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Southbury CT-Real Estate Market Report - December 2011

SOUTHBURY CT-REAL ESTATE MARKET REPORT - DECEMBER2011

 

Southbury CT-Real Estate Market Report December 2011 Home sales in Southbury CT have stayed somewhat constant, but average sales prices have definitely seen an improvement compared to both last month and last year. Because the active DOM is still over 7 months and there’s a year’s worth of inventory remaining, sellers should keep their eyes on the market over the next several months to see where the trend is headed.

 

 

11/2011

10/2011

11/2010

Active Listings

141

129

120

New Listings

15

19

15

Av. Listing Price

$467,332

$475,620

$515,029

Av. Sq. Ft.

2637

2661

2698

Av. DOM

231

251

184

Homes Sold

6

8

7

Av. LP – Homes Sold

$449,100

$312,185

$411,300

Av. SP – Homes Sold

$419,167

$293,444

$380,714

Av. DOM – Homes Sold

81

78

152

SP/LP Ratio

92%

88%

92%

Absorption Rate

11.5

11.83

14

Months of Inventory

12

11

9

 

The single familySouthbury CT homes for sale range from a 792 sq. ft. 1 bedroom ranch being offered for $49,900 to a 3012 sq. ft. 4 bedroom other style home being offered for $3.3 million.

 

Here is a breakdown of the home prices in Southbury CT:

 

home prices in Southbury CT

 

The highest percentage of Southbury homes for sale is between $400,000 and $500,000, and there are a significant number of homes for sale under that range.

 

You can search for Southbury CT homes for sale by visiting !

 

The Southbury CThomes that sold in November range from a 1304 sq. ft., 3 bedroom split-level ranch that sold for $170,000 to a 4544 sq. ft., 4 bedroom colonial that sold for $580,000.

 

These are the six homes that sold in the Southbury CT area in the month of November:

 

statistics for Southbury CT home sales

 

Click on Southbury CT Real Estate - Market Updates to see prior Southbury CT market reports.

 

Looking to relocate to Southbury CT? VisitLooking For A Reason to Move-Destination: Southbury CT

 

For further information about the Southbury CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Southbury CT homes for sale.

 

 

 

 

 

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

 

 

 

 

 

Posted Saturday Dec 03