Redding Real Estate Market Update through May 2010

May Property sales were 10, up 150.0% from 4 in May of 2009 and 66.7% higher than the 6 sales last
month. May 2010 sales were at their highest level compared to May of 2009 and 2008. May YTD sales
of 26 are running 62.5% ahead of last year’s year-to-date sales of 16.

The Median Sales Price in May was $638,000, up 50.2% from $424,875 in May of 2009 and up 4.6%
from $610,000 last month. The Average Sales Price in May was $628,750, up 48.2% from $424,313 in
May of 2009 and up 2.1% from $615,833 last month. May 2010 ASP was at a mid range compared to May
of 2009 and 2008.

Market Action Report – City_ Redding – May2010

Gail Lilley Zawacki, Realtor
Coldwell Banker Real Estate
472 Riverside Avenue
Westport, CT 06880
203-856-9949
Gail@SouthernCT.com