Southbury CT-Real Estate Market Report - January 2012

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956
http://actvra.in/rwH

SOUTHBURY CT-REAL ESTATE MARKET REPORT- JANUARY 2012

Southbury CT-Real Estate Market Report January 2012 A slight increase in the volume of home sales in Southbury CT, coupled with a decline in average sales prices compared to both last month and last year, is great news for buyers looking for a home in Southbury. Sellers, if you are looking to capitalize on this, the best thing you can do is to price your homes at market value so that they can sell.

 

12/2011

11/2011

12/2010

Active Listings

125

141

105

New Listings

9

15

10

Av. Listing Price

$442,166

$467,332

$518,986

Av. Sq. Ft.

2492

2637

2715

Av. DOM

256

231

203

Homes Sold

9

6

9

Av. LP – Homes Sold

$345,711

$449,100

$398,167

Av. SP – Homes Sold

$326,953

$419,167

$372,600

Av. DOM – Homes Sold

123

81

177

SP/LP Ratio

92%

92%

92%

Absorption Rate

10.67

11.5

10

Months of Inventory

12

12

10.5

 

The single familySouthbury CT homes for salerange from a 400 sq. ft. 1 bedroom ranch being offered for $45,000 to a 3012 sq. ft. 4 bedroom other style home being offered for $3.3 million.


Here is a breakdown of the home prices in Southbury CT:

home prices in Southbury CT                                    

The highest percentage of Southbury homes for sale is between $400,000 and $500,000, and there are a significant number of homes for sale under that range.

 

You can search for Southbury CT homes for sale by visiting William’s Places!

 
The Southbury CThomes that sold in December range from a 1734 sq. ft., 3 bedroom colonial that sold for $48,000 to a 3862 sq. ft., 4 bedroom colonial that sold for $571,575.

 

These are the nine homes that sold in the Southbury CT area in the month of December:

statistics for Southbury CT home sales

 

Click on Southbury CT Real Estate - Market Updatesto see prior Southbury CT market reports.

 

Looking to relocate to Southbury CT? Visit Looking For A Reason to Move-Destination: Southbury CT

 

For further information about the Southbury 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 Southbury 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
1,293,922
Carla Muss-Jacobs, Principal Broker/Owner
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% o... - Portland, OR
Buyer Focused ~ Buyer Results

Fantastic market report William.  I appreciate the time you took to prepare this.  Pretty much a buyers' market according to the absorption rates. 

Jan 19, 2012 04:12 PM #1
Rainer
23,379
dave bothell
NATIONAL REALTY CENTERS - Westland, MI

 

this was very well put together my brother lives in the area,from the info on your report he will be staying put for now!thanks for the info,if you need something in michigan let me know!

 

your friend

dave

Jan 19, 2012 04:18 PM #2
Rainmaker
114,791
Rick Cignoli
Norcom Mortgage - Watertown, CT
Sr. Mortgage Officer

William ... Thanks for the info. Just FYI. Most of your home listings in Southbury qualify for the USDA's Rural Housing Development loan program, 100% financing of the appraised value. No monthly MI. Beats FHA any day. Call me for a comaparison chart. Rick

Jan 19, 2012 04:22 PM #3
Rainmaker
1,063,923
Kevin B. Tolbert PA Team
Keller Williams Realty of Port Saint Lucie - Saint Lucie West, FL
New Home Construction and Luxury Specialist!

Great Job William.  Keep this positive news coming and sooner or later the public will see it too.

Jan 19, 2012 06:48 PM #4
Rainmaker
687,249
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Put our 28 years experience and technolgy to work

Good Evening William

Thanks for the Southbury Real Estate update. Have a great day.

Jan 19, 2012 07:05 PM #5
Rainmaker
899,767
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Southbury, CT home buyers definitely to be out in full force while mortgage rates are still low and while it appears to be a buyers' market.  Great overview of that market, William.

Jan 20, 2012 09:33 PM #6
Anonymous
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Rainmaker
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William James Walton Sr.

Greater Waterbury Real Estate
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