MARKET ACTION REPORT

Sean Page

April 2014
Sales Associate 860-966-6761 (860) 231-2888 sean.page@cbmoves.com
Trending Versus*: Trending Versus*:

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

Market Profile & Trends Overview

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

Month
$359,900 $503,561 $320,000 $327,386 255 35 50 $182 $152 7.3 97.5%

LM

L3M PYM

LY

YTD

PriorYTD

PriorYear

$280,000 $324,234 138 65 $177 $158 6.0 96.6%

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

Property Sales
April Property sales were 35, down -42.6% from 61 in April of 2013 and -2.8% lower than the 36 sales last month. April 2014 sales were at their lowest level compared to April of 2013 and 2012. April YTD sales of 138 are running -20.7% behind last year's year-to-date sales of 174.

Prices
The Median Sales Price in April was $320,000, up 3.2% from $310,000 in April of 2013 and up 22.1% from $262,000 last month. The Average Sales Price in April was $327,386, up 3.4% from $316,652 in April of 2013 and up 16.4% from $281,264 last month. April 2014 ASP was at highest level compared to April of 2013 and 2012.

2014 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 5/1/2011 through 4/30/2014. 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.

MARKET ACTION REPORT

Sean Page

April 2014
Sales Associate 860-966-6761 (860) 231-2888 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 April was 255, up 18.6% from 215 last month and up 10.9% from 230 in April of last year. April 2014 Inventory was at highest level compared to April of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2014 MSI of 7.3 months was at its highest level compared with April of 2013 and 2012.

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 April was 50, down -27.5% from 69 days last month and down -27.5% from 69 days in April of last year. The April 2014 DOM was at its lowest level compared with April of 2013 and 2012.

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 April 2014 Selling Price per Square Foot of $152 was down -0.7% from $153 last month and down -7.3% from $164 in April of last year.

2014 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 5/1/2011 through 4/30/2014. 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.

MARKET ACTION REPORT

Sean Page

April 2014
Sales Associate 860-966-6761 (860) 231-2888 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 April 2014 Selling Price vs List Price of 97.5% was up from 95.6% last month and up from 97.0% in April 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 April 2014 was 152, up 26.7% from 120 last month and up 1.3% from 150 in April of last year.

2014 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 5/1/2011 through 4/30/2014. 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.

MARKET ACTION REPORT

Sean Page

April 2014
Sales Associate 860-966-6761 (860) 231-2888 sean.page@cbmoves.com

City: W Hartford
Price Range: $0 to $999,999,000 | Properties: Single Family Home
Homes Sold 3 Mo. Roll Avg M 11 50 J 89 J 72 70 A 59 73 S 44 58 O 41 48 N 44 43 D J 12 43 32 43 40 F 21 32 M 39 31 A 51 37 M 70 53 J 89 70 J 78 79 A 76 81 S 41 65 O 37 51 N 48 42

D J 13 51 47 45 49

F 27 42

M 39 38

A 61 42

M J 69 112 56 81

J 88 90

A 88 96

S 54 77

O 51 64

N 52 52

D J 14 55 34 53 47

F 33 41

M 36 34

A 35 35

(000's) M

MedianSalePrice 3 Mo. Roll Avg

11 J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A 340 290 340 325 274 285 275 265 271 314 310 250 323 315 305 327 259 292 304 280 281 303 295 310 310 330 303 328 290 297 338 270 289 260 262 320 323 318 313 295 278 275 270 283 298 291 294 296 314 316 297 292 285 292 288 288 293 303 305 317 314 320 307 305 308 302 299 273 270 281

Inventory MSI

M 11 J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A 283 307 287 279 265 259 229 195 197 209 215 244 236 232 219 230 249 245 218 181 183 186 195 230 246 233 225 235 251 232 217 187 185 171 215 255 6 3 4 5 6 6 5 5 6 10 6 5 3 3 3 3 6 7 5 4 4 7 5 4 4 2 3 3 5 5 4 3 5 5 6 7 M 11 61 J 68 J 36 55 A 47 50 S 72 52 O 61 60 N 60 64 D J 12 68 92 63 73 F 87 82 M 79 86 A 57 74 M 61 66 J 66 61 J 46 58 A 45 52 S 48 46 O 30 41 N 57 45 D J 13 71 76 53 68 F 54 67 M 57 62 A 69 60 M 35 54 J 44 49 J 39 39 A 40 41 S 63 47 O 40 48 N 69 57 D J 14 65 58 58 64 F 84 69 M 69 70 A 50 68

Days On Market 3 Mo. Roll Avg

Price per Sq Ft 3 Mo. Roll Avg

M 11 J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A 169 170 172 164 159 157 160 161 140 156 156 157 168 171 167 170 162 163 163 163 151 160 160 164 166 173 172 171 170 162 168 159 163 165 153 152 170 169 165 160 159 159 154 152 151 156 160 165 169 169 166 165 163 163 159 158 157 161 163 168 170 172 171 168 167 163 163 162 160 157 M 11 J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A

Sale to List Price 3 Mo. Roll Avg

0.960 0.963 0.978 0.972 0.958 0.962 0.965 0.955 0.937 0.961 0.961 0.967 0.971 0.969 0.970 0.975 0.968 0.974 0.970 0.959 0.977 0.972 0.965 0.970 0.978 0.982 0.979 0.975 0.968 0.964 0.975 0.963 0.971 0.965 0.956 0.975 0.967 0.971 0.969 0.964 0.962 0.961 0.952 0.951 0.953 0.963 0.966 0.969 0.970 0.971 0.971 0.972 0.971 0.968 0.969 0.969 0.971 0.969 0.971 0.977 0.980 0.979 0.974 0.969 0.969 0.967 0.970 0.966 0.964 0.965

New Listings Inventory Sales

M 11 J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A 141 110 71 80 72 75 34 39 71 81 100 115 113 86 84 69 107 74 46 30 72 66 106 150 130 91 104 81 90 90 50 32 60 48 120 152 283 307 287 279 265 259 229 195 197 209 215 244 236 232 219 230 249 245 218 181 183 186 195 230 246 233 225 235 251 232 217 187 185 171 215 255 50 89 72 59 44 41 44 43 32 21 39 51 70 89 78 76 41 37 48 51 47 27 39 61 69 112 88 88 54 51 52 55 34 33 36 35
(000's) M

Avg Sale Price 3 Mo. Roll Avg

11 J J A S O N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A 372 401 386 365 351 284 296 342 270 337 319 292 372 360 350 359 319 321 317 338 294 317 324 317 335 369 358 344 340 315 383 315 382 308 281 327 387 384 368 334 310 307 303 316 309 316 328 342 361 356 343 333 319 325 316 316 312 319 325 340 354 357 348 333 346 338 360 335 324 306

2014 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 5/1/2011 through 4/30/2014. 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.