Corcoran Report Litchfield County | May 2024

Page 1

LITCHFIELD COUNTY RESEARCH

MAY 2024

AVERAGE SALE PRICE

LITCHFIELD COUNTY

ACTIVE INVENTORY

NUMBER OF NEW LISTINGS

NUMBER OF HOMES SOLD PENDING SALES

TOTAL DOLLAR VOLUME

KEY METRICS | Single Family/Condo

5 1 0

KEY METRICS | Single Family/Condo

5 4 2 55

KEY METRICS | Single Family/Condo

4 3 2 5

99.5%
NEW
AVG
DOM SALE PRICE -58.3% -33.3% -33.3% 77.4% -6.7% 26.8% DECREASE DECREASE DECREASE INCREASE DECREASE INCREASE MAY
MAY
MAY 2023 MAY 2023 MAY 2023 MAY 2023
$544K
PENDING CLOSED AVERAGE % OF ASK
LISTINGS SALES LISTINGS
2023
2023
NEW
CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 400%
INCREASE DECREASE
PENDING
-50% -100%
DECREASE NA NA NA MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
103.9%
NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 0% -40% -60% -81.5% 3.4% 64.7% NO CHNG DECREASE DECREASE DECREASE INCREASE INCREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
$703K

KEY METRICS | Single Family/Condo

KEY METRICS | Single Family/Condo

KEY METRICS | Single Family/Condo

53 24 17

4 8 44 106.6% $399K NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 0% -20% 14.3% 37.5% 2.2% -7.9% NO CHNG DECREASE INCREASE INCREASE INCREASE DECREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
11
6 59 100.9% $893K NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 38.5% 0% 20% -33.7% 3.6% 45.3% INCREASE NO CHNG INCREASE DECREASE INCREASE INCREASE MAY
MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
18 7
2023
11 104.9% $498K NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 12.8% -20% -48.5% -75% 4% 14.4% INCREASE DECREASE DECREASE DECREASE INCREASE INCREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023

KEY METRICS | Single Family/Condo

KEY METRICS | Single Family/Condo

KEY METRICS | Single Family/Condo

253 90% $1.86M NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE -37.5% -75% 0% 406% -11.3% 269.3% DECREASE DECREASE NO CHNG INCREASE DECREASE INCREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
5 1 3
1 186 87.6% $2.63M NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE -100% DECREASE NA NA NA NA NA MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
0 1
42 102.9% $1.47M NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 42.9% 50% 66.7% -58.4% 10.2% 62.7% INCREASE INCREASE INCREASE DECREASE INCREASE INCREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
10 6 5

KEY METRICS | Single Family

KEY METRICS | Single Family/Condo

KEY METRICS | Single Family/Condo

39 43 38 25 103.2% $281K NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE -22% 7.5% 15.2% 19% 0% 17.4% DECREASE INCREASE INCREASE INCREASE NO CHNG INCREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
3 62 89% $324K NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 150% -16.7% 0% -45.1% -4.8% -79.6% INCREASE DECREASE NO CHNG DECREASE DECREASE DECREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
10 5
7 83 96% $1.18M NEW PENDING CLOSED AVERAGE % OF ASK AVG LISTINGS SALES LISTINGS DOM SALE PRICE 25% 50% 600% 1,283.3% -2.8% 44.8% INCREASE INCREASE INCREASE INCREASE DECREASE INCREASE MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023 MAY 2023
10 6

customercare@corcorancentric.com

www.corcorancentric.com

Sources: ASSESSOR RECORDS, DOMUS ANALYTICS, MLS DATABASES, PROPRIETARY INFO & VALUATION TOOLS As of June 3, 2024 Data deemed reliable but not assured as exact.

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