Prospect CT-Real Estate Market Report for June 2015

Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956



Prospect CT

What does the real estate market look like in Prospect, CT? Real estate prices in Prospect CT have been declining somewhat steadily over the last year, in spite of being higher for this June compared to last June. Buyers have been moving rather quickly on homes in Prospect CT, and current pending sales prices and number of sales provides some hope for sellers thinking about putting their homes on the market in the upcoming months and for those sellers whose homes are already on the market.

 home values in Prospect CT

There are 66 single family Prospect CT homes for sale,median active home for sale in Prospect CT with an average listing price of $302,476 and a median listing price of $289,450.







median home under deposit in Prospect CTThere are 18 Pending sales (under contract), with an average asking price of $309,922, a median asking price of $299,900, and an average of 49 days on market before accepting an offer.







median home sold in Prospect CT12 homes were sold in Prospect CT in the month of June, with an average sale price of  $255,338, a median sale price of  $265,950, and an average of 49 days on market before accepting an offer. By comparison, in June 2014, 8 homes were sold in Prospect, with an average sale price of $185,288, a median sale price of $161,500, and an average of 110 days on market before accepting an offer. This year's figures represent a 38% increase in average sale prices, and a 55% decrease in average days on market, from last year.



So, what does all of this mean? Buyers are making offers rapidly on homes that they see the value in due to the decline in home values in Prospect CT. As prices rise, sellers can expect buyers to wait longer to make offers on their homes. In order to make sure that your home sells quickly, sellers, consult with a realtor who knows the Prospect CT real estate market, will price your home based on market conditions, and will help you to prepare your home to attract potential buyers.


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

Prospect CT Schools

Fusco Field - Prospect CT

Hotchkiss Field - Prospect CT

Caplan Park - Prospect CT

Canfield Park - Prospect CT

McGrath Park - Prospect CT

Prospect CT Pumpkin Festival - July 24 2009

Are you looking to buy a home in Prospect CT? Click on Prospect CT homes for sale to search for homes in your price range.

For more details about the Prospect CT real estate 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.

Posted by

Greater Waterbury CT Real Estate FaceBook William James Walton, Sr. on LinkedIn William James Walton, Sr. on Twitter William  James Walton's videos on YouTube 




Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)


Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Connecticut New Haven County Prospect
Posts to Localism
Market Updates
City and State
Local Expert
Market Reports
prospect ct real estate
prospect ct realtors
real estate prices in prospect ct
real estate market in prospect ct
home values in prospect ct

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


William James Walton Sr.

Greater Waterbury Real Estate
Have a real estate question? I can help. Call me!
Spam prevention

Additional Information