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HOUSING REPORT
2015
year to date
In February 2015, as compared to February 2014, Unit Sales*
rose 0.4% in Connecticut, 1.5% in New York**, 21.5% in
Manhattan, 7.4% in Rhode Island, 5.5% in Vermont, 2.2% in
New Hampshire and 8.5% in Maine. Meanwhile, Average Sales
Price increased 32.2% in Brooklyn and 6.8% in Massachusetts.
*All data is based off of year-to-date numbers for single-family homes, except
for Manhattan and Brooklyn, which pulls from condominium data.
**Includes a combination of data for Westchester, Putnam, Rockland, Sullivan,
Ulster and Orange Counties in New York.
20
15
CONNECTICUT
Through
Through
Feb. 2014
% Chg
2,988
2,975
0.4%
$383,569
$391,320
-2.0%
94.5%
95.0%
-0.5%
7.9
7.4
6.0%
Feb. 2015
Unit Sales
Average Sales Price
Sales to List Price Ratio
Months of Supply
NEW YORK*
Through
Through
Feb. 2014
% Chg
1,293
1,274
1.5%
$525,244
$610,463
-14.0%
95.6%
95.6%
0.0%
8.8
8.7
1.8%
Feb. 2015
Unit Sales
Average Sales Price
Sales to List Price Ratio
Months of Supply
Units
%Change
0.4%
Units
%Change
1.5%
*Includes a combination of year-to-date, single-family data for Westchester, Putnam,
Rockland, Sullivan, Ulster and Orange Counties in New York.
NEW YORK
MANHATTAN
Unit Sales
Average Sales Price
Price Per Square Foot For Sold
Market Time (Days)
NEW YORK
BROOKLYN
Unit Sales
Average Sales Price
Price Per Square Foot For Sold
Market Time (Days)
Through
Through
Feb. 2014
% Chg
867
21.5%
$2,205,251 $2,273,086
-3.0%
Feb. 2015
1,053
$1,788
$1,741
2.7%
125
104
20.2%
Through
Through
Feb. 2014
% Chg
419
410
2.2%
$922,751
$698,140
32.2%
$935
85
$726
78
28.8%
9.0%
Feb. 2015
Units
%Change
21.5%
Sales Price
%Change
32.2%
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15
MASSACHUSETTS
Through
Through
Feb. 2014
% Chg
4,641
4,728
-1.8%
$436,011
$408,336
6.8%
96.1%
96.1%
0.1%
4.2
4.4
-4.2%
Feb. 2015
Unit Sales
Average Sales Price
Sales to List Price Ratio
Months of Supply
Sales Price
%Change
6.8%
MASSACHUSETTS
CAPE COD
Unit Sales
Average Sales Price
Sales to List Price Ratio
Months of Supply
RHODE ISLAND
Through
% Chg
406
385
5.5%
$480,686
$546,236
-12.0%
94.2%
92.4%
2.0%
7.7
8.0
-3.3%
Through
Average Sales Price
Sales to List Price Ratio
Months of Supply
Through
Feb. 2014
% Chg
1,019
949
7.4%
$277,377
$283,608
-2.2%
94.6%
5.9
93.9%
5.1
0.8%
15.0%
Feb. 2015
Unit Sales
Through
Feb. 2014
Feb. 2015
Units
%Change
5.5%
Units
%Change
7.4%
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15
VERMONT
Through
Unit Sales
Average Sales Price
Sales to List Price Ratio
New Listings
Through
Feb. 2014
% Chg
476
451
5.5%
$245,683
$251,338
-2.3%
89.9%
93.5%
-3.9%
1,032
1,130
-8.7%
Through
Through
Feb. 2014
% Chg
1,344
1,315
2.2%
$255,560
$259,712
-1.6%
96.3%
96.1%
0.2%
2,468
2,800
-11.9%
Through
Through
Feb. 2015
Units
%Change
5.5%
NEW HAMPSHIRE
Feb. 2015
Unit Sales
Average Sales Price
Sales to List Price Ratio
New Listings
MAINE
Feb. 2014
% Chg
64
59
8.5%
$332,622
$325,738
2.1%
94.5%
90
91.7%
117
3.1%
-23.1%
Feb. 2015
Unit Sales
Average Sales Price
Sales to List Price Ratio
New Listings
Units
%Change
2.2%
Units
%Change
8.5%
20
15
Current Market Conditions
William Raveis provides instant access to data on the market conditions in
Connecticut, Massachusetts, Manhattan, Brooklyn, Westchester County, New
York, Rhode Island, New Hampshire, Vermont and Maine. Pulling from multiple
MLS’ across the Northeast, Current Market Conditions is accessible 24 hours a
day, 7 days a week at no charge. Information is available on a town, county and
statewide level and can be viewed for single family, condominium, multi-unit and
co-ops.
Statistics are provided for unit sales, average sale price, median sale price,
average list price, sales to list price ratio, inventory, months of supply, market time
(days), price per square foot and new listings, and results are shown for one-month
comparison, three-months ending, 12-months ending and year-to-date. Raw data
is updated on a constant basis as it becomes available from the MLSs. However,
for the official analysis check the site on the 10th of each month (or the 26th for
Manhattan and Brooklyn.) In addition to the market conditions available, you can
view all the recent sales information for properties in the selected area.
Most recently, William Raveis is utilizing years of historical MLS data to take Current
Market Conditions to the next level. We’re no longer simply reporting current
statistics—we’re forecasting the future of the housing market. This unprecedented,
industry-first data can help you decide the best time to buy or put your home on the
market, all based on prior data.
To see all of our Current Market Conditions, visit raveis.com.
7 Trap Falls Road | Shelton, CT 06484 | 1.888.699.8876 | raveis.com