PROSPECT CT REAL ESTATE MARKET REPORT - NOVEMBER 2010 Active Listings 58 New Listings 0 Average List Price $318,243 Median List Price $299,450 Average Sq. Ft. 2084 Median Sq. Ft. 1968 There are 58 Prospect CT homes for sale, with an average listing price of $318,243, and 168 days on market, ranging from an 1056 sq. ft. 2 bedroom mobile home being offered for $34,900 to a 5305 sq. ft. 4 bedroom colonial being offered for $669,900. 11 of the Prospect CT homes for sale were just listed in the month of October, with an average listing price of $292,218. Here's a breakdown of the Prospect CT homes for sale prices: List Price Houses % < 200,000 10 17 200,001-250,000 6 10 250,001-300,000 14 24 300,001-350,000 5 9 350,001-400,000 12 21 400,001-450,000 6 10 450,001-500,000 1 2 >500,001 4 7     ... 11/24/2010

  Prospect CT is primarily a town of single family residences. The are just 2 condo developments in town, the smaller of which is Boulder Brook Condos on Union City Rd, (Rt 68). Built in 2005, Boulder Brook has just 35 units, all offering spacious 1590 sq ft, 2 bedroom homes. The basic include first floor master bedroom suites with plenty of closet space. All models have second floor landings with sitting areas and another full bedroom suite for guests or adult family members. Full garages with storage areas, gas heat pump furnaces with central air offer efficient year round temperature control. Large kitchens with formal dining areas make these luxurious and comfortable.           Boulder Brook offers a private meeting room for large parties, with kitchen services.         All units h... 11/22/2010

Prospect  Ct Revaluation  Announced for 2011 As required by State law, the Town of Prospect Ct is commencing the process of revaluing all properties in town. The most recent revaluation was completed for the October 2005 Grand List. The contractor that will be undertaking the task, is eQuality Valuation Services, who currently maintain the online property statistics for Prospect Ct and many other towns in the area. An important part f the valuation process involves measuring the outside of the properties and listing the interior of each improved parcel. A Data Collector will visit the properties. Each Data Collector will carry identification and the original letter of introduction. In addition, each collector will have their cars registered with the Prospect Police Department. After mak... 11/15/2010

October 2010 Real Estate Sales Report for Prospect CT  Currently in Prospect CT there are 61 active residential listings for sale, which is 4 more than the number of listings in September. They range from a small 1,056 square ft, 3 bedroom mobile home, listed at $34,900 to a 5300 square ft, 4 bedroom colonial with 18x36 pool listed at $669,000 The average list price of the homes currently available for sale in Prospect CT is $318,000. The average days on market for these homes is 164 days. In addition, there are currently 7 homes under contract in Prospect CT , with one having gone under contract in the month of October. The average list price for these homes is $269,000 with an average days on market of 58 days.   For the month of October, there were 11 new homes listed for sale in Pro... 11/03/2010

It's Halloween and parents want to make sure their children, of any age are safe. Younger children will probably be out with a parent, who will have some type of flashlight, and may well have placed reflective strips into their kids costumes. Kids should be out with other kids of their own age along with a responsible designated trick or treater. For the older kids, it's time to be attentive to the parties that the kids will be going to this weekend. Younger teens in the company of older peers will be tempted to get into some trouble. Not all of the beverages or cider that will be served is non alcoholic or of the innocent variety, so parents should be on the alert. Make sure the parties will be chaperoned and that the chaperones are responsible. Kids will be kids, but at a young age te... 10/31/2010

Craig Rutman recently wrote a blog about Carving a Pumpkin, Realtor style. Missing from his post was the critical selection process of picking a pumpkin and then the carving. With this in mind, we went through the full process, this past Sunday with grandson Raphael in charge We went over to the Pumpkin Patch in the parking lot of St Anthony's Church here in Prospect Ct. There was a wide selection to pick from and it's for a good cause, to fund Mission Hope, which helps the needy people here in Prospect who have fallen on hard times. Of course with the proper selection, mom has to help a little with here suggestions as well. Not too small, not too large, a nice round surface and easy to pick up.       This is not something to be taken lightly, after all this is our first time at this an... 10/26/2010

PROSPECT, CT REAL ESTATE MARKET REPORT OCTOBER 2010 Active Listings 56 New Listings 0 Average List Price $323,591 Median List Price $304,000 Average Sq. Ft. 2117 Median Sq. Ft. 2000 There are 56 Prospect, CT homes for sale , with an average listing price of $323,591, and 174 days on market, ranging from an 1056 sq. ft. 2 bedroom mobile home being offered for $34,900 to a 5305 sq. ft. 4 bedroom colonial being offered for $669,900. 8 of the Prospect, CT homes for sale were just listed in the month of September, with an average listing price of $267,438. Here's a breakdown of the Prospect, CT homes for sale prices: List Price Houses % < 200,000 8 14 200,001-250,000 7 12.5 250,001-300,000 13 23 300,001-350,000 6 11 350,001-400,000 10 18 400,001-450,000 7 12.5 450,001-500,000 1 2 >500,001 4... 10/24/2010

October 23 was the date for the Prospect Ct Pumpkin Festival. This year the festivities were expanded and the change in venue led to an enthusiastic crowd and much larger display of contestants.     All the entries were judged according to the grade levels of the owners, which made for not only more winners but fiercer competition. There were well over 350 entries set out over 18 bleachers around the town green. Judging would have been fierce.   Set up on a corner of the green was a hay maze for the younger kids. I chose not to enter for fear of getting lost, maybe next year.           As you can see, some of the entries were quite creative, and it was sure to be a fun time for everyone that entered. The 2010 Prospect Ct Pumpkin Festival was a fun experience. Many of the kids are probab... 10/24/2010

It's time for the annual Pumpkin Festival on the town green, here in Prospect Ct. As in the past the intersection of Rts 68 & 69 will be abuzz with the festivities. Local vendors and restaurants will set up their booths offering their specialty foods through the evening.       Concurrent with the Pumpkin Sale at St Anthony's Church across the street, this years festivities will be better than ever. Schedule of Events: 4:00 to 5:00 Entertainment by T-Bone 5:00 to 6:30 pm Fran Credo 5:30 PM Costume & Vehicle Parade featuring drum corps from Prospect and neighboring towns, such as Waterbury Police Dept Pipes & Drums, Mattatuck Drum Band, Oakville-Watertown DrumCorps, Windsor Ct Fife & Drum The fun and festivities will g on through the evening with a display of Antique Tractors, a Hay Maze... 10/22/2010

Third Quarter Real Estate Market Update for Prospect Ct The Real Estate market activity for Prospect Ct has made an adjustment from the previous year and also a fall back from the activity of the first 6 months of the year. For the first 6 months of 2010, the market sales or absorption rate was slightly more than 6 sales per month, with an average sales value of $282,900 and average days on market of 109. For the months of July, August and September, the absorption rate was 6 sales per month with an average sales price of $299,700 and average days on market of 98 days. By comparison, for calendar year 2009, the absorption rate was just over 6 sales per month, with an average sales price of $267,550 and average days on market of 86. There are currently 60 residential properties for sale ... 10/21/2010

The name of the game in real estate is and always has been location, location, location. This I am finding out also applies to mother nature as well. As I looked out to the street this morning, I was pleasantly surprised to see how little work I need to do on the lawn so far this fall. The winds seem to blow in just the right direction on our street. My neighbors across the street can't say the same. There will be a justice, however, as I have oak trees through the back yard, and they hold their leaves for a long time. At least for now, I can focus on other things.   FORE!!   10/19/2010

In a corner of our yard still blooms a bit of color and not on the trees. There are a row of dwarf rose bushes, Meiderlander roses. They usually bloom through the summer and come in a variety of colors. Every fall there's at least one bush that must draw the short straw and blooms late, but definitely blooms proud. We've already had a hard frost, but this bloom just insists on staying around a bit longer. It may well be a contest between the rose and the mums. Either way we have the colors to enjoy.         10/16/2010

With the leaves starting to change, it's time to put some consideration to getting the summer home ready for winter. As this valuable property will not be used for some time, necessary precautions should be taken so that when it's time to use it in the spring, it provides as much joy as it did the previous season. First is the water system. All lines in the house should definitely be drained at it's lowest point. If needed, be prepared to use an air compressor to get this done. Nobody wants to come back to the house in the spring to find that pipes froze and created significant damage. Drains that don't allow for full vacate, should be protected with RV anti-freeze. This is a safe, biodegradable solution that will not harm the waste or septic systems when the house is opened again in t... 10/14/2010

October 12 is the day I recognize as being the celebration of Columbus Day, going back to Miss DiPietro's class in second grade. It was taught to me almost as a song: In fourteen hundred ninety-twoColumbus sailed the ocean blue.He had three ships and left from Spain;He sailed through sunshine, wind and rain.He sailed by night; he sailed by day;He used the stars to find his way.A compass also helped him knowHow to find the way to go.Ninety sailors were on board;Some men worked while others snored.Then the workers went to sleep;And others watched the ocean deep.Day after day they looked for land;They dreamed of trees and rocks and sand.October 12 their dream came true,You never saw a happier crew!"Indians!  Indians!"  Columbus cried;His heart was filled with joyful pride.But "India" the l... 10/12/2010

St Anthony's Pumpkin Patch, Prospect Ct The Pumpkin Patch in the parking lot of St Anthony's Church in Prospect Ct opened today, and will be open until Oct 31, Daily from 10:00 AM to 6:00 PM The Pumpkin Patch is a new ministry called Hope, created by St Anthony's Church to assist any Prospect resident, regardless of religious affiliation. The purpose of the Hope ministry is to provide financial, educational, practical and spiritual guidance to help people in need. In addition to the pumpkin sales, there will also be:     Hayrides A Bounce House Obstacle Course Crafts Games Face Painting Storytime Food and beverages   All proceeds from the Pumpkin Patch are donated directly to the Hope ministry. The pumpkins are supplied by a non-profit organization based in New Mexico, which provides em... 10/09/2010

September 2010 Real Estate Sales Report for Prospect Ct Currently in Prospect Ct there are 57 active residential listings for sale, which is 5 less than the number of listings in August. They range from a small 1,056 square ft, 3 bedroom mobile home, listed at $34,900 to a 5300 square ft, 4 bedroom colonial with 18x36 pool listed at $669,000. The average list price of the homes currently available for sale in Prospect Ct is $325,456. The average days on market for these homes is 171 days. In addition, there are currently 6 homes under contract in Prospect Ct , none of which went under contract in the month of September. The average list price for these homes is $260,400 with an average days on market of 75 days.    For the month of September, there were 9 new homes listed for sale in Pr... 10/04/2010

It was a memorable challenge and exceptional competition, with everything one could ask for and maybe a bit extra. Rain that just wouldn't go away, the best players in the world, competing head to head with Nationalistic pride on the line. All the weather problems had matches being carried on into the dark, and then to the next day. What should have been a 3 day event turned into 4. In the end, it was the flat stick that broke the back of the US Team, putters failed, and to anyone that has ever played the game, when the putter fails, there's a strain placed on every other club. For the US Team, it was apparent. Tiger Woods typifies this as his flat stick started working early and had him challenging the course. Something that he's lacked all year. So too did this display itself with th... 10/04/2010

As real estate agents we understand the necessity of respecting zoning in order to preserve the values of homes, and also to prevent homeowners from creating a burden on the resources available on a given plot of land. This is more critical where homes are serviced by wells and septic systems. Also being a real estate agent, with a reasonably good sized property, I need to make sure that I do not get unwanted squatters trying to move in and take over a portion of my property. Last year I noticed that a bird had created a home in one of the light posts that line my driveway. I dropped some anti deer treatment into the house and thought that I had rid my self of these squatters. Unfortunately, as I came into my driveway today, I heard knocking very close to the house. As I looked about, I... 10/03/2010

It's officially Fall and the pool at this facility was officially closed for the season. The residents had a great time this summer and nobody was hurt, or thrown into the deep end of the pool. The lifeguards were ever vigilant and their skills were never called upon. While there might be a few warm days left, the upkeep required to maintain would have been excessive and unjustified for a few hours of pleasure. So we say good bye for now, and see you again next spring.   09/26/2010

Congratulations to the new buyer (and of course our Seller)!  The home was priced right, and showed great.  It was on the market 12 days and closed Friday for $298,500. It is a 4 Bedroom, 3 Full bath Colonial with many ugrades.     Pour a glass of lemonade and relax on the beautiful front porch of this quality built home with many upgrades.  Desirable cul-d-sac location, C/A, crown molding, chair rail, irrigation systems, patio and deck. Truly a must see home.Great Commuter local.     09/26/2010