Trumbull CT - Weekly Real Estate Market Statistics Report - August 23, 2011

TRUMBULL CT HOMES: As of this morning, there are 232 homes actively on the market for  89 days and are listed at an average of $441,602. The median list price in Trumbull remains at  $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 four new listings come on the market, and one home that came back on the market after being under deposit.  There were ten properties that had a price change. There were four 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 five properties that sold this past week. Their average list price was $420,920 and these homes were on the market an average of  114 days. There were 42 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $339,900.  The 32 condominiums that are available have been  listed an average of 86 days, and have an average price of $374,219.  The highest priced condo in Trumbull is listed at $569,900. Th elowest priced home is $131,937.

One new listing  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 one property went into pending status. CLOSINGS: There were three properties that closed in the last week and were listed at an average price of $316,267. They were  on the market for  315 days before they sold. .There were eight 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 $2,462 per month. These homes have been on the market approximately 26 days. The median price for a rental is $2,200 per month.