Trumbull CT Real Estate market Weekly Update for January 10, 2012

TRUMBULL CT HOMES: As of this morning, there are 165 homes that are  actively on the market, and expect inventory to start to increase in the coming weeks. Their average market time is 117 days and they are listed at an average price of $429,073. The median list price in Trumbull is $353,400. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $169,500.

This week, we saw seven new listing come on the market. No homes came back on the market after being under deposit. There were five properties that had a price change. There were nine properties that went under the initial deposit stage, which we call CTS, and nine properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average list price was $487,500 and their average market time was 132 days.

TOWNWIDE PENDINGS: There are 38 properties scheduled to close, and their average price is $415,976.

CLOSINGS:  There were six properties that were reported as sold in this past week, The average list price was $424,917 and their average time on the market was 71 days. There were 42 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 26 condominiums that are available in Trumbull is $329,500. These homes  have been  listed an average of 130 days, and have an average price of $380,924. The highest priced condo in Trumbull is listed at $649,900. The lowest 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, one condominium went into CTS status, and no properties went into pending status.

TOWNWIDE PENDINGS: There are no properties scheduled to close.

CLOSINGS: There were no closings reported in the last week, There was three status changes.

RENTALS: If you are looking for a rent in town, there are 24 homes or apartments available, and they are listed at average price of $2,390 per month. These homes have been on the market approximately 65 days. The median price for a rental is $2,062 per month.

Seven Year Annual Trumbull Real Estate Market Recap

2012 Trumbull Real Estate Forecast, Advice and 2011 Recap

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.

If you have a question about buying or selling Real Estate in Trumbull, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :)   - Judy