The Trumbull CT real estate market report for October 2013 showed a 86% INCREASE in sales as compared to the same period last year.   Listing and sales averages for October 2013 were relatively flat at 1%. The median, however, INCREASED  16%.    

Days on the market went DOWN 17% AND market absorption came down significantly with a 3.71 months supply of homes, back into a seller's market statistically.  A sales increase and inventory decline brought the supply rate back into the seller's market with less than 6 month's supply of homes.

What is currently 'on sale' in Trumbull?

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Futures are still looking good with 35  homes under deposit and 41  homes under contract. 

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 October 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 October 2013?

Trumbull CT October 2013 Homes Sold
(as recorded in the Greater Fairfield County MLS as of November 9, 2013)  

The absorption TREND, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 4.15 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.  

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 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 -- November 9, 2013. No representation or warranty is made to the accuracy of this information.

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Trumbull CT Real Estate Market Report and Homes Sold October 2013