Easton CT - Weekly Real Estate Market Statistics Report - September 27, 2011

EASTON CT HOMES: As of this morning, there are  92 homes actively on the market for 121 days and are listed at an average price of $847,736. The median price in Easton has dipped about 3 percent since a few weeks ago, and is consistent with last week at  $669,450. 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: 13.35 months, and down over the last few weeks. 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, and four properties had a price change. One property has  gone under the initial deposit stage, and one home went into  pending status, (which means that the conditions have been satisfied). Its  market time was 124 days. CLOSINGS: One property was reported as sold this past week, was listed at $1,387,000, and was on the market for 138 days before it sold. There were 12 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 $2,425 per month. There are nine homes or apartments available, and they are listed at an average price of $5,500 per month, and have been on the market approximately 83 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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