Third Quarter Real Estate Market Update for Middlebury Ct

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001

Third Quarter Real Estate Market Update for Middlebury Ct

The Real Estate market activity for Middlebury Ct has made an adjustment from the previous year and has also shown a growth from the activity of the first 6 months of the year.

For the first 6 months of 2010, the market sales or absorption rate was  3 sales per month, with an average sales value of $368,600 and average days on market of 117.

For the months of July, August and September, the absorption rate was just under 5 sales per month with an average sales price of $358,000 and average days on market of 118 days.

By comparison, for calendar year 2009, the absorption rate was just over 5 sales per month, with an average sales price of $410,800 and average days on market of 140.

There are currently 90 residential properties for sale in Middlebury Ct which equates to a 15 month inventory. The average sales price of the listed homes is $519,400 with 195 days on market.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Middlebury Ct, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Middlebury Ct

 If your are looking to buy or sell a home or condo in Middlebury Ct, I can be reached at 203-206-0754 or email me at Edsilva@remax.net 

 

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,   203-206-0754

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Rainmaker
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Vick The Realtor .
Olympus Executive Realty INC. - Orlando, FL

Ed great picture! Thank you for the great wealth of information and update on your area, Great work! Wishing you the best!

Oct 27, 2010 04:20 PM #1
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