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Thomaston CT Real Estate Sales Report for January 2012

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

January 2012 Real Estate Sales Report for Thomaston CT

Currently in Thomaston CT there are 37 active residential listings for sale, with 4 new listings being added in January. The homes for sale in Thomaston CT range from a 768 square ft, 2-bedroom ranch, listed at $65,000 to a 1,943 square ft, 2 bedroom, contemporary cape listed at $509,000.

 

 

Thomaston CT Real Estate sales

 

The average list price of the homes currently available for sale in Thomaston CT is $209,400. The average days on market for these homes is 40 days. In addition, there are currently 3 homes under contract in Thomaston CT, two of which went under contract in January.

 

 

 

In January 2 homes closed in Thomaston CT. They were a 2,136 square ft, 4-bedroom cape, which sold for $59,000 as a ‘Handy Man special, to a 1,372 square ft, 3-bedroom, REO multi-level which sold for $153,734. Average  DOM of 63 days.

 

By comparison, there were 4 closings in Thomaston CT for the month of January 2011, with an average price of $251,875 and avg. days on market of 89.

 

For the year 2011, the market sales or absorption rate was 4 sales per month, with an average sales value of $186,471 and average days on market of 97. The current inventory of homes is equivalent to a 10-month inventory.

 

 

 

There are currently 7 active condos for sale Thomaston CT. They range in price from $254.900 for a 2,007 sq ft, 3 bedroom, town-house condo to $89,800 for a 1 bedroom, 795 sq ft town ranch style unit. Average days on market for condos is 146.

 

There is a 1,260 2-bedroom, town house style condo currently under contract in Thomaston CT. No condos closed in Thomaston CT in the month of January.

 

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 Thomaston 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 Thomaston CT.

 

January 2012 Real Estate Sales Report for Thomaston CT

 

 

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Ed, you are so right that sellers need to have their home priced to reflect current or recent sales activities...it could be the difference between getting the home sold and having it languish on the market for months or years.

Feb 24, 2012 11:27 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Right on, Nick! Supply and demand at its most basic. :) Good luck, Ed!

Feb 24, 2012 11:39 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Nick, slowly but surely sellers are catching on that price is key and overpriced doesn't help.

Laura, thanks for stopping and the basics of economics are always important

Feb 24, 2012 08:35 PM
Al & Peggy Cunningham, Brokers
RE/MAX West Realty Inc., Brokerage - Brampton, ON
Our Family Wants To Help Your Family!

Ed, you are very regular posting these market reports for Watertown, Prospect, Waterbury, Cheshire, Wolcott, Middlebury, Naugatuk and Thomaston. Obviously you know the market and are to go to guy for Buyers and Sellers there!

Feb 24, 2012 09:48 PM