Prospect CT Real Estate Sales Report for July 2011
Currently in Prospect CT there are 75 active residential listings for sale, with 19 new listings being added in July. They range from a corporate owned 840 square ft, 2-bedroom mobile home, listed at $23,000 to a 5300 square ft, 4-bedroom colonial with 18x36 pool listed at $629,000.
The average list price of the homes currently available for sale in Prospect CT is $321,663. The average days on market for these homes is 135 days.
There are currently 5 homes under contract in Prospect CT. The average list price for these homes is $365,332 with an average day on market of 226 days.
There were 7 closings in Prospect CT in July. They ranged from a 1,170 Sq ft 2-bedroom ranch needing TLC, which sold for $120,000 to a 2,656 sq ft 3 bedroom, which sold for $450,000. Average sales price for the sold properties was $261,700 with average days on market of 74.
There were 4 closings in Prospect for the month of July 2010, with an average price of $262,225 and avg. days on market of 75.
For the first 6 months of 2011, the market sales or absorption rate was 3.6 sales per month, with an average sales value of $240,098 and average days on market of 114. The current inventory of homes is equivalent to an 20+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.
Prospect CT Real Estate Sales Report for July 2011
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