The Shelton market appears to have hit bottom in Q4 2011 and has been improving ever since. It has increasing prices, shorter days on market, lower inventory, and a very good Average List to Sales Price of 96%. It is moving from a Buyer’s Market towards a balanced market (see the 3 Months trend of 6 months, which is a balanced market).
SHELTON SALES PRICES AND NUMBER OF SALES
HOTTEST HOMES IN SHELTON
What homes are most in demand by buyers in Shelton? The sweet spot in the market is for 3 bedroom homes with a list price of $250,000-275,000. They tend to be on the market only 84 days and sell for 95% of list price.