PROSPECT CT-REAL ESTATE MARKET REPORT - DECEMBER 2011
Prospect CT- Real Estate Market Report - December 2011Sales prices continue to decline in Prospect in comparison to last month and last year. A look at the homes sold graph shows that most of the homes did net at least 90% of their asking price. Sellers , if you correctly price your home based on its condition, then buyers will definitely want not only to see the home, but to make an offer on it.
|
|
11/2011 |
10/2011 |
11/2010 |
|
Active Listings |
73 |
65 |
58 |
|
New Listings |
13 |
18 |
11 |
|
Av. Listing Price |
$308,182 |
$296,383 |
$313,254 |
|
Av. Sq. Ft. |
2088 |
2020 |
2056 |
|
Av. DOM |
154 |
178 |
172 |
|
Homes Sold |
4 |
4 |
8 |
|
Av. LP – Homes Sold |
$179,925 |
$331,200 |
$274,588 |
|
Av. SP – Homes Sold |
$163,450 |
$312,875 |
$265,113 |
|
Av. DOM – Homes Sold |
116 |
74 |
77 |
|
SP/LP Ratio |
88% |
95% |
96% |
|
Absorption Rate |
4.33 |
4.17 |
6.83 |
|
Months of Inventory |
17 |
16 |
8.5 |
The single family Prospect CT homes for sale range from an 840 sq. ft. 2 bedroom mobile home being offered for $20,000 to a 5000 sq. ft. 5 bedroom colonial being offered for $775,900Here's a breakdown of the Prospect CT homes for sale prices:
Most of the homes for sale in Prospect CT are rather affordable, with 40% of the homes being under $300,000.
You can search forProspect CT homes for sale by visiting William’s Places!
Homes that sold in Prospect CT in the month of November ranged from a 1679 sq. ft., 3 bedroom ranch that sold for $81,000 to a 2304 sq. ft., 3 bedroom split-level ranch that sold for $214,900.
These were the 4 houses that won the Prospect CT real estate market homes sold contest in November:
Looking to relocate to Prospect CT? Visit Looking For A Reason to Move-Destination: Prospect CT
For more information about Prospect CT, you can visit the following:
Prospect CT Real Estate - Market Update- prior Prospect CT market reports
Prospect CT Pumpkin Festival - July 24 2009
For more details about the Prospect 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 Prospect CT houses 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
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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Good Evening William
Thanks for anothe r super real estate market report. Have a great day