Trumbull CT home sales for June 2014 showed a 28% INCREASE in sales from the same period last year.  Listing and selling averages both went up 3%.    Sales also jumped up 109% from May 2014 sales. See yearly chart below. 

Days on the market went DOWN 19%.  The market absorption rate was down significantly coming in at 4.00 months putting it back into a seller's market statistically  for the month.  That means at the current pace, it would take 4.00 months to sell off the inventory of 184 homes.

What is currently 'on sale' in Trumbull?

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Future closings will result from 35 homes under deposit and 45 homes under contract,  down a bit from last month but still decent.

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

Sellers:  Please read Biggest Home Seller Mistakes if you are thinking of listing your home.  What do you think is the BIGGEST mistake?

The sweet spot for sales in June 2014 stayed solidly in the most popular $300K-$400K range with 48% of the sales for the month.  If you are a seller in this range, get your home prepared to sell with effective pricing, staging, and marketing and you WILL be packing your bags!

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

Trumbull CT June 2014 Homes Sold
(as recorded in the Greater Fairfield County MLS as of July 23, 2014)  

The absorption TREND, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 5.21 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.  

 WOW!!  Look at that jump in sales from May!

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 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 -- July 23, 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 June 2014