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MARKET ACTION REPORT 

December 2011

City: Fairfield The Sound Partners

Realtors

203-292-5173

thesoundpartners@gmail.com

Make a Sound decision based on facts not hype

Price Range: ALL | Properties: Single Family Home

Trending Versus*:   Trending Versus*:Market Profile & Trends Overview  Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $654,000

 Average List Price of all Current Listings $1,156,825

December Median Sales Price $425,000 $546,500

December Average Sales Price $672,532 $690,027

Total Properties Currently for Sale (Inventory) 384

December Number of Properties Sold 33 531

December Average Days on Market (Solds) 89 105

 Asking Price per Square Foot (based on New Listings) $304 $338

December Sold Price per Square Foot $284 $297

December Month's Supply of Inventory 11.6 11.5

December Sale Price vs List Price Ratio 94.1% 94.4%

 

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales December Property sales were 33, down -23.3% from 43 in December of 2010 and 3.1% higher than the 32 sales last month. December 2011sales were at a mid level compared to December of 2010 and 2009. December YTD sales of 531 are running -12.5% behind last year's year-to-date sales of 607.

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MARKET ACTION REPORT 

December 2011

City: Fairfield The Sound Partners

Realtors

203-292-5173

thesoundpartners@gmail.com

Make a Sound decision based on facts not hype

Price Range: ALL | Properties: Single Family Home

Inventory & MSI The Total Inventory of Properties available for sale as of December was 384, down -19.2% from 475 last month and up 2.1% from 376 inDecember of last year. December 2011 Inventory was at highest level compared to December of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2011 MSI of 11.6 monthswas at a mid range compared with December of 2010 and 2009.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forDecember was 89, down -14.4% from 104 days last month and up 3.5% from 86 days in December of last year. The December 2011 DOM wasat a mid range compared with December of 2010 and 2009.

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MARKET ACTION REPORT 

December 2011

City: Fairfield The Sound Partners

Realtors

203-292-5173

thesoundpartners@gmail.com

Make a Sound decision based on facts not hype

Price Range: ALL | Properties: Single Family Home

Selling Price vs Original Listing Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price.The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. TheDecember 2011 Selling Price vs Original List Price of 94.1% was down from 95.0% last month and down from 94.2% in December of lastyear.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in December 2011 was 38, down-29.6% from 54 last month and up 5.6% from 36 in December of last year.

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MARKET ACTION REPORT 

December 2011

City: Fairfield The Sound Partners

Realtors

203-292-5173

thesoundpartners@gmail.com

Make a Sound decision based on facts not hype

Price Range: ALL | Properties: Single Family Home

 Based on information from Greater Fairfield County CMLS, Inc. for the period 1/1/2009 through 12/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not becompletely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

 

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D

Homes Sold 17 12 36 24 31 62 80 55 33 40 47 31 41 32 38 47 55 103 63 59 44 41 41 43 34 34 23 49 59 80 54 55 45 33 32 333 Mo. Roll Avg 22 24 30 39 58 66 56 43 40 39 40 35 37 39 47 68 74 75 55 48 42 42 39 37 30 35 44 63 64 63 51 44 37 33

 (000's)

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N DMedianSalePrice 448 472 522 589 546 638 601 593 540 495 495 433 570 476 515 493 515 575 611 541 418 513 473 469 504 446 500 630 535 639 527 612 605 443 503 4253 Mo. Roll Avg 481 528 552 591 595 610 578 542 510 474 499 493 520 495 508 528 567 576 523 490 468 485 482 473 483 525 555 601 567 593 581 553 517 457

 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D

Inventory 392 444 498 541 581 547 515 493 498 500 441 362 434 473 537 584 576 567 527 510 520 496 467 376 360 378 436 483 523 525 530 515 507 503 475 384

MSI 23 37 14 23 19 9 6 9 15 13 9 12 11 15 14 12 10 6 8 9 12 12 11 9 11 11 19 10 9 7 10 9 11 15 15 12

 

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N DDays On Market 100 85 101 78 114 104 106 94 95 96 112 95 108 106 92 86 112 94 88 89 93 112 109 86 115 126 137 127 105 96 72 115 93 107 104 893 Mo. Roll Avg 95 88 98 99 1 08 1 01 98 95 101 1 01 1 05 1 03 102 95 97 97 98 90 90 98 1 05 1 02 103 109 126 1 30 1 23 109 91 94 93 1 05 101 100

 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D

Price per Sq Ft 295 274 304 292 301 310 285 318 305 264 295 300 265 349 278 293 279 314 321 304 277 289 298 313 284 282 300 280 298 318 295 305 332 287 269 2843 Mo. Roll Avg 291 290 299 301 299 304 303 296 288 286 287 305 297 307 283 295 305 313 301 290 288 300 298 293 289 287 293 299 304 306 311 308 296 280

 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D

Sale to List Price 0.941 0.951 0.935 0.931 0.926 0.939 0.944 0.939 0.931 0.938 0.930 0.948 0.937 0.950 0.948 0.955 0.950 0.954 0.955 0.943 0.935 0.953 0.948 0.942 0.950 0.959 0.962 0.953 0.963 0.954 0.954 0.951 0.953 0.939 0.950 0.941

3 Mo. Roll Avg   0.942 0.939 0.931 0.932 0.936 0.941 0.938 0.936 0.933 0.939 0.938 0.945 0.945 0.951 0.951 0.953 0.953 0.951 0.944 0.944 0.945 0.948 0.947 0.950 0.957 0.958 0.959 0.957 0.957 0.953 0.953 0.948 0.947 0.943

 J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D

New Listings 117 1 32 1 40 1 35 1 33 1 18 1 06 80 1 31 1 01 59 33 1 61 1 24 1 57 1 77 1 29 1 26 96 89 1 23 99 61 36 63 86 1 50 1 55 1 57 1 27 1 00 82 96 1 01 54 38Inventory 392 444 498 541 581 547 515 493 498 500 441 362 434 473 537 584 576 567 527 510 520 496 467 376 360 378 436 483 523 525 530 515 507 503 475 384

Sales 17 12 36 24 31 62 80 55 33 40 47 31 41 32 38 47 55 103 63 59 44 41 41 43 34 34 23 49 59 80 54 55 45 33 32 33

 (000's)

J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S O N DAvg Sale Price 549 786 754 606 735 754 669 845 747 537 705 662 624 766 639 634 616 776 797 611 567 659 734 630 727 737 733 706 658 680 639 755 816 617 519 6733 Mo. Roll Avg 696 715 698 698 719 756 754 710 663 635 664 684 676 680 630 675 730 728 658 612 653 674 697 698 732 725 699 681 659 691 737 729 651 603