Trumbull CT Housing and Real Estate Market Report 11/13/13

TRUMBULL CT HOMES: As of this morning, there are 152 homes that are actively on the market. The average market time is 116 days,  and their *cumulative market time is 138 days.  These available properties are listed at an average price of $455,374. The median list price in Trumbull is $417,500. The highest priced home in town is listed at $1,495,000 and the lowest priced home is available at $149,000.

This week, we saw five new listings come on the market, and one home came back on the market after being under deposit. There were 10 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 $491,522.

TOWNWIDE DEPOSITS:  There are 36 properties townwide in the initial stage of deposit (which we call CTS) and an additional 40 properties that are scheduled to close, and their average price is $431,759.

CLOSINGS:  There were 12 properties that were reported as sold in this past week, The average list price was $403,283 and their average time on the market was 68 days. There were 51 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 11 condominiums that are available in Trumbull is $342,000. These homes have been listed an average of 85 days,  with an average cumulative market time of 85 days, and have an average price of $340,200. The highest priced condo in Trumbull is listed at $479,500. The lowest priced home is $193,900.

There was one new listing reported in the last week,  no homes came back on the market,  and no property had a price change.  No homes went into CTS status  and one went into pending status which was listed at $184,400.   There were two status changes reported.

TOWNWIDE DEPOSITS: There are four properties currently under CTS status, and four properties  scheduled to close, with an average list price of $307,050.

CLOSINGS: There were no  closings reported in the last week.

RENTALS: If you are looking for a rent in town, there are 23 homes or apartments available, and they are listed at an  average price of $2,520 per month. These homes have been on the market approximately 45 days. The median price for a rental is $2,500 per month.

*Cumulative market time indicates the TOTAL  market time when a home has been listed more than once in short succession.

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.

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The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

 ** Get JUDY'S Exclusive BONUS For New HomeBuyers! CLICK HERE**

Buying or Selling a Home in Easton?  Contact us!

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

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