Prospect, CT Real Estate News

By Ed (Edward) Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What Makes Prospect CT A Fine Place to Call Home?The residents of Prospect CT enjoy a quality of life that is unique and different than the residents of surrounding towns.  While enjoying a simple non-commercial town, there are many pleasantries enjoyed that come to be enjoyed by neighboring town's residents. First, Prospect CT was established in 1827 and is located in the Northwest corner of New Haven county surrounded by Bethany, Waterbury, Cheshire, and Naugatuck. The town is 5 miles long and 4 miles wide with a population of approximately 9,959 as of the year 2020.The town has been recognized by Money magazine as one of the best small towns in the United states and has many residents proud to call Prospect "The Best Small Town in Connecticut.As a small town, the residents still find...
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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.
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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...
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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
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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...
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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
By Johnathan Dias, Realtor Naugatuck Valley Homes
(Re/Max Preferred Properties)
Finally! The home you've been looking for! $299,900 25 Juggernaut Rd, Prospect CT Features: 3 Bedrooms, 2 BathsAbove ground PoolCathedral CeilingsCrown MoldingFormal Dining RoomEat-in Kitchenwww.25juggernaut.com Remarks: This large 3 bedroom Ranch sits on over 1/3 acres of beautiful property. Enjoy large feasts with all your friends in the Formal Dining Room with crown molding, or have a quiet dinner with the family in your Eat-in Kitchen. The 350sqft Living Room, with Cathedral Ceilings and a skylight, is perfect for entertaining guests. This home also features 2 Full Bathrooms, and a Fully Finished Basement with a bar/lounge area. The Basement also includes a office, and a large, open family room. There is an above ground pool out back, and a babbling brook to enjoy. This home offers...
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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!  It is March 22nd, 2008 at 11am.  It will be on the Town Green, weather permiting.  The always divide 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.  It is always a GREAT time for all!David Jones, REALTOR®,e-Pro®Smedes Realty37 Waterbury Rd.Prospect,Ct 06712http://www.davejonesrealtor.com/203-758-0264 Office203-910...
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
There was a total of 28 new listings in Prospect since January 1, 2008.  These 28 listings average $308,992 and average 1814 square feet.  In comparison, From January 1, 2007 to February 15th, 2007 there were 34 new listings and the average listing price was $401,970.  These homes were 2,254 square feet.        Date                                    # of listings              List Price            __Square FootageJan 1 2007 - Mar 15 2007                34                          $401,970               2,254 Jan 1 2007 - Mar 15 2008                28                          $308,992               1,814 Now lets look at what these numbers mean for a moment.  While 2007 had several more listings, the average price was nearly $100,000 higher! that for an additional 440 square feet.  It s...
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Prospect, Ct Real Estate market saw 11 New listings for February 2008.  They averaged 1,925 Square feet and $328,543. 137 CHESHIRE RD,  $218,900 RANCH,  2 Bedroom 1 Bath 02/24/20086 SCOTT RD,  $219,900 RANCH,  3 Bedroom 3 Bath 02/14/2008    42 GREENWOOD DR $246,200 RANCH 2 Bedroom 1.5 Bath 02/22/200819 LEE ROAD,  $275,000 RANCH,  3 Bedroom 2 Bath 02/11/200899 SALEM RD,  $299,900 RAISE,  3 Bedroom 3 Bath 02/03/2008DOROTHY AVE,  $329,500 RANCH 4 Bedroom 2 Bath 02/25/200836 WOODCREST DR,  $329,900 RANCH, 3 bedroom 2 Bath 02/18/2008EVERGREEN  LANE,  $339,975 SPLIT, 3 Bedroom 2 Bath 02/18/20084 SKYLINE DRIVE,  $369,900 COL, 3 Bedroom 2.5 Bath 02/04/200855 MELISSA LN,  $484,900 COL, 3 Bedroom 2 Bath 02/04/200820 RACHEL ANN CT $499,900 COL, 4 Bedroom 2.5 Bath 02/03/2008 
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
 There was a total of 13 New Listings for January 2008 for Prospect.  They averaged 1,884 square feet, 3 bedrooms, and a list price od $317,154.  The listings were....170 SUMMIT RD,  $134,900 RANCH, 3 Bedroom 1 Bath 01/07/2008   14 OAK,  219,900 RANCH,  3 Bedroom 1 Bath 01/02/20088 WILKINS LN,  $222,000 RANCH,  3 Bedroom 1 Bath 01/05/20089 MORRIS ROAD,  $224,900 CAPE, 4 Bedroom 1 Bath 01/24/20085 NANCY MAE,  $278,900 RANCH,  3 Bedroom 1.5 Bath 01/07/2008   140 UNION CITY RD,  $289,900 CAPE,  3 Bedroom 1.5 Bath 01/12/2008141 PLANK RD,  $318,000 CAPE, 4 Bedroom 1.5 Bath 01/24/2008407 MATTHEW ST $335,000 CAPE 4 Bedroom 2 Bath 01/03/2008120 WATERBURY RD,  $349,900 CAPE,  3 Bedroom 1 Bath 01/06/2008128 SALEM RD, $379,900 COL 3 Bedroom 2.5 Bath 01/01/200811 NICHOLAS CT $419,900 COL,  4 Bedroo...
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
February too has come and gone and even thugh Valentine's has past the Real Estate market in Prospect, Ct still hasn't been very "Loving".  We had just One CLosing in Prospect this month.  It was 91 Coachlight Circle.  It Originally listed 6/18/07 at $384,900.  It sold 2/7/08 at $360,000.  It was a 3 Bedroom, 2.5 Bath Colonial built in 99'.  A nice house, and seemed like it sold at a great price.  It was on the market for a long time however.   We are now 1/6 of the way through the year and I am seeing some signs of life for the Spring Market. 
Comments 2
By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Well January has come and gone already and there were a total of Two (2) closed homes this month in Prospect Connecticut.  They were located at 4 Overlook Court and 54 Plank Road.  4 Overlook Court originally listed 10/31/07 at $434,900 and  closed 01/15/08 at just $377,000.  It was a 4 Bedroom, 2.5 bath Colonial.      54 Plank Road originally listed 11/12/07 at $449,900  and closed 01/15/08  at $415,000. It is a 4 bedroom 3 bath Colonial. That was it for January, both sold signifigantly below the origianl list but were not on the market very long.David Jones, REALTOR®,e-Pro®Smedes Realty37 Waterbury Rd.Prospect,Ct 06712http://www.davejonesrealtor.com/203-758-0264 Office203-910-2638 Cell
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
For my clients with small children.  I wanted to post quickly about the upcoming Kindergarten registration. Kindergarten registration for Algonquin School will be held on January 23 from 9 a.m. to 12 noon and on January 24 from 1 to 3 p.m. Registration is open to those children who will turn five by January 1, 2009 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 o...
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Region 16 Preschool LotteryA lot of my clients with younger children have asked about this program.  here is the info.  It is a GREAT program!  Good luck.Regional School District No. 16 is holding a Preschool Screening/Lottery for the '08-'09 school year, for Prospect/Beacon Falls children who will be turning four years of age by December 31, 2008. Screening is required to be eligible for the lottery and will take place on February 29 (snow date March 7). No make-up dates are available. For an appointment, call 758-6671 between 8:30 a.m. and 3:30 p.m. no later than February 15 and ask for Susan or Gina.David Jones, REALTOR®,e-Pro®Smedes Realty37 Waterbury Rd.Prospect,Ct 06712http://www.davejonesrealtor.com/203-758-0264 Office203-910-2638 Cell
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
In our town there is a new development for over 55 year olds. The entry level units are $295k and and are roughly 1500 square feet.  They also offer units that are just about 2,000 square feet and start at $359,000. They seem to be built very well but I was wondering if agents who have showed similar communities have noticed the same thing... Of the three clients I had that were interested in these units, they all came back to me and said the same thing.  These units have a dramatic Grand entrance with cathedral ceiling on the majority of the main level.  When people are "downsizing" and moving into a low maintenance environment like this most don't care to be heating and cooling super high ceilings.  The heating and electric bills would be outrageous. It was honestly the first thing my...
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
Well 2007 was a pretty busy year for property in Prospect.  There was a total of 80 closed 1 family homes from Jan 1st 2007 - Jan 1st 2008.  The average sale price was $324,599. This was still a slight decrease from 2006.  In 2006 there was a total of 91 closed 1 family homes.  The average sale price was $337,714.Properties currently on the market seem to be lingering a little bit but tis' the season.  We have to wait and see what the Spring market brings.
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By Dave Jones, Broker/Owner - e-PRO Dave Jones Realty llc Prospec
(Dave Jones Realty, llc.)
I am optimistic for  Successful 2008 Real Estate Market in Prospect, CT.  As of today January 12th there are only 53 active homes listed on our MLS.  There are also 5 that have deposits.  Since inventory is down it is a great time to list.  It is still very important to practice intelligent pricing since the average days on market of the other 53 listings is well over 3 months.  Another interesting thing is the average list price of a home in Prospect is $401,000.  The most active market in Prospect has consistently been the $275,000 - $325,000 segment.  As always it is possible to search the entire MLS for CT from our website. www.DaveJonesRealtor.com  We also added a direct MLS search registration page at www.searchAllCTListings.comDavid JonesSmedes Realty, LLC203-758-0264 
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