PROSPECT CT REAL ESTATE MARKET REPORT - JANUARY 2011
The best news coming out of the stats for the Prospect CT real estate market is that there is no increase in inventory, as the number of homes that were listed in December is equal to the number of homes that were sold in the same time period. If this continues over the next several months, Prospect CT sellers may start to see the market shifting more in their favor​.
|
Active Listings |
49 |
|
New Listings |
0 |
|
Average List Price |
$329,879 |
|
Median List Price |
$339,900 |
|
Average Sq. Ft. |
2225 |
|
Median Sq. Ft. |
2198 |
There are 49 single family Prospect CT homes for sale , with an average listing price of $329,879, and 184 days on market, ranging from a 672 sq. ft. 2 bedroom ranch being offered for $25,000 to a 5305 sq. ft. 4 bedroom colonial being offered for $669,900.
9 of the Prospect CT houses for sale were just listed in the month of December, with an average listing price of $330,867. Here's a breakdown of the Prospect CT homes for sale prices:
|
List Price |
Houses |
% |
|
< 200,000 |
6 |
12.3 |
|
200,001-250,000 |
8 |
16.3 |
|
250,001-300,000 |
8 |
16.3 |
|
300,001-350,000 |
4 |
8.2 |
|
350,001-400,000 |
12 |
24.4 |
|
400,001-450,000 |
6 |
12.3 |
|
450,001-500,000 |
1 |
2 |
|
>500,001 |
4 |
8.2 |
And these are the homes for sale listed in December in Prospect CT:
|
Address |
L/Price |
ADOM |
|
6 DAMASE ST |
210,000 |
15 |
|
27 SKYLINE DR |
200,000 |
16 |
|
2 CARMEL DR |
356,900 |
30 |
|
173 SUMMIT RD |
230,000 |
32 |
|
24 OAK LANE |
179,900 |
33 |
|
11 HYDELOR AVE |
392,000 |
37 |
|
17 SADDLE CT |
399,000 |
40 |
|
38 CAMBRIDGE DR |
595,000 |
42 |
|
23 SOUTHRIDGE RD |
415,000 |
43 |
You can search for Prospect CT homes for sale by visiting William’s Places !
|
Closed Listings – 9 |
Average |
Median |
|
Days on Market |
107 |
31 |
|
List Price |
$222,744 |
$254,900 |
|
Sale Price |
$212,167 |
$248,000 |
|
Sq. Ft. |
1460 |
1432 |
|
LP/Sq. Ft. |
$153.85 |
$165.09 |
|
SP/Sq. Ft. |
$147.72 |
$160.62 |
|
SP/LP Ratio |
95% |
97% |
9 homes were sold in Prospect CT in the month of December, with an average sale price of $212,167, and an average of 107 days on market, ranging from a 924 sq. ft., 2 bedroom mobile home that sold for $34,000 to a 2730 sq. ft., 4 bedroom ranch that sold for $300,000. By comparison, in December 2009, 6 homes were sold in Prospect, with an average sale price of $349,150 and an average of 72 days on market.
The Prospect CT real estate market is still in a buyer’s market with 7.74 months of inventory at an absorption rate of 6.33 homes being sold each month over the last 6 months with 49 homes currently on the market.
These were the 9 houses that won the Prospect CT real estate market homes sold contest:
|
Address |
L/Price |
S/Price |
DOM |
|
81 BARBARA AVE |
37,000 |
34,000 |
277 |
|
21 CHERYL LN |
349,000 |
300,000 |
20 |
|
4 DOROTHY AVE |
179,000 |
176,000 |
88 |
|
8 LAKEVIEW RD |
288,000 |
285,000 |
9 |
|
17 NANCY MAE AVE |
289,000 |
280,000 |
239 |
|
2 SPRUCE DR |
259,900 |
253,000 |
30 |
|
119 SUMMIT RD |
254,900 |
248,000 |
27 |
|
93 UNION CITY RD |
175,000 |
170,000 |
28 |
|
27 WILLIAMS DR |
172,900 |
163,500 |
239 |
Click on Prospect CT Real Estate - Market Update for prior Prospect, CT market reports.
Looking to relocate to Prospect CT ? Visit Looking For A Reason to Move-Destination: Prospect CT
To get a feel for what Prospect CT has to offer, you can read the following:
Prospect CT Pumpkin Festival - December 24 2009
If you want more information on Prospect CT homes for sale, please call me at (203) 558-7463 or send me an e-mail. I look forward to helping or discussing with you Prospect CT homes for sale.
© William James Walton, Sr. Market Report data provided by CTMLS. All data 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
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