Orange Connecticut Real Estate Market Report for May 2008
Orange Connecticut Real Estate Market Report for May 2008
There are currently 75 home on the market in Orange CT (6/25/08)
In May of 2008 there were 14 homes that closed within the month for Orange CT. This is an increase of 4 units as there were 10 homes that closed in May of 2007.
The Average list price for the homes that closed in Orange for May of 2008 was $474,071
The Average list price for the homes that closed in Orange for May of 2007 was $356,570
The Average sale price for the homes that closed in Orange for May of 2008 was $449,071
The Average sale price for the homes that closed in Orange for May of 2007 was $347,690
The Average Market time for the homes that closed in Orange May of 2008 was 84 days.
The Average Market time for the homes that closed in Orange May of 2007 was 60 days.
The average square foot for homes that closed in Orange for May of 2008 was 2,373 and the average sold price per square foot was $197.91.
The average square foot for homes that closed in Orange for May of 2007 was 1,737 and the average sold price per square foot was $196.20.
4 homes went under deposit in Orange CT in the month of May 2008. The average list price of the homes that went under deposit was $547,425. The average time on the market for these Orange CT homes were 86 days.
January - April Market Statistics for Orange CT
In Orange CT for the period of January to May of 2008 there were 41 properties sold.
In Orange CT for the period of January to May 2007 there were 35 properties sold.
In Orange CT for the period of January to May in 2008 the average list price was $430,178 the average sale price was $401,075 and the average market time was 89 days and the average sold price per square foot was $196.13.
In Orange CT for the period of January to May in 2007 the average list price was $449.402 the average sale price was $433,233 and the average time on the market was 48 days and the average sold price per square foot was $209.21 .
** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Orange CT
Filed under: Orange CT
