Here we are after 8 months and 31 Single Family Homes have been sold in Easton. This shows a drop in units sold of 23% from the prior year's total of 40. And this trails the 62 Homes sold in 2007 by 50%.
The Average Selling Price comes in at $590,262. This reflects a 31% decline from last year's $857,096.
Much of this Average Price change is due to the softness at the highend of the market dragging the overall average down. So far in 2009, 2 homes have sold for over $1 Million. When you compare this to 11 homes selling above that mark last year and 17 breaking the Million Dollar mark in 2007, you can easily see how this would impact the average selling price.
This is a great opportunity if you are a buyer looking in the Easton market. It is a great town with a wonderful country lifestyle. And there are lots of choices on the market!
There are 95 homes for sale today ranging in price from $375,000 to $3,600,000. If you would like to see any of these homes, please visit www.tetreau.com
The analysis in this report is based on data from the Greater Fairfield County MLS.