Easton Market Trends January 2013
Easton is still a Buyer’s Market with 8.7 months of inventory (the 12 month figure is used for Absorption Analysis). Two of the most recent market trends are in the direction of a stronger market – more homes are selling and the inventory is slightly lower. However, prices are still declining.
In retrospect, it still looks like Easton’s real estate market hit bottom in January 2012, but the recovery is rocky compared to other lower Fairfield County towns and there is still a lot of inventory on the market compared to towns with similar price points such as Fairfield (6.4 months of inventory).
EASTON INVENTORY
EASTON SALES
HOTTEST HOMES IN EASTON
What homes are most in demand by buyers in Easton? The sweet spot in the market is for 4 bedroom homes with a list price of $550,000-575,000. They tend to be on the market only 101 days and sell for 96% of list price.
Originally posted at: www.fairfieldcountyshoreline.com
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