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January 2011 Real Estate Sales Report for Middlebury CT
January 2011 Real Estate Sales Report for Middlebury CT
Currently in Middlebury CT there are 65 active residential listings for sale, with 11 new listings being added in January. The homes for sale in Middlebury CT range from a 1,264 square ft, 3-bedroom ranch listed at $165,000 to a 9,619 square ft, 6-bedroom, country estate on 12 acres listed at $2,298,000. 

The average list price of the homes currently available for sale in Middlebury CT is $571,366. The average days on market for these homes is 243 days.
In addition, there are currently 6 homes under contract in Middlebury CT, with three having gone under contract in January. 

In December, 5 homes closed in Middlebury CT. They ranged from a 5,000 square ft, 4-bedroom cape, which sold for $819,000 to a 960 square ft, 2-bedroom ranch that sold for $145,500. Average DOM of 82 days.   
By comparison, there were no closings in Middlebury CT for the month of January 2010.
 For the year 2010, the market sales or absorption rate was 4 sales per month, with an average sales value of $362,800 and average days on market of 117.  The current inventory of homes is equivalent to a 16-month inventory.
 
The only ... more

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