Trumbull CT Real Estate Market Weekly Statistics Report - July 19, 2011

TRUMBULL CT HOMES:  As of this morning, there are 231 homes actively on the market for  83 days and are listed at an average of $458,709. The median list price in Trumbull is $384,450. The highest priced home in town is listed at $1,249,900 and the lowest priced home is available at $165,000.

This week, we saw eight new listings come on the market, and no homes that came back on the market after being under deposit.  There were 15 properties that had a price change. There were 15 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: A fantastic week for closings! There were twelve properties that sold this past week. The average list price was $489,533 and these homes were on the market an average of  56 days. There were 63 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $334,500.  The 23 condominiums that are available have been  listed an average of 114 days, and have an average price of $377,369.  The highest priced condo in Trumbull is listed at $569,900 and the lowest priced condo for sale is listed at $209,900.

One new listing  came on the market this week. No condominiums had a price change. In the last week, one condominium went into CTS status, and three properties went into pending status. CLOSINGS: There was one property that closed in the last week and was listed at $325,000. It was on the market for 38 days before it sold. .There were nine 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 $2,371 per month. These homes have been on the market approximately 25 days. The median price for a rental is $2,250 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