Special offer

Prospect, CT Real Estate News

By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Here's a peek at the current real estate market in Prospect, CT: Active Listings 64 New Listings 6 Average List Price $343,006 Median List Price $337,500 Average Sq. Ft. 2155 Median Sq. Ft. 2168 This is the price range of single-family homes in Prospect, CT: List Price Houses % < 200,000 7 11 200,001-250,000 12 19 250,001-300,000 8 12.5 300,001-350,000 7 11 350,001-400,000 12 19 400,001-450,000 8 12.5 450,001-500,000 3 5 >500,001 7 11    And the following are the new homes for sale on the market in Prospect, CT: Address L/Price ADOM 42 GREENWOOD DR 219,900 1 7 MARIA HOTCHKISS RD 195,000 4 6 SALEM ROAD 267,500 1 64 SMOKERISE CIR 370,000 3 4 VALLEY LN 69,900 7 35 WOODCREST DR 309,900 5 Now, let's take a look at what's sold in Prospect, CT in the last month: Closed Listings - 5 Average Med...
Comments 1
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(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.
Comments 0
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
PROSPECT, CT MARKET REPORT APRIL 2009 Here's a peek at the current real estate market in Prospect, CT: Active Listings 57 New Listings 0 Average List Price $350,205 Median List Price $349,500 Average Sq. Ft. 2235 Median Sq. Ft. 2175  The interesting thing about Prospect, CT's real estate market at the moment is that there are no new listings within the last month, so you know from that information that the majority of the homes for sale in Prospect, CT have been on the market for over a month, at least. This is the price range of single-family homes in Prospect: List Price Houses % < 200,000 4 7 201,000-250,000 10 17.5 251,000-300,000 11 19 301,000-350,000 5 9 351,000-400,000 10 17.5 401,000-450,000 8 14 451,000-500,000 3 5 >501,000 6 11                       Now, let's take a look at w...
Comments 1
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
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 fi...
Comments 1
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Prospect Ct Real Estate Report 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 tha...
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
    http://www.rep-am.com/News/399952.txt The front page of the Waterbury republican talks about home sales here in Ct. dropping 35% from January 08'.  Although they do notice people have a "renewed interest in the State market".  I ran my own January 08' vs. January 09' comparison for the towns my brokerage are most active in. Prospect,CtCheshire,CtWaterbury,CtNaugatuck,CtWolcott,CtBeacon Falls,CtBethany,Ct                                                                         January 2008                                                                                 VS.                                                                           January 2009   Now these numbers are slightly skewed due to the fact there were 6 properties that were foreclosures that were very rough.  The...
Comments 1
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Well this should be fast Market update since it was a low production month here in the great town of Prospect!  Only 3 properties sold. 8 Brookwood Court Listed at $260,000 sold for $262,000 in 14 days. 133 Summit Road listed at $249,900 sold for $218,000 in 235 days. and 12 Scott Road. Listed at $247,500 sold for $238,500 in 21 days. The three homes aveaged 1,400 square feet.   If we flash back to January 2008 there were only 2 closings, but BOTH were over $400,000 and averaged over 3,100 square feet.  I see a trend of smaller, more affordable housing ushering in the spring market.   David J Jones Broker/Owner, REALTOR, e-ProDave Jones Realty, llcPO Box 7363Prospect, Ct 06712203.758.0264 phone203.758.0771 faxwww.DaveJonesRealty.com     Check yourMarket Snapshot
Comments 2
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Below are the final end results for the 2008 Real Estate year in Prospect.  Average for Residential Sales 01/01/2008 to 01/01/2009 Bedrooms       Square Footage         Average List Price          Average Sales Price       Days on Market 3                        1,861                            $297,420                            $282,892                                 106      Now lets look at the same statistics for the year prior 01/01/2007/01/01/2008 Bedrooms       Square Footage         Average List Price          Average Sales Price       Days on Market 3                        1,815                            $324,559                            $311,592                                 88   While the average sale is consistantly 3 bedrooms and close to 1,800 square feet.  The bi...
Comments 2
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
On January 27, from 9 a.m.to 12 noon and on January 28,from 1 to 3 p.m., Algonquin School will hold kindergarten registration. Registration is open to those children who will turn five by January 1, 2010 and are residents of Prospect. At this time you will register your child and pick up a packet of forms that should be filled out and returned during Kindergarten Screening. Proof of residency is required. The following information must be provided prior to the start of school: Mortgage statement or copy of deed showing ownership of property where child resides, or copy of signed lease or rental agreement for the property where child lives, or notarized statement from the owner of the property where the child is residing, listing all of the family members who are residing on the property...
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Unofficial results from both schools:   President               McCain      2,974         Obama          2,129   15th Senate           Hartley       3,422         Booker             648   3rd Congressional   DeLauro    3,013         Bo ItsHaky     1,441   89th House            Atkins        1,615         Nardello        3,023   Reg. of Voters      VanderEyk   2,273         Blinstrubas    2,180     Question 1            Yes -  2,327                No - 2,273   Question 2           Yes  -  2,625                No - 1,811    More to follow in the morning. 
Comments 1
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Below are the October 2008 sold homes for Prospect.  The number of sales is almost identical to the year prior.  from a year ago you can see people are still spending roughly the same amount ($289,900-$299,900) however, their dollar is going a lot further with the homes.  The average Sold price a square foot went from $185/sq foot in October 2007 to $160/sqft in October 2008.  This is a 14% slide. October 2008 Prospect Home Sale results. October 2007 Home Sales in Prospect Ct  results David J Jones Broker/REALTOR, e-ProSmedes Realty, llc37 waterbury RdProspect, Ct 06712203.758.0264 phone203.758.3065 faxwww.DaveJonesRealtor.com
Comments 2
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
  Prospect resident Kim Wadhams had a heart transplant at Yale-New Haven hospital on October 5th.  This just goes to show you why it is so important to be an organ donor.  Kim was on the Donor list for over two years!  Please also try to lend a hand with huge medical bill by attending Kim's pasta fundraiser.  It is November 7th at the Prospect Fire House.  Adult tickets are $10 and children under 10 years old pay just $5.  Any children under 3 eat free.  You can also buy an entire family pass for $25.  Tickets can be purchased at the Prospect Congregational Church, 758-4872 or at the firehouse door the day of the event!
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
    Well we are quickly approaching Election Day.  We will finally be able to get all these TV ads, mailers, and articles behind us and hopefully get on the road to getting our country straightened out!  Region 16 does not have school on election day, so plan accordingly.  For this election voting is held at the two schools in Prospect, Algonquin and Community.  Please visit http://www.vote411.org/pollingplacebystate.php to see which school you are at.  I was always told a good indicator is which side of Route 69 you live on.  If you are on the "Cheshire side" of Route 69 (i.e. Summit Road, Scott Road, etc) you vote at Community.  If you are on the "Naugatuck side" of Route 69 (i.e. Morris Road, Salem Road, Coachlight, etc) you vote at Algonquin. Double check at that website however.  ...
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Ziti Dinner to Benefit Kathy Sigetti Prospect resident Kathy Sigetti is a 34-year-old mom of two who has recently been diagnosed with Germ Cell Cancer.  A benefit ziti dinner has been organized in her honor to help defray the cost of medical bills while Kathy fights this courageous battle against cancer. The dinner is being held at the Portuguese Club, 110 Rubber Avenue, Naugatuck on Sunday, October 26 from 12 noon to 5 p.m. Donations are $15 per person and $7 for children 12 and under. For tickets, please contact Maureen Fortin at (203) 808-0105 or Michelle at (203) 729-7650.
Comments 2
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
This is from the Region 16 website tonight. October 7, 2008 referendum to approve the purchase of land to be used for future school building site. Results  Yes 1,428    No 786. It appears the purchase of land for the future Algonquin school has been approved.   Voters in Prospect and Beacon Falls approve $1.59 million land purchase Voters in the Region 16 towns of Prospect and Beacon Falls approved a $1.59 million land purchase Tuesday. The vote was 1,428 in favor and 752 opposed. The question passed in Prospect 1,158-451, but failed in Beacon Falls 301-270. The land, at 54 Talmadge Hill Road in Prospect, is commonly known as the paintball property. It has frontage on Route 69, and borders Caplan Park.
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
This is just a quick reminder for everyone to get out and vote on Tuesday Oct 6th for the land purchase.  All voting will take place at Community school for 6am to 8pm.  Regardless of your opinion, be counted, VOTE!     The below is from the Parent Power Website. October 7th, 2008 from 6am-8pm for the purpose of acquiring 47 acres on 54 Talmadge Hill Rd. in Prospect for a future building site.   Land Purchase Facts  •-        47 acres (Paintball property) •-        Cost = $33,829 per acre •-        Wetlands = 7 acres •-        Access to State road (RTE 69) •-        Access to water line •-        Both Mayor Bob and First Selectman Sue Cable support this purchase •-        Building project NOT impending, but clearly Algonquin School will be the building project that will be brought to bo...
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
   Here in Prospect we had 12 closings in the past month.  The numbers seem a little low, it is mainly due to the fact that three of the sales were Mobile Homes. It is VERY obvious however that people are buying smaller homes.     The most expensive house that sold this month in Prospect was $404,000 and was 2,830 square feet.  Last year at this exact time the High was $510,000 and 3,600 square feet.   September 2008 Prospect Ct Sold Property Report.       September 2007Prospect Ct Sold Property Report. David J Jones Broker/REALTOR, e-ProSmedes Realty, llc37 waterbury RdProspect, Ct 06712203.758.0264 phone203.758.3065 faxwww.DaveJonesRealtor.com
Comments 0
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
On a hot and Humid Tuesday on July 8th the Prospect Seniors had their annual picnic at the Prospect VFW.  The party was catered by the Prospect Dairy Bar.  They served, Potato and macaroni salad, Corn on the Cob, Baked Beans, Foot long hot dogs, hamburgers, watermelon, carrot cake and ice cream.  Senior Sounds the band played and a great time was had by all.  I even got to help cook the burgers and hotdogs.  I did have to leave a little early for a listing appointment however.  The Dairy Bar crew and me (in the hat) in the kitchen!          
Comments 2
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
The Real Estate market here in Prospect has felt the gas price/economy issues that much of the nation has been going through.  As you can see in the info below the average list price for a home in Prospect for the first half of 2007 was $339,149 with an average selling price of $327,869.  That is down  nearly 8.5% for the first half of 2008.  The average list price was $314,432 and the average sale price was $300,722.  The closed sales also decreased from 36 in the first half of 2007 to 28 in the first half of 2008.  This is a slip of 23%!  With these types of numbers it is easy to see why it is more important now than ever to price your home correctly, to limit the Days on Market (DOM) and maximize the sales price. 28 Closed/Sold Listings    between 1/1/2008 - 6/16/2008            Beds...
Comments 1
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Rainbow over Prospect. Well the freak storm last night at least produced one good thing, a great rainbow!  Here in Prospect we received 3" of Rain in 30 minutes.  The winds picked up and knocked down several trees causing some temporary road closures.  The Prospect Fire House was struck by lightning and lost their phone service and also power.   Mayor bob said the 911 service was never interrupted however.   This picture is from the Porch of the Prospect Dairy Bar Restaurant. This picture is from our Back Porch at our house.  
Comments 4