Trumbull CT Real Estate Market Report Week of July 10, 2012
Wednesday, July 18, 2012 at 11:59AM TRUMBULL CT HOMES: As of this morning, there are 228 homes that are actively on the market. Their average market time is 92 days and they are listed at an average price of $420,750. The median list price in Trumbull is $347,400. The highest priced home in town is listed at $1,050,000 and the lowest priced home is available at $140,000.
This week, we saw eight new listings come on the market, and no home come back on the market after being under deposit. There were 10 properties that had a price change. There were five properties that went under the initial deposit stage, which we call CTS, and 11 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average list price was $326,490.
TOWNWIDE PENDINGS: There are 59 properties scheduled to close, and their average price is $356,490.
CLOSINGS: There were seven properties that were reported as sold in this past week, The average list price was $367,771 and their average time on the market was 87 days. There were 48 status changes in the last week.
TRUMBULL CT CONDOS: The median price of the 27 condominiums that are available in Trumbull is $314,700. These homes have been listed an average of 93 days, and have an average price of $355,974. The highest priced condo in Trumbull is listed at $559,999. The lowest priced home is $99,900.
Two new listings came on the market this week, and no homes came back on the market after being under deposit. Two condominiums had a price change. In the last week, no condominiums went into CTS status, and one property went into pending status.
TOWNWIDE PENDINGS: There are three properties scheduled to close, and are listed on average at $311,966.
CLOSINGS: There were no closings reported in the last week. There were five status changes.
RENTALS: If you are looking for a rent in town, there are 18 homes or apartments available, and they are listed at an average price of $2,380 per month. These homes have been on the market approximately 29 days. The median price for a rental is $2,150 per month.
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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If you have a question about buying or selling Real Estate in Trumbull, 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
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