The Shelton market appears to have hit bottom in Q4 2011 and has been improving ever since. Prices have been increasing, propertie sare spending fewer days on market, inventory is lower, and the Average List to Sales Price is an above average 96%. It was moving from a Buyer’s Market towards a balanced market (6 months of inventory is balanced, less than 6 months is a Seller's market), past however, you'll note in the last three months, the trend has reversed.
The lowest sale in the past 12 months was $11,000 and the highest $1,048,523. The median price was $297,000.
Three bedroom homes lited between $275,000 to $300,000 are most in demand. They sell in an average of 95 days for an average of 95% of list price.