Trumbull CT Real Estate Market Weekly Statistics Report - July 12, 2011

TRUMBULL CT HOMES:  As of this morning, there are 232 homes actively on the market for  82 days and are listed at an average of $464,306. The median list price in Trumbull is $387,700. The highest priced home in town is listed at $1,249,900 and the lowest priced home is available at $169,900. Almost 18 percent of all active listings in town is between $350,000 and $400,000, and four bedroom homes comprise nearly 47 percent of listings available in town.

This week, we saw eight new listings come on the market, and one home that came back on the market after being under deposit.  There were six properties that had a price change. There were four properties that have gone under the initial deposit stage, which we call CTS, and seven properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS: There were seven properties that sold this past week. The average list price was $485,586 and these homes were on the market an average of  51 days. There were 41 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $334,450.  The 23 condominiums that are available have been  listed an average of 126 days, and have an average price of $376,495.  The highest priced condo in Trumbull is listed at $569,900 and the lowest priced condo for sale is listed at $209,900. The most active price range is between $300,000 and $350,000.

No new listings  came on the market this week. One condominium had a price change. In the last week, no condominiums went into CTS status, and four properties went into pending status. CLOSINGS: There were no properties that closed in the last week.There were six status changes for the week. .

RENTALS: If you are looking for a rent in town, there are 12 homes or apartments available, and they are listed at average price of $2,206 per month. These homes have been on the market approximately 31 days. The median price for a rental is $1,875 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