William's Places: January 2013

Middlebury CT 2012 Real Estate Market Report

 Middlebury CT 2012 Real Estate Market Report

middlebury ct real estate statistics

 

In 2012, 54 homes were sold in Middlebury CT, with an average sale price of $334,580 and an average of 99 days on market. The homes that sold ranged from a 676 sq. ft. 1 bedroom ranch that sold for $90,000, to a 6500 sq. ft. 5 bedroom colonial that sold for $1,300,000.

The recovery of the Middlebury CT housing market is looking elusive, with a 19% decrease in home sales prices in 2012 from 2011, below even 2010 prices. There are a few bright spots, however, as the length of time it has taken to get a home sold has decreased, and sales price/list price ratios have remained constant over the last two years. Sellers, remember to list your homes at market value  if you are going to place your homes on the market in 2013, so that it will sell quickly.

 

2012

2011

2010

2009

2008

Homes Sold

54

62

45

74

69

Av. Listing Price

334,580

408,758

362,804

410,811

426,294

Av. Sale Price

308,893

381,732

332,418

377,351

406,457

Av. DOM

99

135

117

140

128

SP/LP Ratio

94%

94%

92%

93%

95%

Change in $ +/-

-19.1%

+14.8%

-13.3%

-17%

-3.6%

 

For further information about the Middlebury 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 Middlebury 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

Comment balloon 5 commentsWilliam James Walton Sr. • January 28 2013 05:47PM
Middlebury CT 2012 Real Estate Market Report
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Middlebury CT 2012 Real Estate Market Report In 2012, 54 homes were sold in Middlebury CT with an average sale price of $334, 580 and an average of 99 days on market. The homes that sold ranged from a 676 sq. ft. 1 bedroom… more
Do Judgments, Liens, Collections, & Charge-Offs Need To Be Paid…
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This could not have been said any better, than from an individual who works to qualify buyers in order to purchase a home. If any of the issues that George refers to applies to you, it is in your best interest to have them resolved quickly so that… more