Trumbull CT Real Estate Weekly Market report 4/19/11

TRUMBULL CT HOMES: The median list price in Trumbull is $374,900. The market is continuing to improve, and this past week is the best that Trumbull has seen for quite a while. As of this morning, there are 198 homes actively on the market for 86 days and are listed at an average of $470,016. 16 new listings came on the market this week, including no homes that came back on the market after being under deposit. There were 11 properties that had a price change. 18 properties have gone under the initial deposit stage, which we call CTS, and 5 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 $434,340 and these homes were on the market an average of 84 days. There were 64 status changes in the last week.
TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $339,900. The 29 condominiums that are available have been listed an average of 119 days, and have an average price of $378,472. 4 new listings came on the market this week, and no Property had a price change. In the last week, no property went into CTS status, and 2 properties went into pending status. CLOSINGS: No properties closed in the last week . There were 7 status changes for the week.
If you are looking for a rent in town, there are 13 homes or apartments available, and they are listed at average price of $2,334 per month, and have been on the market approximately 57 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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