By comparison to 2013 statistics, listing and selling averages went up just slightly (Under 1%). The median home price was off 3%.
September sales were UP 16% from August 2014 sales. See annual sales chart below.
Days on the market went down 7%. The supply of homes went down from last month resulting in a 6.86 month supply of homes, which is statistically a buyers market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes … (2 comments)
Days on the market went down 22%. Well, there's some good news. Inventory stayed about the same, but with the lower sales, the supply of homes went up significantly and deeper into a buyer's market, statistically at 8.16 months.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
The July 2014 market report as compared to the same period last year showed a 20% decrease in both listing and selling averages and the median home price was off by 25%. (See home sales ranges below for further explanation)
Days on the market were flat. Inventory went down slightly contributing to a slightly less than six month supply of homes which statistically translates to a seller's market.
Shelton CT home sales continued to be on the upswing in June 2014 with an 42% INCREASE over May sales continuing a four-month upward trend in sales!
The June 2014 Shelton CT market report as compared to the same period last year registered a healthy 19% INCREASE in sales over the same period last year. Both listing and selling averages remained relatively flat with the median dropping only slightly (2%) Days on the market went down 6%.
Thinking of Buying or Selling in Shelton CT? SEARCH … (3 comments)
Shelton CT home sales again were on the upswing in May 2014 with an 18% INCREASE over April sales. Inventory has been on the rise which is welcomed by prospective buyers.
The May 2014 Shelton CT market report as compared to the same period last year registered a 3% decrease (one sale). Averages increased with both list and selling up 5% followed by a median increase of 6%. Days on the market went down 6%.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Shelton CT home sales again rebounded in April 2014 with a 29% INCREASE over March sales. The warmer weather and still low interest rates are bringing even some of the fence sitters out.
The April 2014 Shelton CT market report as compared to the same period last year registered a 47% INCREASE in sales, followed by a 2% INCREASE in average list price and a basically flat selling price average. The median was up 7% and days on the market just up slightly at 4%.
Shelton CT home sales rebounded in March 2014 with a considerable increase over the low February sales. Weather is improving and along with that homes under deposit and under contract continue to go up. New listings are also up about 20% as well bringing more buyers out of hibernation.
The March 2014 Shelton CT market report as compared to the same period last year is still not strong; but as mentioned above, the futures of 41 homes under deposit and 29 under contract are very positive indeed.
We have had some particularly frigid and harsh weather here in CT this winter. Taking that into consideration along with low inventory and higher mortgage rates, Shelton CT experienced a slow month for real estate closings in the month of February 2014.
It's been tough showing homes since last November with all the snow and ice. Further, sellers have been holding back on listing their homes until it warms up keeping the inventory static.
Buyers want to see more homes before purchasing and they are waiting for new … (4 comments)
The Shelton CT real estate single family market report results for January 2014 showed a 22% decrease in sales as compared to Jauary 2014.
Average list and closing prices were relatively flat at 1% each but the median did a lot better with a 6% INCREASE.
Days on the market went DOWN 9%.
Market absorption for the month registered at 9.12 months, meaning it would take 9.12 months to sell off the present inventory pushing the Shelton market way up into a buyer's market again, the highest rate in many months. Inventory remained the same from the … (4 comments)
The Shelton CT real estate single family market report results for December 2013 showed a 7% decrease in sales as compared to December 2012. However, average list and closing prices INCREASED 11% and 9% respectively with the median dipping slightly at 2%.
Days on the market went up 1%.
Market absorption for the month registered at 5.16 months, meaning it would take 5.16 months to sell off the present inventory pushing the Shelton market back into a seller's market. Inventory is LOW.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here. … (5 comments)
The Shelton CT real estate single family market report results for November 2013 showed an 8% decrease in sales as compared to November 2012. However, average list and closing prices both INCREASED 15% with the median going up 4%.
Days on the market went up 2%.
Market absorption for the month registered at 6.74 months, meaning it would take 6.74 months to sell off the present inventory pushing the Shelton market back into a buyer's market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
The Shelton CT real estate single family market report results for October 2013 continues to show sales improvement over 2012 results.
October 2013 single family home sales in Shelton CT INCREASED 21% as compared to October 2012.
Average list and closing prices decreased 10% and 8% respectively while the median decreased 4%.
Days on the market were flat. Market absorption for the month registered at 5.76 months, meaning it would take 5.76 months to sell off the present inventory and is still statistically in a seller's market.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
September 2013 single family home sales in Shelton CT INCREASED 21% as compared to September 2012.
Average list and closing prices both INCREASED 3% while the median INCREASED 2%. Days on the market went DOWN 14%. Market absorption for the month registered at 5.83 months, meaning it would take 5.83 months to sell off the present inventory and is still statistically in a seller's market. This is up from previous months as inventory has increased.
Thinking of Buying or Selling in Shelton CT? … (2 comments)
August 2013 single family home sales in Shelton CT INCREASED 42% as compared to August 2012.
Average list and closing prices INCREASED 25% and 24% respectively while the median also INCREASED 9%. There were more higher end sales than typical which brought the averages up. (See all sales as recorded in the MLS below) The median would be a more accurate indicator of home sales.
Days on the market went up slightly to 5%. Market absorption for the month … (2 comments)
GREAT NEWS all the way around for Shelton CT single family home sales in July 2013. Check out these numbers!
July 2013 single family home sales in Shelton CT INCREASED 14% as compared to July 2013 and INCREASED 33 % since June 2013. (See annual chart below).
July 2013 recorded the highest number of home sales in the last year.
Average list and closing prices INCREASED 17% and 18% respectively while the median also INCREASED 13%. Days on the market went DOWN 19%. Market absorption for … (7 comments)
Basking Ridge in Shelton CT is a very secluded, nicely maintained Shelton CT single family colonial home community located off Nells Rock Road.
64 attractively designed colonial homes wind through the tree lined streets tucked away behind Chordas Pond with its familiar aerator. Enter via L'Hermitage Drive condos main entrance and take first left after the pond onto Basking Ridge Road.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Built in 1997 and 1998, common features include: 2 car garages Gas, forced hot air heat Central air conditioning Sewer and city water Basement, some finished
Homes typically have 3 bedrooms and 2-1/2 to 3-1/2 baths. Square footage ranges from … (3 comments)
June 2013 single family home sales in Shelton CT were down 3% as compared to June 2012 and INCREASED 15% since May 2013. (See annual chart below) Average list and closing prices INCREASED 5% and 7% respectively while the median INCREASED 14%. Days on the market went DOWN 20%. Market absorption for the month registered at 5.32 months, meaning it would take 5.32 months to sell off the present inventory and is statistically in a seller's market.
Thinking of Buying or Selling in Shelton … (2 comments)
May 2013 single family home sales in Shelton CT were up 35% as compared to May 2012 and spiked up 80% since April 2013. Average list and closing prices decreased 7% and 9% respectively while the median INCREASED 9%. Days on the market went up 42%. Market absorption for the month registered at 5.74 months, meaning it would take 5.74 months to sell off the present inventory and is statistically in a seller's market. While the sales averages comparison showed a decrease from May 2012, it is important … (3 comments)
It was a mixed bag again for Shelton CT home sales statistics for April 2013. Closed sales decreased 40% as compared to the same period last year. However, average list and closing prices both INCREASED 29% and 34% respectively and the median went up 11%. Days on the market went DOWN 97%. Market absorption for the month registered at 10.27 months, meaning it would take 10.27 months to sell off the present inventory. For April 2013, Shelton remained in a solid 'buyer's market' as inventory increased and sales decreased.
It was a mixed bag for Shelton CT home sales statistics for March 2013. Closed sales INCREASED 47% as compared to the same period last year. Average list and closing prices both decreased 5% respectively and the median went up 2%. Days on the market went DOWN 14%. Market absorption for the month registered at 6.27 months, meaning it would take 6.27 months to sell off the present inventory. For March 2013, Shelton returned to a 'buyer's market' as inventory increased slightly.
Thinking of Buying or Selling in Shelton … (1 comments)
Author Bio: Barbara Altieri, CT REALTOR®, helps Fairfield and New Haven County buyers and sellers successfully navigate through a real estate transaction. A proven sales and marketing professional, Barbara provides exceptional customer service and market knowledge. Call 203-520-6930 to discuss your needs and housing dreams.
All data and information provided on this blog is for informational purposes only. Barbara Altieri makes no representations as to the accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from its display or use.
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