Trumbull CT - Weekly Real Estate Market Statistics Report - August 8, 2011

TRUMBULL CT HOMES: As of this morning, there are 242 homes actively on the market for  84 days and are listed at an average of $448,031. The median list price in Trumbull is $379,900. 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 11 new listings come on the market, and no homes that came back on the market after being under deposit.  There were 18 properties that had a price change. There was one property that went under the initial deposit stage, which we call CTS, and three properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS: Another solid week for closings! There were twelve properties that sold this past week, but I do see a minor slow down in closings in the coming weeks. The average list price was $381,517 and these homes were on the market an average of  76 days. There were 57 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $334,950.  The 29 condominiums that are available have been  listed an average of 96 days, and have an average price of $379,265.  The highest priced condo in Trumbull is listed at $569,900 and the lowest priced condo for sale is listed at $334,900.

Five new listings  came on the market this week, adn two came back on the markeet after being under deposit. No condominiums had a price change. In the last week, no condominiums went into CTS status, and two properties went into pending status. CLOSINGS: There were two properties that closed in the last week and were listed at an average price of $250,479. They were  on the market for  36 days before they sold. .There were 11 status changes for the week. .

RENTALS: If you are looking for a rent in town, there are 13 homes or apartments available, and they are listed at average price of $2,469 per month. These homes have been on the market approximately 21 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