SOUTHBURY CT-REAL ESTATE MARKET REPORT- JANUARY 2012
Southbury CT-Real Estate Market Report January 2012 A slight increase in the volume of home sales in Southbury CT, coupled with a decline in average sales prices compared to both last month and last year, is great news for buyers looking for a home in Southbury. Sellers, if you are looking to capitalize on this, the best thing you can do is to price your homes at market value so that they can sell.
|
12/2011 |
11/2011 |
12/2010 |
Active Listings |
125 |
141 |
105 |
New Listings |
9 |
15 |
10 |
Av. Listing Price |
$442,166 |
$467,332 |
$518,986 |
Av. Sq. Ft. |
2492 |
2637 |
2715 |
Av. DOM |
256 |
231 |
203 |
Homes Sold |
9 |
6 |
9 |
Av. LP – Homes Sold |
$345,711 |
$449,100 |
$398,167 |
Av. SP – Homes Sold |
$326,953 |
$419,167 |
$372,600 |
Av. DOM – Homes Sold |
123 |
81 |
177 |
SP/LP Ratio |
92% |
92% |
92% |
Absorption Rate |
10.67 |
11.5 |
10 |
Months of Inventory |
12 |
12 |
10.5 |
The single familySouthbury CT homes for salerange from a 400 sq. ft. 1 bedroom ranch being offered for $45,000 to a 3012 sq. ft. 4 bedroom other style home being offered for $3.3 million.
Here is a breakdown of the home prices in Southbury CT:
The highest percentage of Southbury homes for sale is between $400,000 and $500,000, and there are a significant number of homes for sale under that range.
You can search for Southbury CT homes for sale by visiting William’s Places!
The Southbury CThomes that sold in December range from a 1734 sq. ft., 3 bedroom colonial that sold for $48,000 to a 3862 sq. ft., 4 bedroom colonial that sold for $571,575.
These are the nine homes that sold in the Southbury CT area in the month of December:
Click on Southbury CT Real Estate - Market Updatesto see prior Southbury CT market reports.
Looking to relocate to Southbury CT? Visit Looking For A Reason to Move-Destination: Southbury CT
For further information about the Southbury 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 Southbury CT homes for sale.
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