Orange CT Market Report for February 2008
Orange Connecticut Real Estate Market Report for February 2008
In February of 2008 there were 4 homes that closed within the month for Orange CT. This is an increase of 1 unit as there were 3 homes that closed in February of 2007.
The Average list price for the homes that closed in Orange for February of 2008 was $368,825
The Average list price for the homes that closed in Orange for February of 2007 was $439,600
The Average sale price for the homes that closed in Orange for February of 2008 was $344,750
The Average sale price for the homes that closed in Orange for February of 2007 was $393,167
The Average Market time for the homes that closed in Orange February of 2008 was 94 days.
The Average Market time for the homes that closed in Orange February of 2007 was 111 days.
11 homes went under deposit in Orange CT in the month of February 2008. The average list price of the homes that went under deposit was $363,400. The average time on the market for these Orange CT homes were 109 days.
January - February Market Statistics for Orange CT
In Orange CT for the period of January to February of 2008 there were 9 properties sold.
In Orange CT for the period of January to February 2007 there were 13 properties sold.
In Orange CT for the period of January to February in 2008 the average list price was $395,789 the average sale price was $374,211 and the average market time was 86 days.
In Orange CT for the period of January to February in 2007 the average list price was $476,338 the average sale price was $446,062 and the average time on the market was 56 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 16% decrease in the average sale price between 2007 and 2008
Filed under: Orange CT
