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

EASTON CT HOMES:  The median list price in Easton is $724,000.  As of this morning, there are 69 homes actively on the market for 108 days and are listed at an average of $918,547. 9 new listings came on the market this week, including 1 home that came back on the market after being under deposit.  There was 1 property that had a price change. 1 property has gone under the initial deposit stage, which we call CTS, and 2 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: No properties sold in this last  7 days. There were 16 status changes in the last week.

EASTON CT CONDOS: There are no condominiums in Easton

If you are looking for a rent in town, there are  9 homes or apartments available, and they are listed at average price of $4,000 per month, and have been on the market approximately 70 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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All about Easton Connecticut

The town of Easton Connecticut was incorporated in 1847, and is comprised of approximately 27 square miles.  There are roughly 7600 residents and 2550 households, 93% of which are owner occupied.

The town of Easton, Connecticut is one of the most beautiful and quaint towns in Fairfield County. There is no real commercial development, except for a village store, one gas station, and a number of older working farms. The well-known Aspetuck and Hemlock Reservoirs are just two of three, formerly owned by The Bridgeport Hydraulic Company, which is  now known as the Aquarion Company that service many of the surrounding towns. This watershed area comprises almost 40% of the entire town of Easton. The area surrounding these reservoirs is as picturesque as a postcard. On your scenic drive in Easton, expect to see an old barn, many historic homes, and plenty of stately manors. 

The town of Easton  boasts over 7500 acres of preserved land, and you will encounter old-style colonial stone walls everywhere you go. It would not be uncommon to see someone riding a horse here, either privately owned, or from one of the local stables like the Lion Hill Riding Academy. The eighteenth century charm and seclusion is evident throughout the town, which has masterfully planned a mix of vintage homes with newer regal homes, while maintaining its rural beauty.

Founded in 1757, but not incorporated until the 1847, Easton's beginnings were brought upon by men from the Parish of Fairfield. Easton was favored by Redcoat and Colonial troops during the revolutionary war. In 1797, Samuel Staples founded the first 'free' school in Easton, so that rich and poor could both receive an adequate education. The fund for the poor exists today, and is known as the Easton Town Deposit Fund.  

This town's current ambience is that of a quiet residential community. The rural character of Easton has been steadfastly maintained over the years, while still allowing minimal residential growth. Zoning still requires 3 acres lot size in over 90% of the town. Housing is strictly single family residences, with no apartments, condominiums, or industry.

The Connecticut Golf Club and the Aspetuck Valley Country Club offer a low key social setting in town, while bordering towns offer varied social happenings.

View an interactive map of Easton and search the MLS for listings

For your reference, this Easton town description can also be accessed by the left column of our website.

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Easton CT Weekly Real estate Market Report 4/12/11

EASTON CT HOMES:  The median list price in Easton is $729,450.  As of this morning, there are 61 homes actively on the market for 113 days and are listed at an average of $944,531. 1 new listing came on the market this week, including no homes that came back on the market after being under deposit.  There were  no properties that had a price change. 2 properties have gone under the initial deposit stage, which we call CTS, and 3 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: 2 properties sold in this past  7 days. There were 10 status changes in the last week.

EASTON CT CONDOS: There are no condominiums in Easton

If you are looking for a rent in town, there are  11 homes or apartments available, and they are listed at average price of $4,959 per month, and have been on the market approximately 73 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 like our Easton Real Estate Market Statistics  Reports, please share them!

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Easton, CT Real Estate Market Forecast and Advice 2/2011

I am pleased to present to you my real estate market predictions and buying and selling advice for Easton, CT. My experience spans over 26 years, and I have seen hot markets come and go, and bad markets come and go. I always find it funny how the media predicts that the real estate market is going up or down in the state, but you know as well as I do, that  each town has its own type of market, and within the town, there are areas that sell faster than others, and homes on particular streets that sell  slower than others. You really cannot generalize the market in a rational way. Deciphering the real estate market, is, and has to be, local and historical.

With that being said, I offer my opinions on the market for the coming months. Everyone's particular situation is different, and  if you need to buy or sell in Easton at a particular time, then you should do it. You should also call me to assist you! (OK, Shameless plug) You know people have been asking me for years, "what do you think is going to happen in the real estate market?" and I say, "Well, if I knew that, I probably wouldn't be selling real estate, because I would have some type of amazing talent that NO ONE has ever possessed" That being said, I AM very good at numbers, statistics, and forecasting, so after doing extensive research, calculations, and taking into account the current economic climate, I present to you the following: 
 
What's Ahead in General: Current sales averages about 5 per month, but I expect that to rise to 7 or 8 sales per month through the summer, and peak in August. 

ADVICE FOR SELLERS: Is there a better time to sell your home in Easton? Yes, actually, in my opinion. If you want to sell your home, first of all, price it correctly right from the get go. No fooling around, don't put a "little play" in the price for negotiation. Now is not the time for that! While Easton's market has improved from 2009 to 2010, and is showing signs of improvement for this year, don't push it. If your home's price range is anywhere from 600-800,000, optimum time to get started is Mid-March to the beginning of April. That doesn't mean that if you have a pressing need or desire to sell your home that you should wait.

ADVICE FOR BUYERS: Now, now, now, NOW! If you are looking to buy in Easton CT,I would get going on it right away! I believe prices will remain level or only rise slightly throughout the summer, but many sellers "fish for pricing" this time of year. That is, they put their home on the market to see if anyone will buy their home for a particular price, and don't really care if their home sells or not if they don't get that price. You'll save a lot of time and energy by trying to find something NOW as opposed to starting the process in a few months. 

A little information about Easton..

Easton is such a beautiful town. Here's  a little town bio that I wrote.

Click here to read