PROSPECT CT-REAL ESTATE MARKET REPORT - JANUARY 2012
Prospect CT-Real Estate Market Report - January 2012 Sales prices jumped dramatically in Prospect in comparison to last month and last year. A look at the homes sold graph shows that most of the homes did net at least 90% of their asking price. Sellers, if you correctly price your home based on its condition, then buyers will definitely want not only to see the home, but to make an offer on it.
|
|
12/2011 |
11/2011 |
12/2010 |
|
Active Listings |
58 |
73 |
49 |
|
New Listings |
4 |
13 |
9 |
|
Av. Listing Price |
$306,517 |
$308,182 |
$329,879 |
|
Av. Sq. Ft. |
2058 |
2088 |
2225 |
|
Av. DOM |
185 |
154 |
184 |
|
Homes Sold |
12 |
4 |
9 |
|
Av. LP – Homes Sold |
$258,354 |
$179,925 |
$222,744 |
|
Av. SP – Homes Sold |
$250,962 |
$163,450 |
$212,167 |
|
Av. DOM – Homes Sold |
95 |
116 |
107 |
|
SP/LP Ratio |
96% |
88% |
95% |
|
Absorption Rate |
5.5 |
4.33 |
6.33 |
|
Months of Inventory |
10.5 |
17 |
7.74 |
Thesingle family Prospect CT homes for sale range from an 840 sq. ft. 2 bedroom mobile home being offered for $20,000 to a 5000 sq. ft. 5 bedroom colonial being offered for $775,900. Here's a breakdown of the Prospect CT homes for saleprices:
Most of the homes for sale in Prospect CT are rather affordable, with 40% of the homes being under $300,000.
You can search forProspect CT homes for sale by visiting William’s Places!
Homes that sold in Prospect CT in the month of December ranged from a 1672 sq. ft., 3 bedroom mobile home that sold for $84,000 to a 2600 sq. ft., 4 bedroom colonial that sold for $432,144.
These were the 12 houses that won the Prospect CT real estate market homes sold contest in December:
Looking to relocate to Prospect CT? VisitLooking 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 - July 24 2009
For more details about the Prospect CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale.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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