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Middlebury CT Real Estate - Market Update June 2009

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956

These are the latest statistics for the Middlebury CT real estate market for the month ending on May 31, 2009:

Active Listings

88

New Listings

4

Average List Price

$534,030

Median List Price

$482,000

Average Sq. Ft.

2666

Median Sq. Ft.

2493

There are 88 active listings, and 4 new homes for sale in Middlebury within the last 30 days.  Here's a breakdown of the prices of the homes for sale in Middlebury:  

List Price

Houses

%

 

2

2

200,001-300,000

13

15

300,001-400,000

22

25

400,001-500,000

10

11

500,001-600,000

12

14

600,001-700,000

9

10

>700,001

20

23

Price RangeAnd here are the new homes available for sale in Middlebury, CT:

Address

L/Price

ADOM

56 RAVENWOOD DR

619,000

 

115 RICHARDSON DR

359,900

 

96 TUCKER HILL

699,000

 

71 WOOSTER RD

899,000

5

 Now, for a look at what has sold in the area: 

Closed Listings - 11

Average

Median

 Days on Market

73

58

List Price

$382,918

$359,900

Sale Price

$358,872

$350,000

Sq. Ft.

2040

1930

LP/Sq. Ft.

$193.82

$191.14

SP/Sq. Ft.

$181.68

$187.01

SP/LP Ratio

93%

95%

Middlebury had a very good month in May for home sales. None of the homes that were sold were on the market for longer than 6 months; the majority of them remained on the market for only two and a half months on average. The average price for homes that sold still remains significantly below the average listing price for homes for sale in Middlebury. The interesting thing is that only one of the homes that sold in Middlebury during the month of May was priced over $500,000.

These were the houses that won the homes sold contest in Middlebury:   

Address

L/Price

S/Price

DOM

496 CHARCOAL AVE

699,000

670,000

6

64 JOY ROAD

224,900

188,000

78

2 KIMBERWICK CT

370,000

358,500

58

11 KIMBERWICK CT

359,900

350,000

78

17 NANTUCKET

475,000

445,000

145

396 REGAN RD

289,000

290,000

175

30 SANDY HILL RD

525,000

462,500

45

17 WESTWOOD DR

425,000

370,000

4

249 WHEELER RD

319,900

313,600

164

283 WHITE AVENUE

229,900

220,000

29

114 YALE AVE

294,500

280,000

22

List vs. Sales Price

Days on Market                 

Prior Middlebury CT Market Reports:   

Middlebury CT Market Update May 2009                                      Middlebury CT Market Report April 2009

                       

 

 

 

 

 

 

Posted by

Greater Waterbury CT Real Estate FaceBook William James Walton, Sr. on LinkedIn William James Walton, Sr. on Twitter William  James Walton's videos on YouTube 

 

 

 

Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

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