SOUTHBURY CT-REAL ESTATE MARKET REPORT- MARCH 2011
Ok – so, home sale prices are still lower than what they were at this time last year, there are less sales, and the days on market for homes that sold is significantly lower than what it was both last month and last year. So what does this mean for you as a seller in Southbury CT? It looks like an invitation to step up your game – make sure that your home is competitively priced, and in its best possible condition – in order to attract buyers.
|
2/2011 |
1/2011 |
2/2010 |
Active Listings |
108 |
108 |
129 |
New Listings |
12 |
17 |
25 |
Av. Listing Price |
$511,582 |
$519,476 |
$540,860 |
Av. Sq. Ft. |
2675 |
2740 |
3178 |
Av. DOM |
210 |
211 |
N/A |
Homes Sold |
2 |
12 |
6 |
Av. LP – Homes Sold |
$407,450 |
$333,875 |
$463,907 |
Av. SP – Homes Sold |
$390,000 |
$315,367 |
$438,958 |
Av. DOM – Homes Sold |
45 |
116 |
158 |
SP/LP Ratio |
96% |
95% |
94% |
Absorption Rate |
8.67 |
10.5 |
12 |
Months of Inventory |
12 |
10 |
11 |
The single family Southbury CT homes for sale range from a 792 sq. ft. 1 bedroom ranch being offered for $74,900 to a 3000 sq. ft. 5 bedroom cottage being offered for $3.2 million.
Here is a breakdown of the home prices in Southbury CT:
You can search for Southbury CT homes for sale by visiting William’s Places!
The Southbury CT homes that sold in February range from a 2100 sq. ft., 3 bedroom cape that sold for $320,000 to a 3100 sq. ft., 4 bedroom colonial that sold for $460,000.
These are the two homes that sold in the Southbury CT area in the month of February:
Click on Southbury CT Real Estate - Market Updates to see prior Southbury CT market reports.
Looking to relocate to Southbury CT? Visit Looking For A Reason to Move-Destination: Southbury CT
Ready to buy or sell your home in Southbury CT? Give me a call at (203) 558-7463 or send me an e-mail to request a free market analysis for your Southbury CT home. I look forward to discussing with you Southbury CT homes for sale.
©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.
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