Prospect CT January 2019 Real Estate Market Trends

By
Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001

What’s Happening in The Prospect CT Real Estate Market Prospect January 2019?  

 

Prospect CT January 2019 Real Estate Market Trends

Search for homes in Prospect CT

Currently in Prospect CT there are 34 active residential listings for sale, with 11 new listings being added in January. The homes for sale in Prospect CT range from a 960 square ft, 2-bedroom mobile home, listed at $36,900 to a 4,533 square ft, 9-bedroom colonial listed at $535,000. 

The average list price of the homes currently available for sale in Prospect CT is $297,000. The average days on market for these homes are 87 days. In addition, there are currently 11 homes under contract in Prospect CT.

Prospect CT January 2019 Real Estate Market Trends 

In January, 3 homes closed in Prospect CT. The homes that sold in Prospect CT were a 1,040 square ft, 2-bedroom ranch, which sold for $200,000; a 1,296 square ft, 3-bedroom split-level which sold for $310,000; and a 2,600 sq ft colonial which sold for $459,900. The average value of the sold homes in Prospect CT in January 2019, was $323,300 with average days on market of 95 days.

By comparison, there were 8 closings in Prospect CT for the month of January 2018 with an average sales price of $268,574 and average days on market of 70. This would demonstrate that for Prospect CT in January 2019 the market sales were 5 less than the same period of 2018 and with an average sales value almost 16% greater than the same period the previous year.

For the year 2018, the market sales or absorption rate was 8 sales per month, with an average sales value of $256,593 and average days on market of 65.

 

 Prospect CT January 2019 Real Estate Market Trends

The graph demonstrates the average monthly sales value in Prospect CT with strong fluctuations from month to month. The values in Prospect CT have demonstrated an inconsistent variation of prices showing little stabilization.

 

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

 

If you would like information on homes for sale in Prospect CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Prospect CT.

 

Prospect CT January 2019 Real Estate Market Trends

 

Posted by

 

Search for all Connecticut homes 

Subscribe

 

 

 

 

Do you know somebody who is behind on their mortgage and doesn't know what to do? I may be able to help them, especially if they are facing foreclosure!

Get Help with Short Sale in Connecticut

    www.ctshortsalesilva.com

 

 

 

 

Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,   203-206-0754

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Connecticut New Haven County Prospect
Groups:
Market Updates
Local Real Estate Market Reports
Market Reports
2017 Market Trend Reports
Tags:
selling homes in prospect ct
prospect ct market statistics
buying homes in prospect ct
prospect ct market trends

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
2,934,672
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Ed,  Great information for buyers and sellers in your area and us here in the rain.

 

Feb 11, 2019 07:15 AM #1
Ambassador
2,527,245
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Will Hamm   Thanks for taking the time to stop and comment.  Please take a look at my previous blog on asking for help for my Grandson as your state so far has not be accounted for

Feb 11, 2019 01:30 PM #2
Rainmaker
1,897,128
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Ed Silva - You're very thorough at marketing and I wish you the best sales for 2019!

Feb 12, 2019 08:54 PM #3
Rainmaker
4,755,478
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Ed.  Thanks for keeping us updated about the Prospect CT real estate market.

Feb 14, 2019 08:02 AM #4
Rainmaker
2,694,997
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Prospect looks good these days and many more into 2019 and beyond! Love and light!

Feb 20, 2019 11:10 PM #5
Post a Comment
Spam prevention
Show All Comments

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

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

Ambassador
2,527,245

Ed Silva

Central CT Real Estate Broker Serving all equally
How Can I help you with Connecticut Real Estate?
*
*
*
*
Spam prevention

Additional Information