Trumbull CT Single Family Real Estate Market Report for January 2012

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

Trumbull CT Single Family Real Estate Market Report for January 2012

 

So....what's UP in Trumbull CT?  The single family home sales for January 2012 were UP 22% over January 2011.  List and selling prices increased 2% and 3% respectively with the median going UP 16%. 

Days on the market went DOWN 9% -- always a good thing for sellers to hear!

 

    What's selling in Trumbull CT January 2012

 

The sweet spot for sales was in the popular $300K-$400K range, with sales checking in in almost every range.

 

Home sold in Trumbull CT in January 2012

 

What houses sold in Trumbull CT in January 2012?

 

Trumbull CT January 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS)

Trumbull CT January 2012 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 6.69  months for the last three months, about on par with the previous month.

This absorption rate is calculated on all price points.  If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.  

Trumbull CT Homes for Sale Absorption trend

 

Sales remained the same as last month and holding steady -- so different from the erratic averages prior.  Stability AND increase in the averages. The Trumbull single family market is healthy and moving full steam ahead. 

Going forward into February there are 34 homes under deposit and 35 pending sales (under contract).


 Trumbul CT 2011-2012 Home Sales

 

 

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)




 

 

The success in selling your house in TRUMBULL or any other community is dependent upon accurate pricing, effective staging, 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, MARKET, and SELL your home effectively in today's market. All agents do not provide  the same marketing services.  


Date Source: Greater Fairfield County Multiple Listing Service -- February 9, 2012. No representation or warranty is made to the accuracy of this information.

 

SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)



 

 Trumbull CT Single Family Real Estate Market Report for January 2012

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Show All Comments
Rainmaker
480,696
Teral McDowell
Keller Williams Central - Plano, TX
Texas Realtor, Dallas and Collin County

Barbara, your reports are well-done and I can attest to sales being up in January too - it's been a great start to 2012.

Feb 11, 2012 12:10 AM #1
Rainmaker
1,469,191
Lawrence "Larry" & Sheila Agranoff. Call 631-805-4400 (c)
Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Barbara, Looks like Trumbull CT single family market report is in good shape. With listing and selling prices up and days on market down, buyers and sellers should be ready for an exciting year in the area!

Feb 11, 2012 08:04 AM #2
Rainmaker
1,088,415
Robert (Bob) Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX Real Estate Expert

Barbara,

Good market report. Prices are up, units sold are up and inventory at 6.7 months is not bad. I am happy to see that your market looks pretty good right now and hopefully will just get better as the year goes on.

Feb 11, 2012 03:55 PM #3
Rainmaker
607,317
Barbara Altieri
RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate - Shelton, CT
REALTOR - Fairfield County CT Real Estate

Teral -- From what I see, the market is bouncing back.  I am anticipating a good spring into summer market. How can a qualified buyer not take advantage of the low interest rates and low housing prices. This opporunity may not come along again for a very long time.

Larry & Sheila -- Yes, Trumbull is a very desirable area.  I believe these good reports will be the norm in the coming months!

Bob -- I am anticipating it will keep improving as we make it into the warmer weather.

Feb 11, 2012 05:39 PM #4
Ambassador
1,846,867
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - Middletown, CT
Your Connecticut Mortgage Expert

Barbara "The sweet spot for sales" I like that :)

Keep the good news coming

Feb 11, 2012 09:04 PM #5
Rainmaker
278,601
Kasey & John Boles - Jon Gosche Real Estate
Jon Gosche Real Estate, Boise ID - Boise, ID
Boise, Meridian, Ada/Canyon/Gem/Boise Counties

Looks like good news for your area.  Great market report. Have a nice week! -Kasey

Feb 13, 2012 01:24 AM #6
Ambassador
1,207,058
Tammie White
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net - Franklin, TN
Franklin TN, South of Nashville

Barbara, you have packed a lot of very useful information into this post. Both buyers and sellers could benefit from this.

Feb 13, 2012 02:22 PM #7
Rainmaker
798,107
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales a

Great market report Barbara, looks like your market is doing well in Trumbull CT.

Feb 13, 2012 07:32 PM #8
Rainer
421,810
Peggy Chirico
Prudential CT Realty - Manchester, CT
REALTORĀ® 860-748-8900, Hartford & Tolland County Real Estate

That's fantastic news for Trumbull, Barbara. We have had some very slow sales in January in some towns here.

Feb 15, 2012 01:23 PM #9
Rainmaker
607,317
Barbara Altieri
RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate - Shelton, CT
REALTOR - Fairfield County CT Real Estate

George -- Yes, and it's an advantage to know where the sweet spot is for pricing and marketing.

Kasey -- Trumbull is really holding its own and still remains a very desirable community in which to live.

Tammie -- If I were a buyer or seller, the first place I would be looking is online to find market reports for areas I was interested in.  Wouldn't you?

Al - Yes, Trumbull is holding its own and will likely improved in the coming months. Buyers need to take advantage of the low interest rates to get into a wonderful place to live.

Peggy -- Trumbull has been very good. As you well know, one town could be up and a neighboring town down. Either way, sales might be up or down, but the values are showing a lot of stability. Good news for sellers and time for buyers to jump in with the low rates.

Feb 17, 2012 07:05 AM #10
Show All Comments
Rainmaker
607,317

Barbara Altieri

REALTOR - Fairfield County CT Real Estate
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