Fairfield County Homes for Sale: Trumbull Connecticut Real Estate Market Trends Report - September 2012

Trumbull Connecticut Real Estate Market Trends Report - September 2012

TRUMBULL

Market Trends

September 2012

Trumbull Connecticut Real Estate Market Report - September 2012

Trumbull’s market had been doing exceptionally well with increasing prices and decreasing Days on Market, but the last three months have brought lower prices.  This may be just a temporary downturn as it looks like Trumbull’s real estate market hit bottom in Q4 2011 and has been in recovery since then.   With only 5.5 month’s supply of inventory which is trending lower (see the 3 Months trend of 4.2 months supply), the market looks poised for increasing prices, but trend signals are mixed.


TRUMBULL INVENTORY

Trumbull Connecticut Inventory - September 2012

 

TRUMBULL SALE PRICES AND NUMBER OF SALES

Trumbull Connecticut Sales - September 2012

 

HOTTEST HOMES IN TRUMBULL

What homes are most in demand by buyers in Trumbull?  The sweet spot in the market is for 3 bedroom homes with a list price of $300,000-325,000.  They tend to be on the market only 88 days and sell for 95% of list price.


 

 

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Comment balloon 0 commentsGail Robinson • October 15 2012 09:47AM

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