Orange Connecticut Real Estate Market Report for August 2008
In August of 2008 there were 11 homes that closed within the month for Orange CT. This is a decrease of 2 units as there were 13 homes that closed in August of 2007.
The Average list price for the homes that closed in Orange for August of 2008 was $434,018
The Average list price for the homes that closed in Orange for August of 2007 was $437,430
The Average sale price for the homes that closed in Orange for August of 2008 was $400,363
The Average sale price for the homes that closed in Orange for August of 2007 was $421,992
The Average Market time for the homes that closed in Orange for August of 2008 was 67 days.
The Average Market time for the homes that closed in Orange August of 2007 was 6362 days.
The average square foot for homes that closed in Orange for August of 2008 was 2,266 and the average sold price per square foot was $181.87.
The average square foot for homes that closed in Orange for August of 2007 was 1,811 and the average sold price per square foot was $228.38.
3 homes went under deposit in Orange CT in the month of August 2008. The average list price of the homes that went under deposit was $424,900. The average time on the market for these Orange CT homes were 81days.
January - August Market Statistics for Orange CT 2008
In Orange CT for the period of January to August of 2008 there were 69 properties sold.
In Orange CT for the period of January to August 2007 there were 90 properties sold.
In Orange CT for the period of January to August in 2008 the average list price was $449,663 the average sale price was $426,345 and the average market time was 85 days and the average sold price per square foot was $201.99.
In Orange CT for the period of January to August in 2007 the average list price was $464,898 the average sale price was $447,398 and the average time on the market was 48 days and the average sold price per square foot was $213.95.
** 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 3.2% decrease in the average sale price between 2007 and 2008
Filed under: Orange CT
