Trumbull CT Real Estate Market Report Week of July 17, 2012
Tuesday, July 24, 2012 at 8:10PM TRUMBULL CT HOMES: As of this morning, there are 219 homes that are actively on the market. Their average market time is 92 days and they are listed at an average price of $421,081. The median list price in Trumbull is $344,900. 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 13 new listings come on the market, and no homes came back on the market after being under deposit. There were 13 properties that had a price change. There were 13 properties that went under the initial deposit stage, which we call CTS, and 13 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 $423,406.
TOWNWIDE PENDINGS: There are 63 properties scheduled to close, and their average price is $365,818.
CLOSINGS: There were eight properties that were reported as sold in this past week, The average list price was $382,200 and their average time on the market was 92 days. There were 73 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 97 days, and have an average price of $359,274. The highest priced condo in Trumbull is listed at $559,999. The lowest priced home is $99,900.
No new listings came on the market this week, and no homes came back on the market after being under deposit. No condominiums had a price change. In the last week, no condominiums went into CTS status, and two properties 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 $2,401 per month. These homes have been on the market approximately 35 days. The median price for a rental is $2,175 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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