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
What does the real estate market look like in Prospect, CT? Well, as the year comes to a close, Prospect CT average sale prices continue to hover near the same place as they were last year. Both average sale and pending prices are higher than what they were in November, so the first few months should present a better picture for potential Prospect CT sellers.
There are 44 single family Prospect CT homes for sale,with an average listing price of $266,164 and a median listing price of $232,400
Prospect CT-Real Estate Market Report for November 2013 The market in Prospect CT looks very interesting, as average sale prices are hovering near the same place as they were last year, and volume of sales holding steady.
There are 46 single family Prospect CT homes for sale: Average listing price of $277,100 Median listing price of $264,700
12 Pending sales (under contract): Average asking price of $256,316 Median asking price of $245,500
Prospect CT-Real Estate Market Report for April 2013 The market in Prospect CT continues to look promising, with average and median sale prices being better than last year, and pending home sales maintaining the same volume as last month.
There are 36 single family Prospect CT homes for sale: Average listing price of $308,644 Median listing price of $292,400
20 Pending sales (under contract): Average asking price of $261,935 Median asking price of $245,500
Prospect CT-Real Estate Market Report for March 2013 The market in Prospect CT continues to look promising, with average and median sale prices being better than last year, and pending home sales maintaining the same volume as last month.
There are 40 single family Prospect CT homes for sale: Average listing price of $311,895 Median listing price of $307,450
16 Pending sales (under contract): Average asking price of $246,259 Median asking price of $227,450
Prospect CT-Real Estate Market Report for February 2013 The market in Prospect CT continues to look promising, as average and median sale prices are much better than both last month and last year, and pending home sales continue to increase in volume.
There are 41 single family Prospect CT homes for sale: Average listing price of $295,156 Median listing price of $279,900
17 Pending sales (under contract): Average asking price of $267,685 Median asking price of $239,900
Prospect CT-Real Estate Market Report for January 2013 The market in Prospect CT continues to look promising with diminishing inventory and under deposit homes relatively constant with the number of homes on the market. Pending sales prices are stronger than average sales prices, indicating a better spring market ahead.
There are 40 single family Prospect CT homes for sale: Average listing price of $312,232 Median listing price of $294,950
13 Pending sales (under contract): Average asking price of $261,873 Median asking price of … (0 comments)
Prospect CT-Real Estate Market Report for March 2012 The market in Prospect CT continues to look promising with diminishing inventory and under deposit homes relatively constant with the number of homes on the market. Average sale prices are holding steady compared to last month and higher than last year, with the volume of sales going up dramatically. Sellers should look for this trend to continue over the next several months, which means that buyers will have to act fast to get houses at today’s prices.
Prospect CT-Real Estate Market Report for February 2012 As we prepare to enter the spring selling season in Prospect CT, roughly a third of the active inventory is under deposit, at average asking prices that suggest that the market here is headed toward a significant upswing. What’s even better news is that both compared to last month and last year, average sale prices are well over 20%, with relatively stable volume of sales. Prospect potential sellers should keep an eye on the market trends in the months ahead to see … (0 comments)
Prospect CT-Real Estate Market Report - February 2012 Average sales prices dropped slightly in Prospect in comparison to last month, but continued to remain significantly above last year’s prices. Consistent inventory and volume of sales over the last several months still leaves buyers with the upper hand in Prospect CT. Sellers, if you want buyers to act on your home, then you must make sure that your home prices are in line with current market values, based on its location and condition.
There are 57 single family Prospect CT … (2 comments)
In 2011, 59 homes were sold in Prospect CT, with an average sale price of $270,740 and an average of 97 days on market. The homes that sold ranged from a 672 sq. ft. 2 bedroom ranch that sold for $22,000, to a 2350 sq. ft. 3 bedroom contemporary colonial that sold for $452,309.
The absorption rate for Prospect CT in 2011 was 4.92 homes sold per month. With an average of 57 homes on the market at any given time during 2011, that leaves Prospect CT with 11.58 months … (3 comments)
Prospect CT-Real Estate Market Report - January 2012 Sales prices jumped dramatically in Prospect in comparison to last month and last year. A look at the homes sold graph shows that most of the homes did net at least 90% of their asking price. Sellers, if you correctly price your home based on its condition, then buyers will definitely want not only to see the home, but to make an offer on it.
Thesingle family Prospect CT homes for sale range from an 840 sq. ft. 2 bedroom … (0 comments)
Prospect CT- Real Estate Market Report - December 2011Sales prices continue to decline in Prospect in comparison to last month and last year. A look at the homes sold graph shows that most of the homes did net at least 90% of their asking price. Sellers , if you correctly price your home based on its condition, then buyers will definitely want not only to see the home, but to make an offer on it.
The single family Prospect CT homes for sale range from an 840 sq. ft. 2 … (2 comments)
Prospect CT Real Estate Market Report November 2011 Sales are picking up in this cozy little town, with double the number of homes sold and higher average sale prices, compared to last year. But there are more homes for sale, and thus more months of inventory remaining, so you still have to correctly price your home and maximize your home’s curb appeal so that buyers will want to make offers and not just drive by.
The single family Prospect CT homes for sale range from an 840 sq. ft. 2 bedroom … (0 comments)
Lower average sale prices, lower sales price/list price ratios, and higher days on market for Prospect CT home sales clearly states that buyers are in the driver’s seat. But there is good news for sellers – less inventory means less competition to get your home sold. However, you still have to correctly price your home and maximize your home’s curb appeal so that buyers will want to make offers and not just drive by.
The single family Prospect CT homes for sale range from a 672 sq. ft. 2 bedroom ranch … (0 comments)
Average sale prices are better than last month, but still lower than last year in Prospect CT. Sellers, you can attract buyers for your home in this market by correctly pricing your home to sell and by maximizing your curb appeal so that buyers will want to see your home.
The single family Prospect CT homes for sale range from a 672 sq. ft. 2 bedroom ranch being offered for $25,000 to a 5305 sq. ft. 4 bedroom colonial being offered for $669,900. Here's a breakdown of the Prospect CT homes … (0 comments)
More homes available for sale is good for buyers looking to purchase a home in Prospect CT. Sellers, the increase in competition means that you must price your home correctly and prepare it to be seen in the best possible light in order to attract not only buyers’ attention, but also offers.
The single family Prospect CT homes for sale range from a 672 sq. ft. 2 bedroom ranch being offered for $25,000 to a 5305 sq. ft. 4 bedroom colonial being offered for $669,900. Here's a breakdown of the Prospect … (0 comments)
In 2010, 76 homes were sold in Prospect CT, with an average sale price of $270,740 and an average of 103 days on market. The homes that sold ranged from a 728 sq. ft. 2 bedroom mobile home that sold for $29,900, to a 3200 sq. ft. colonial that sold for $575,000.
2010 was a good year for the majority of sellers in Prospect, as the average SP/LP ratio was 96% and average sale prices were up 5% from 2009’s sale prices. What does this mean … (0 comments)
The best news coming out of the stats for the Prospect CT real estate market is that there is no increase in inventory, as the number of homes that were listed in December is equal to the number of homes that were sold in the same time period. If this continues over the next several months, Prospect CT sellers may start to see the market shifting more in their favor.
Click on Prospect CT Real Estate - Market Update for prior Prospect, CT market reports. Looking … (0 comments)
Click on Prospect CT Real Estate - Market Update for prior Prospect CT market reports. Looking to relocate to Prospect CT? Visit Looking For A Reason to Move-Destination: Prospect CT To get a feel for what Prospect CT has to offer, you can read the following: Prospect CT Schools Fusco Field - Prospect CT Hotchkiss Field - Prospect CT Caplan Park - Prospect CT Canfield Park - Prospect CT McGrath Park - Prospect CT Prospect CT Pumpkin Festival - … (0 comments)
PROSPECT CT-REAL ESTATE MARKET REPORT for MAY 2015
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