Trumbull CT Real Estate Market Update Week of April 24, 2012

TRUMBULL CT HOMES: As of this morning, there are 221 homes that are actively on the market. Their average market time is 84 days and they are listed at an average price of $430,341. The median list price in Trumbull is $349,949. The highest priced home in town is listed at $1,099,000 and the lowest priced home is available at $179,900.

This week, we saw eighteen new listings come on the market. One home  came back on the market after being under deposit. There were twelve properties that had a price change. There were eight 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. Their average list price was $344,300.

TOWNWIDE PENDINGS: There are 53 properties scheduled to close, and their average price is $390,799.

CLOSINGS: There were seven properties that were reported as sold in this past week, The average list price was $471,200 and their average time on the market was 55 days. There were 60 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 27 condominiums that are available in Trumbull is $334,900. These homes have been listed an average of 82 days, and have an average price of $373,844. The highest priced condo in Trumbull is listed at $579,900. The lowest priced home is $119,900.

Two new listings came on the market this week, and no homes  came back on the market after being under deposit. Two 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 five properties scheduled to close and their average listing price is $344,740.

CLOSINGS: There was one closing reported in the last week, and it was listed at $399,900.  There were seven status changes.

RENTALS: If you are looking for a rent in town, there are 16 homes or apartments available, and they are listed at average price of $2,227 per month. These homes have been on the market approximately 29 days. The median price for a rental is $2,075 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.

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