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Easton Connecticut Real Estate Market Trends Report - September 2012

By
Real Estate Agent with William Raveis Real Estate RES.0772823

EASTON

Market Trends

September 2012

Easton Connecticut Real Estate Market Trends - September 2012

Easton is still a Seller’s Market with 14.7 months of inventory (the 12 month figure is used for Absorption Analysis).  The market trends are mixed.  There is good news in the Average Days on Market decreasing.  The Average List to Sales Price is good at 95%.  However, after it looked like prices were going up in the Spring market, over the past three months (July-September), prices have come down.

In retrospect, it looks like Easton’s real estate market hit bottom in Q1 2012, but the recovery that was underway looks uncertain.  Will the market pick up again or will we experience a double dip?

EASTON INVENTORYEaston Connecticut Inventory - September 2012

EASTON SALES

Easton Connecticut Sales - September 2012

HOTTEST HOMES IN EASTON

What homes are most in demand by buyers in Easton?  The sweet spot in the market is for 3 bedroom homes with a list price of $475,000-500,000.  They tend to be on the market only 73 days and sell for 95% of list price.

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