click-to-call from the web

Call   Toll   Free           (855) GET-JUDY

  

  Mobile /  SMS        

(203)  257 - 5892 

 

Search This Site

Real Estate Agents Directory - Find Homes for Sale 

RealEstateBe st.com 

 Add to Technorati Favorites

Top Real Estate blogs

Find the best blogs at Blogs.com.

The CT Realty Blog - Blogged Real Estate Blogs ReadABlog.com Blog Search Engine   Blog Directory & Search engine    Real Estate Blog DirectoryBusiness Directory for Fairfield, Connecticut Blog Directory Blogs lists and reviews

 

 

 

 

 

« Trumbull CT Housing and Real Estate Market Report Week of 6/23/14 | Main | Trumbull CT Housing and Real Estate Market Report Week of 3/10/14 »
Monday
May052014

Trumbull CT Housing and Real Estate Market Report Week of 4/28/14

EXTREME BUYER/SELLER ACTION ALERT- Deposit ratios continue to be out of sight, and Trumbull's market is HOT!

Inventory is increasing, but not fast enough- and as of this morning, there are 139 homes that are actively on the market. The average market time is 87 days,  and their *cumulative market time is 126 days, and that has decreased by over 30 days! These available properties are listed at an average price of $479,089. The median list price in Trumbull is currently  $439,900. The highest priced home in town is listed at $1,149,900 and the lowest priced home is available at $165,000.

This week, we saw 22 new listings come on the market, and one home come back on the market after being under deposit. There were 14 properties that had a price change. There were 12 properties that went under the initial deposit stage, which we call CTS, and 10 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 $418,840.

TOWNWIDE DEPOSITS:  There are 38 properties townwide in the initial stage of deposit (which we call CTS) and an additional 45 properties that are scheduled to close, and their average price is $452,446.

CLOSINGS:  There were 11 properties that were reported as sold in this past week, The average list price was $415,636 and their average time on the market was just 67 days. There were 73 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 12 condominiums that are available in Trumbull is $380,000. These homes have been listed an average of 75 days,  with an average cumulative market time of 89 days, and have an average price of $378,958. The highest priced condo in Trumbull is listed at $569,900. The lowest priced home is $265,000.

There was minimal condominium activity this week- one new listing, two homes came back on the market,  and one property had a price change. No home went into CTS status  and one home went into pending status.   There were eight status changes reported.

TOWNWIDE DEPOSITS: There are four properties currently under CTS status, and three properties scheduled to close.


CLOSINGS: There were no closings reported in the last week.

RENTALS: If you are looking for a rent in town, there are eight homes or apartments available, and they are listed at an  average price of $2,203 per month. These homes have been on the market approximately 47 days. The median price for a rental is $1,938 per month.

*Cumulative market time indicates the TOTAL  market time when a home has been listed more than once in short succession.

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.

 

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Thinking of selling your home in Trumbull?

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

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>