Newtown, CT Real Estate Market Statistics Comparison 2009 vs 2010 Here is a comparison of the closed sales in Newtown, CT for both the year of 2009 and the year of 2010:
Closed Sales 2009
- Units Sold - 212
- Average Days on Market - 134
- Average List Price - $487,117
- Average Sale Price - $457,417
- Sale Price to List Price Ratio - 93.90%
Closed Sales 2010
- Units Sold - 243
- Average Days on Market - 126
- Average List Price - $481,993
- Average Sale Price - $457,134
- Sale Price to List Price Ratio - 94.84%
Overall, the real estate market in Newtown performed better in 2010 than it did in 2009. 31 more homes were sold in 2010 than in 2009. The average list price and sale price were both down a little; however, the sale price to list price ratio was up almost 1% in 2010. The sale average price for both 2009 and 2010 remained fairly consistent which indicates little growth or further decline in the market - the market has stablized. Given the huge declines in the past several years, this gives support to the recently report released by the National Association of Realtors (NAR). This report stated that the national real estate market hit "bottom" back in July 2010.
We hope that this information is helpful to you. If you have any questions about Newtown, CT Real Estate Market Statistics, please email us.
Bob & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
(203) 470-9818
