Trumbull CT Real Estate Update Week of November 22, 2011

TRUMBULL CT HOMES: As of this morning, there are 198 homes thar actively on the market for an average of 100 days and they are listed at an average price of $438,540. The median list price in Trumbull is $363,900. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,900.

This week, we saw two new listings come on the market. One home came back on the market after being under deposit.  There were six properties that had a price change. There were thirteen properties that went under the initial deposit stage, which we call CTS, and four 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 $431,175 and their average market time was 175 days.

TOWNWIDE PENDINGS: There are 30 properties scheduled to close, and their average price is $403,676. Their average market time was 98 days.

CLOSINGS:  There were eight properties that were reported as sold in this past week, The average list price was  $472,938 and their average time on the market was 154 days. There were 51 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 27 condominiums that are available in Trumbull is $322,450. These homes  have been  listed an average of 139 days, and have an average price of $382,450. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

One new listing  came on the market this week, and one home 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 one property 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, adn it was listed at $319,900.. There were eight status changes.

RENTALS: If you are looking for a rent in town, there are 21 homes or apartments available, and they are listed at average price of $2,283 per month. These homes have been on the market approximately 53 days. The median price for a rental is $2,050 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