WESTON
Market Trends Report
March 2012
The Weston, Connecticut real estate market is still trending down. The latest 3 month comparison shows that both the number of sales and sale prices are still declining.
The amount of inventory that the market can absorb is still low. We use the 12 month absorption rate (see chart above) to determine inventory absorption, which means that it would take about 14-15 months to sell every home currently on the market in Weston. This is slightly higher than most other Fairfield County towns.
Although it is still a Buyers Market in Weston, this has been an active Spring market in Fairfield County, so we hope next month's chart shows more green areas and less orange.
If you are thinking of buying or selling in Weston, Connecticut, please call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.
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