Orange Connecticut Real Estate Market Report for April 2008
There are currently 82 homes on the market in Orange CT (5/16/08)
In April of 2008 there were 8 homes that closed within the month for Orange CT. This is a decrease of 1 units as there were 9 homes that closed in March of 2007.
The Average list price for the homes that closed in Orange for April of 2008 was $386,800
The Average list price for the homes that closed in Orange for April of 2007 was $497,300
The Average sale price for the homes that closed in Orange for April of 2008 was $369,33
The Average sale price for the homes that closed in Orange for April of 2007 was $489,700
The Average Market time for the homes that closed in Orange April of 2008 was 93 days.
The Average Market time for the homes that closed in Orange April of 2007 was 30 days.
4 homes went under deposit in Orange CT in the month of April 2008. The average list price of the homes that went under deposit was $469,814. The average time on the market for these Orange CT homes were 37 days.
January - April Market Statistics for Orange CT
In Orange CT for the period of January to April of 2008 there were 27 properties sold.
In Orange CT for the period of January to April 2007 there were 35 properties sold.
In Orange CT for the period of January to April in 2008 the average list price was $407,241 the average sale price was $376,188 and the average market time was 91 days.
In Orange CT for the period of January to April in 2007 the average list price was $475,926 the average sale price was $457,926 and the average time on the market was 44 days.
** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Orange CT
This represents a 21% decrease in the average sale price between 2007 and 2008
Filed under: Orange CT
