Real Estate Market Report for Trumbull CT - week of 6/14/2011

TRUMBULL CT HOMES:  As of this morning, there are 231 homes actively on the market for  75 days and are listed at an average of $473,992, and the median list price in Trumbull is $392,450. The highest priced home in town is listed at $1,249,900 and the lowest priced home is available at $163,000.

This week, we saw seven new listings come on the market, and one home that came back on the market after being under deposit.  There were 13 properties that had a price change. There were ten properties that have gone under the initial deposit stage, which we call CTS, and ten  properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: There were six properties that sold this past week. The average list price was $361,350 and these homes were on the market an average of 113 days. There were 53 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $336,950.  The 26 condominiums that are available have been  listed an average of 158 days, and have an average price of $364,359.  The highest priced condo in Trumbull is listed at $569,900 and the lowest priced condo for sale is listed at $219,900.

One new listing  came on the market this week. One condominium had a price change. In the last week, three condominiums went into CTS status, and one property went into pending status. CLOSINGS: There were no properties that closed in the last week. There were eight status changes for the week.

RENTALS: If you are looking for a rent in town, there are 14 homes or apartments available, and they are listed at average price of $2,637 per month. These homes have been on the market approximately 51 days. The median price for a rental is $2,325 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.