Comments for Connecticut Shoreline Real Estate http://harriet2.wordpress.com What's new in real estate in Madison, Guilford and other Connecticut Shoreline towns Wed, 23 Jan 2008 17:48:58 +0000 http://wordpress.com/ hourly 1 Comment on Oh Goody! Revaluation Notices Are in the Mailbox! by Harriet Gowanlock http://harriet2.wordpress.com/2007/10/28/oh-goody-revaluation-notices-are-in-the-mailbox/#comment-49 Harriet Gowanlock Wed, 23 Jan 2008 17:48:58 +0000 http://harriet2.wordpress.com/2007/10/28/oh-goody-revaluation-notices-are-in-the-mailbox/#comment-49 Hi Simon. I do have some data from the MLS I can share. Keep in mind that, while most sales occur through the MLS, there are some private sales that don't. Some data I have goes back only to 2004. Everything below pertains only to single family residential (not condos or multifamily) in Madison: Median Sale Price 2004 $472,500 2005 $525,000 2006 $549,950 2007 $542,500 Average Sale Price 2002 $453,226 2003 $501,215 2004 $606,430 2005 $653,649 2006 $702,954 2007 $680,195 Average Sale Price per Square Foot (remember: this is skewed by varying lot values) 2002 $187 2003 $253 2004 $244 2005 $279 2006 $265 2007 $265 The bottom line on values is that they have generally increased significantly over the past 5 years, but value is highly specific to each parcel. In a town like Madison, where some property, for example, along Long Island Sound is extremely valuable, and other property, say, along busy streets, is much less so, averages and even median information can only take you so far in applying those to your own situation. I hope this is helpful as a general idea. If you want more specifics relating to your neighborhood, please contact me. Hi Simon. I do have some data from the MLS I can share. Keep in mind that, while most sales occur through the MLS, there are some private sales that don’t. Some data I have goes back only to 2004. Everything below pertains only to single family residential (not condos or multifamily) in Madison:

Median Sale Price
2004 $472,500
2005 $525,000
2006 $549,950
2007 $542,500

Average Sale Price
2002 $453,226
2003 $501,215
2004 $606,430
2005 $653,649
2006 $702,954
2007 $680,195

Average Sale Price per Square Foot (remember: this is skewed by varying lot values)
2002 $187
2003 $253
2004 $244
2005 $279
2006 $265
2007 $265

The bottom line on values is that they have generally increased significantly over the past 5 years, but value is highly specific to each parcel. In a town like Madison, where some property, for example, along Long Island Sound is extremely valuable, and other property, say, along busy streets, is much less so, averages and even median information can only take you so far in applying those to your own situation. I hope this is helpful as a general idea. If you want more specifics relating to your neighborhood, please contact me.

]]> Comment on Oh Goody! Revaluation Notices Are in the Mailbox! by Simon Garner http://harriet2.wordpress.com/2007/10/28/oh-goody-revaluation-notices-are-in-the-mailbox/#comment-48 Simon Garner Sat, 19 Jan 2008 14:32:35 +0000 http://harriet2.wordpress.com/2007/10/28/oh-goody-revaluation-notices-are-in-the-mailbox/#comment-48 Do you have any data on actual market price changes of property in Madison, over the last few years? How has the median price changed? Mean price change? Price per square foot change? What is the selling price today of the same or similar home in 2002? I would be interested in seeing any data, or advice as to where I can obtain such data. Thanks. Simon Garner Do you have any data on actual market price changes of property in Madison, over the last few years?
How has the median price changed?
Mean price change?
Price per square foot change?
What is the selling price today of the same or similar home in 2002?
I would be interested in seeing any data, or advice as to where I can obtain such data. Thanks.

Simon Garner

]]> Comment on What Some Agents Don’t Tell Home Sellers About Commission Sharing by Ed McCaffrey http://harriet2.wordpress.com/2008/01/10/what-some-agents-dont-tell-home-sellers-about-commission-sharing/#comment-41 Ed McCaffrey Tue, 15 Jan 2008 01:39:17 +0000 http://harriet2.wordpress.com/2008/01/10/what-some-agents-dont-tell-home-sellers-about-commission-sharing/#comment-41 Harriet - I agree that it's a good idea to let sellers know how the commission is split between agents. If sellers agree to an uneven commission split with more to the listing agent, there could be a problem for sure. The typical 50/50 split seems the fair way to go. Harriet – I agree that it’s a good idea to let sellers know how the commission is split between agents. If sellers agree to an uneven commission split with more to the listing agent, there could be a problem for sure. The typical 50/50 split seems the fair way to go.

]]> Comment on Not too early . . . for flu shots by Harriet Gowanlock http://harriet2.wordpress.com/2007/10/19/not-too-early-for-flu-shots/#comment-6 Harriet Gowanlock Fri, 26 Oct 2007 13:15:25 +0000 http://harriet2.wordpress.com/2007/10/19/not-too-early-for-flu-shots/#comment-6 You have to decide that for yourself. I'm certainly no medical expert. Public health professionals recommend the flu shots based upon the risk/benefit analysis they perform on available data, which persuades me to follow their advice, but each person has to decide for him or herself. You have to decide that for yourself. I’m certainly no medical expert. Public health professionals recommend the flu shots based upon the risk/benefit analysis they perform on available data, which persuades me to follow their advice, but each person has to decide for him or herself.

]]> Comment on Not too early . . . for flu shots by jrsk http://harriet2.wordpress.com/2007/10/19/not-too-early-for-flu-shots/#comment-5 jrsk Fri, 26 Oct 2007 10:11:47 +0000 http://harriet2.wordpress.com/2007/10/19/not-too-early-for-flu-shots/#comment-5 yesterday on CTV it was brought to my attention that the "Flu vaccine " did not appear to contain the exact strains that are errupting this year. this is not the first time this has happened. So why get the thing and maybe cause immune systems to malfunction by getting them year after year??? yesterday on CTV it was brought to my attention that the “Flu vaccine ” did not appear to contain the exact strains that are errupting this year. this is not the first time this has happened. So why get the thing and maybe cause immune systems to malfunction by getting them year after year???

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