Thomaston CT-Real Estate Market Report for June 2015

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956
https://activerain.com/droplet/4GqB

THOMASTON CT-REAL ESTATE MARKET REPORT FOR JUNE 2015

 

Thomaston CT

 

What does the real estate market look like in Thomaston CT? Real estate prices have climbed over the past year in Thomaston, CT, even with a few dips along the way. Higher than normal sales over the past year on average has driven the amount of homes available for sale to almost 8 months worth of inventory. Days on market continue to remain on the high side, leaving sellers to wait for acceptable offers.

 home values in Thomaston CT

There are currently 45 Thomaston CT homes for sale, with an median active home for sale in Thomaston CTaverage listing price of $238,160 and a median listing price of $234,900.

 

 

 

 

 

 

 

median home under contract in Thomaston CTThere are 18 pending sales (under contract), with an average asking price of $198,336, a median asking price of $186,400, and an average of 70 days on market before receiving an acceptable offer.

 

 

 

 

 

 

8 homes were sold in Thomaston CT in the month of June, with median home sold in Thomaston CTan average sale price of $183,563, a median sale price of $135,500, and an average of 136 days on market before accepting an offer. By comparison, in June 2014, 3 homes were sold in Thomaston CT, with an average sale price of $208,300, a median sale price of $239,900, and an average of 123 days on market before accepting an offer. This year's figures represent a 12% decrease in average sale prices, and an 11% increase in average days on market, from last year.

 

 

 

So, what does this all mean? Rising sale prices without a corresponding drop in days on market says that buyers continue to wait in their search for a Thomaston CT home that they can see the value in right away. Sellers who want to put their home on the market should consult with a real estate agent who knows the local housing market, will properly price your home based on the current market, and will help you to prepare your home to woo buyers quickly by maximizing your home's curb appeal.

 

Prior Thomaston CT Real Estate - Market Updates can be accessed by clicking on the preceding link.                 

 

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

 

For more details about the Thomaston CT 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 Thomaston 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.

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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

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Rainmaker
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Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Thank you for sharing Thomaston Ct market report. As home prices continue to rise, it is wise for buyers to act Now instead of later.

Jul 21, 2015 04:25 PM #1
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

William James Walton Sr., thank you for taking the time to share this market report.  This is great info for buyers and sellers alike!

Jul 21, 2015 09:52 PM #2
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William James Walton Sr.

Greater Waterbury Real Estate
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