Shelton CT Single Family Market Report - November 2011 - Shelton CT Real Estate

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Real Estate Agent with RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate RES.0781237
http://actvra.in/pkW

Shelton CT Single Family Market Report - November 2011 - Shelton CT Real Estate

 

The roller coaster is chugging UP the hill.   The Shelton CT single family market report for November 2011, which includes Huntington and White Hills,  shows a 17% increase in sales over October 2011.

 

Shelton CT Annual Home Sales Chart

Additionally, a comparison to the same period last year shows a 17% INCREASE in sales.  List and selling averages decreased 20% and 21% respectively.  The median also fell down at 7% lower. 


 

                                        Shelton CT Single Family Market Report November 2011

71% of sales were concentrated in the $0-300K range with the highest concentration in the popular $200-$300K range keeping averages on the low side.


Home sold in Shelton CT in November 2011



Moving forward, there are 18 homes under deposit and 27 sales pending. 

 

Which houses sold in Shelton CT in November 2011?

 

Shelton CT November 2011 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 12/5/11)

Shelton CT October 2011 Property Transfers


 

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 9.16 for the last three months.  This is down from last month no doubt due to sellers either pulling their houses off the market or other sellers waiting to list until after the holidays.

How does a seller reduce this number for his house?  Price, condition and marketing!!

Keep in mind that this rate is for ALL houses.  If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.  

Shelton CT Homes for Sale Absorption trend

 

SEARCH for Your New Home in Shelton, CT which includes Huntington and White Hills.

 

  

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.


Date Source: Greater Fairfield County Multiple Listing Service -- December 5, 2011. No representation or warranty is made to the accuracy of this information.

 

 

Shelton CT Single Family Market Report - November 2011 - Shelton CT Real Estate



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Show All Comments
Rainmaker
1,081,373
Robert (Bob) Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX Real Estate Expert

Barbara,

Good market report as demand is up but prices are down. The available inventory is still in the buyers market category but it is not that bad. Hopefully you are particpating in the increase of home sales.

Dec 06, 2011 11:58 AM #1
Ambassador
1,264,740
Toni Weidman
Re/Max Sunset Realty - Trinity, FL
23 Years Selling Homes in New Port Richey, FL
Looking good, Barbara. Have a great day
Dec 06, 2011 12:46 PM #2
Rainer
421,810
Peggy Chirico
Prudential CT Realty - Manchester, CT
REALTORĀ® 860-748-8900, Hartford & Tolland County Real Estate

The roller coaster is chugging up the hill - I love it! How many times that has been what I have wanted to say!  Let's hope it continues! Great report about Shelton!

Dec 11, 2011 07:50 AM #3
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Rainmaker
604,987

Barbara Altieri

REALTOR - Fairfield County CT Real Estate
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