December 2010 Real Estate Sales Report for Middlebury CT
Currently in Middlebury CT there are 65 active residential listings for sale, with 3 new listings being added in December. The homes for sale in Middlebury CT range from a 1,330 square ft, 2-bedroom cape listed at $149,390 to a 3,928 square ft, 4-bedroom, country estate listed at $2,125,000.
The average list price of the homes currently available for sale in Middlebury CT is $524,855. The average days on market for these homes is 234 days.
In addition, there are currently 8 homes under contract in Middlebury CT, with three having gone under contract in December.
In December, 5 homes closed in Middlebury CT. They ranged from a 3,513 square ft, 3-bedroom colonial, which sold for $590,000 to a 2,180 square ft, 3-bedroom ranch that sold for $250,000. Average DOM of 134 days.
By comparison, there were 6 closings in Middlebury CT for the month of December 2009, with an average price of $687,267 and avg. days on market of 81.
For the year 2010, the market sales or absorption rate was 4 sales per month, with an average sales value of $362,800 and average days on market of 117. The current inventory of homes is equivalent to a 16-month inventory.
For the year 2009, the market sales or absorption rate was 6 sales per month, with an average sales value of $410,811 and average days on market of 140.
There are currently 15 active condos for sale Middlebury CT. They range in price from $ 529,000 for a 2,471 sq ft, 2 bedroom, active Adult's only condo to $ 299,000 for a 2 bedroom, 1,700 ft, duplex style property. Average days on market for condos is 909.
There are currently four (4) condos under contract in Middlebury CT. No condos sold in the month of December in Middlebury CT.
For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.
If you would like information on homes for sale in Middlebury CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Middlebury CT.
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