Plymouth CT 2011 Real Estate Market Report

In 2011, 95 homes were sold in Plymouth CT, with an average sale price of $187,407 and an average of 95 days on market. The homes that sold ranged from a 924 sq. ft. 2 bedroom mobile home that sold for $20,000, to a 3000 sq. ft. 3 bedroom contemporary style home that sold for $425,000.
The absorption rate for Plymouth CT home sales in 2011 was 7.92 homes sold per month. With the average number of homes on the market in Plymouth being about 89 at any given time, that leaves roughly 11 months of inventory remaining.
|
|
2011 |
2010 |
2009 |
2008 |
2007 |
|
Homes Sold |
95 |
90 |
98 |
110 |
125 |
|
Av. Listing Price |
175,351 |
194,508 |
183,043 |
206,667 |
222,274 |
|
Av. Sale Price |
166,109 |
187,407 |
173,506 |
197,034 |
215,248 |
|
Av. DOM |
115 |
95 |
94 |
87 |
77 |
|
SP/LP Ratio |
94% |
96% |
94% |
95% |
97% |
2011 was a good year for the majority of buyers in Plymouth CT, as prices dropped below both last year’s figures and sales prices for 2009. There is a silver lining in these clouds for sellers, as the volume of sales increased slightly and sales price/list price ratios have remained stable over the last several years. What does this mean for Plymouth CT home sellers? Be very reasonable about pricing your home for its condition, and at market prices your home should sell within a six month time frame.
Go to Plymouth CT Real Estate - Market Update for prior Plymouth CT market reports.
Looking to relocate to Plymouth CT? VisitLooking For A Reason to Move-Destination: Plymouth CT.
For more information about the Plymouth 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 Plymouth 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.
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













You can get a better sense of what the real estate market for Plymouth CT looks like by viewing the information by zip code:
You can get a better sense of what the real estate market for Plymouth CT looks like by viewing the information by zip code:

