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THOMASTON CT-REAL ESTATE MARKET REPORT FOR JANUARY 2012
Thomaston CT-Real Estate Market Report For January 2012 Average sales prices continue to decline compared to both last month and last year in Thomaston CT. Inventory is stable, with the number of homes being added to the market equaling those being sold, under deposit or expiring. Sellers, because there are fewer homes on the market, that works in your favor, as long as you price your home at market value and maximize its curb appeal – that will get buyers to make offers on your home.
There are currently 35 Thomaston CT homes for sale, with an average listing price of $237,697 and an average of 182 days on market, ranging from a 768 sq. ft. 2 bedroom cape being offered for $65,000 to a 1943 sq. ft. 2 bedroom cape being offered for $509,000.
Here is a breakdown of the home prices in Thomaston CT:
You can search for Thomaston CT homes for sale by visiting William’s Places!
2 homes were sold in Thomaston CT in the month of January, with an average sale price of $106,367, an average of 63 days on market and a sales price/list price ratio of 75%, ranging from a 2136 sq. ft., 4 bedroom cape that sold for $59,000 to a 1370 sq. ft., 3 bedroom split-level ranch that sold for $153,734. By comparison, in January 2011, 4 homes were sold, with an average sale price of $251,875 and 89 days on market.
The Thomaston CT real estate market is still in a buyer’s market with 9 months of inventory, at an absorption rate of 4 homes being sold each month over the last 6 months with 35 homes currently on the market.
These are the two homes that sold in Thomaston CT in the month of January:

Prior Thomaston CT Real Estate - Market Updates can be accessed by clicking on the preceding link.
For more details about the Thomaston 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 Thomaston CT homes for sale.
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Currently in Thomaston CT there are 37 active residential listings for sale, with 4 new listings being added in January. The homes for sale in Thomaston CT range from a 768 square ft, 2-bedroom ranch, listed at $65,000 to a 1,943 square ft, 2 bedroom, contemporary cape listed at $509,000.

The average list price of the homes currently available for sale in Thomaston CT is $209,400. The average days on market for these homes is 40 days. In addition, there are currently 3 homes under contract in Thomaston CT, two of which went under contract in January.

In January 2 homes closed in Thomaston CT. They were a 2,136 square ft, 4-bedroom cape, which sold for $59,000 as a ‘Handy Man special, to a 1,372 square ft, 3-bedroom, REO multi-level which sold for $153,734. Average DOM of 63 days.
By comparison, there were 4 closings in Thomaston CT for the month of January 2011, with an average price of $251,875 and avg. days on market of 89.
For the year 2011, the market sales or absorption rate was 4 sales per month, with an average sales value of $186,471 and average days on market of 97. The current inventory of homes is equivalent to a 10-month inventory.

There are currently 7 active condos for sale Thomaston CT. They range in price from $254.900 for a 2,007 sq ft, 3 bedroom, town-house condo to $89,800 for a 1 bedroom, 795 sq ft town ranch style unit. Average days on market for condos is 146.
There is a 1,260 2-bedroom, town house style condo currently under contract in Thomaston CT. No condos closed in Thomaston CT in the month of January.
For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.
If you would like information on homes for sale in Thomaston CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Thomaston CT.
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Northfield Bible Church
Christmas Concert
Everyone is Welcome
The Northfield Bible Church is sponsoring a free concert on Saturday Dec 17, 2011 at 7:00 PM to celebrate the Advent of our Lord's Birth
The concert will feature the Bennett family, who are well known through New England, and will perform a wonderful Christmas Cantata to celebrate the Advent season

The nine Bennett children will perform with violins, cello, trumpet, accordion, clarinet and the flute.
The symphony of Christmas is sure to warm your hearts and help all to remember the true spirit of the Christmas season.
The concert is free and refreshments will be served after the concert.
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THOMASTON CT-REAL ESTATE MARKET REPORT- DECEMBER 2011
Thomaston CT-Real Estate Market Report – December 2011 While the volume of sales in Thomaston CT has held steady in comparison to last month and last year, average sales prices continue to decline. There are less homes on the market, so with proper pricing and an eye to maximizing curb appeal, you should be able to sell your home within 6 months, as the average DOM for homes sold is under that time period.
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11/2011 |
10/2011 |
11/2010 |
|
Active Listings |
37 |
34 |
50 |
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New Listings |
5 |
10 |
5 |
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Av. Listing Price |
$242,129 |
$234,423 |
$242,564 |
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Av. Sq. Ft. |
1831 |
1806 |
1756 |
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Av. DOM |
150 |
161 |
119 |
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Homes Sold |
4 |
3 |
3 |
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Av. LP – Homes Sold |
$185,950 |
$191,567 |
$263,967 |
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Av. SP – Homes Sold |
$170,875 |
$187,500 |
$243,067 |
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Av. DOM – Homes Sold |
163 |
129 |
83 |
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SP/LP Ratio |
95% |
98% |
93% |
|
Absorption Rate |
4 |
4 |
3.5 |
|
Months of Inventory |
9 |
8 |
14 |
TheThomaston CT homes for salerange from a 768 sq. ft. 2 bedroom cape being offered for $65,000 to a 1943 sq. ft. 3 bedroom cape being offered for $509,000.
Here is a breakdown of the home prices in Thomaston CT:
You can search for Thomaston CT homes for sale by visiting William’s Places!
The Thomaston CThomes that sold in 1456 sq. ft., 4 bedroom colonial that sold for $63,500 to a 2337 sq. ft., 3 bedroom contemporary ranch that sold for $300,000.
These are the four homes that sold in the Thomaston CT area in the month of November:

Prior Thomaston CT Real Estate - Market Updates can be accessed by clicking on the preceding link.
For more details about the Thomaston 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 Thomaston CT homes for sale.
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THOMASTON CT-REAL ESTATE MARKET REPORT- NOVEMBER 2011
Thomaston CT-Real Estate Market Report November 2011 There has not been a significant difference in sales prices between this year and last year, but inventory and the absorption rate have changed quite dramatically over the same time period. Sellers, make sure that you definitely attract buyers with both curb appeal and the right price in order to see your homes sold.
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10/2011 |
10/2010 |
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Active Listings |
34 |
61 |
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New Listings |
10 |
13 |
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Av. Listing Price |
$234,423 |
$243,565 |
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Av. Sq. Ft. |
1806 |
1826 |
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Av. DOM |
161 |
117 |
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Homes Sold |
3 |
3 |
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Av. LP – Homes Sold |
$191,567 |
$199,933 |
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Av. SP – Homes Sold |
$187,500 |
$191,000 |
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Av. DOM – Homes Sold |
129 |
49 |
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SP/LP Ratio |
98% |
96% |
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Absorption Rate |
4 |
3.33 |
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Months of Inventory |
8 |
18 |
TheThomaston CT homes for salerange from a 768 sq. ft. 2 bedroom cape being offered for $65,000 to a 2008 sq. ft. 3 bedroom contemporary style home being offered for $489,000.
Here is a breakdown of the home prices in Thomaston CT:
You can search for Thomaston CT homes for sale by visiting William’s Places!
The Thomaston CT homes that sold in October range from a 986 sq. ft., 3 bedroom ranch that sold for $155,000 to a 1617 sq. ft., 4 bedroom colonial that sold for $208,500
These are the three homes that sold in the Thomaston CT area in the month of October:

Prior Thomaston CT Real Estate - Market Updates can be accessed by clicking on the preceding link.
For more details about the Thomaston 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 Thomaston CT homes for sale.
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