Easton CT - Real Estate Market Statistics Weekly Report - October 25, 2011

EASTON CT HOMES: Inventory has increased by ten percent since last week to  96 homes that are actively on the market. They have been available for 116 days and are listed at an average price of $822,831. The median price in Easton  continues to "see-saw", that is- up one week, down the next. Righ now, we are back where we were about a month ago at $639,450. 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: 12.82 months. The goal for a neutral market in Easton is about eight months.

Seven new listings came on the market  this week, and no homes came back on the market after being under deposit. Six properties had a price change. No properties have gone under the initial deposit stage, and one home went into  pending status, (which means that the conditions have been satisfied).It was listed for $425,000 and wa son the market for 42 days

There are currently a total of six properties pending  townwide, and their average price is $791,458. They were on the market an average of 88 days.

CLOSINGS: One property was reported as sold this past week, and it was listed at  $549,900. It was on the market for 53 days.There were seventeen 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 66 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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