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Shelton CT Single Family Market Report - January 2012 - Shelton CT Real Estate

So....What's UP with the Shelton CT single family market for January 2012 which includes Huntington and White Hills? Sales were UP from the same period last year with significant increases in list and selling averages.

Sales were UP 27%.

Average list price was UP 34%.

Average selling price was UP 30%

The median home price was UP 47%.

Days on the market went up 64%. Well, that's not a good increase.

The month's market absorption came in at 11.57 months, not what we want to see. However, see below for a more accurate trend.

As is practice with my market reports, let's take a closer look at the numbers because the increase in averages were outstanding.

73% of January 2011 sales were below $300K. This brought the averages down significantly. 2011's highest sale was $470K.

The typical median range for Shelton is $250-350K. January 2011 was on the lowest part of that range with a $265K median.

While the January 2012 numbers were still good, sales were down from the previous month. However, January is historically a slow sales month.

Moving forward, there are 13 homes under deposit and 24 sales pending.

Which houses sold in Shelton CT in January 2012?

Shelton CT January 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 2/5/12)

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 8.53 for the last three months.

How does a seller reduce this number for his house? Price, condition and marketing!!

Keep in mind that this rate is for ALL houses. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.

SEARCH for Your New Home in Shelton, CT which includes Huntington and White Hills.

The success in selling your house in Shelton or any other community is dependent upon accurate pricing, effective preparation, calculating the absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four. Contact me for advice on how to list your home effectively in today's market.

Thinking of selling? Email me to get a complimentary market analysis for your Shelton home.

Date Source: Greater Fairfield County Multiple Listing Service -- February 5, 2012. No representation or warranty is made to the accuracy of this information.

Shelton CT Single Family Market Report - January 2012 - Shelton CT Real Estate

Shelton CT Single Family Market Report - December 2011 - Shelton CT Real Estate

GREAT news! The Shelton CT single family market report for December 2011, which includes Huntington and White Hills, ended UP the year with significant increases as compared to the same period last year.

Sales were UP 17%.

Average list and selling prices were both UP 19%

The median home price was UP 32%

Days on the market stayed flat at a 1% decrease.

The market absorption also took a healthy decline.

In keeping with all my market reports, let's analyze a bit because these averages are phenomenal and we must take a deeper look and put it all into perspective.

December 2010 sales averages were low due to four sales below $100K with 65% of sales below $300K. This brought the averages down significantly. 2011 had NO sales under $100K with balanced sales up to $609K.

The typical median range for Shelton is $250-350K. December 2010 was solidly in the $150-300K range.

While it's nice to know that December 2011 blew away December 2010, like anything else, you have to take a closer look. Even with getting behind the scenes and understanding why the numbers are what they are, December 2011 Shelton CT market report clearly showed a great finish to 2011.

NOTE: The increase in sales is indisputable!

Which houses sold in Shelton CT in December 2011?

Shelton CT December 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 1/8/12)

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 8.15 for the last three months. This is down from last month no doubt due to reduced inventory caused by sellers either pulling their houses off the market or other sellers waiting to list until spring.

How does a seller reduce this number for his house? Price, condition and marketing!!

Keep in mind that this rate is for ALL houses. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.

Moving forward, there are 12 homes under deposit and 30 sales pending.

SEARCH for Your New Home in Shelton, CT which includes Huntington and White Hills.

The success in selling your house in Shelton or any other community is dependent upon accurate pricing, effective preparation, calculating the absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four. Contact me for advice on how to list your home effectively in today's market.

Date Source: Greater Fairfield County Multiple Listing Service -- January 8, 2012. No representation or warranty is made to the accuracy of this information.

Shelton CT Single Family Market Report - December 2011 - Shelton CT Real Estate

December's Season of Celebration & Sharing ~ Toy Drive at Outback Steakhouse Shelton CT

How about swapping a toy for a free appetizer or dessert? Outback Steakhouse in Shelton CT is offering a free appetizer or dessert in exchange for donating a new, unwrapped toy now through Wednesday, December 21.

This toy drive benefits the Shelton CT Police Department’s toy drive. Toys will be donated to local families in need.

Toys can also be dropped off at the Shelton Police Department, 85 Wheeler Street, Shelton. Please make your donation by December 21.

For more information or questions, please contact Officer Kevin Sherman at 203-924-1544 ext. 349.

Drop off your new, unwrapped toy donation and enjoy a free dessert or appetizer at:

Outback Steakhouse
698 Bridgeport Avenue (behind Walgreens at Split Rock)
Shelton CT 06484

Get Outback coupons

Thank you for your support.

December's Season of Celebration & Sharing ~ Toy Drive at Outback Steakhouse Shelton CT

Shelton CT Single Family Market Report - November 2011 - Shelton CT Real Estate

The roller coaster is chugging UP the hill. The Shelton CT single family market report for November 2011, which includes Huntington and White Hills, shows a 17% increase in sales over October 2011.

Additionally, a comparison to the same period last year shows a 17% INCREASE in sales. List and selling averages decreased 20% and 21% respectively. The median also fell down at 7% lower.

71% of sales were concentrated in the $0-300K range with the highest concentration in the popular $200-$300K range keeping averages on the low side.

Moving forward, there are 18 homes under deposit and 27 sales pending.

Which houses sold in Shelton CT in November 2011?

Shelton CT November 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 12/5/11)

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 9.16 for the last three months. This is down from last month no doubt due to sellers either pulling their houses off the market or other sellers waiting to list until after the holidays.

How does a seller reduce this number for his house? Price, condition and marketing!!

Keep in mind that this rate is for ALL houses. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.

SEARCH for Your New Home in Shelton, CT which includes Huntington and White Hills.

The success in selling your house in Shelton or any other community is dependent upon accurate pricing, effective preparation, calculating the absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four. Contact me for advice on how to list your home effectively in today's market.

Date Source: Greater Fairfield County Multiple Listing Service -- December 5, 2011. No representation or warranty is made to the accuracy of this information.

Shelton CT Single Family Market Report - November 2011 - Shelton CT Real Estate

“It’s a Wonderful Life” at Center Stage Theater Shelton CT

It’s a Wonderful Life, the 1946 holiday classic film starring Jimmy Stewart and Donna Reed, is coming to life on stage at the Center Stage Theater in Shelton, CT weekends through December 17.

Center Stage recently relocated to the old Lafayette School at 54 Grove Street, Shelton.

This production, with a cast of 40, and ages ranging from 8 to 70, is the biggest production yet. The play will be featuring all actors and actresses in the greater Shelton area.

Times for the play are as follows:

Fridays and Saturdays through December 17 beginning at 8 p.m.
Sunday matinees, December 4, 11, and 18 beginning at 2 p.m.

Tickets are $25 for adults and $10 for students

It’s a Wonderful Life features character George Bailey who has always put others before himself. After he misplaces an $8,000 loan, he becomes depressed and suicidal on Christmas Eve. George’s guardian angel, Clarence, appears to him showing how many lives he has affected.

After George sees what life would have been like in Bedford Falls had he never been born, George realizes he has truly lived a wonderful life. The saying, ‘Every time a bell rings, an angel gets its wings’ originated in this movie.

Visit Center Stage Theater for more information or call 203.225.6079 for a reservation.

This performance is guaranteed to put you into the holiday spirit! It's a personal favorite with a great message.

“It’s a Wonderful Life” at Center Stage Theater Shelton CT