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Southbury CT 2011 Real Estate Market Report

In 2011, 124 homes were sold in Southbury CT, with an average sale price of $403,485 and an average of 117 days on market. The homes that sold ranged from a 760 sq. ft. 1 bedroom ranch that sold for $47,500, to a 4700 sq. ft. 4 bedroom colonial that sold for $760,000.
The absorption rate for Southbury CT homes sold is at 10.33 homes sold per month. At that rate, with the number of homes currently on the market in Southbury CT, there is a 12 month supply of homes available for sale.
|
|
2011 |
2010 |
2009 |
2008 |
2007 |
|
Homes Sold |
124 |
139 |
121 |
128 |
145 |
|
Av. Listing Price |
390,063 |
429,958 |
422,667 |
498,390 |
499,998 |
|
Av. Sale Price |
369,631 |
403,485 |
399,732 |
473,196 |
480,033 |
|
Av. DOM |
98 |
117 |
97 |
94 |
109 |
|
SP/LP Ratio |
94% |
93% |
96% |
95% |
96% |
2011 was a good year for the majority of buyers in Southbury CT, as average sales prices dropped below the averages for both last year and the year before. Average days on market, and sales price/list price ratios have remained fairly constant, so sellers are being realistic about pricing their homes when they list. The message for sellers in Southbury CT that this data presents is that you can still get your home sold, under the right conditions.
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.
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SOUTHBURY CT-REAL ESTATE MARKET REPORT- JANUARY 2012
Southbury CT-Real Estate Market Report January 2012 A slight increase in the volume of home sales in Southbury CT, coupled with a decline in average sales prices compared to both last month and last year, is great news for buyers looking for a home in Southbury. Sellers, if you are looking to capitalize on this, the best thing you can do is to price your homes at market value so that they can sell.
|
|
12/2011 |
11/2011 |
12/2010 |
|
Active Listings |
125 |
141 |
105 |
|
New Listings |
9 |
15 |
10 |
|
Av. Listing Price |
$442,166 |
$467,332 |
$518,986 |
|
Av. Sq. Ft. |
2492 |
2637 |
2715 |
|
Av. DOM |
256 |
231 |
203 |
|
Homes Sold |
9 |
6 |
9 |
|
Av. LP – Homes Sold |
$345,711 |
$449,100 |
$398,167 |
|
Av. SP – Homes Sold |
$326,953 |
$419,167 |
$372,600 |
|
Av. DOM – Homes Sold |
123 |
81 |
177 |
|
SP/LP Ratio |
92% |
92% |
92% |
|
Absorption Rate |
10.67 |
11.5 |
10 |
|
Months of Inventory |
12 |
12 |
10.5 |
The single familySouthbury CT homes for salerange from a 400 sq. ft. 1 bedroom ranch being offered for $45,000 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:
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 William’s Places!
The Southbury CThomes that sold in December range from a 1734 sq. ft., 3 bedroom colonial that sold for $48,000 to a 3862 sq. ft., 4 bedroom colonial that sold for $571,575.
These are the nine homes that sold in the Southbury CT area in the month of December:

Click on Southbury CT Real Estate - Market Updatesto see prior Southbury CT market reports.
Looking to relocate to Southbury CT? Visit Looking 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.
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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.
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|
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:

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:

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.
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SOUTHBURY CT-REAL ESTATE MARKET REPORT- NOVEMBER 2011
Southbury CT-Real Estate Market Report November 2011 Ok – so, home sale prices are still lower than what they were at this time last year, there are less sales, and the days on market for homes that sold is significantly lower than what it was both last month and last year. So what does this mean for you as a seller in Southbury CT? It looks like an invitation to step up your game – make sure that your home is competitively priced, and in its best possible condition – in order to attract buyers.
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|
10/2011 |
10/2010 |
|
Active Listings |
129 |
126 |
|
New Listings |
19 |
20 |
|
Av. Listing Price |
$475,620 |
$512,188 |
|
Av. Sq. Ft. |
2661 |
2679 |
|
Av. DOM |
251 |
183 |
|
Homes Sold |
8 |
7 |
|
Av. LP – Homes Sold |
$312,185 |
$401,646 |
|
Av. SP – Homes Sold |
$293,444 |
$334,193 |
|
Av. DOM – Homes Sold |
78 |
126 |
|
SP/LP Ratio |
88% |
83% |
|
Absorption Rate |
11.83 |
15.67 |
|
Months of Inventory |
11 |
8 |
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:
You can search for Southbury CT homes for sale by visiting William’s Places!
TheSouthbury CThomes that sold in October range from a 760 sq. ft., 1 bedroom ranch that sold for $47,500 to a 3436 sq. ft., 4 bedroom colonial that sold for $545,000.
These are the eight homes that sold in the Southbury CT area in the month of October:

Click on Southbury CT Real Estate - Market Updatesto 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 CTmarket 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.
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