Shelton CT single family home sales ended UP in a good place overall for December 2014.
Sales were UP 16% over the same period last year.
Listing and closed sales averages were UP 21% and 22% respectively and the median was UP 38%.
Days on the market were up 25%.
The supply of homes went down 19% from last month resulting in a downward 3.72 month supply of homes, which is statistically a sellers market.
Going forward, there are 19 homes under deposit and 33 homes pending.
Thinking of Buying or Selling in Shelton CT? SEARCH homes here.
Shelton CT December 2014 Homes Sold
as recorded in the Greater Fairfield County MLS
Where was the sweet spot for sales in December? It was a tie with the popular $300-$400K range sharing the top spot with the $400 - $500K range with both ranges accounting for 55% of sales.
Sales dipped a little from last month but are still holding in familiar territory.
The absorption TREND, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 3.52 months for the last three months.
This rate is for ALL houses. If you are selling your home, your agent should calculate the absorption rate for your price point to get a more accurate analysis. Some price points favor sellers; others favor buyers.
Thinking of selling? Get a complimentary free market analysis for your Shelton home.
The success in selling your house in Shelton or any other community is dependent upon accurate pricing, effective preparation, calculating the 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 your home effectively in today's market. I offer you an exceptional marketing plan for your money.
Sellers: Please read Biggest Home Seller Mistakes if you are thinking of listing your home.
Related reference: Shelton CT Market Report Archive
Date Source: Greater Fairfield County Multiple Listing Service -- January 14, 2015. No representation or warranty is made to the accuracy of this information.
Shelton CT Real Estate Market Report and Homes Sold - December 2014
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