Easton CT Real Estate Weekly Real Estate Market Report 11/1/2011

EASTON CT HOMES: Inventory is somewhat stable after a jump a few weeks go at 94 homes that are actively on the market. They have been available for 123 days and are listed at an average price of $821,192. The median price in Easton is now $649,900. 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:exactly the same as last week at 12.82 months. The goal for a neutral market in Easton is about eight months.

No new listings came on the market  this week, and no homes came back on the market after being under deposit. Two properties had a price change. One property has gone under the initial deposit stage, and two homes went into  pending status, (which means that the conditions have been satisfied).They were listed on average at $379,950 and were on the market for 46 days

CLOSINGS: One property was reported as sold this past week, and it was listed at  $989,000. It was on the market for 124 days.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 $2,400 per month. There are eleven homes or apartments available, and they are listed at an average price of $3,075 per month, and have been on the market approximately 67 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.

If you have a question about buying or selling Real Estate in Easton, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :)   - Judy