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

Trumbull Connecticut Real Estate Market Trends Report - October 2012

TRUMBULL

Market Trends

October 2012

 

Trumbull Connecticut Real Estate Market Trends - October 2012


Trumbull’s market trends are giving mixed signals.  With only 5.1 month’s supply of inventory which is trending lower (see the 3 Months trend of 4.2 months supply), this is clearly a Seller's Market.  However, in a Seller's Market, the Sellers are supposed to call the shots so prices go up.  Instead what we see is lower prices.  The List to Sales Price ratio has increased to 96%, suggesting that Sellers are holding out for a sale price closer to the number they want.

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 92 days and sell for 95% of list price.


Trumbull Inventory

Trumbull Connecticut Real Estate Inventory - October 2012

Trumbull Sales

Trumbull Connecticut Real Estate Sales - October 2012

 

 

Click on icons below to go to Black Rock Real Estate and Black Rock Community websites as well as social media sites:

 

                                 

 

 Active Rain Subscribe to Blog         FaceBook Black Rock CT         Twitter Gail Robinson         Flickr Gail Robinson        ActiveRain Pinterest Icon     ActiveRain YouTube Icon

 

Recent awards:

 

                    

Comment balloon 0 commentsGail Robinson • November 17 2012 07:22PM

Comments

This blog does not allow anonymous comments