Colchester, CT 06415

This chart displays the trend in median sales prices for the area in which you are interested. If the property you are evaluating falls far above or below the median value, this could indicate that it will not appreciate as quickly or will require substantial renovation. You can also see how quickly home prices are rising or falling in your area of interest.

This chart compares the price trend and sales volume for homes similar in the area you are evaluating – like a stock market chart. Home prices typically follow sales volume, with a time lag, since sales activity is the driver behind price movements. When you see an increase in sales volume, you can expect a price increase to follow.

This chart shows the distribution of the population by age range — from 20 to 80-plus — within a neighborhood.

This chart shows the age distribution of children in an area. Parents buying homes may want to know whether their children will have playmates in their neighborhood.

This chart compares the price trend and sales volume for homes similar in the area you are evaluating – like a stock market chart. Home prices typically follow sales volume, with a time lag, since sales activity is the driver behind price movements. When you see an increase in sales volume, you can expect a price increase to follow.

In general, sale prices are directly related to the size of a property in terms of house size or lot size – this is why homes in the same neighborhood may have widely differing values. Looking at homes on the basis of a price per square foot of living area will usually reveal a more consistent pattern. This chart compares the price per square foot of living area for homes in the area you are evaluating.

This chart shows the distribution of homes sold in an area over the last 6 months within different price ranges. The most active segments of the market are those for which the columns are longest. A high volume of activity in your price range can indicate a seller’s market for your price point. Low volume can indicate that there are few homes for sale in your price range, or that it’s a good time to buy.

This chart shows the distribution of homes sold in an area over the last six months within different ranges of price per square foot. The most active segments of the market are those for which the columns are longest. Generally speaking, it’s better if the property you are evaluating is in one of the more active segments.

This chart shows the distribution of homes sold in an area over the last six months within different ranges of living area size. The most active segments of the market are those for which the columns are longest. Generally speaking, it’s better if the property you are evaluating is in one of the more active segments.

This chart shows the number of homes sold, according to age, in a neighborhood over the last 6-12 months.

This chart shows the percentage of homes sold, according to number of bedrooms, in a neighborhood over the last 6-12 months.

This chart shows the distribution of the population by age range — from 20 to 80-plus — within a neighborhood.

This chart shows the age distribution of children in an area. Parents buying homes may want to know whether their children will have playmates in their neighborhood.

This chart shows the distribution of population by marital status — divorced, married, single or widowed — within a neighborhood.

This chart shows the distribution of households with children, by marital status, within a neighborhood.

This chart shows the racial and ethnic population, according to U.S. Census Bureau statistics, within a neighborhood. The values may total more than 100 percent because it is possible to select multiple designations.

This chart shows categories of employment, by percentage of population, within a neighborhood.

This chart shows household income levels, by percentage of population, within a neighborhood.

Voter registration patterns within this area.

This chart shows the relationship between employment numbers and home prices within a neighborhood. Employment is a good measure of the strength of the local economy. Generally speaking, the better the job market, the better the chances of rising home prices.

This chart shows the unemployment trend within a neighborhood. The unemployment rate is an important driver behind the housing market. Low and declining unemployment characterize a strong economy.

This chart shows building permits for single- and multi-family homes issued within a neighborhood. Issued permits are a good indicator of future construction and an important signal of how homebuilders see housing market strength in the area.

This chart shows rental-unit trends within a neighborhood. Rental-unit vacancy can be a good indicator of affordability. Increasing rental vacancies tend to indicate the relative affordability of purchasing over renting.

The farther the trend line is located from the center line, the stronger the “buyer’s” or “seller’s” market is.

This chart shows types of transportation used in a neighborhood.

This chart shows average temperatures in a neighborhood.

This chart shows average commute times to work, in minutes, by percentage of population within a neighborhood. Commute times can be a key factor in evaluating work/life balance.