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Southbury CT-Real Estate Market Report-March 2011

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956

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:

 

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:

 

statistics for Southbury CT home sales

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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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

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