Dave Jones, Prospect Ct Broker/REALTOR's Dave Jones Realty, llc

This is a reminder that there will be a Town Meeting held on Wednesday, April 22nd at 7:00 pm at Community School. 

The purpose of this meeting will be to present, discuss the rather austere Town Budget.  As mentioned earlier, it's bottom line of about $6,571,000 is about $200,000 less than last year, reflecting a full 3% reduction.  

The Town Meeting format is reflective of our strong New England tradition where everyone present has a chance to comment, and even to request changes to individual line items; something that cannot be done if it were put to a 'machine vote'. 

  We hope to see you Wednesday, and feel free to bring along family and friends.

The annual Prospect, Ct lunch with the Easter Bunny and Easter egg hunt is here again! 

The Esatert Egg and Candy hunt is Saturday April 11th, 2009 at 11am.  It will be on the Town Green, weather permitting.  Be sure to get there a few minutes early, because if you are a few minutes late.....There will be nothing left.

They always divide into sections by age group of the children and there is plenty of loot for everyone! 

Directly following the egg hunt everyone heads across the street to the Prospect Fire House for lunch with the Easter Bunny.  Last year the cost was $5 and included; chips, hot dog, soda and a cookie.  The money went to the Amber Alert group.  The Amber Alert Group will also be setup to take photos and register children into their system and issue ID cards.  You can find out more about Amber Alert here http://www.amberalert.gov/

It is always a GREAT time for all!

The Prospect Lady's auxiliary will also be there to sell Easter Flowers.

 David J Jones
Broker/Owner, REALTOR, e-Pro
Dave Jones Realty, llc
PO Box 7363
Prospect, Ct 06712
203.758.0264 phone
203.758.0771 fax
www.DaveJonesRealty.com

Prospect Ct Real Estate Market Report March 2009

The Average list price for the homes that closed in Prospect for March of 2008 was $311,642

The Average list price for the homes that closed in Prospect for March of 2009 was $205,640 (-$106,002)

The Average sale price for the homes that closed in Prospect for March of 2008 was $297,471

The Average sale price for the homes that closed in Prospect for March of 2009 was $198,400 (-$99,071)

The Average Market time for the homes that closed in Prospect in March of 2008 was 55 days.

The Average Market time for the homes that closed in Prospect March of 2009 was 26 days. (-29 days)

The Average Home Size for the homes that closed in Prospect for March of 2008 was 2,004

The Average Home Size for the homes that closed in Prospect for March of 2009 was 1,557 (-447)

The Average Selling Price per Square foot for the homes that closed in Prospect in March of 2008 was $165.44

The Average Selling Price per Square foot  for the homes that closed in Prospect March of 2009 was $129.75 (-35.71)

I think that is shown here is that people are getting a lot more realistic on pricing.  and also people are buying much Smaller, older, less expensive homes on average. This is displayed by the Huge decrease in asking price ($15,844 decrease) but only a drop of $8,597 drop in sales price.

In March of 2009 there were 5 homes that closed within the month for Prospect Connecticut. This is a decrease of 2 units, as there were 7 homes that closed in March of 2008.

13 homes went under agreement in Prospect Ct in the month of March. The average list price of the homes that went under agreement was $295,315  The average time on the market for these Prospect homes were 73 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Prospect CT.

In comparing year over year longer term data for Prospect CONNECTICUT, it appears that there is still a downward trend in the average sale price for homes, as well as an increase in the days on the market for the same period in Prospect CT. There was also a substantial decrease in the number of properties sold in the January to December time frame in Prospect Ct over the past year!

Selling a home in Prospect Connecticut or other New Haven County towns is as always, dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Prospect and many other New Haven County communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Prospect Connecticut, it pays to have a professional on your side representing you.

The 5 homes that closed in March 2009 were

9 Buckley Lane, Prospect, CT 06712 Listed at $174,900 and sold at $170,000

24 Lee Road, Prospect CT 06712 Listed at $284,500 and sold at $280,000

15 Pinecrest, Prospect,CT 06712 Listed at $259,900 and sold at $246,000

70 Summit Road Prospect,CT Listed at $209,000 and sold at $186,000

118 Waterbury Road, Prospect,CT Listed at $99,900 and sold for $115,000 (multiple offers)

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About the Author: This Prospect Connecticut Real Estate market report was provided by David Jones of Dave Jones Realty, llc.  Dave can be reached by email at dave@davejonesrealty.com  or by phone at 203-758-0264. Dave & Lori have helped people move in and out of Prospect CT and other Prospect Valley towns . 

Thinking of selling your home? My wife and I have a passion for Real Estate and love to share our marketing expertise! 

For Connecticut and Prospect CT Real Estate and homes see Prospect Real Estate. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Central CT: Prospect, Prospect, Cheshire, Woodbury, Middlebury, Hamden, Waterbury, Wolcott, Torrington, West Hartford, Bethany, Beacon Falls, Terryville & Thomaston CT.

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