Trumbull CT Real Estate Market Report Week of August 13, 2012

TRUMBULL CT HOMES: Trumbull's real estate market is a HOT one right now!!  As of this morning, there are 211 homes that are actively on the market, however 50 of those homes are under the initial stage of deposit! The average market time is 95 days and these homes are listed at an average price of $447,436. The median list price in Trumbull is $427,436. The highest priced home in town is listed at $1,199,000 and the lowest priced home is available at $152,000.

This week, we saw ten new listings come on the market, and one home came back on the market after being under deposit. There were nine properties that had a price change. There were 17 properties that went under the initial deposit stage, which we call CTS, and nine 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 $398,311.

TOWNWIDE PENDINGS: There are 63 properties scheduled to close, and their average price is $354,971.

CLOSINGS: There were five properties that were reported as sold in this past week, The average list price was $403,840 and their average time on the market was 82 days. There were 54 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 26 condominiums that are available in Trumbull is $363,250. These homes have been listed an average of 113 days, and have an average price of $357,250. 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.  One condominium had a price change. In the last week, two condominiums went into CTS status, and no properties went into pending status.

TOWNWIDE PENDINGS: There are two properties scheduled to close, and are listed  on average at $339,450.

CLOSINGS: There were two closings reported in the last week, and those homes were listed on average at $412,450. 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 $2,875 per month. These homes have been on the market approximately 32 days. The median price for a rental is $2,814 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.

Buying or Selling a Home in Trumbull?  Contact us!

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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