Trumbull CT Real Estate Weekly Market Report 6/07/2011

TRUMBULL CT HOMES:  As of this morning, there are 230 homes actively on the market for  72 days and are listed at an average of $470,617, and the median list price in Trumbull is $394,450. This week, we saw 15 new listings come on the market, and no homes came back on the market after being under deposit.  There were 15 properties that had a price change. There were nine properties that have gone under the initial deposit stage, which we call CTS, and six  properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. CLOSINGS: There were fourteen  properties that sold this past week- double of what closed two weeks ago!. The average list price was $371,598 and these homes were on the market an average of 116 days. There were 70 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $333,870.  The 26 condominiums that are available have been  listed an average of 152 days, and have an average price of $355,401. No new listings  came on the market this week. Four  condominiums had a price change. In the last week, two condominiums went into CTS status, and no properties went into pending status. CLOSINGS: There were no properties that closed in the last week. There were ten status changes for the week.

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 $2,428 per month. These homes have been on the market approximately 53 days. The median price for a rental is $2,047 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.