Prospect CT Real Estate Market Report - January 2011

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956
https://activerain.com/droplet/4lX

PROSPECT CT REAL ESTATE MARKET REPORT - JANUARY 2011

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​.

Active Listings

49

New Listings

0

Average List Price

$329,879

Median List Price

$339,900

Average Sq. Ft.

2225

Median Sq. Ft.

2198

There are 49 single family Prospect CT homes for sale , with an average listing price of $329,879, and 184 days on market, ranging 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.

9 of the Prospect CT houses for sale were just listed in the month of December, with an average listing price of $330,867. Here's a breakdown of the Prospect CT homes for sale prices:

List Price

Houses

%

< 200,000

6

12.3

200,001-250,000

8

16.3

250,001-300,000

8

16.3

300,001-350,000

4

8.2

350,001-400,000

12

24.4

400,001-450,000

6

12.3

450,001-500,000

1

2

>500,001

4

8.2

home prices in Prospect CT



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

And these are the homes for sale listed in December in Prospect CT:

Address

L/Price

ADOM

6 DAMASE ST

210,000

15

27 SKYLINE DR

200,000

16

2 CARMEL DR

356,900

30

173 SUMMIT RD

230,000

32

24 OAK LANE

179,900

33

11 HYDELOR AVE

392,000

37

17 SADDLE CT

399,000

40

38 CAMBRIDGE DR

595,000

42

23 SOUTHRIDGE RD

415,000

43


You can search for Prospect CT homes for sale by visiting William’s Places !

Closed Listings – 9

Average

Median

Days on Market

107

31

List Price

$222,744

$254,900

Sale Price

$212,167

$248,000

Sq. Ft.

1460

1432

LP/Sq. Ft.

$153.85

$165.09

SP/Sq. Ft.

$147.72

$160.62

SP/LP Ratio

95%

97%

9 homes were sold in Prospect CT in the month of December, with an average sale price of $212,167, and an average of 107 days on market, ranging from a 924 sq. ft., 2 bedroom mobile home that sold for $34,000 to a 2730 sq. ft., 4 bedroom ranch that sold for $300,000. By comparison, in December 2009, 6 homes were sold in Prospect, with an average sale price of $349,150 and an average of 72 days on market.


The Prospect CT real estate market is still in a buyer’s market with 7.74 months of inventory at an absorption rate of 6.33 homes being sold each month over the last 6 months with 49 homes currently on the market.

These were the 9 houses that won the Prospect CT real estate market homes sold contest:

Address

L/Price

S/Price

DOM

81 BARBARA AVE

37,000

34,000

277

21 CHERYL LN

349,000

300,000

20

4 DOROTHY AVE

179,000

176,000

88

8 LAKEVIEW RD

288,000

285,000

9

17 NANCY MAE AVE

289,000

280,000

239

2 SPRUCE DR

259,900

253,000

30

119 SUMMIT RD

254,900

248,000

27

93 UNION CITY RD

175,000

170,000

28

27 WILLIAMS DR

172,900

163,500

239

statistics for Prospect CT home sales

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 - December 24 2009


If you want more information on Prospect CT homes for sale, please call me at (203) 558-7463 or send me an e-mail. I look forward to helping or discussing with you Prospect CT homes for sale.

 

 

© William James Walton, Sr. Market Report data provided by CTMLS. All data is accurate but not guaranteed at time of publication.

Posted by

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Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

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