PROSPECT CT REAL ESTATE MARKET REPORT - FEBRUARY 2011
More homes available for sale is good for buyers looking to purchase a home in Prospect CT. Sellers, the increase in competition means that you must price your home correctly and prepare it to be seen in the best possible light in order to attract not only buyers’ attention, but also offers.
|
|
1/2011 |
12/2010 |
1/2010 |
|
Active Listings |
57 |
49 |
45 |
|
New Listings |
9 |
9 |
6 |
|
Av. Listing Price |
$335,690 |
$329,879 |
$310,753 |
|
Av. Sq. Ft. |
2253 |
2225 |
2064 |
|
Av. DOM |
173 |
184 |
|
|
Homes Sold |
3 |
9 |
2 |
|
Av. LP – Homes Sold |
$188,800 |
$222,744 |
$224,950 |
|
Av. SP – Homes Sold |
$173,833 |
$212,167 |
$205,250 |
|
Av. DOM – Homes Sold |
102 |
107 |
294 |
|
SP/LP Ratio |
92% |
95% |
91% |
|
Absorption Rate |
6.17 |
6.33 |
7.5 |
|
Months of Inventory |
9 |
7.74 |
6 |
The single family Prospect CT homes for sale range from a 672 sq. ft. 2 bedroom ranch being offered for $25,000 to a 5305 sq. ft. 4 bedroom colonial being offered for $669,900. Here's a breakdown of the Prospect CT homes for sale prices:
You can search for Prospect CT homes for sale by visiting William’s Places!
Homes that sold in Prospect CT in the month of January ranged from a 1304 sq. ft., 3 bedroom split-level ranch that sold for $170,000 to a 1056 sq. ft., 3 bedroom ranch that sold for $176,500.
These were the 3 houses that won the Prospect CT real estate market homes sold contest:
Looking to relocate to Prospect CT? Visit Looking For A Reason to Move-Destination: Prospect CT
For more information about Prospect CT, you can visit the following:
Prospect CT Real Estate - Market Update - prior Prospect CT market reports
Prospect CT Pumpkin Festival - January 24 2009
Ready to buy or sell a home in Prospect CT? Give me a call at (203) 558-7463 or send me an e-mail to request a free market analysis for your Prospect CT home. I look forward to discussing with you Prospect CT houses for sale.
© William James Walton, Sr. Market Report data provided by CTMLS. All data is accurate but not guaranteed at time of publication.
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