Plymouth CT-Real Estate Market Report for January 2014

PLYMOUTH CT-REAL ESTATE MARKET REPORT FOR JANUARY 2014

What does the real estate market look like in Plymouth, CT? Well, the Plymouth CT market kicks off this year with average sale prices better than what they were from last month and last year from last year, and both pending prices and volume continue to provide hope for sellers in the area as the year progresses.

There are 51 single family Plymouth CT homes for sale, with an average listing price of $194,337 and a median listing price of $179,900.

There are 25 pending sales (under contract), with an average asking price of $189,644 and a median asking price of $179,000.

You can get a better sense of what the real estate market for Plymouth CT looks like by viewing the information by zip code:

13 homes were sold in Plymouth CT in the month of January, with an average sale price of $182,161 and a median sale price of $163,200. By comparison, in January 2013, 8 homes were sold in Plymouth CT, with an average sale price of $172,563 and a median sale price of $171,500.

The chart below shows the difference between the listing and sales prices for the homes sold in January, as well as the number of days that those properties were on the market before an offer was made and accepted.

So, what should I take away from all of this information? Well, that depends on if you are a buyer or a seller. If you are a seller, you can see how long, on average, it will take to sell your home, the relative price ranges for homes like yours in your area, and the amount you should expect to receive for your home, provided that it is correctly priced and has gained a buyer's interest due to its curb appeal and other factors. If  you are a buyer, this tells you how many homes there are on the market in this area and what price range the typical home in this area sells for.

Go to Plymouth CT Real Estate - Market Update for prior Plymouth CT market reports.

Looking to relocate to Plymouth CT? Visit Looking For A Reason to Move-Destination: Plymouth CT.

Are you looking for a home in Plymouth CT? Click on Plymouth CT homes for sale to find homes for sale in your price range.

For more information about the Plymouth CT market and to determine if this is the right time to sell, call me at (203) 558-7463(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 Plymouth CT homes for sale.

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.