New London County Real Estate Update

March 2016All Home Types

Single FamilyCondo/Coop

New London County, CT

Presented byLinda DavisREMAX Home TeamEmail: [email protected] Phone: 860-625-4089Web: www.simplyledyard.com

March 2016New London County, CT

Presented by

Linda Davis

REMAX Home TeamEmail: [email protected] Phone: 860-625-4089Web: www.simplyledyard.com

New Listings 603

64.3% 18.7%from Feb 2016:

367from Mar 2015:

508

YTD 2016 2015 +/-1,418 1,252 13.3%

5-year Mar average: 535

New Pendings 195

15.4% 23.4%from Feb 2016:

169from Mar 2015:

158

YTD 2016 2015 +/-579 490 18.2%


Closed Sales 225

24.3% 12.5%from Feb 2016:

181from Mar 2015:

200

YTD 2016 2015 +/-634 480 32.1%


MedianSold Price

$179,900

-2.8% -1.1%from Feb 2016:

$185,000from Mar 2015:

$181,950

YTD 2016 2015 +/-$180,000 $179,000 0.6%

5-year Mar average: $187,370

Closed Sales Median Sold Price ($1,000s)

M A M J J A S O N D J F M A M J J A S O N D J F M

2014 2015 2016

100

150

200

250

300

350

400

$180

$190

$200

$210

$220

$170

$230

Active Listings 2,116

Min2,035

Max2,424

5-year Mar average

2,116

2,161

Feb 2016 Mar 20151,943 2,035

MedianDays to Contract

69

Min64

Max92

5-year Mar average

69

76

Feb 2016 Mar 2015 YTD70 64 70

Avg Sold toOLP Ratio

90.5%

Min87.9%

Max90.7%

5-year Mar average

90.5%

89.3%

Feb 2016 Mar 2015 YTD 88.0% 90.7% 89.4%

Copyright © 2016 RealEstate Business Intelligence, LLC. All Rights Reserved.Data Source: CoreLogic. Statistics calculated April 08, 2016.

March 2016New London County, CT - Single Family

Presented by

Linda Davis


New Listings 525

69.9% 20.4%from Feb 2016:

309from Mar 2015:

436

YTD 2016 2015 +/-1,192 1,068 11.6%


New Pendings 169

16.6% 23.4%from Feb 2016:

145from Mar 2015:

137

YTD 2016 2015 +/-498 422 18.0%


Closed Sales 197

21.6% 18.0%from Feb 2016:

162from Mar 2015:

167

YTD 2016 2015 +/-565 406 39.2%


MedianSold Price

$190,900

0.3% -5.5%from Feb 2016:

$190,250from Mar 2015:

$202,000

YTD 2016 2015 +/-$188,500 $194,950 -3.3%




2014 2015 2016

100

150

200

250

300

50 $180

$190

$200

$210

$220

$230

Active Listings 1,833

Min1,759

Max2,064

5-year Mar average

1,833

1,860

Feb 2016 Mar 20151,683 1,763


70

Min65

Max95

5-year Mar average

70

76

Feb 2016 Mar 2015 YTD70 65 74


90.2%

Min87.8%

Max90.3%

5-year Mar average

90.2%

89.2%

Feb 2016 Mar 2015 YTD 87.5% 90.3% 89.1%


March 2016New London County, CT - Condo/Coop

Presented by

Linda Davis


New Listings 78

34.5% 8.3%from Feb 2016:

58from Mar 2015:

72

YTD 2016 2015 +/-226 184 22.8%


New Pendings 26

8.3% 23.8%from Feb 2016:

24from Mar 2015:

21

YTD 2016 2015 +/-81 68 19.1%


Closed Sales 28

47.4% -15.2%from Feb 2016:

19from Mar 2015:

33

YTD 2016 2015 +/-69 74 -6.8%


MedianSold Price

$141,000

18.0% -5.9%from Feb 2016:

$119,500from Mar 2015:

$149,900

YTD 2016 2015 +/-$127,500 $105,750 20.6%




2014 2015 2016

20

30

40

50

10

60

70

$80

$100

$120

$140

$160

$60

$180

Active Listings 283

Min272

Max360

5-year Mar average

283

301

Feb 2016 Mar 2015260 272


46

Min46

Max144

5-year Mar average

46

78

Feb 2016 Mar 2015 YTD78 55 46


92.2%

Min88.1%

Max92.9%

5-year Mar average

92.2%

90.1%

Feb 2016 Mar 2015 YTD 92.7% 92.9% 92.3%


New London County Real Estate Update

Real Estate

Transcript of New London County Real Estate Update