Trumbull CT Real Estate Market Weekly Update November 29, 2011

TRUMBULL CT HOMES: As of this morning, there are 202 homes thar actively on the market for an average of 101 days and they are listed at an average price of $437,486. The median list price in Trumbull is $361,950. The highest priced home in town is listed at $1,149,000 and the lowest priced home is available at $149,900.

Three bedroom homes comprise just over 41 percent of the available inventory and are listed on average at $356,939. Forty-two percent of all single family homes for sale have four bedrooms, and their average list price is $500,958.

This week, we saw seven new listings come on the market. One home came back on the market after being under deposit. There were seven properties that had a price change. There were three properties that went under the initial deposit stage, which we call CTS, and two 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 $509,950 and their average market time was 147 days.

TOWNWIDE PENDINGS: There are 27 properties scheduled to close, and their average price is $417,462.

CLOSINGS:  There were six properties that were reported as sold in this past week, The average list price was $388,767 and their average time on the market was 96 days. There were 33 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 24 condominiums that are available in Trumbull is $327,450. These homes  have been  listed an average of 141 days, and have an average price of $377,655. 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, no condominiums  went into CTS status, and one property went into pending status.

TOWNWIDE PENDINGS: There are two properties scheduled to close, and their average price is $299,450. Their average market time was 98 days.

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

RENTALS: If you are looking for a rent in town, there are 20 homes or apartments available, and they are listed at average price of $2,337 per month. These homes have been on the market approximately 59 days. The median price for a rental is $2,100 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

Trumbull CT Real Estate Update Week of November 22, 2011

TRUMBULL CT HOMES: As of this morning, there are 198 homes thar actively on the market for an average of 100 days and they are listed at an average price of $438,540. The median list price in Trumbull is $363,900. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,900.

This week, we saw two new listings come on the market. One home came back on the market after being under deposit.  There were six properties that had a price change. There were thirteen properties that went under the initial deposit stage, which we call CTS, and four 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 $431,175 and their average market time was 175 days.

TOWNWIDE PENDINGS: There are 30 properties scheduled to close, and their average price is $403,676. Their average market time was 98 days.

CLOSINGS:  There were eight properties that were reported as sold in this past week, The average list price was  $472,938 and their average time on the market was 154 days. There were 51 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 27 condominiums that are available in Trumbull is $322,450. These homes  have been  listed an average of 139 days, and have an average price of $382,450. 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 one home 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 one property went into pending status.

TOWNWIDE PENDINGS: There are two properties scheduled to close, and their average price is $299,450. Their average market time was 98 days.

CLOSINGS: There was one closing  reported in the last week, adn it was listed at $319,900.. There were eight 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 $2,283 per month. These homes have been on the market approximately 53 days. The median price for a rental is $2,050 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

Trumbull CT Real Estate Weekly Market Update November 15, 2011

TRUMBULL CT HOMES: As of this morning, there are 213 homes thar actively on the market for an average of 93 days and they are listed at an average price of $442,561. The median list price in Trumbull is $369,900. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,900.

This week, we saw seven new listings come on the market. Two homes came back on the market after being under deposit.  There were seven properties that had a price change. There were eight properties that went under the initial deposit stage, which we call CTS, and ten 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 $370,650 and their average market time was 110 days.

TOWNWIDE PENDINGS: There are 33 properties scheduled to close, and their average price is $415,733. Their average market time was 117 days.

CLOSINGS:  There were four properties that were reported as sold in this past week, The average list price was  $329,225 and their average time on the market was 85 days. There were 48 status changes in the last week.

TRUMBULL CT CONDOS: The median price of the 29 condominiums that are available in Trumbull is $322,450. These homes  have been  listed an average of 129 days, and have an average price of $364,190. The highest priced condo in Trumbull is listed at $564,900. 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. One condominium had a price change. In the last week, one condominium went into CTS status, and one property went into pending status.

TOWNWIDE PENDINGS: There are two properties scheduled to close, and their average price is $304,900. Their average markeet time was 108 days.

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

RENTALS: If you are looking for a rent in town, there are 20 homes or apartments available, and they are listed at average price of $2,242 per month. These homes have been on the market approximately 47 days. The median price for a rental is $2,050 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

Trumbull CT Real Estate Weekly Report & Market Update 11/8/11

TRUMBULL CT HOMES: As of this morning, there are 217 homes thar actively on the market for an average of 91 days and they are listed at an average price of $439,997. The median list price in Trumbull is up over $8,000 this week to $372,250. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,900.

SINGLE FAMILY HOME INVENTORY based upon the current absorption rate: 10.85 months, and up just slightly from last week. The goal for a neutral market is six months.

This week, we saw six new listings come on the market. No homes came back on the market after being under deposit.  There were 12 properties that had a price change. There were four 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 $361,278 and their average market time was 92 days.

CLOSINGS:  There were seven properties that were reported as sold in this past week, The average list price was  up again to $368,849 and their average time on the market was 49 days. There were 55 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $322,450.  The 29 condominiums that are available have been  listed an average of 126 days, and have an average price of $362,450. The highest priced condo in Trumbull is listed at $564,900. The lowest priced home is $131,937.

CONDOMINIUM  INVENTORY based upon the current absorption rate: 12.43 months. We should look to the 6-7 month range here as a neutral market

No 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, one condominium went into CTS status, and one property went into pending status.

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

RENTALS: If you are looking for a rent in town, there are 19 homes or apartments available, and they are listed at average price of $2,176 per month. These homes have been on the market approximately 48 days. The median price for a rental is $1,800 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

Trumbull CT Real Estate Market Weekly Report November 1, 2011

TRUMBULL CT HOMES: As of this morning, there are 229 homes actively on the market for an average of 93 days and they are listed at an average price of $437,301. The median list price in Trumbull is holding at $364,900. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,900.

SINGLE FAMILY HOME INVENTORY based upon the current absorption rate: 10.71 mths, and up just slightly from last week. The goal for a neutral market is six months.

This week, we saw six new listings come on the market. No homes came back on the market after being under deposit.  There were ten properties that had a price change. There were five properties that went under the initial deposit stage, which we call CTS, and four 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 $249,950 and their average market time was 73 days.

CLOSINGS:  There were five properties that were reported as sold in this past week, The average list price was  up again to $363,889 and their average time on the market was 67 days. There were 41 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $334,950.  The 30 condominiums that are available have been  listed an average of 121 days, and have an average price of $368,964. The highest priced condo in Trumbull is listed at $564,900. The lowest priced home is $131,937.

CONDOMINIUM  INVENTORY based upon the current absorption rate: 13.29 months. We should look to the 6-7 month range here as a neutral market

No 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. No condominiums went into CTS status, and no properties went into pending status.

CLOSINGS: There were two closings  reported in the last week. The average price was $337,450 and they were on the market an average of 305 days. There were six status changes.

RENTALS: If you are looking for a rent in town, there are 20 homes or apartments available, and they are listed at average price of $2,167 per month. These homes have been on the market approximately 50 days. The median price for a rental is $1,900 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