Trumbull CT - Weekly Real Estate Market Statistics Report - September 27, 2011

TRUMBULL CT HOMES: As of this morning, the inventory is slightly up with 229 homes actively on the market for an average of 93 days and they are listed at an average of $438,156. The median list price in Trumbull hasdipped slightly to $364,450. 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: 8.39 months, and is up very slightly from last week. The goal for a neutral market is six months.

This week, we saw eleven new listings come on the market, including one home that came back on the market after being under deposit.  There were 23 properties that had a price change. There were eight 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 market time was 133 days.

CLOSINGS:  There were seven properties that were reported as sold in this past week. The list price was $386,614 and itheir average time on the market was 70 days. There were 61 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull remains at  $329,900.  The 38 condominiums that are available have been  listed an average of 100 days, and have an average price of $368,721.  The highest priced condo in Trumbull is listed at $569,900. The lowest priced home is $131,937.

CONDOMINIUM  INVENTORY based upon the current absorption rate: 10.36 months, and is up slightly over last week. We should look to the 6-7 month range here as a neutral market

One new listing  came on the market this week, and no homes came back on the market after being under deposit. No  condominium had a price change. In the last week, no condominiums went into CTS status, and no properties went into pending status. CLOSINGS: There were no closings  reported last week. There were just status changes for the week. .

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 $2,355 per month. These homes have been on the market approximately 42 days. The median price for a rental is $2,200 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.

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Trumbull CT - Weekly Real Estate Market Statistics Report - September 20, 2011

TRUMBULL CT HOMES: As of this morning, there are 223 homes actively on the market for 96 days and are listed at an average of $437,177. The median list price in Trumbull has remained fairly consistent now at $369,250. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,000.

SINGLE FAMILY HOME INVENTORY based upon the current absorption rate: 8.20 months, and is down slightly from last week. The goal for a neutral market is six months.

This week, we saw eight new listings come on the market, including two homes that came back on the market after being under deposit.  There were nine properties that had a price change. There were seven properties that went under the initial deposit stage, which we call CTS, and seven properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average market time was 87 days.

CLOSINGS:  There were five properties that were reported as sold in this past week. The list price was $450,640 and itheir average time on the market was 71 days. There were 46 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $329,900.  The 36 condominiums that are available have been  listed an average of 98 days, and have an average price of $369,514.  The highest priced condo in Trumbull is listed at $569,900. The lowest priced home is $131,937.

CONDOMINIUM  INVENTORY based upon the current absorption rate: 9.82 months, and improvement over last weeks's reporting of 11.33 months. We should look to the 6-7 month range here as a neutral market

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, no condominiums went into CTS status, and no properties went into pending status. CLOSINGS: There were two closings  reported last week and their average list price was $334,000.They were on the market an average of 72 days. There were four status changes for the week. .

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 $2,227 per month. These homes have been on the market approximately 36 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.

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Trumbull CT - Weekly Real Estate Market Statistics Report - September 13, 2011

TRUMBULL CT HOMES: As of this morning, there are 226 homes actively on the market for 95 days and are listed at an average of $439,078. The median list price in Trumbull has risen slightly to  $369,450. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,000.

SINGLE FAMILY HOME INVENTORY based upon current absorption rate: 8.28 months

This week, we saw eight new listings come on the market, and no homes that came back on the market after being under deposit.  There were 13 properties that had a price change. There were six 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 market time was 59 days.

CLOSINGS:  There was one property that s was reported as sold in this past week. The list price was $444,900 and it was on the market for 109 days. There were 44 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $331,400.  The 34 condominiums that are available have been  listed an average of 98 days, and have an average price of $371,609.  The highest priced condo in Trumbull is listed at $569,900. The lowest priced home is $131,937.

CONDOMINIUM  INVENTORY based upon current absorption rate: 11.33 months

No new listings  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, no condominiums went into CTS status, and no properties went into pending status. CLOSINGS: There were no closings  reported last week.There were two status changes for the week. .

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 $2,427 per month. These homes have been on the market approximately 32 days. The median price for a rental is $2,200 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.

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Trumbull CT - Weekly Real Estate Market Report - September 6, 2011

TRUMBULL CT HOMES: As of this morning, there are 221 homes actively on the market for 96 days and are listed at an average of $440,635. The median list price in Trumbull remains at  $364,900. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $149,000.

This week, we saw five new listings come on the market, and no homes that came back on the market after being under deposit.  There were eleven properties that had a price change. There were five 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.

CLOSINGS:  There were eight properties that sold this past week! Go, Trumbull! Their average list price was $346,575 and these homes were on the market an average of  84 days. There were 51 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $329,900.  The 33 condominiums that are available have been  listed an average of 93 days, and have an average price of $372,267.  The highest priced condo in Trumbull is listed at $569,900. Th elowest 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 no properties went into pending status. CLOSINGS: There were no closings  reported last week. .There were two status changes for the week. .

RENTALS: If you are looking for a rent in town, there are 17homes or apartments available, and they are listed at average price of $2,444 per month. These homes have been on the market approximately 30 days. The median price for a rental is $2,175 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.

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Trumbull CT - Weekly Real Estate Market Statistics Report - August 30, 2011

TRUMBULL CT HOMES: As of this morning, there are 223 homes actively on the market for  94 days and are listed at an average of $441,406. The median list price in Trumbull remains at  $372,450. The highest priced home in town is listed at $1,195,000 and the lowest priced home is available at $165,000.

This week, we saw four new listings come on the market, and no homes that came back on the market after being under deposit.  There were two properties that had a price change. There were six properties that went under the initial deposit stage, which we call CTS, and eight properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS:  There were four properties that sold this past week. Their average list price was $379,700 and these homes were on the market an average of  56 days. There were 36 status changes in the last week.

TRUMBULL CT CONDOS: The median price of a condo in Trumbull is $339,900.  The 32 condominiums that are available have been  listed an average of 90 days, and have an average price of $375,375.  The highest priced condo in Trumbull is listed at $569,900. Th elowest priced home is $131,957.

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 no properties went into pending status. CLOSINGS: There was one property that closed in the last week and was listed at $324,900. It was on the market for  431 days before it sold. .There were two status changes for the week. .

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 $2,423 per month. These homes have been on the market approximately 32 days. The median price for a rental is $2,175 per month.