Easton Connecticut Market Trends Report - March 2012

Easton, Connecticut home sales are still in in a Buyer's Market. As you can see from the graph above, the Average Number of Homes Sold per Month has slowe to 3.7 homes. Months Supply on Market was rising, but has leveled off over the the past three months. Both Average List Prices and Average Sales Prices have declined over the past year. It would take 22.3 months to sell off all the inventory on the market (based on the 12 month rate). This means only about a quarter of the homes on the market at present will sell during the typical six month listing period.

The areas in yellow show a leveling off in terms of Average Number of Homes Sold per month and for the Months Supply on Market. The areas in green show positive trends towards a more balanced market, unfortunately Average Days on Market has increased in the past three months and the increase in Average List to Sales Price is minimal.

re interested in buying or selling a home in Easton, Connecticut, please call Gail Robinson, REALTOR, 203-521-0768.