October 2016

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

Trending Versus*:

Market Profile & Trends Overview

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

Month

LM

$364,950
4%
$436,905
2%
$315,250
12%
$365,544
19%
310
6%
48 -20%
44 -24%
$177
-2%
$170 10%
6.5 33%
97.3% 0.4%

L3M PYM
3%
6%
-19%
3%
2%
34%
0%

4%
3%
19%
31%
-3%
-26%
-27%
7%
8%
32%
1%

Trending Versus*:

LY

YTD

PriorYTD

PriorYear

6%
10%

$310,000
$347,740

3%
4%

4%
5%

-17%
5%
5%
27%
0.8%

679
59
$171
$163
4.6
97.1%

14%
14%
1%
-1%
-11%
0.4%

11%
1%
1%
-11%
0.6%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales
October Property sales were 48, down -26.2% from 65 in October of 2015 and -20.0% lower than the 60 sales last month. October 2016 sales were at their
lowest level compared to October of 2015 and 2014. October YTD sales of 679 are running 13.9% ahead of last year's year-to-date sales of 596.

Prices
The Median Sales Price in October was $315,250, up 18.5% from $266,000 in October of 2015 and up 12.0% from $281,500 last month. The Average Sales
Price in October was $365,544, up 30.9% from $279,283 in October of 2015 and up 18.9% from $307,335 last month. October 2016 ASP was at highest level
compared to October of 2015 and 2014.

2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the
Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered
service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 11/1/2013 through 10/31/2016. Due to MLS reporting methods and allowable
reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data
accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

October 2016

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

Inventory & MSI

The Total Inventory of Properties available for sale as of October was 310, up 6.2% from 292 last month and down -2.8% from 319 in October of last year.
October 2016 Inventory was at a mid range compared to October of 2015 and 2014.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2016 MSI of 6.5 months was at its highest level
compared with October of 2015 and 2014.

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 October was 44, down -24.1% from 58
days last month and down -26.7% from 60 days in October of last year. The October 2016 DOM was at its lowest level compared with October of 2015 and
2014.

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 October 2016 Selling Price per Square Foot of $170 was up 10.4% from $154 last month and up 7.6% from $158 in October of last year.

2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the
Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered
service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 11/1/2013 through 10/31/2016. Due to MLS reporting methods and allowable
reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data
accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

October 2016

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

Selling Price vs Listing Price

The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their 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 October 2016 Selling Price vs List Price of 97.3% was
up from 96.9% last month and up from 96.7% in October of last year.

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 October 2016 was 70, down -30.0% from 100 last
month and down -17.6% from 85 in October of last year.

2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the
Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered
service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 11/1/2013 through 10/31/2016. Due to MLS reporting methods and allowable
reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data
accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

October 2016

MARKET ACTION REPORT

Sean Page
Sales Associate
860-966-6761
www.seanpage.com
sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home

N 13
52

Homes Sold
3 Mo. Roll Avg
(000's)

D J 14
55 35
47

F
33
41

M
36
35

A
41
37

M
54
44

J
99
65

J
98
84

A
82
93

S
57
79

O
58
66

N
42
52

D J 15
53 29
51 41

F
36
39

M
34
33

A
44
38

M
J
J
62 101 100
47 69 88

A
69
90

S
56
75

O
65
63

N
46
56

D J 16
63 39
58 49

F
37
46

M
56
44

A
57
50

M
J
J
A
73 122 104 83
62 84 100 103

S
60
82

O
48
64

MedianSalePrice
3 Mo. Roll Avg

N 13
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
F M
A M
J
J
A
S
O
338 270 285 260 262 290 295 325 336 327 275 265 290 280 260 250 292 304 299 328 305 350 300 266 253 280 315 295 288 280 319 333 315 312 282 315
298 272 269 271 282 303 318 329 313 289 277 278 277 263 267 282 298 310 311 328 318 305 273 266 283 297 299 288 296 311 322 320 303 303

Inventory
MSI

N 13
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
F M
A M
J
J
A
S
O
233 191 200 187 234 294 310 313 320 297 299 286 261 186 188 175 223 256 331 345 330 328 331 319 290 220 232 223 281 292 297 264 274 265 292 310
4
3
6
6
7
7
6
3
3
4
5
5
6
4
6
5
7
6
5
3
3
5
6
5
6
3
6
6
5
5
4
2
3
3
5
6

Days On Market
3 Mo. Roll Avg

N 13
69

F
84
69

M
69
70

A
58
70

M
38
55

J
53
50

J
39
43

A
51
48

S
46
45

O
50
49

N
41
46

D J 15
73 64
55 59

F
80
72

M
58
67

A
54
64

M
50
54

J
40
48

J
40
43

A
54
45

S
56
50

O
60
57

N
63
60

D J 16
59 54
61 59

F
84
66

M
68
69

A
75
76

M
64
69

J
48
62

J
52
55

A
62
54

S
58
57

O
44
55

N 13
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
F M
A M
J
J
A
S
O
168 159 163 165 153 149 170 172 174 173 160 165 157 156 149 146 160 162 170 170 169 168 169 158 154 151 153 157 160 154 160 169 169 171 154 170
163 162 160 156 157 164 172 173 169 166 161 159 154 150 152 156 164 167 170 169 169 165 160 154 153 154 157 157 158 161 166 170 165 165

Price per Sq Ft
3 Mo. Roll Avg

N 13
Sale to List Price
3 Mo. Roll Avg

D J 14

D J 15

D J 16

0.975 0.963 0.971 0.965 0.956 0.971 0.989 0.981 0.988 0.964 0.963 0.962 0.972 0.959 0.959 0.960 0.968 0.982 0.972 0.978 0.968 0.954 0.976 0.967 0.962 0.964 0.959 0.965 0.973 0.969 0.969 0.974 0.978 0.979 0.969 0.973
0.970 0.966 0.964 0.964 0.972 0.980 0.986 0.978 0.972 0.963 0.966 0.964 0.963 0.959 0.962 0.970 0.974 0.977 0.973 0.967 0.966 0.966 0.968 0.964 0.962 0.963 0.966 0.969 0.970 0.971 0.974 0.977 0.975 0.974

N 13
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
F M
A M
J
J
A
S
O
50 32 61 50 120 154 149 115 115 73 104 100 58 26 78 47 132 147 189 146 105 89 102 85 85 34 90 75 161 134 133 110 101 89 100 70
233 191 200 187 234 294 310 313 320 297 299 286 261 186 188 175 223 256 331 345 330 328 331 319 290 220 232 223 281 292 297 264 274 265 292 310
52 55 35 33 36 41 54 99 98 82 57 58 42 53 29 36 34 44 62 101 100 69 56 65 46 63 39 37 56 57 73 122 104 83 60 48

New Listings
Inventory
Sales
(000's)

Avg Sale Price

3 Mo. Roll Avg

D J 14
65 57
64

N 13
D J 14
F M
A M
J
J
A
S
O
N
D J 15
F M
A M
J
J
A
S
O
N
D J 16
F M
A M
J
J
A
S
O
383 315 375 308 281 325 352 363 378 391 325 310 303 321 282 257 329 312 360 377 339 370 338 279 308 315 340 322 328 323 343 389 349 354 307 366
358 333 322 305 319 347 364 377 365 342 313 311 302 287 289 299 334 349 359 362 349 329 309 301 321 326 330 324 331 352 360 364 337 342

2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential
Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
Based on information from Connecticut Multiple Listing Service, Inc. for the period 11/1/2013 through 10/31/2016. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be
completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.