Easton CT - Weekly Real Estate Market Statistics Report - October 11, 2011

EASTON CT HOMES: As of this morning, there are  92 homes actively on the market for 121 days and are listed at an average price of $821,306. The median price in Easton  is doing a little "see-saw", thag is- up one week, down the next. Last week we were down by more than $30,000- this week we are back up another $15,000 to  $656,950. The highest available listed home price is $2,398,000 and the lowest price is $294,900.

SINGLE FAMILY HOME INVENTORY based upon the current absorption rate: 14.05 months, and up again over one month from last weeks reporting. The goal for a neutral market in Easton is about eight months.

Three new listings came on the market  this week, and no homes came back on the market after being under deposit, and one property had a price change. One property has  gone under the initial deposit stage, and one home went into  pending status, (which means that the conditions have been satisfied).


CLOSINGS: No properties were reported as sold this past week. There were eight status changes in the last week.

EASTON CT CONDOS: There are no condominiums in Easton.

RENTALS: If you are looking for a rent in town, the median price is $2,425 per month. There are nine homes or apartments available, and they are listed at an average price of $3,138 per month, and have been on the market approximately 59 days.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.