PROSPECT CT-REAL ESTATE MARKET REPORT - DECEMBER 2011
Prospect CT- Real Estate Market Report - December 2011Sales prices continue to decline in Prospect in comparison to last month and last year. A look at the homes sold graph shows that most of the homes did net at least 90% of their asking price. Sellers , if you correctly price your home based on its condition, then buyers will definitely want not only to see the home, but to make an offer on it.
|
|
11/2011 |
10/2011 |
11/2010 |
|
Active Listings |
73 |
65 |
58 |
|
New Listings |
13 |
18 |
11 |
|
Av. Listing Price |
$308,182 |
$296,383 |
$313,254 |
|
Av. Sq. Ft. |
2088 |
2020 |
2056 |
|
Av. DOM |
154 |
178 |
172 |
|
Homes Sold |
4 |
4 |
8 |
|
Av. LP – Homes Sold |
$179,925 |
$331,200 |
$274,588 |
|
Av. SP – Homes Sold |
$163,450 |
$312,875 |
$265,113 |
|
Av. DOM – Homes Sold |
116 |
74 |
77 |
|
SP/LP Ratio |
88% |
95% |
96% |
|
Absorption Rate |
4.33 |
4.17 |
6.83 |
|
Months of Inventory |
17 |
16 |
8.5 |
The single family Prospect CT homes for sale range from an 840 sq. ft. 2 bedroom mobile home being offered for $20,000 to a 5000 sq. ft. 5 bedroom colonial being offered for $775,900Here's a breakdown of the Prospect CT homes for sale prices:
Most of the homes for sale in Prospect CT are rather affordable, with 40% of the homes being under $300,000.
You can search forProspect CT homes for sale by visiting William’s Places!
Homes that sold in Prospect CT in the month of November ranged from a 1679 sq. ft., 3 bedroom ranch that sold for $81,000 to a 2304 sq. ft., 3 bedroom split-level ranch that sold for $214,900.
These were the 4 houses that won the Prospect CT real estate market homes sold contest in November:
Looking to relocate to Prospect CT? Visit Looking For A Reason to Move-Destination: Prospect CT
For more information about Prospect CT, you can visit the following:
Prospect CT Real Estate - Market Update- prior Prospect CT market reports
Prospect CT Pumpkin Festival - July 24 2009
For more details about the Prospect CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale.I look forward to discussing with you Prospect CT houses for sale.
© William James Walton, Sr. Market Report data provided by CTMLS. All data is accurate but not guaranteed at time of publication.
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