2011 Year End Estate Trumbull CT Market Stats are in!

2011's final real estate sales figures are here, and we have compiled the Market History for Trumbull Connecticut with seven years of annual statistics dating back to 2005. Quick recap by year includes number of sales, average sales price and sales to list price ratio.

Initial numbers show 2011's average sales price at $389,422 while 2010 average sales price was at $406,971 which is about a  four percent drop in value. That may be true overall, however some segments of the market took a bigger hit than that, while others gained ground.

It is VERY important to note that when you look at year over year figures, amount of sales, and average sales prices, that it does not necessarily mean that prices have fallen significantly.  Trumbull had a very slow start in sales this year, which hurt its overall performance. Considering that very slow start, it's almost a wonder that we finished off the year just sixteen sales shy of 2010's annual figures. That is impressive!

Although it may look initially that prices have fallen in some segments of the market, other markets within Trumbull appear to have gained some ground. There are certain adjustments that will need to be made, and pricing anomalies that have to be addressed before any percentage of gain or loss is calculated. Certain sales can skew statistics out of probable proportion, and have to be looked at and analyzed quite closely before a true overview and forecast can be given.  What I am saying is don't get too excited just yet.

Click to view Trumbull CT 7 year Real Estate  Recap and Reports

PRICE RANGE RECAP: statistics for single family homes with sales data sorted by incremental price ranges and this report includes market time, median, high and low sales prices, plus total dollar volume in sales.

BEDROOM COUNT RECAP: Sales statistics for single family homes and rentals sorted by bedroom count. This report includes number of sales, average sale prices, sale to list price ratio, and multi family home sales are included for your convenience.

Remember, these are raw statistics at this point, and need expert interpretation before you can start celebrating the market change, or remain conservative. We will be posting  our opinions on the Trumbull market within the next few weeks, so stay tuned.

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

Trumbull CT Real Estate Market Weekly Update December 27, 2011

TRUMBULL CT HOMES: As of this morning, there are only 175 homes that are  actively on the market. Their average market time is 117 days and they are listed at an average price of $434,790. The median list price in Trumbull is $357,200. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $169,500.

This week, we saw one new listing come on the market. No homes came back on the market after being under deposit. There were two properties that had a price change. There were three properties that went under the initial deposit stage, which we call CTS, and twelve 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 $399,517 and their average market time was 106 days.

TOWNWIDE PENDINGS: There are 35 properties scheduled to close, and their average price is $397,202.

CLOSINGS:  There were four properties that were reported as sold in this past week, The average list price was $464,150 and their average time on the market was 87 days. There were 28 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 24 condominiums that are available in Trumbull is $307,000. These homes  have been  listed an average of 145 days, and have an average price of $372,639. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

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, one condominium  went into CTS status, and no properties went into pending status.

TOWNWIDE PENDINGS: There are no properties scheduled to close.

CLOSINGS: There were no closings reported in the last week. Ther was one status change.

RENTALS: If you are looking for a rent in town, there are 20 homes or apartments available, and they are listed at average price of $2,317 per month. These homes have been on the market approximately 69 days. The median price for a rental is $2,075 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.

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

Trumbull CT Real Estate Market Weekly Update December 20, 2011

TRUMBULL CT HOMES: WE haven't seen the Trumbull market this good in a few years! As of this morning, there is anout a ten percent dip in inventory from just last week,and there are only 180 homes that are  actively on the marke. Their average market time is 111 days and they are listed at an average price of $434,072. The median list price in Trumbull is $354,900. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $169,500.

This week, we saw four new listings come on the market. One home came back on the market after being under deposit. There were three properties that had a price change. There were four properties that went under the initial deposit stage, which we call CTS, and eleven 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 $410,951 and their average market time was 113 days.

TOWNWIDE PENDINGS: There are 35 properties scheduled to close, and their average price is $400,060.

CLOSINGS:  There were five properties that were reported as sold in this past week, The average list price was $297,180 and their average time on the market was 100 days. There were 36 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 24 condominiums that are available in Trumbull is $307,000. These homes  have been  listed an average of 139 days, and have an average price of $372,639. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

Two 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 no properties went into pending status.

TOWNWIDE PENDINGS: There are no properties scheduled to close.

CLOSINGS: There were two closings reported in the last week, and the their average listing price was $299,450. There were six status changes.

RENTALS: If you are looking for a rent in town, there are 22 homes or apartments available, and they are listed at average price of $2,305 per month. These homes have been on the market approximately 65 days. The median price for a rental is $2,100 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.

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

Trumbull CT Real Estate Market Weekly Update December 13, 2011

TRUMBULL CT HOMES: As of this morning, there are 191 homes that are  actively on the market for an average of 106 days and they are listed at an average price of $438,600. The median list price in Trumbull is $359,700. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $149,900.

This week, we saw five  new listings come on the market. No homes came back on the market after being under deposit. There were seven properties that had a price change. There were eight properties that went under the initial deposit stage, which we call CTS, and ten 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 $321,950 and their average market time was 103 days.

TOWNWIDE PENDINGS: There are 28 properties scheduled to close, and their average price is $381,021.

CLOSINGS:  There were four properties that were reported as sold in this past week, The average list price was $355,475 and their average time on the market was 86 days. There were 46 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 24 condominiums that are available in Trumbull is $307,000. These homes  have been  listed an average of 145 days, and have an average price of $374,305. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

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 no properties went into pending status.

TOWNWIDE PENDINGS: There are two properties scheduled to close, and their average price is $299,450. Their average market time was 98 days.

CLOSINGS: There was one closing reported in the last week, and the listing price was $299,900. There were three status changes.

RENTALS: If you are looking for a rent in town, there are 22 homes or apartments available, and they are listed at average price of $2,287 per month. These homes have been on the market approximately 57 days. The median price for a rental is $2,000 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.

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

Trumbull CT Real Estate Weekly Update December 6, 2011

TRUMBULL CT HOMES: As of this morning, there are 200 homes that are  actively on the market for an average of 105 days and they are listed at an average price of $433,240. The median list price in Trumbull is $356,200. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $149,900.

This week, we saw just two new listings come on the market. One home came back on the market after being under deposit. There were eight properties that had a price change. There were six properties that went under the initial deposit stage, which we call CTS, and five 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 $418,740 and their average market time was 111 days.

TOWNWIDE PENDINGS: There are 24 properties scheduled to close, and their average price is $406,283.

CLOSINGS:  There were nine properties that were reported as sold in this past week, The average list price was $450,933 and their average time on the market was 62 days. There were 40 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 27 condominiums that are available in Trumbull is $327,000. These homes  have been  listed an average of 133 days, and have an average price of $377,190. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

Two 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, one condominium  went into CTS status, and no properties went into pending status.

TOWNWIDE PENDINGS: There are two properties scheduled to close, and their average price is $299,450. Their average market time was 98 days.

CLOSINGS: There was no closings  reported in the last week. There were four status changes.

RENTALS: If you are looking for a rent in town, there are 20 homes or apartments available, and they are listed at average price of $2,387 per month. These homes have been on the market approximately 64 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.

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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