PROSPECT CT-REAL ESTATE MARKET REPORT for FEBRUARY 2012
Prospect CT-Real Estate Market Report for February 2012 As we prepare to enter the spring selling season in Prospect CT, roughly a third of the active inventory is under deposit, at average asking prices that suggest that the market here is headed toward a significant upswing. What’s even better news is that both compared to last month and last year, average sale prices are well over 20%, with relatively stable volume of sales. Prospect potential sellers should keep an eye on the market trends in the months ahead to see if this is the best time in years to put your home on the market.
There are 53 single family Prospect CT homes for sale:
- Average listing price of $308,975
- Median listing price of $289,500
- 25 Pending sales (under contract):
- Average asking price of $256,176
- Median asking price of $235,000
3 homes were sold in Prospect CT in the month of February
- Average sale price was $300,333
- Median sale price was $328,000
- By comparison, in February 2011, 2 homes were sold in Prospect, with an average and median sale price of $215,000.
These were the three houses that won the Prospect CT real estate market homes sold contest in February:
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
Are you looking to buy a home in Prospect CT? Click onProspect CT homes for saleto search for homes in your price range.
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.