shelton ct market report: Shelton CT Real Estate Market Report and Homes Sold - February 2013
- 03/14/13 11:59 AM
Shelton CT Real Estate Market Report and Homes Sold - February 2013
Shelton CT home sales for February 2013 showed a 19% INCREASE in sales from the same period last year.
Additionally, average list and closing prices both INCREASED 2% and 5% respectively from February 2012 results.
Days on the market went up significantly at 57%, with a few significant outliers which brought the average up.
Market absorption for the month registered at 5.68 months, meaning it would take 5.68 months to sell off the present inventory. Shelton remains in a seller's market for February with inventory levels … (4 comments)
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shelton ct market report: Shelton CT Real Estate Market Report and Homes Sold - January 2013
- 02/11/13 09:44 AM
Shelton CT Real Estate Market Report and Homes Sold - January 2013
Shelton CT home sales for January 2013 showed a 21% INCREASE in sales from the same period last year.
However, average list and closing prices both declined 20% from January 2012 results.
Days on the market went DOWN 25%, which is good news for sellers.
Market absorption for the month registered at 7.00 months, meaning it would take 7 months to sell off the present inventory. The slight increase in inventory put Shelton back into a buyer's market for the month with a more than 6 month supply of homes.
… (0 comments)
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shelton ct market report: Shelton CT Real Estate Market Report and Homes Sold - December 2012
- 01/14/13 05:58 AM
Shelton CT Real Estate Market Report and Homes Sold - December 2012
Shelton CT home sales for December 2012 ended on the upside as compared to December 2011 sales AND last month's sales.
Compared to last year, sales were UP 23% and compared to November sales, they inched up 8%.
However, average list and closing prices went down from December 2011 results. Putting a little positive spin on this, there was a strong cluster of low end sales in December '12 bringing the averages down. See homes sold chart below.
Days on the market went … (5 comments)
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shelton ct market report: Shelton CT Real Estate Market Report and Homes Sold - November 2012
- 12/11/12 09:51 AM
Shelton CT Real Estate Market Report and Homes Sold - November 2012
Home sales in Shelton CT in November 2012 INCREASED 19% as compared to November 2011 sales. List and sales averages both rose a healthy 13% and 17% respectively.
Days on the market went down 23% and the median jumped 10%. All in all November 2012 was a VERY respectful month!
Market absorption for the month registered at 5.40 months, meaning, by the numbers, it would take 5.40 months to sell off the present inventory. That is statistically in the elusive 'seller's market' with a … (0 comments)
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shelton ct market report: Shelton CT Real Estate Market Report and Homes Sold - October 2012
- 11/17/12 05:44 AM
Shelton CT Real Estate Market Report and Homes Sold - October 2012
Home sales in Shelton CT in October 2012 INCREASED 28% as compared to October 2011 sales. List and sales averages both rose a whopping 46%.
Market absorption for the month registered at 7.13 months, meaning, by the numbers, it would take 7.13 months to sell off the present inventory and is still statistically in a 'buyer's market' with a greater than 6 months supply of homes.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
The 'sweet spot' … (2 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - September 2012
- 10/10/12 06:34 AM
Shelton CT Real Estate Market Report - September 2012
Home sales in Shelton CT in September 2012 INCREASED 33% as compared to September 2011 sales. List and sales averages both rose 4% as well with days on the market taking a slight plunge.
Market absorption for the month registered at 7.54 months, meaning, by the numbers, it would take 7.54 months to sell off the present inventory and is statistically in a 'buyer's market' with a greater than 6 months supply of homes.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
The $300K - … (0 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - August 2012
- 09/13/12 12:49 PM
Shelton CT Real Estate Market Report - August 2012
Last month is a tough act to follow. Shelton CT real estate sales for August 2012 showed improvement from the same period last year, but was down from a banner July 2012. Even so, at 26 homes sold for August, that number is still higher than any month in 2011.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
(Do you think Shelton bottomed out in Jan-March??)
Compared to August 2011, the average listing price INCREASED 2% and the average sales price remained flat. … (4 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - July 2012 - It's a SELLERS Market
- 08/03/12 04:58 AM
Shelton CT Real Estate Market Report - July 2012 - It's a SELLERS Market
Shelton CT Single family home sales continue to RISE.
Sales for July 2012 were the HIGHEST recorded in the last year with an INCREASE of 50% from July 2011 and a 13% INCREASE from last month.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
(Do you think Shelton bottomed out in Jan-March??)
Compared to July 2011, listing and sales prices decreased 8% and 9% respectively. The median was down 14% and days on the market went up 17%.
However … (3 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - June 2012 - Highest Sales in Past Year
- 07/08/12 12:11 PM
Shelton CT Real Estate Market Report - June 2012
Shelton CT Single family home sales were the HIGHEST recorded in the last year with an INCREASE of 48% from June 2011 and a 55% INCREASE from last month.
Compared to June 2011, listing and sales prices decreased 14% and 13% respectively. The median was down 6% and days on the market went up 17%.
However the the numbers show Shelton was in a SELLER'S market for the first time in a LONG time at 5.42 months, meaning it would take 5.42 months to sell off the present … (7 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - May 2012
- 06/05/12 10:47 AM
Shelton CT Real Estate Market Report - May 2012
Shelton CT Single family home sales for the month of May 2012 remained relatively stable, down only one sale, from the same period last year.
Compared to May 2011, listing and sales prices INCREASED 3% and 7% respectively. The median was held down 14% by a high concentration of sales in the $200K-$300K range. Days on the market went DOWN substantially with a 31% decrease. GREAT News for sellers!!
SEARCH for Your New Home in Shelton, CT which includes Huntington and White Hills.
May sales … (2 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - April 2012
- 05/05/12 12:55 PM
Shelton CT Real Estate Market Report - April 2012
Shelton CT Single family home sales for the month of April 2012 were recorded as the highest number of sales in the last year and were up 67% over March 2012 AND the same period last year (April 2011).
Compared to April 2011, listing and sales prices both decreased 24% and the median went down 7%. A much higher than usual cluster of low sales brought the averages down considerably.
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80% of sales fell below $300K. Shelton consistently fluctuates between … (2 comments)
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shelton ct market report: Shelton CT Real Estate Market Report - March 2012
- 04/04/12 08:14 AM
Shelton CT Real Estate Market Report - March 2012
March 2012 sales of single family homes in Shelton CT were down considerably from March 2011. The yearly sales chart below shows March 2011 with the highest number of sales in the last year.
A comparison of March 2012 sales to the two previous months shows sales steady. There's good news, though.....read on.....
Compared to the same period last year, listing and sales prices both INCREASED 38% and 36% respectively. The median was up 15%.
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73% of sales fell below $400K with the … (1 comments)
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shelton ct market report: Shelton CT Single Family Market Report - January 2012 - Shelton CT Real Estate
- 02/05/12 02:19 PM
Shelton CT Single Family Market Report - January 2012 - Shelton CT Real Estate
So....What's UP with the Shelton CT single family market for January 2012 which includes Huntington and White Hills? Sales were UP from the same period last year with significant increases in list and selling averages.
Sales were UP 27%.
Average list price was UP 34%.
Average selling price was UP 30%
The median home price was UP 47%.
Days on the market went up 64%. Well, that's not a good increase.
The month's market absorption came in at 11.57 months, not what we want to see. … (5 comments)
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shelton ct market report: Shelton CT Single Family Market Report - September 2011 - Shelton CT Real Estate
- 10/07/11 04:16 AM
Shelton CT Single Family Market Report - September 2011 - Shelton CT Real Estate
If you follow my monthly market reports, you know that I don't just report the numbers. I generally add in an analysis offering reasons why the numbers may be as they are.
Homes sold in Shelton CT in September 2011 have gone down from the same period last year as well as from the previous month. Let me offer a few reasons.
1) September 2010 was the closing deadline for the homebuyer tax credit. The original date was June, 30, 2010, but Congress extended it due to short … (7 comments)
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shelton ct market report: Shelton CT Single Family Market Report | August 2011 | Shelton CT Real Estate
- 09/05/11 06:04 AM
Shelton CT Single Family Market Report | August 2011 | Shelton CT Real Estate
Shelton CT single family home sales for August 2011 took a little dip since last month but was exactly on par compared to sales in August 2010.
A comparison to the same period last year shows a 13% and 12% decrease in list and sales prices. August 2010 solds had outliers -- a high 'low' and a high 'high' bringing the averages up.
The median, not affected by outliers, showed a 6% decrease as compared to August 2010. Days on the market SUBSTANTIALLY … (9 comments)
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shelton ct market report: Shelton CT Single Family Market Report ~ July 2011 ~ Shelton CT Real Estate
- 08/04/11 02:13 PM
Shelton CT Single Family Market Report ~ July 2011 ~ Shelton CT Real Estate
Shelton CT single family home sales for July 2011 continue to be in an upward trend since April. Sales were up 14% since June.
A comparison to the same period last year shows a 25% decrease in sales. July 2010 was the month after the homebuyer tax credit ended, so there was a residual increase in sales making it definitely a statistical outlier.
Take a look at the averages. List and selling prices continue to INCREASE. This month they went UP 15% and 17% respectively.
The median home … (7 comments)
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shelton ct market report: Shelton CT Single Family Market Report for March 2011
- 04/05/11 04:46 AM
Shelton CT Single Family Market Report for March 2011
Shelton CT single family home sales for March 2011 went UP 9% from the same period last year, but -- even better -- sales are up 85% from just last month (Feb=13; March=24) .
Averages were all down due to the 46% of March sales being below $200K. See property transfers below. Market time went down 10% from the same period last year.
Shelton CT March 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS)
The hot spot this month was totally embedded in the lower end of … (4 comments)
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shelton ct market report: Shelton CT Single Family Market Report for February 2011
- 03/04/11 01:02 PM
Shelton CT Single Family Market Report for February 2011
Shelton CT single family home sales for February 2011 went UP 18% from the same period last year. Averages list and selling prices went down 10% and 12% respectively, while the median sales price remained relatively flat at 3% decrease. See property transfers below.
Shelton CT February 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS)
The favorite 'hot spot' over the course of the last few months has been in the $200K-$300K range as it is for February with 38% of sales.
The absorption trend, … (3 comments)
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shelton ct market report: Shelton CT Single Family Market Report for January 2011
- 02/07/11 12:18 PM
Shelton CT Single Family Market Report for January 2011
Shelton CT single family home sales began the year down from the same period last year. Averages were considerably lower since the bulk of sales fell below $300K. See property transfers below.
Shelton CT January 2010 Property Transfers
(as recorded in the Greater Fairfield County MLS)
More than half of the sales were under $300K. The usual hotspot is typically in the $250-350K range.
The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 9.37 for the last three months. If … (2 comments)
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shelton ct market report: Shelton CT Single Family Market Report for December 2010
- 01/07/11 10:28 AM
Shelton CT Single Family Market Report for December 2010
Shelton CT single family home sales ended up the year with a weak finish for the month in total sales. Averages were considerably lowered by multiple sales under $100K. See property transfers below.
So more than half of the sales were under $300K. The usual hotspot is typically higher -- in the $250-350K range.
Following are the Shelton, CT property transfers for single family homes for December 1 - December 31 recorded as of January 5, 2011 .
The absorption trend, which shows the number of months it … (10 comments)
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Shelton CT Real Estate Market Report and Homes Sold - February 2013
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