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Trumbull CT Real Estate Market Report and Homes Sold September 2013

By Barbara Altieri

Real Estate Agent with Better Homes and Gardens RE Shore and Country Properties RES.0781237

October 24, 2013 06:40 AM

The Trumbull CT real estate market report for September 2013 showed a 19% decrease in sales as compared to the same period last year. Sales were also down significantly from last month, but August was definitely a banner month. See previous reports below.

However, listing and sales averages for September 2013 both INCREASED 21%. The median price was UP 15%.

Days on the market went DOWN 6% AND market absorption came in with a 6.80 months supply of homes, back into a buyer's market statistically.

Trumbull CT September 2013 Real Estate Market Report

What is currently 'on sale' in Trumbull?

Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

Futures are still looking good with 46 homes under deposit and 39 homes under contract. October is shaping up to be a better month with 27 sales already recorded as of the date of this report.

Homeowners, if you are thinking of selling, take advantage of a complimentary FREE market analysis on your Trumbull home today.

The sweet spot for sales in September 2013 again landed in the $300K-$400K range -- which continues to be a favorite price range in Trumbull! If you are a seller in this range, get your home prepared to sell with effective pricing, staging, and marketing and you should have a quick sale!

What houses attracted buyers and sold in Trumbull CT in Seotember 2013?

Trumbull CT September 2013 Homes Sold
(as recorded in the Greater Fairfield County MLS as of October 13, 2013)

Trumbull CT September 2013 Homes Sold

The absorption TREND, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 3.54 months for the last three months.

It is VERY important to note that the absorption rate is calculated on all price points. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

The success in selling your house in TRUMBULL or any other community is dependent upon accurate pricing, effective staging, absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four.

CONTACT ME for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.

Date Source: Greater Fairfield County Multiple Listing Service -- October 13, 2013. No representation or warranty is made to the accuracy of this information.