November 2010 Real Estate Sales Report for Prospect Ct
Currently in Prospect Ct there are 59 active residential listings for sale, which is 2 less than the number of listings in October. They range from a small 672 square ft, 2 bedroom mobile home, listed at $34,900 to a 5300 square ft, 4 bedroom colonial with 18x36 pool listed at $669,000
The average list price of the homes currently available for sale in Prospect Ct is $314,892. The average days on market for these homes is 168 days.
In addition, there are currently 6 homes under contract in Prospect Ct , with one having gone under contract in the month of November. The average list price for these homes is $268,733 with an average days on market of 102 days.
For the month of November, there were 11 new homes listed for sale in Prospect Ct. The average list price of the new listings available for sale in Prospect Ct is $290,364.
In November, 7 homes closed in Prospect Ct. They ranged from a 1,536 sq ft, 3 bedroom ranch which sold for $184,000 to a 1,455 sq ft 3-bedroom ranch which sold for $310,000. The average sales price of the homes that sold was $249,414. Average DOM of 71 days.
By comparison, there were 8 closings in Prospect for the month of November 2009, with an average price of $310,563 and avg. days on market of 95.
For the first 11 months of 2010, the market sales or absorption rate was just under 6 sales per month, with an average sales value of $276,904 and average days on market of 102. The current inventory of homes is equivalent to an 10- month inventory.
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 Prospect 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 Prospect Ct.
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