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Trumbull CT Real Estate Market Report and Homes Sold February 2014

By
Real Estate Agent with Better Homes and Gardens RE Shore and Country Properties RES.0781237

Through all the snow, ice and frigid temperatures we have had here in CT in the last few months,  the Trumbull CT real estate market report for February 2014 showed improved since January and better results as compared to February 2013.

Home sales in Trumbull CT for February 2014 showed a 13% INCREASE in sales as compared to the same period last year.   Listing and sales averages INCREASED 10% and 11% respectively. The median followed with a 13% INCREASE.   

Days on the market went DOWN 6%.  The market absorption rate came in at 5.78 months supply of homes, creeping back slightly statistically into seller's market territory for the month.  Inventory went up 13%.

  

Trumbull CT February 2014 Real Estate Market Report

 

What is currently 'on sale' in Trumbull?

Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

 

Future closings will result from 37 homes under deposit and 38 homes under contract up quite a bit from last month. 

  

Homeowners, if you are thinking of selling... and Trumbull NEEDS new listings!, take advantage of a complimentary FREE market analysis on your Trumbull home today.

 

The sweet spot for sales in February 2014 returned to the $300K-$400K range.  If you are a seller in this range, get your home prepared to sell with effective pricing, staging, and marketing and you WILL have a quick sale! 

 

  

What houses attracted buyers and sold in Trumbull CT in February 2014?

  

Trumbull CT February 2014 Homes Sold
(as recorded in the Greater Fairfield County MLS as of March 14, 2014)  

 

Trumbull CT February 2014 Homes Sold


 

The absorption TREND, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 4.27 months for the last three months.

  

It is VERY important to note that the absorption rate is calculated on all price points. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.  

 

 

 

Trumbull CT 2013-14 Home Sales

 

  

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

 

 The success in selling your house in TRUMBULL or any other community is dependent upon accurate pricing, effective staging, absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four.

  

CONTACT ME for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.

  

 

Date Source: Greater Fairfield County Multiple Listing Service -- March 14, 2014. No representation or warranty is made to the accuracy of this information.

  

 

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)

  

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Trumbull CT Real Estate Market Report and Homes Sold February 2014

 

 

 

 

 

 

 

 

Comments (4)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Barbara, nice to see your stats sneaking into the Seller's market.   Hope the weather turns warmer, and the buyers again get out and about!

Mar 18, 2014 12:06 AM
Barbara Altieri
Better Homes and Gardens RE Shore and Country Properties - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Joan -- Trumbull held its own the last few bad weather months. No warm weather in sight though..... but when it comes, it's going to be really busy around here because everyone has been under lockdown with all the snow and frigid temps.  

Mar 18, 2014 11:46 AM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Barbara, the price range that you shared, shown that something for everyone. You definitely know your market well.

Mar 18, 2014 11:52 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Barbara, I love your detailed Market Reports, hope the buyers & sellers appreciate it as well!, Endre

Mar 18, 2014 04:29 PM