Monroe CT Real Estate Market Report January 2012
Monroe CT real estate sales for January 2012 took a bit of a dip from the same period last year. However, list and sales prices both increased 2%. The median decreased 8%. Days on the market significantly increased with three of the properties being on the market 200+ days.
Which houses sold in Monroe CT in January 2012?
Monroe CT January 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 2/15/12)
The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 11.39 for the last three months.
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 into February sales, there are 12 houses under deposit and 13 homes under contract.
SEARCH for Your New Home in Monroe, CT
Remember, each month is a snapshot of the month including all sales. Individual price ranges and results will vary which will determine a correct listing price or amount to offer on a purchase.
If you would like a FREE professional market analysis done for your property in Monroe CT, please contact me.
The success in selling your house in Monroe CT 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, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.
Date Source: Greater Fairfield County Multiple Listing Service -- February 15, 2012. No representation or warranty is made to the accuracy of this information.
Monroe CT Real Estate Market Report January 2012
A free one hour energy assessment seminar will be offered on Thursday, February 16, at the Shelton CT Plumb Memorial Library, 65 Wooster Street at 7 p.m.
Bridgeport based Santa fuel will be the host of the presentation and will review what a home energy assessment involves as well as what immediate improvements can be done to increase the energy efficiency in the home. Areas addressed or tested include heating and cooling systems, insulation, weather sealing, and the efficiency of appliances.
If you are interested in saving energy which translates to saving money by improving the efficiency of your home, then stop by the seminar on February 16. For more information, call the Plumb Memorial Library at 203-924-1580 or Santa Fuel at 800-937-2682.
Trumbull CT Single Family Real Estate Market Report for January 2012
So....what's UP in Trumbull CT? The single family home sales for January 2012 were UP 22% over January 2011. List and selling prices increased 2% and 3% respectively with the median going UP 16%.
Days on the market went DOWN 9% -- always a good thing for sellers to hear!
The sweet spot for sales was in the popular $300K-$400K range, with sales checking in in almost every range.
What houses sold in Trumbull CT in January 2012?
Trumbull CT January 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS)
The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 6.69 months for the last three months, about on par with the previous month.
This absorption rate is calculated on all price points. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.
Sales remained the same as last month and holding steady -- so different from the erratic averages prior. Stability AND increase in the averages. The Trumbull single family market is healthy and moving full steam ahead.
Going forward into February there are 34 homes under deposit and 35 pending sales (under contract).
SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)
The success in selling your house in TRUMBULL or any other community is dependent upon accurate pricing, effective staging, 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, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.
Date Source: Greater Fairfield County Multiple Listing Service -- February 9, 2012. No representation or warranty is made to the accuracy of this information.
SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)
Trumbull CT Single Family Real Estate Market Report for January 2012
Knights of Columbus Annual Basketball Free Throw Competition ~ Shelton CT
Saturday, February 11, marks the return of the annual Free Throw Competition sponsored by the Knights of Columbus Bernardo Council and Msgr. Joseph Fitzgerald Council.
The event will be held at Shelton Intermediate School gym, 675 Constitution Boulevard North with registration beginning at 2 p.m. There is no entry fee.
Boys and girls ages 10 to 14 are invited to participate. Proof of age and written parental consent are required. Each sharp shooter will be awarded a certificate of participation.
An annual event, more than 179,000 youngsters participated last year in over 3,000 local competitions across the United States. Winners progress through local, district, regional and state competitions. 
Each contestant will be given three warm-up free throws. Then the participant will attempt 15 free throws.
10- and 11-year olds will shoot from 12 feet.
12-14 year olds will shoot from the 15-foot standard.
Good luck to all the sharp shooters at the Knights of Columbus free throw competition on Saturday, February 11.
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
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I am dedicated to achieving nothing less than excellent service for all my buyers & sellers. I am a Certified Short Sales Specialist & work with an experienced short sale team.
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