Trumbull CT - Weekly Real Estate Market Statistics Report - August 16, 2011

TRUMBULL CT HOMES: As of this morning, there are 240 homes actively on the market for  84 days and are listed at an average of $445,073. The median list price in Trumbull dropped slightly this past week to $374,900. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $165,000.

This week, we saw seven new listings come on the market, and two homes that came back on the market after being under deposit.  There were 15 properties that had a price change. There were six properties that went 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 six properties that sold this past week. Their average list price was $414,033 and these homes were on the market an average of  86 days. There were 55 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $334,900.  The 33 condominiums that are available have been  listed an average of 91 days, and have an average price of $375,422.  The highest priced condo in Trumbull is listed at $569,900.

Four 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, no condominiums went into CTS status, and no properties went into pending status. CLOSINGS: There were two properties that closed in the last week and were listed at an average price of $254,000. They were  on the market for  73 days before they sold. .There were seven status changes for the week. .

RENTALS: If you are looking for a rent in town, there are 18 homes or apartments available, and they are listed at average price of $2,525 per month. These homes have been on the market approximately 24 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