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Wallingford CT Real Estate and Homes for Sale, November 2009 Market Report

Wallingford CT Real Estate and Homes for Sale, November 2009 Market Report
Homes for Sale in Wallingford CT - November 2009 sales were 27, up 12.5% from 24 in November 2008 and -3.6% lower than the 28 sales last month. November 2009 sales were at their highest level compared to November of 2008 and 2007. November YTD sales of 258 are running equal to last year’s year-to- date sales of 258.
Median Price - The Median sales price in November was $230,000, up 1.5% from $226,500 in November of 2008 and up 3.2% from $222,893 last month.
Average Price – The Average Sales Price in November was $265,795, up 1.3% from $262,320 in November of 2008 and up 3.4% from $257,173 last month. November 2009 ASP (average sales price) was at a mid range compared to November 2008 and 2007.
Inventory - The total inventory of homes available for sale as of November was 150 down -7.4% from 162 last month and down -18.5% from 184 in November 2008. November 2009 Inventory was at its lowest level compared with November of 2008 and 2007.
A comparatively low MSI (month's supply of inventory) is more beneficial for sellers while a ... more

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