Trumbull CT Real Estate Weekly Update December 6, 2011

TRUMBULL CT HOMES: As of this morning, there are 200 homes that are  actively on the market for an average of 105 days and they are listed at an average price of $433,240. The median list price in Trumbull is $356,200. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $149,900.

This week, we saw just two new listings come on the market. One home came back on the market after being under deposit. There were eight properties that had a price change. There were six properties that went under the initial deposit stage, which we call CTS, and five 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 $418,740 and their average market time was 111 days.

TOWNWIDE PENDINGS: There are 24 properties scheduled to close, and their average price is $406,283.

CLOSINGS:  There were nine properties that were reported as sold in this past week, The average list price was $450,933 and their average time on the market was 62 days. There were 40 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 27 condominiums that are available in Trumbull is $327,000. These homes  have been  listed an average of 133 days, and have an average price of $377,190. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

Two new listings  came on the market this week, and no homes 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 no properties 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 no closings  reported in the last week. There were four status changes.

RENTALS: If you are looking for a rent in town, there are 20 homes or apartments available, and they are listed at average price of $2,387 per month. These homes have been on the market approximately 64 days. The median price for a rental is $2,150 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

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