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 would take to sell the entire inventory at the same pace, came in at 7.09 for the last three months. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.
The roller coaster year-to-date comparison below shows 2010 sales generally higher with a slight downward coast at the end.
220 sales were recorded for 2009; 273 sales for 2010 showing a 24% INCREASE in sales over last year. Of course, the homebuyer tax credit had a little something to do with the boost in sales as is evident in June.
There are currently 14 houses with accepted offers and 26 pending sales (under contract).
Check Shelton homes for sale to browse the latest inventory.
The success in selling your house in Shelton or any other community is dependent upon accurate pricing, effective staging, absorption rate for your particular price point, and having an omnipresent 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.
Shelton CT Single Family Market Report for December 2010
Date Source: Greater Fairfield County Multiple Listing Service -- January 5, 2011. No representation or warranty is made to the accuracy of this information.
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