Wilton CT Real Estate Market Report October 2011
11 Wilton homes have been sold in the past month:
2 homes sold under $500,000
5 homes sold for between $500,000-$1M
2 homes sold for under $1M - $1.5M
0 homes sold for under $1.5M - $2M
2 homes sold for under $2M and over
October 2011 recap:
Total home sales for the month: 11
Total homes actively listed on October 1: 57
Total homes actively listed on October 31: 243
Average Days on the Market: 111
Low value of $297,000 for a colonial.
High value of $2,950,000 for a colonial with lake-front view.
Average sold price of $1,088,500.
Median price of $825,000.
Average list price was $1,198,445.
Actual purchase price was an average of 9.2% off of the list price.
My goal in sharing these Wilton real estate market reports with you is to give a better understanding of the number of Wilton homes for sale, price range of homes sold and real estate market trends month to month for the Wilton neighborhoods in which you may be considering buying or selling. If you are a Wilton home seller, it gives you information on recent home sales. Determining current value of Wilton real estate is key to pricing a home to sell in today's market. My web site will give you very specific information as you search CT real estate for sale especially as a buyer.
Wilton continues to have a large supply of homes for sale and they are selling slowly.
There were 18 homes in pending status in Wilton on October 31st. The home absorption rate for Wilton homes for sale indicates we still have a buyers' market.
Buyers continue to search for Wilton homes and if you want a local realtor specialist to guide you in this market, please give me a call at 203-762-1700.
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