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Prospect CT-Real Estate Market Report for May 2015
PROSPECT CT-REAL ESTATE MARKET REPORT for MAY 2015
 
What does the real estate market look like in Prospect, CT? Sellers in Prospect CT should be pleased, as double the usual number of homes are under contract in May, and under two months on average. There are enough homes for sale so buyers do not yet have to scramble to catch the right house to buy before someone else, but that may change as the summer continues.
 
There are 62 single family Prospect CT homes for sale, with an average listing price of $313,840 and a median listing price of $319,000
 
 
 
 
 
 
There are 24 Pending sales (under contract), with an average asking price of $261,871, a median asking price of $272,950, and an average of 57 days on market before receiving an offer.
 
 
 
 
 
 
6 homes were sold in Prospect CT in the month of May, with an average sale price of  $232,834, a median sale price of  $257,000, and an average of 90 days on market before receiving an acceptable offer. By comparison, in May 2014, 3homes were sold in Prospect, with an average sale price of $241,667, a median sale price of $247,000, and an average of 97 days on market before receiving an offer.
               
 
 
 
So, what does this all mean? It simply ... more

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