Trumbull CT Real Estate Market Weekly Update January 3, 2012

TRUMBULL CT HOMES: As of this morning, there are only 162 homes that are  actively on the market. Their average market time is 117 days and they are listed at an average price of $434,407. The median list price in Trumbull is $354,950. 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 two new listing come on the market. No homes came back on the market after being under deposit. There were six properties that had a price change. There were three properties that went under the initial deposit stage, which we call CTS, and five  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 $318,760 and their average market time was 144 days.

TOWNWIDE PENDINGS: There are 34 properties scheduled to close, and their average price is $398,185.

CLOSINGS:  There were six properties that were reported as sold in this past week, The average list price was $324,583 and their average time on the market was 113 days. There were 39 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 25 condominiums that are available in Trumbull is $307,450. These homes  have been  listed an average of 128 days, and have an average price of $377,765. The highest priced condo in Trumbull is listed at $649,900. The lowest priced home is $131,937.

Three 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.

TOWNWIDE PENDINGS: There are no properties scheduled to close.

CLOSINGS: There was one closing reported in the last week, and the home was listed at $359,900. There was seven status changes.

RENTALS: If you are looking for a rent in town, there are 21 homes or apartments available, and they are listed at average price of $2,403 per month. These homes have been on the market approximately 67 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