Weekly Trumbull CT Real Estate Market Update 2/15/11

TRUMBULL CT HOMES: There are currently 157 homes on the market for an average of 457,128  that have been on the market an average of 116 days. There were 8  new listings and no homes came back on the market after being under deposit. 9 Properties had a price change. In the last week,  4 properties have gone under deposit, which is what we call CTS. This means that the property just took a binder, but all the contingencies have not yet been met. 4 properties went into Pending status, which generally means that the all conditions have been satisfied. That's a significant increase from last week, and the Trumbull real estate Market needs some good news right now. The  1 property that closed in the last week was listed  at  307,000 and was  on the market for  80 days. There were 29 status changes.

TRUMBULL CT CONDOS: There are currently 26  condominiums on the market listed at an average price  of 369,411 that have been on the market an average of 143 days. There were 2 new listings and no properties  came back on the market after being under deposit. 1 Property had a price change. In the last week,  no properties  went into CTS status,  and no properties went into pending status. No properties  closed in the last week. There was a total of 3 status changes.

There are currently 14 rental opportunities in Trumbull at an average price of 2259 per month.