MARKET ACTION REPORT

January 2012
Coldwell Banker Greater Danbury

City: Danbury
Price Range: All | Properties: Single Family

203-790-9500
coldwellbankermoves.com/danbury facebook.com/coldwellbankerdanbury

Trending versus*:

Trending versus*:
LY

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings January Median Sales Price January Average Sales Price Total Properties Currently for Sale (Inventory) January Number of Properties Sold January Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) January Sold Price per Square Foot January Month's Supply of Inventory January Sale Price vs List Price Ratio

Month
$293,000 $336,871 $225,000 $220,079 270 19 124 $170 $144 14.2 96.0%
45 40 35 30 25 20 15 10 5 0

LM
-1% 1% -3% -10% 3% -47% 9% 3% 6% 96% 4.6%

L3M PYM
-2% -8%

YTD
$225,000 $220,079 19 124 $170 $144 14.2 96.2%

Prior YTD

Prior Year

0% -10% -10% -7% -30% -24% -6% -10% 6% 4% -4% 2.9% 0% 4% 4% .8% 6% -2% -5% 3% 2.4%

-10% -30% -10% 0% 4% -12% 4% 1.4%

-10% -24%

6% -2% -5% 3% 2.6%

3% -12%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2011) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Number of Properties Sold

3 Mo Avg

Property Sales
January Property sales were 19, down 9.5% from 21 in January of 2011 and 47.2% lower than the 36 sales last month. January 2012 sales were at their lowest level compared to January of 2011 and 2010. January YTD sales of 19 are running 9.5% behind last year's year-to-date sales of 21.

F 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 A M J J A S O N D J 09 10 11 12

Prices
The Median Sales Price in January was $225,000, down 10.0% from $250,000 in January of 2011 and down 2.6% from $231,000 last month. The Average Sales Price in January was $220,079, down 30.1% from $315,043 in January of 2011 and down 10.4% from $245,712 last month. January 2012 ASP was at the lowest level compared to January of 2011 and 2010.

(000's)

400 350 300 250 200 150

Inventory & MSI

The Total Inventory of Properties available for sale as of January was 270, up 3.4% from 261 last month and down 6.3% from 288 in January of last year. January 2012 Inventory was at its lowest level compared with January of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2012 MSI of 14.2 months was at its highest level compared with January of 2011 and 2010.

450 400 350 300 250 200 150 100 50 0

278 293 311 321 332 342 322 318 311 298 256 273 292 325 362 367 393 406 403 381 348 326 279 288 289 314 330 355 370 356 336 337 328 300 261 270

Copyright | Price Range: All | Property Types: Single Family

Data is provided courtesy of Greater Fairfield County CMLS, Inc. and may not reflect all relevant real estate activity. does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

19 18 25 28 38 29 33 24 27 42 22 20 16 32 30 29 31 27 37 28 37 17 31 21 15 25 18 27 33 29 42 28 23 13 36 19

Median Sales Price and Average Sales Price

Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg

F 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 A M J J A S O N D J 09 10 11 12

Total Inventory & Month's Supply of Inventory (MSI)

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

25 20 15 10 5 0

F 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 A M J J A S O N D J 09 10 11 12

MARKET ACTION REPORT

January 2012
Coldwell Banker Greater Danbury

City: Danbury
Price Range: All | Properties: Single Family

203-790-9500
coldwellbankermoves.com/danbury facebook.com/coldwellbankerdanbury

Days On Market for Sold Properties

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for January was 124, up 8.8% from 114 days last month and equal to 124 days in January of last year. The January 2012 DOM was at its lowest level compared with January of 2011 and 2010. 190 170 150 130 110 90 70 50

Average Days on Market (Listing to Contract) for properties sold during the month

3 Mo Avg

128

124

124

F 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 A M J J A S O N D J 09 10 11 12

Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The January 2012 Selling Price per Square Foot of $144 was up 5.9% from $136 last month and down 11.8% from 164 in January of last year. 240 220 200 180 160 140 120 100

Average Selling Price per Square Foot for properties that sold during the month

3 Mo Avg

164 142 144

F 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 A M J J A S O N D J 09 10 11 12

Selling Price versus Listing Price Ratio

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The January 2012 Selling Price vs Original List Price of 96.0% was up from 91.8% last month and up from 95.2% in January of last year.

100% 99% 98% 97% 96% 95% 94% 93% 92% 91% 90%

Avg Selling Price divided by Avg Listing Price for sold properties during the month

3 Mo Avg

96.0% 94.6% 95.2%

F 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 A M J J A S O N D J 09 10 11 12

Inventory / New Listings / Sales

450 This last view of the market combines monthly inventory 400 of Properties for sale along with New Listings and Sales. 350 The graph shows the basic annual seasonality of the 300 market as well as the relationship between these items. 250 The number of New Listings in January 2012 was 63, up 200 37.0% from 46 last month and up 12.5% from 56 in 150 January of last year. 100 50 0

Inventory / New Listings / Sales

Inventory

New Listings

Sales

F 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 A M J J A S O N D J 09 10 11 12

Copyright | Price Range: All | Property Types: Single Family

Data is provided courtesy of Greater Fairfield County CMLS, Inc. and may not reflect all relevant real estate activity. does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

278 293 311 321 332 342 322 318 311 298 256 273 292 325 362 367 393 406 403 381 348 326 279 288 289 314 330 355 370 356 336 337 328 300 261 270

Inventory / Listings / Sales

January 2012
Coldwell Banker Greater Danbury

City: Danbury
Price Range: All | Properties: Single Family

203-790-9500
coldwellbankermoves.com/danbury facebook.com/coldwellbankerdanbury

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in January 2012 was 63, up 37.0% from 46 last month and up 12.5% from 56 in January of last year. 450
406 403

Inventory
393

New Listings

Sales

400
362 367

381

342

348

355

356

350
332 321 322 311 311

370

330

336

337

314

293

298

292

278

273

279

288

289

300

300 250 200 150 100

318

325

326

328

256

96

95

99

85

91

84

80

81

83

79

75

80

93

73

74

70

75

65

58

62

63

57

58

42 27 22

17 33 31

56 21 49 15

38

37

19

18

25

28

29

33

24

27

20

16

32

30

29

31

27

28

37

55

25

18

27

33

0
F 09 M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12

Copyright | Price Range: All | Property Types: Single Family

Data is provided courtesy of Greater Fairfield County CMLS, Inc. and may not reflect all relevant real estate activity. does not warrant or guarantee does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

29

65

50

56 42 70 28 58 23 40 13 46 36 63 19

66

261

270