Easton CT - Weekly Real Estate Market Statistics Report - October 18, 2011

EASTON CT HOMES: As of this morning, there are  88 homes actively on the market for 121 days and are listed at an average price of $831,765. The median price in Easton  has been  doing a little "see-saw", that is- up one week, down the next. We are still about $15,000 down from a few weeks ago, even though we are up right now to $659,950. The highest available listed home price is $2,398,000 and the lowest price is $294,900.

SINGLE FAMILY HOME INVENTORY based upon the current absorption rate: 11.59 months, and down by about threemonths since last week. The goal for a neutral market in Easton is about eight months.

Two new listings came on the market  this week, and no homes came back on the market after being under deposit. Two properties had a price change. One property has  gone under the initial deposit stage, and three homes went into  pending status, (which means that the conditions have been satisfied).

CLOSINGS: Three properties were reported as sold this past week, and their average list price was $772,333. They were on the market an average of 118 days.There were fifteen status changes in the last week.

EASTON CT CONDOS: There are no condominiums in Easton.

RENTALS: If you are looking for a rent in town, the median price is $2,400 per month. There are ten homes or apartments available, and they are listed at an average price of $2,982 per month, and have been on the market approximately 59 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.

If you have a question about buying or selling Real Estate in Easton, 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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