Shelton CT Real Estate Market Report - March 2012


 

 

Shelton CT Real EstateMarch 2012 sales of single family homes in Shelton CT were down considerably from March 2011.  The yearly sales chart below shows March 2011 with the highest number of sales in the last year.   

 

A comparison of March 2012 sales to the two previous months shows sales steady.  There's good news, though.....read on.....

 

Compared to the same period last year, listing and sales prices both INCREASED 38% and 36% respectively.  The median was up 15%. 

 

 

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Shelton CT Single Family Market Report March 2012

 

73% of sales fell below $400K with the hot spot for sales being between $300K-$400K.  Shelton consistently fluctuates between the $200K-300K and $300-400K ranges.

Homes sold in Shelton CT in March 2012

Moving forward  there is OPTIMISTIC news with houses under deposit and pending (under contract) sales.

There are 27 homes under deposit and 41 sales pending.  That is the highest number of pending sales in the last year.  April sales should be showing a nice increase in number of units sold just based on the pending sales alone combined with the warmer weather setting in and the STILL LOW INTEREST RATES.   

 

Shelton CT Annual Home Sales Chart March 2012


 

Which houses sold in Shelton CT in March 2012?

 

Shelton CT March 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 4/4/12)

Shelton CT March 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 11.93 for the last three months.  Inventory has increased bringing the rate up considerably.

Keep in mind that this rate is for ALL houses.  If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.  

Shelton CT Homes for Sale Absorption trend

 



SEARCH for Your New Home in Shelton, CT which includes Huntington and White Hills.

 

  

The success in selling your house in Shelton or any other community is dependent upon accurate pricing, effective preparation, calculating the 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 your home effectively in today's market.

 

Thinking of selling?  Email me to get a complimentary market analysis for your Shelton home.


Date Source: Greater Fairfield County Multiple Listing Service -- April 4, 2012. No representation or warranty is made to the accuracy of this information.

 

 

Shelton CT Real Estate Market Report - March 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 Shelton, CT Real Estate News
Post is included in group: Advice for Buyers
Post is included in group: Market Reports
Post is included in group: City & State: Listings and Market Reports
Post is included in group: Advice for Sellers
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1 Comments on Shelton CT Real Estate Market Report - March 2012

APR
04
2012
1,356,628 Points 242 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Barbara I love seeing those huge increases in sales. It would be great if that trend continued for the rest of the year.
6:08pm • #1

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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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