Trumbull CT Weekly Real Estate Market Report 4/12/11

TRUMBULL CT HOMES:  The median list price in Trumbull is $372,400. The market is continuing to  improve, although at a slower rate than Faifield or Norwalk. As of this morning, there are 180 homes actively on the market for  91 days and are listed at an average of $464,775. 15 new listings came on the market this week, including 1 home that came back on the market after being under deposit.  There were  9 properties that had a price change. 8 properties have gone under the initial deposit stage, which we call CTS, and 9 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 5 properties sold this past  week. The average list price was $305,520 and these homes were on the market an average of 118 days. There were 55 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $339,250. The  26 condominiums that are available have been  listed an average of 139 days, and have an average price of $367,130.  1 new listing came on the market this week, and no  Property had a price change. In the last week,  no property went into CTS status,  and 1 property went into pending status. CLOSINGS: No  properties closed in the last week . There were 3 status changes for the week.

If you are looking for a rent in town, there are  12 homes or apartments available, and they are listed at average price of $2,295 per month, and have been on the market approximately 58 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.

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