Orange Connecticut Real Estate Market Report for March 2008
There are currently 79 homes on the market in Orange CT (4/16/08)
In March of 2008 there were 9 homes that closed within the month for Orange CT. This is a decrease of 4 units as there were 13 homes that closed in March of 2007.
The Average list price for the homes that closed in Orange for March of 2008 was $439,900
The Average list price for the homes that closed in Orange for March of 2007 was $460,715
The Average sale price for the homes that closed in Orange for March of 2008 was $392,697
The Average sale price for the homes that closed in Orange for March of 2007 was $447,115
The Average Market time for the homes that closed in Orange March of 2008 was 95 days.
The Average Market time for the homes that closed in Orange March of 2007 was 42 days.
4 homes went under deposit in Orange CT in the month of March 2008. The average list price of the homes that went under deposit was $561,175. The average time on the market for these Orange CT homes were 89 days.
January - March Market Statistics for Orange CT
In Orange CT for the period of January to March of 2008 there were 19 properties sold.
In Orange CT for the period of January to March 2007 there were 26 properties sold.
In Orange CT for the period of January to March in 2008 the average list price was $415,847 the average sale price was $379,062 and the average market time was 90 days.
In Orange CT for the period of January to March in 2007 the average list price was $468,527 the average sale price was $446,588 and the average time on the market was 49 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 15% decrease in the average sale price between 2007 and 2008
Filed under: Orange CT
