shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - January 2016
- 02/24/16 07:44 AM
Shelton CT single family home sales for January 2016 decreased 30% as compared to January 2015 sales.
Listing and closed sales averages both INCREASED 13%, and the median went UP 29%. The closed sales average was the HIGHEST for the year. See chart below.
Inventory went down 5% which combined with the low sales rate pushed the absorption rate way up into a strong buyers market for the month. Translation: it would take 10.79 months to sell off the present inventory of 151 homes. See the three month trend below for a more accurate absorption rate.
Going forward, there are 37 homes … (1 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - April 2015
- 05/22/15 07:15 AM
Shelton CT single family home sales were down 22% as compared to the same period last year.
Listing and closed sales averages each took a 3% dip as well with a the median decreasing 18%.
Days on the market went up 19%.
Inventory was up 23% from last month, which with lower sales, raised up the absorption rate to 9.71 months, meaning it would take 9.71 months to sell off the present inventory of 165 homes. This is statistically a buyers market.
Going forward, there are 58 homes under deposit and 24 homes pending. Some good news there!
Thinking of Buying or Selling in … (3 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - February 2015
- 03/23/15 06:35 AM
Shelton CT single family home sales were UP 400% over the same period last year. Yes, that's right.... 400% ... but sales in February 2014 were the lowest in years. Bad weather.... slow sales.
We have been having a particularly harsh winter here in CT so the February numbers are exceptionally good.
Listing and closed sales averages were UP 14% and 16% respectively, even with a very low outlier of $27,000 as the low sale, while the median went UP 21%.
Days on the market went up 17%.
Inventory was up 15% from last month, which … (2 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - January 2015
- 02/12/15 05:48 AM
Shelton CT single family home sales were UP 43% over the same period last year.
Listing and closed sales averages were UP 3% and 4% respectively while the median went down 12%.
Days on the market went up 28%.
The supply of homes came in at 4.85, meaning it would take 4.85 months to sell off the present inventory of 97 homes. This is statistically a sellers market.
Going forward, there are 28 homes under deposit and 24 homes pending.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
… (3 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - January 2015
- 02/12/15 05:48 AM
Shelton CT single family home sales were UP 43% over the same period last year.
Listing and closed sales averages were UP 3% and 4% respectively while the median went down 12%.
Days on the market went up 28%.
The supply of homes came in at 4.85, meaning it would take 4.85 months to sell off the present inventory of 97 homes. This is statistically a sellers market.
Going forward, there are 28 homes under deposit and 24 homes pending.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
… (3 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - December 2014
- 01/15/15 04:20 AM
Shelton CT single family home sales ended UP in a good place overall for December 2014.
Sales were UP 16% over the same period last year.
Listing and closed sales averages were UP 21% and 22% respectively and the median was UP 38%.
Days on the market were up 25%.
The supply of homes went down 19% from last month resulting in a downward 3.72 month supply of homes, which is statistically a sellers market.
Going forward, there are 19 homes under deposit and 33 homes pending.
Thinking of Buying or Selling in Shelton CT? SEARCH … (4 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - November 2014
- 12/10/14 06:28 AM
Single family home sales in Shelton CT for November 2014 were UP 39% over the same period last year.
Listing and closed sales averages were both down 6% but the median went UP 8%.
November 2014 home sales were UP 6% over November 2013 results. Days on the market were up 44%.
The supply of homes went down significantly from last month resulting in a downward 4.19 month supply of homes, which is statistically a sellers market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Shelton CT November 2014 Homes … (1 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - October 2014
- 11/07/14 01:33 AM
Sales were up. Averages were up. Days on the market were down. All positive news for the Shelton CT real estate market.
October 2014 home sales were UP 3% over October 2013 results and the listing average was UP 2% and selling average was UP 3%. Days on the market were down 8%.
The supply of homes went down a bit from last month resulting in a 6.37 month supply of homes, which is statistically a buyers market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Shelton CT October 2014 Homes … (1 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - September 2014
- 10/14/14 05:12 AM
Shelton CT September 2014 home sales were exactly on par with home sales in September 2013 -- Tied at 29.
By comparison to 2013 statistics, listing and selling averages went up just slightly (Under 1%). The median home price was off 3%.
September sales were UP 16% from August 2014 sales. See annual sales chart below.
Days on the market went down 7%. The supply of homes went down from last month resulting in a 6.86 month supply of homes, which is statistically a buyers market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes … (2 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - August 2014
- 09/17/14 12:35 PM
Shelton CT August 2014 home sales showed a 32% decrease in sales when compared with August 2013.
Listing and selling averages were both down 33% and the median home price was off by 25%. (See home sales ranges below for further explanation)
Days on the market went down 22%. Well, there's some good news. Inventory stayed about the same, but with the lower sales, the supply of homes went up significantly and deeper into a buyer's market, statistically at 8.16 months.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Shelton CT August 2014 … (6 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - July 2014
- 08/21/14 08:07 AM
Shelton CT July 2014 home sales showed a 9% decrease in sales when compared with July 2013 but matched June 2014 with 37 sales for the month. See annual chart below.
The July 2014 market report as compared to the same period last year showed a 20% decrease in both listing and selling averages and the median home price was off by 25%. (See home sales ranges below for further explanation)
Days on the market were flat. Inventory went down slightly contributing to a slightly less than six month supply of homes which statistically translates to a seller's market.
… (0 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - June 2014
- 07/13/14 11:48 AM
Shelton CT Real Estate Market Report and Homes Sold - June 2014
Shelton CT home sales continued to be on the upswing in June 2014 with an 42% INCREASE over May sales continuing a four-month upward trend in sales!
The June 2014 Shelton CT market report as compared to the same period last year registered a healthy 19% INCREASE in sales over the same period last year. Both listing and selling averages remained relatively flat with the median dropping only slightly (2%) Days on the market went down 6%.
Thinking of Buying or Selling in Shelton CT? SEARCH … (3 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - May 2014
- 06/23/14 07:31 AM
Shelton CT Real Estate Market Report and Homes Sold - May 2014
Shelton CT home sales again were on the upswing in May 2014 with an 18% INCREASE over April sales. Inventory has been on the rise which is welcomed by prospective buyers.
The May 2014 Shelton CT market report as compared to the same period last year registered a 3% decrease (one sale). Averages increased with both list and selling up 5% followed by a median increase of 6%. Days on the market went down 6%.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Shelton CT May 2014 … (0 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - April 2014
- 05/26/14 11:17 AM
Shelton CT Real Estate Market Report and Homes Sold - April 2014
Shelton CT home sales again rebounded in April 2014 with a 29% INCREASE over March sales. The warmer weather and still low interest rates are bringing even some of the fence sitters out.
The April 2014 Shelton CT market report as compared to the same period last year registered a 47% INCREASE in sales, followed by a 2% INCREASE in average list price and a basically flat selling price average. The median was up 7% and days on the market just up slightly at 4%.
Thinking of Buying or Selling … (1 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - March 2014
- 04/26/14 03:43 AM
Shelton CT Real Estate Market Report and Homes Sold - March 2014
Shelton CT home sales rebounded in March 2014 with a considerable increase over the low February sales. Weather is improving and along with that homes under deposit and under contract continue to go up. New listings are also up about 20% as well bringing more buyers out of hibernation.
The March 2014 Shelton CT market report as compared to the same period last year is still not strong; but as mentioned above, the futures of 41 homes under deposit and 29 under contract are very positive indeed.
… (2 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - February 2014
- 03/14/14 07:16 AM
Shelton CT Real Estate Market Report and Homes Sold - February 2014
We have had some particularly frigid and harsh weather here in CT this winter. Taking that into consideration along with low inventory and higher mortgage rates, Shelton CT experienced a slow month for real estate closings in the month of February 2014.
It's been tough showing homes since last November with all the snow and ice. Further, sellers have been holding back on listing their homes until it warms up keeping the inventory static.
Buyers want to see more homes before purchasing and they are waiting for new … (4 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - January 2014
- 02/10/14 10:29 AM
Shelton CT Real Estate Market Report and Homes Sold - January 2014
The Shelton CT real estate single family market report results for January 2014 showed a 22% decrease in sales as compared to Jauary 2014.
Average list and closing prices were relatively flat at 1% each but the median did a lot better with a 6% INCREASE.
Days on the market went DOWN 9%.
Market absorption for the month registered at 9.12 months, meaning it would take 9.12 months to sell off the present inventory pushing the Shelton market way up into a buyer's market again, the highest rate in many months. Inventory remained the same from the … (4 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - December 2013
- 01/13/14 08:51 AM
Shelton CT Real Estate Market Report and Homes Sold - December 2013
The Shelton CT real estate single family market report results for December 2013 showed a 7% decrease in sales as compared to December 2012.
However, average list and closing prices INCREASED 11% and 9% respectively with the median dipping slightly at 2%.
Days on the market went up 1%.
Market absorption for the month registered at 5.16 months, meaning it would take 5.16 months to sell off the present inventory pushing the Shelton market back into a seller's market. Inventory is LOW.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
… (5 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - November 2013
- 12/08/13 09:40 AM
Shelton CT Real Estate Market Report and Homes Sold - November 2013
The Shelton CT real estate single family market report results for November 2013 showed an 8% decrease in sales as compared to November 2012.
However, average list and closing prices both INCREASED 15% with the median going up 4%.
Days on the market went up 2%.
Market absorption for the month registered at 6.74 months, meaning it would take 6.74 months to sell off the present inventory pushing the Shelton market back into a buyer's market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
The sales range … (4 comments)
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shelton real estate: Shelton CT Real Estate Market Report and Homes Sold - October 2013
- 11/09/13 09:40 AM
The Shelton CT real estate single family market report results for October 2013 continues to show sales improvement over 2012 results.
October 2013 single family home sales in Shelton CT INCREASED 21% as compared to October 2012.
Average list and closing prices decreased 10% and 8% respectively while the median decreased 4%.
Days on the market were flat.
Market absorption for the month registered at 5.76 months, meaning it would take 5.76 months to sell off the present inventory and is still statistically in a seller's market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
… (3 comments)
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