SHELTON
Market Trends Report
March 2012
The Shelton, Connecticut real estate market has continued to show signs of picking up within the past 3 months. The 3 month comparison shows that sale prices are on the rise.
The amount of inventory that the market can absorb has decreased over the past 3 and 6 months. We use the 12 month absorption rate (see chart abover) to determine inventory absorption, which means that it would take about 12 months to sell every home currently on the market in Shelton.
Although it is still a Buyers Market in Shelton, the absorption rate is in line with many other Fairfield County towns. The amount of green on the chart is a good sign and has more positive indicators than many other towns in Fairfield County.
If you are thinking of buying or selling in Shelton, Connecticut, please call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
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