Trumbull CT Single Family Real Estate Market Report ~ February 2012

 

Trumbull CT single family home sales were sceaming in February -- UP 111.11% over February 2011.  That's certainly positive news for the Trumbull housing market.

List and selling prices decreased 6% and 7% respectively with the median going down 11%.

Days on the market went DOWN 25%.  Houses are moving!

    What's selling in Trumbull CT February 2012

 

 

 Now here's some really great news.  Moving forward, there are 25 homes under deposit and 49 homes under contract! March and April sales numbers should be fantastic as well. 

Trumbull is on the move.  Be a part of the action. 

Homeowners, if you are thinking of selling, take advantage of a complimentary market analysis today.

Buyers, better get on the wagon. With still low interest rates and housing prices showing stability, there may not be another time like this to purchase for a very long time. 



The sweet spot for sales in February 2012 was in the $200K-$300K range, with sales historically more centered in the $300K-$400K range; hence, the lower list and selling averages.

 

Home sold in Trumbull CT in February 2012

 

What houses sold in Trumbull CT in February 2012?

 

Trumbull CT February 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS)

Trumbull CT February 2012 Property Transfers

 

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 7.95  months for the last three months.

This absorption rate is calculated on all price points.  If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.  

Trumbull CT Homes for Sale Absorption trend

 

Once again, going forward into March there are 25 homes under deposit and 49 pending sales (under contract).


 Trumbul CT 2011-2012 Home Sales

 

 

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)



 

 

 

The success in selling your house in TRUMBULL or any other community is dependent upon accurate pricing, effective staging, absorption rate for your particular price point, and having a strong online marketing presence.  A house will sell if there is a synergy among all four.  

CONTACT ME  for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide  the same marketing services.  


Date Source: Greater Fairfield County Multiple Listing Service -- March 6, 2012. No representation or warranty is made to the accuracy of this information.

 

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)



Previous reports

 

 Trumbull CT Single Family Real Estate Market Report ~ February 2012

 

  

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Barbara Altieri, REALTOR
Listing and Buyer's Agent
Certified Short Sales Specialist
RealtyQuest Real Estate Sales and Services
30 Huntington Street, Shelton CT 06484
203.929.1752

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This post has been included in Connecticut Real Estate News Fairfield County, CT Real Estate News Trumbull, CT Real Estate News
Post is included in group: Market Reports
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4 Comments on Trumbull CT Single Family Real Estate Market Report ~ February 2012

MAR
07
2012
1,362,336 Points 244 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Barbara, WOW I have not heard of an increase anywhere near that before.  Can you imagine if it did the same thing in March?
6:05pm • #1
1,157,975 Points 29 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Barbara that is wonderful news.   I see you are getting closer to a balance market; we are still in the double digits.
6:13pm • #2
MAR
08
2012
478,758 Points 15 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

George -- That would be awesome for Trumbull, George. With the 49 pendings, that's certainly possible.

Jennifer - We have been bouncing up and down in the absorption.  Still, though, you are right. We are much closer to a balanced market than we've been for a very long time.
12:48pm • #3
MAR
16
2012
798,406 Points 80 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Barbara, you give a great market report for all Trumbull residents to enjoy and understand...hope the bounce continues as that shadow inventory for CT looks big coming at you.
5:24am • #4

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Author Bio: Barbara Altieri, CT REALTOR®, helps Fairfield and New Haven County buyers and sellers successfully navigate through a real estate transaction. A proven sales and marketing professional, Barbara provides exceptional customer service and market knowledge. Call 203-520-6930 to discuss your needs and housing dreams.


 

 

 

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All data and information provided on this blog is for informational purposes only. Barbara Altieri makes no representations as to the accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from its display or use.



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