 K $192 K 7.29%  78 99 -21% 
Condo-Townhome 0 0   0 2   $0 $62 K   0 57  
Total 628 601 4.49%  294 319 -7.84%  $221 K $185 K 19%  73 61 20% 
Single Family Homes 536 523 2.49%  262 276 -5.07%  $229 K $190 K 21%  77 60 28% 
Condo-Townhome 92 78 18%  32 43 -26%  $102 K $112 K -9.38%  46 76 -39% 

TOLLAND COUNTY
MARKET OVERVIEW
Q1 2018 | Single Family Homes
Q1 2018 Q1 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 536 523 2.49%  536 523 2.49% 
Sold Listings 262 276 -5.07%  262 276 -5.07% 
Median Listing Price $234,900 $194,800 20.59%  $234,900 $194,800 20.59% 
Median Selling Price $229,000 $189,500 20.84%  $229,000 $189,500 20.84% 
Median Days on Market 77 60 28.33%  77 60 28.33% 
Average Listing Price $254,788 $214,582 18.74%  $254,788 $214,582 18.74% 
Average Selling Price $247,500 $208,657 18.62%  $247,500 $208,657 18.62% 
Average Days on Market 101 80 26.25%  101 80 26.25% 
List/Sell Price Ratio 97.4% 97.1% 0.27%  97.4% 97.1% 0.27% 
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

TOLLAND 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.

TOLLAND 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.

TOLLAND 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

TOLLAND COUNTY
MARKET OVERVIEW
Q1 2018 | Condo-Townhome
Q1 2018 Q1 2017 % Change YTD 2018 YTD 2017 % Change
New Listings 92 78 17.95%  92 78 17.95% 
Sold Listings 32 43 -25.58%  32 43 -25.58% 
Median Listing Price $105,750 $114,900 -7.96%  $105,750 $114,900 -7.96% 
Median Selling Price $101,500 $112,000 -9.38%  $101,500 $112,000 -9.38% 
Median Days on Market 46 76 -39.47%  46 76 -39.47% 
Average Listing Price $128,049 $154,306 -17.02%  $128,049 $154,306 -17.02% 
Average Selling Price $123,191 $148,677 -17.14%  $123,191 $148,677 -17.14% 
Average Days on Market 67 109 -38.53%  67 109 -38.53% 
List/Sell Price Ratio 95.4% 95.4% 0.03%  95.4% 95.4% 0.03% 
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

TOLLAND 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.

TOLLAND 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.

TOLLAND 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.