It was ANOTHER good month in Shelton for condo sales! Compared to the same period last year, October 2011 condo sales in Shelton CT were up 44%. Average List Price was up 36% and average selling price was up 38% The Median sales price was up 62%. Days on the market went down 1%
Great improvement, strong sales, all good stuff. The top three sales were in the new Shelton condo communities, Cranberry Hill Estates, a planned community of single family homes … (8 comments)
The condo market report in Shelton CT for September 2011 compared to the same period last year was UP UP UP! Sales were up 22% Average List Price was up 48%. Yes, you read that right. Average Selling Price was up 50%. Another yes. The Median sales price was up 57%.
SO, what is going on with condo sales in Shelton CT? Take a look at the numbers.
That is some awesome improvement. BUT, let's dig deeper and … (5 comments)
Condos in Shelton CT are continuing to be very popular with buyers. Similar to last month's results, sales for August 2011 have blown away August 2010, up 225% from last year.
Additionally, average list and selling prices were UP 33% and 42% respectively and the median was UP 25%. Days on the market went UP 22% with one significant outlier at 561 days. Before getting too excited, though, let's look at the sold units.
Additionally, average list and selling prices were BOTH UP 19% and the median remained pretty flat as sales were evenly distributed with the $200-$300K range being the sweet spot.
Take a look at the Shelton Condo property transfers for July 2011.
The year-in-review chart shows condos sales hitting the highest number of … (7 comments)
shelton ct condo market report: Shelton CT Condo Market Report ~ June 2011 ~ Shelton CT Real Estate
- 07/03/11 02:42 PM
Shelton CT Condo Market Report ~ June 2011 ~ Shelton CT Real Estate WOW!! What a month. Condo sales in Shelton CT for June 2011 were up 7% compared to the same period last year. Why does that deserve a 'WOW'? June 2010 was the deadline for the homebuyer tax credit so sales were very high artificially. Not only did June 2011 beat June 2010 BUT sales in June were 100% higher than last month!
Additionally, average list and selling prices were UP 23% and 27% respectively and the median INCREASED 42%. Sales in the Renaissance and Aspen Ridge brought … (0 comments)
May averages showed significant increases over May 2010. Average list and selling prices were UP 41% and 49% respectively. The median was UP 58%. Now, before we get really excited, let's see what brought the prices up. Let's take a look at the Shelton Condo property transfers for May 2011 as well as a chart showing where the bulk of sales were.
62.5% of sales were in the $400-500K range, three … (5 comments)
shelton ct condo market report: Shelton CT Condo Market Report ~ April 2011 ~ Shelton CT Real Estate
- 05/09/11 03:05 AM
Shelton CT Condo Market Report ~ April 2011 ~ Shelton CT Real Estate Condo sales continue to increase in Shelton CT. Sales were up by one, or 11%, over the same period last year. All April 2011 averages showed significant increases over April 2010. However, a closer analysis shows an outlier sale of $775,000 at the Renaissance brought averages up.
Even so, the condo market is stable and has been trending upward the last three months. See chart below. Moving forward, there are 11 condos under deposit and 22 condos in contract.
40% of the condo sales for April fell within the $200-$300K … (2 comments)
shelton ct condo market report: Shelton CT Condo Market Report for March 2011
- 04/06/11 04:03 AM
Shelton CT Condo Market Report for March 2011 Condo sales in Shelton (Huntington), CT for March 2011 were only down one sale in comparison to the same period last year. All averages showed a decrease due to the bulk of sales being in the $100K-$300K range compared to higher end sales in March 2010. See property transfers below.
The good news this month is that sales are up 60% over last month. Moving forward, there are 9 condos under deposit and 7 condos under contract.
Condo sales were solidly entrenched in the $100-$300K range.
… (3 comments)
shelton ct condo market report: Shelton CT Condo Market Report for February 2011
- 03/07/11 01:27 PM
Shelton CT Condo Market Report for February 2011 The condo market in Shelton (Huntington), CT for February 2011 showed a slight increase in sales compared to the same period last year. Following that lead, the average list price and average selling price showed a 16% and 15% INCREASE respectively. The median sales figure came in 44% higher than February 2010. Days on the market were down significantly.
The year in review shows condo activity was relatively flat with the exception of June 2010, which is when the homebuyer's tax credit contract deadline expired.
Condo sales leaned more on the higher end during … (5 comments)
shelton ct condo market report: Shelton CT Condo Market Report for January 2011
- 02/08/11 09:54 AM
The condo market in Shelton (Huntington), CT for January 2011 showed an 80% INCREASE in sales compared to the same period last year. More good news -- The average list price and average selling price showed an 18% and 12% INCREASE respectively. The median sales figure registered 15% higher than January 2010.
The last year indicates a rollercoaster effect, due to the homebuyer's tax credit in June. The condo market rebounded, stayed relatively flat for a few months, and was up again in January.
The hot spot for January sales was in the $200K-300K range.
Condo sales in Shelton (Huntington), CT for December 2010 showed a decrease in sales compared to the same period last year. But let's try to put it into perspective. There were increased residual sales at the end of December 2009 due to the extension of the homebuyer tax credit, which was extended to April, 2009 and then to June, so the numbers were inflated. Take a look at the other numbers for some better news. Average list price and average selling price showed a 16% and 19% INCREASE respectively. The … (5 comments)
shelton ct condo market report: Shelton CT Condo Market Report for November 2010
- 12/12/10 08:36 AM
Shelton CT Condo Market Report for November 2010 Condo sales in Shelton (Huntington) CT for November 2010 showed a sharp decrease in sales compared to the same period last year. The end of November 2009 was also the FIRST end of the homebuyer tax credit, until it was extended to April and then to June, so the numbers were inflated. Take a look at the other numbers for some better news. Average list price and average selling price showed a 15% and 13% INCREASE respectively. The median sales figure came in 28% HIGHER than last year. Note that days on the market showed an increase of 52% skewed by … (4 comments)
shelton ct condo market report: Shelton CT Condo Market Report for October 2010
- 11/21/10 12:00 PM
Shelton CT Condo Market Report for October 2010 Condo sales in Shelton (Huntington) CT for October 2010 showed a 25% decrease in sales compared to the same period last year. However, October sales were even with September and UP from the slump which followed the homebuyer tax credit June sales. Average list price and average selling price showed a 6% and 8% INCREASE respectively. The median sales figure came in 3% lower than last year and days on the market showed a decrease of 11%. So while the sales were down from last year, there is stabilization in the numbers.
Here we get a better picture … (0 comments)
shelton ct condo market report: Shelton CT Condo Sales -- Condo Market Report for March 2010
- 04/07/10 10:43 AM
The Shelton CT condo market report for March 2010 shows sales were UP 125% from February 2009. Average list and selling prices were down 21% and 23% respectively. However, one $985,000 sale in 2009 brought the average up considerably for 2009. Looking at the median sales shows a more realistic picture of the market with the 2010 median sale of $325,000 being down only 5% from last year's median of $343,750. Days on the market showed a 203% increase from last year, but again, that figure was skewed by three condos on the market from 173-748 days. Median days on the market shows a … (0 comments)
Shelton CT condo sales in February were UP 33% from February 2009. Average list and selling prices were down 28% and 38% respectively. However, we have to take the small number of solds along with high selling prices that were away from the pack to put these percentages into perspective.
The high sale was in L'Hermitage and the low sale was in Asbury Ridge. Average days on the market increased 46% due totally to one condo marketed for 436 days. The median sales figure more accurately represents the price range that is selling showing only … (0 comments)
shelton ct condo market report: Shelton CT Condo Market Report for January 2010
- 02/08/10 03:35 AM
Shelton CT Condo Market Report for January 2010 The condo real estate market in Shelton CT for the month of January 2010 showed an improvement in sales and market time from the previous year but was down considerably in list/sell prices.
MLS data shows Shelton CT condo sales in January were UP 25% from January 2009. Average list and selling prices were down 71% and 68% respectively. However, this is not indicative of the market overall, but just attributed to how the numbers (highs and lows) fell within a small field of solds. The high sale was in Summerfield and the low sale was in … (2 comments)
MLS data shows Shelton CT condo sales in December were up 275% from December 2008. Average list and selling prices were UP 12% and 11% respectively. The high sale was in Aspetuck and the low sale was in Asbury Ridge. Average days on the market increased 10%. Take a look at the December 2009 sales. The market absorption rate, which shows the number of months it would take to … (2 comments)
MLS data shows Shelton CT condo sales in November were up 183% from November 2008. Average list and selling prices were down 21% and 17% respectively. The high sale was in Aspetuck and the low sale was in Asbury Ridge. Take a look at the November 2009 sales here. Average days on the market decreased 45% -- great news for sellers. The market absorption rate, which shows the number … (0 comments)
MLS data shows Shelton condo sales in October were up 9% from October 2008. Average list and selling prices were down 21.3% and 23.5% respectively. The high sale was in Crescent Village and the low sale was in Heather Ridge. Average days on the market decreased 16% -- good news for sellers. The market absorption rate, which shows the number of months it would take to sell … (0 comments)
Author Bio: Barbara Altieri, CT REALTOR®, helps Fairfield and New Haven County buyers and sellers successfully navigate through a real estate transaction. A proven sales and marketing professional, Barbara provides exceptional customer service and market knowledge. Call 203-520-6930 to discuss your needs and housing dreams.
All data and information provided on this blog is for informational purposes only. Barbara Altieri makes no representations as to the accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from its display or use.
Shelton CT Condo Market Report ~ October 2011 ~ Shelton CT Real Estate
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