It’s Time To Run Like A Mother, Ladies!

Hello all my fellow ladies! It’s that time of year again – time to dust off those running shoes (if you haven’t been using them throughout the rest of the year) and Run Like A Mother on Mother’s Day morning. I am so proud to have been a part of this event since it’s inception and I can’t believe how much it’s grown. Through the tireless work of founder – Megan Searfoss – this event is simply spectacular and is now hosted in numerous cities across the country. Once again, I’m looking forward to seeing you all at the Karla Murtaugh Motivation Station at both the start and finish lines, where your children and loved ones can make posters of encouragement for their Mom or friends participating in the race.

For those of you who are unfamiliar with the event, the mission of Run Like a Mother is to fuel a woman’s journey toward health and wellness, empower with education and training programs, inspire with communities, events and races, and enable through programs and partnerships.

Run Like A Mother strives to inspire women to incorporate running at every stage of their life. It is a community of women joined together by the power of running who share a desire to live healthy, balanced lives. Run Like A Mother offers support, motivation, inspiration and education. Through merchandising and a variety of communication touch points, the Run Like A Mother mission extends well beyond race day.

In Ridgefield – the original “Mother” route – the race starts at Yanity Gym and ends at Ballard Park on Main Street. It promises to be fast/flat with music at 3 locations. You’ll be cheered on as you cross the finish line and receive your finishers Mother’s Day Rose and a medal! Sign up here and come and join the fun!

Ridgefield Market Report For April 2015

April 2015 has seen an increase over last April in median sold price and properties that went under contract, but also an increase in average days on market and a decrease in closed sales. There are more properties for sale as well, along with fewer months supply of inventory.

MEDIAN SALES PRICE and CLOSED SALES
Last year, April’s median sold price was about $70,000 below the year-to-date price, but this year it is $110,000 above the year-to-date price, showing an increased sale of more expensive properties. The number of closed sales, however, decreased more than 20% this April compared to last April. The year-to-date sales are approximately the same, decreasing only by 2.9%.

PROPERTIES UNDER CONTRACT
The number of properties that went under contract in April 2015 is comparable to April 2014, only increasing by three this year. The year-to-date statistics are similar, decreasing this year by 4, a very modest change. April represented about 43% of total properties that opened escrow so far this year; last year April accounted for only approximately 38%.

DAYS ON MARKET and INVENTORY
April 2015 saw a significant increase in the average days on market compared to last year, increasing 47.7% (84 days). The year-to-date days on market remained approximately the same, seeing a small decrease of 2.7%. The months supply of inventory is lower this April, at 8.6 months this year compared to 9.9 months last year.

NEW PROPERTIES FOR SALE
There are slightly more new properties for sale this April, and a moderate amount more overall this year. There are 105 new listings this April compared to 103 last year, and 273 total this year compared to 263 total last year.

For a full graphical analysis of Ridgefield’s March 2015 real estate market, click here. You can also take advantage of my complimentary Comparative Market Analysis to find out what your home’s worth.

KMMReport April 2015