shelton ct property transfers: Shelton CT Single Family Market Report | August 2011 | Shelton CT Real Estate - 09/05/11 06:04 AM
Shelton CT Single Family Market Report | August 2011 | Shelton CT Real Estate
 
Shelton CT single family home sales for August 2011 took a little dip since last month but was exactly on par compared to sales in August 2010.

 
 
A comparison to the same period last year shows a 13% and 12% decrease in list and sales prices.  August 2010 solds had  outliers  -- a high 'low' and a high 'high' bringing the averages up.  
The median, not affected by outliers, showed a 6% decrease as compared to August 2010.  Days on the market SUBSTANTIALLY … (9 comments)

shelton ct property transfers: Shelton CT Condo Market Report ~ July 2011 ~ Shelton CT Real Estate - 08/05/11 09:37 AM
Shelton CT Condo Market Report ~ July 2011 ~ Shelton CT Real Estate
WOW!!  ANOTHER strong month in condo sales in Shelton CT. 
Condo sales in Shelton CT for July 2011 were up 225% compared to the same period last year.  
 

 
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 property transfers: Shelton CT Single Family Market Report ~ July 2011 ~ Shelton CT Real Estate - 08/04/11 02:13 PM
Shelton CT Single Family Market Report ~ July 2011 ~ Shelton CT Real Estate
 
Shelton CT single family home sales for July 2011 continue to be in an upward trend since April.  Sales were up 14% since June.

A comparison to the same period last year shows a 25% decrease in sales.   July 2010 was the month after the homebuyer tax credit ended, so there was a residual increase in sales making it definitely a statistical outlier.  

 
Take a look at the averages.   List and selling prices continue to INCREASE.  This month they went UP 15% and 17% respectively.  
The median home … (7 comments)

shelton ct property transfers: 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)

shelton ct property transfers: Shelton CT Single Family Real Estate Market Report for June 2011 - 07/03/11 12:37 PM
Shelton CT Single Family Real Estate Market Report for June 2011

Shelton CT single family home sales for June 2011 were exactly on par with May 2011 in number of sales.
  

Let's take a look back to June 2010.  What was happening there?  Well, that was the expiration of the homebuyer tax credit, which artificially boosted sales with there being some residual going into July 2010. Now, that credit also boosted the selling prices a bit as well.
However, take a look at the June 2011 prices compared to June 2010.
 

 
Average list and selling prices … (2 comments)

shelton ct property transfers: Shelton CT Condo Market Report ~ May 2011 ~ Shelton CT Real Estate - 06/12/11 02:37 PM
Shelton CT Condo Market Report ~ May 2011 ~ Shelton CT Real Estate
Condo sales in Shelton CT for May 2011 were up 33% compared to the same period last year.     

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 property transfers: Shelton CT Single Family Real Estate Market Report for May 2011 - 06/11/11 08:23 AM
Shelton CT Single Family Real Estate Market Report for May 2011

Shelton CT single family home sales for May 2011 were off 30% from the same period last year. 
Further analysis of the dropoff in number of houses sold in May 2010 compared to May 2011 is directly attributed to the expiration of the homebuyer tax credit in June 2010. Sales in May 2010 were artificially inflated due to the credit and will be much the same with the June numbers. 
Average list and selling prices INCREASED 11.48% & 10.64% respectively.  
The median home price was UP 15% from the … (5 comments)

shelton ct property transfers: 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 property transfers: Shelton CT Single Family Real Estate Market Report for April 2011 - 05/05/11 03:35 AM
Shelton CT Single Family Real Estate Market Report for April 2011

Shelton CT single family home sales for April 2011 were off 21% from the same period last year.  Average list and selling prices also declined 10% & 11% respectively.  
Looking further at the numbers shows more than half of the sales were in the $200-$300K range while 61% of the April 2010 sales were in the $300-$400K range; hence explaining the dropoff in the averages.
Days on the market stayed relatively flat with a 2% decrease at 92 days showing houses likely priced well and in good condition can sell … (2 comments)

shelton ct property transfers: 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 property transfers: Shelton CT Single Family Market Report for March 2011 - 04/05/11 04:46 AM
Shelton CT Single Family Market Report for March 2011

 
Shelton CT single family home sales for March 2011 went UP 9% from the same period last year, but --  even better -- sales are up 85% from just last month (Feb=13; March=24) . 
Averages were all down due to the 46% of March sales being below $200K.  See property transfers below.  Market time went down 10% from the same period last year.


Shelton CT March 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS)

The hot spot this month was totally embedded in the lower end of … (4 comments)

shelton ct property transfers: 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 property transfers: Shelton CT Single Family Market Report for February 2011 - 03/04/11 01:02 PM
Shelton CT Single Family Market Report for February 2011

 
Shelton CT single family home sales for February 2011 went UP 18% from the same period last year.  Averages list and selling prices went down 10% and 12% respectively, while the median sales price remained relatively flat at 3% decrease.   See property transfers below.


Shelton CT February 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS)

The favorite 'hot spot' over the course of the last few months has been in the $200K-$300K range as it is for February with 38% of sales.
 
The absorption trend, … (3 comments)

shelton ct property transfers: 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.

 
Take a look at the … (7 comments)

shelton ct property transfers: Shelton CT Single Family Market Report for January 2011 - 02/07/11 12:18 PM
Shelton CT Single Family Market Report for January 2011

Shelton CT single family home sales began the year down from the same period last year.  Averages were considerably lower since the bulk of sales fell below $300K.   See property transfers below.

Shelton CT January 2010 Property Transfers
(as recorded in the Greater Fairfield County MLS)

More than half of the sales were under $300K. The usual hotspot is typically in the $250-350K range.
 
The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 9.37 for the last three months.   If … (2 comments)

shelton ct property transfers: Shelton CT Condo Market Report for December 2010 - 01/21/11 01:19 PM
Shelton CT Condo Market Report for December 2010
(Yes, I know I am late in posting this month.  Sorry.)

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 property transfers: Shelton CT Single Family Market Report for December 2010 - 01/07/11 10:28 AM
Shelton CT Single Family Market Report for December 2010

Shelton CT single family home sales ended up the year with a weak finish for the month in total sales.  Averages were considerably lowered by multiple sales under $100K.   See property transfers below.

 So more than half of the sales were under $300K. The usual hotspot is typically higher -- in the $250-350K range.

 
Following are the Shelton, CT property transfers for single family homes for December 1 - December 31 recorded as of January 5, 2011 .  

 
The absorption trend, which shows the number of months it … (10 comments)

shelton ct property transfers: 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 property transfers: 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 property transfers: Shelton CT Single Family Market Report for October 2010 - 11/10/10 08:53 AM
Shelton CT Single Family Market Report for October 2010

Shelton CT single family home sales, including Huntington and White Hills,  matched October, 2009 -- 23 to 23. 
The average list and selling prices decreased 8 and 9% respectively. The median price decreased only 3% from the same period last year.  Days on the market went down 11% percent.
 

Where were all the single family sales for the month of October in Shelton?  The hot spot was in the $200-300K range, accounting for 39% of sales. 

 
Following are the Shelton, CT property transfers for single family homes for October 1-October 31 recorded … (0 comments)

 
Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale (Better Homes and Gardens RE Shore and Country Properties)

Barbara Altieri

REALTOR-Fairfield County CT Homes/Condos For Sale

Shelton, CT

More about me…

Better Homes and Gardens RE Shore and Country Properties

Address: 30 Huntington Street, Shelton, CT , 06484

Mobile: (203) 520-6930

Office: (203) 656-4993

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.



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