MARKET ACTION REPORT

Eileen Mazza

August 2011
Sales Associate (860) 633-3661 eileen.mazza@cbmoves.com (860) 657-8915
Trending Versus*: Trending Versus*:

City: Glastonbury
Price Range: ALL | Properties: Single Family Home

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings August Median Sales Price August Average Sales Price Total Properties Currently for Sale (Inventory) August Number of Properties Sold August Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) August Sold Price per Square Foot August Month's Supply of Inventory August Sale Price vs List Price Ratio

Month
$399,900 $508,903 $370,000 $408,529 219 31 43 $172 $158 7.1 97.3%

LM

L3M PYM

LY

YTD

PriorYTD

PriorYear

$381,250 $448,412 185 65 $177 $166 7.9 96.3%

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

Property Sales
August Property sales were 31, up 3.3% from 30 in August of 2010 and 6.9% higher than the 29 sales last month. August 2011 sales were at their highest level compared to August of 2010 and 2009. August YTD sales of 185 are running -12.7% behind last year's year-to-date sales of 212.

Prices
The Median Sales Price in August was $370,000, down -10.3% from $412,500 in August of 2010 and down -5.3% from $390,624 last month. The Average Sales Price in August was $408,529, down -4.4% from $427,210 in August of 2010 and down -9.7% from $452,226 last month. August 2011 ASP was at the lowest level compared to August of 2010 and 2009.

Based on information from Connecticut Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely 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.

MARKET ACTION REPORT

Eileen Mazza

August 2011
Sales Associate (860) 633-3661 eileen.mazza@cbmoves.com (860) 657-8915

City: Glastonbury
Price Range: ALL | Properties: Single Family Home

Inventory & MSI

The Total Inventory of Properties available for sale as of August was 219, up 4.3% from 210 last month and up 17.7% from 186 in August of last year. August 2011 Inventory was at highest level compared to August of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2011 MSI of 7.1 months was at its highest level compared with August 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 DOM tends 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 for August was 43, up 10.3% from 39 days last month and down -12.2% from 49 days in August of last year. The August 2011 DOM was at its lowest level compared with August of 2010 and 2009.

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The August 2011 Selling Price per Square Foot of $158 was down -7.6% from $171 last month and down -3.1% from $163 in August of last year.

Based on information from Connecticut Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely 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.

MARKET ACTION REPORT

Eileen Mazza

August 2011
Sales Associate (860) 633-3661 eileen.mazza@cbmoves.com (860) 657-8915

City: Glastonbury
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. The August 2011 Selling Price vs Original List Price of 97.3% was down from 98.1% last month and up from 96.3% in August of last year.

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 basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in August 2011 was 53, down 8.6% from 58 last month and up 20.5% from 44 in August of last year.

Based on information from Connecticut Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely 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.

MARKET ACTION REPORT

Eileen Mazza

August 2011
Sales Associate (860) 633-3661 eileen.mazza@cbmoves.com (860) 657-8915

City: Glastonbury
Price Range: ALL | Properties: Single Family Home
Homes Sold 3 Mo. Roll Avg
(000's)

S 08 24

O 32

N 18 25

D J 09 17 12 22 16

F 17 15

M 16 15

A 17 17

M 26 20

J 39 27

J 51 39

A 26 39

S 31 36

O 24 27

N 34 30

D J 10 20 16 26 23

F 13 16

M 24 18

A 27 21

M 23 25

J 52 34

J 27 34

A 30 36

S 26 28

O 34 30

N 21 27

D J 11 26 14 27 20

F 18 19

M 19 17

A 16 18

M 19 18

J 39 25

J 29 29

A 31 33

MedianSalePrice 3 Mo. Roll Avg

S 08 O N D 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 360 324 327 352 264 325 320 290 351 340 390 336 293 341 303 341 372 330 360 395 370 349 387 413 322 378 440 309 480 355 343 335 356 415 391 370 337 334 314 314 303 312 320 327 360 355 340 323 312 328 338 347 354 362 375 371 369 383 374 371 380 375 410 381 393 344 345 369 387 392 S 08 O N D 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 204 220 188 160 145 163 170 175 181 195 196 174 171 142 128 121 119 131 154 178 176 193 202 186 185 178 162 139 119 118 146 165 190 214 210 219 9 7 10 9 12 10 11 10 7 5 4 7 6 6 4 6 7 10 6 7 8 4 7 6 7 5 8 5 9 7 8 10 10 5 7 7 S 08 42 O 47 N 73 54 D J 09 61 109 60 81 F 85 85 M A 56 143 83 95 M 53 84 J 61 86 J 56 57 A 60 59 S 70 62 O 61 64 N 54 62 D J 10 62 84 59 67 F 77 74 M 75 79 A 96 83 M 51 74 J 48 65 J 63 54 A 49 53 S 79 64 O 73 67 N 82 78 D J 11 72 86 76 80 F M 58 101 72 82 A 96 85 M 84 94 J 59 80 J 39 61 A 43 47

Inventory MSI

Days On Market 3 Mo. Roll Avg

Price per Sq Ft 3 Mo. Roll Avg

S 08 O N D 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 173 178 176 167 164 152 160 164 164 154 169 165 166 154 170 166 159 183 175 167 172 172 167 163 154 166 155 161 164 162 164 159 169 176 171 158 176 174 169 161 159 159 163 161 162 163 167 162 163 163 165 169 172 175 171 170 170 167 161 161 158 161 160 162 163 162 164 168 172 168 S 08 O N D 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

Sale to List Price 3 Mo. Roll Avg

0.974 0.974 0.960 0.959 0.953 0.934 0.951 0.933 0.967 0.975 0.961 0.968 0.967 0.963 0.982 0.964 0.976 0.972 0.987 0.971 0.976 0.975 0.974 0.963 0.963 0.957 0.955 0.959 0.939 0.969 0.959 0.986 0.961 0.967 0.981 0.973 0.969 0.964 0.957 0.949 0.946 0.939 0.950 0.958 0.968 0.968 0.965 0.966 0.971 0.970 0.974 0.971 0.978 0.977 0.978 0.974 0.975 0.971 0.967 0.961 0.958 0.957 0.951 0.956 0.956 0.971 0.969 0.971 0.970 0.974

New Listings Inventory Sales

(000's)

S 08 O N D 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 60 63 30 20 39 48 50 61 65 59 52 36 48 32 25 15 44 46 66 80 55 60 61 44 52 45 32 11 31 30 64 62 60 90 58 53 204 220 188 160 145 163 170 175 181 195 196 174 171 142 128 121 119 131 154 178 176 193 202 186 185 178 162 139 119 118 146 165 190 214 210 219 24 32 18 17 12 17 16 17 26 39 51 26 31 24 34 20 16 13 24 27 23 52 27 30 26 34 21 26 14 18 19 16 19 39 29 31 S 08 O N D 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 422 397 415 380 352 365 361 354 411 372 439 412 336 393 342 381 424 342 404 448 394 396 433 427 408 414 450 378 556 596 401 363 434 436 452 409 411 397 382 365 359 360 375 379 408 408 396 380 357 372 382 382 390 398 415 412 408 419 423 417 424 414 461 510 518 453 399 411 441 432

Avg Sale Price 3 Mo. Roll Avg

Based on information from Connecticut Multiple Listing Service, Inc. for the period 9/1/2008 through 8/31/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely 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.