MIDDLEBURY CT-REAL ESTATE MARKET REPORT for JANUARY 2014 What does the real estate market look like in Middlebury, CT?  Well, the number of homes that have been sold has remained rather constant over the last few months, and average sale prices are still higher than last year's average sale prices. This bodes well for those looking to sell their homes in Middlebury. There are currently 38 Middlebury CT homes for sale, with an average listing price of $545,096, and a median listing price of $375,000.      There are 7 pending sales (under contract), with an average asking price of $346,657 and a median asking price of $359,000.    5 homes were sold in Middlebury CTin the month of January, with an average sale price  of $297,800 and a median sale price of $355,000. By comparison, in Januar... 02/17/2014

Middlebury CT 2013 Real Estate Market Report     In 2013, 72 homes were sold in Middlebury CT, with an average sale price of $310,328 and an average of 98 days on market. The homes that sold ranged from a 1620 sq. ft. 3 bedroom colonial that sold for $63,500, to a 3672 sq. ft. 4 bedroom contemporary that sold for $675,000.   It is quite difficult to say that the recovery of the Middlebury CT housing market is underway with a less than 1% increase over last year's average sale prices. It is interesting to note, however, that this is the second year within the last 5 years that home values have seen a positive increase. On a more positive note, the length of time that it has taken to get a home sold and sales price/list price ratios have remained relatively constant over the last two year... 02/13/2014

Middlebury CT Real Estate Sales Report for December 2013 Currently in Middlebury CT there are 46 active residential listings for sale, with 3 new listings being added in December. The homes for sale in Middlebury CT range from a 1,030 square ft, 2-bedroom Bungalow listed at $109,900 to a 8,420 square ft, 4-bedroom, colonial estate on 16 acres listed at $3,950,000.   Search for Homes in Middlebury CT The average list price of the homes currently available for sale in Middlebury CT is $505,115. The average days on market for these homes are 167 days. In addition, there is currently 1 homes under contract in Middlebury CT.   In December, 4 homes closed in Middlebury CT. They ranged from a 3,473 square ft, 4-bedroom raised ranch, which sold for $294,900 to a 3,071 square ft, 3-bedroom, colo... 01/27/2014

MIDDLEBURY CT-REAL ESTATE MARKET REPORT for DECEMBER 2013   What does the real estate market look like in Middlebury, CT?  Well,  the number of homes that have been sold has remained rather constant over the last few months, with a more than 10% increase from both  last month and last year's average sale prices. This bodes well for those looking to sell their homes in Middlebury.   There are currently 39 Middlebury CT homes for sale, with an average listing price of $560,830, and a median listing price of $379,900.             There are 8 pending sales (under contract), with an average asking price of $366,938 and a median asking price of $389,450.         4 homes were sold in Middlebury CTin the month of December, with an average sale price  of $398,725 and a median sale price of $362,... 01/08/2014

MIDDLEBURY CT-REAL ESTATE MARKET REPORT for NOVEMBER 2013 Middlebury CT Real Estate Market Report for November 2013 The real estate market in Middlebury is continuing to hold steady, with the number of sales being consistent with last month and with pending sales seeing an upswing in prices. Average sale prices have held stable from last year to this year. There are currently 48 Middlebury CT homes for sale average listing price of $562,291  median listing price of $397,450            9 pending sales (under contract): average asking price of $358,467 median asking price of $378,000           4 homes were sold in Middlebury CTin the month of November average sale price of $252,900 median sale price of $227,500 By comparison, in November 2012, 4 homes were sold, with an average sale price... 12/29/2013

Middlebury CT Real Estate Sales Report for November 2013 Currently in Middlebury CT there are 52 active residential listings for sale, with 2 new listings being added in November. The homes for sale in Middlebury CT range from a 1,030 square ft, 2-bedroom Bungalow listed at $109,900 to a 8,420 square ft, 4-bedroom, colonial estate on 16 acres listed at $3,950,000.   Search for Homes in Middlebury CT The average list price of the homes currently available for sale in Middlebury CT is $543,195. The average days on market for these homes are 167 days. In addition, there are currently 2 homes under contract in Middlebury CT, with 1 going under contract in November.   In November, 4 homes closed in Middlebury CT. They ranged from a 1,248 square ft, 2-bedroom ranch, which sold for $170,100 t... 12/28/2013

Middlebury CT Real Estate Sales Report for July 2013   Currently in Middlebury CT there are 73 active residential listings for sale, with 14 new listings being added in July. The homes for sale in Middlebury CT range from a 1,030 square ft, 2-bedroom Bungalow listed at $124,900 to a 8,420 square ft, 4-bedroom, colonial estate on 16 acres listed at $3,950,000.       Search for Homes in Middlebury CT     The average list price of the homes currently available for sale in Middlebury CT is $550,971. The average days on market for these homes are 134 days. In addition, there are currently 6 homes under contract in Middlebury CT, with 2 going under contract in July.     In July, 9 homes closed in Middlebury CT. They ranged from a 1,125 square ft, 3-bedroom ranch, which sold for $160,000 to a ... 08/30/2013

MIDDLEBURY CT-REAL ESTATE MARKET REPORT for APRIL 2013   Middlebury CT Real Estate Market Report for April 2013 The real estate market in Middlebury is continuing to hold steady, with the number of sales being consistent with last month and with pending sales seeing an upswing in prices. This offsets the slight difference in average sales prices from last year to this year.   There are currently 44 Middlebury CT homes for sale average listing price of $548,125  median listing price of $398,500            13 pending sales (under contract): average asking price of $382,954 median asking price of $365,000         4 homes were sold in Middlebury CTin the month of April average sale price of $245,750 median sale price of $241,000 By comparison, in April 2012, 5 homes were sold, with an avera... 05/19/2013

MIDDLEBURY CT-REAL ESTATE MARKET REPORT for MARCH 2013   Middlebury CT Real Estate Market Report for March 2013 The real estate market in Middlebury is holding steady, with the number of pending sales being consistent with last month. Average sales prices continue to be better than they were last year, so now is a good time to place your home on the market for sellers thinking of selling your home.   There are currently 36Middlebury CT homes for sale average listing price of $580,331  median listing price of $459,450              10 pending sales (under contract): average asking price of $345,760 median asking price of $329,400       4 homes were sold in Middlebury CTin the month of March average sale price of $260,200 median sale price of $276,400 By comparison, in March 2012, 7 homes ... 05/19/2013

 MIDDLEBURY CT-REAL ESTATE MARKET REPORT for FEBRUARY 2013   Middlebury CT Real Estate Market Report for February 2013 The real estate market in Middlebury improved in both the volume of sales and average sales prices from both last month and last year. Pending sales figures continue to suggest that the spring selling season will be good to Middlebury CT sellers.   There are currently 35Middlebury CT homes for sale average listing price of $598,057  median listing price of $459,000          11 pending sales (under contract): average asking price of $352,109 median asking price of $338,800       7 homes were sold in Middlebury CT in the month of February average sale price of $314,286 median sale price of $257,500 By comparison, in February 2012, 2 homes were sold, with an average and me... 03/10/2013

 MIDDLEBURY CT-REAL ESTATE MARKET REPORT for JANUARY 2013   Middlebury CT-Real Estate Market Report for January 2013 The real estate market in Middlebury is continuing to weather the drop in home values due to the recent revaluation, with both the volume of sales and average sales prices showing a sharp decline from last year. What is promising, however, are the pending sales figures, which speaks well for the upcoming spring months.   There are currently 29Middlebury CT homes for sale average listing price of $631,769  median listing price of $459,000            13 pending sales (under contract): average asking price of $369,085 median asking price of $349,900         2 homes were sold in Middlebury CT in the month of January ·         average and median sale price of $224,800 ·       ... 02/27/2013

2012 Year End Real Estate Market Update for Middlebury CT     For the year 2012, the market sales or absorption rate in Middlebury CT was 4.5 sales per month. Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market.   Search for Homes in Middlebury CT   An inventory equivalent to a 6 months sale rate is considered a balanced market.  Less than 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.   The average value for the homes sold in Middlebury CT for the year was $304,893 with average days on market of 99.  There are currently 41 homes available for sale in Middlebury CT, which would be an 8+ month inventory at the absorption rate of 2012.     The list price rat... 01/29/2013

 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 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 q... 01/28/2013

A Ginger Bread Village 45 years in the Making in Middlebury C T St George’s Episcopal Church in Middlebury CT just concluded its 45th successful Ginger Bread Village and Christmas Bazaar. Each year, starting on the first at in December and for the following week parishioners and visitors are treated to a Christmas display of ginger bread houses, baked and built with all measure of imagination and sweet decorations. The Christmas Bazaar features handmade crafts, ornaments for decorating, pewter ornaments, holiday buttons and magnets. In addition, the ginger bread houses are offered for sale, but they cannot be removed until the conclusion of the festival. More than 350 pounds of flour, 15 gallons of molasses, 80 pounds of margarine and additional ingredients go into the making of the hou... 12/08/2012

Middlebury CT Real Estate Sales Report for October 2012      Search for Homes in Middlebury CT   Currently in Middlebury CT there are 63 active residential listings for sale. They range from a 1,253 square ft, 2-bedroom cape listed at $139,900 to a 4,100 square ft, 3-bedroom New England Shingle-Style home listed at $2,250,000.       The average list price of the homes currently available for sale in Middlebury CT is $492,482. The average days on market for these homes is 134 days. For the month of October, there were 8 new homes listed for sale in Middlebury CT.  There are currently 6  homes under contract in Middlebury CT.   In October, 2 homes closed in Middlebury CT. They were a 1,917 sq. ft. 2-bedroom cape home which sold for $320,000 and a 3,336 sq ft, 3-bedroom contemporary which ... 11/27/2012

Middlebury CT Real Estate Sales Report for August 2012     Search for Homes in Middlebury CT     Currently in Middlebury CT there are 73 active residential listings for sale. They range from a 1,213 square ft, 4-bedroom cape listed at $144,900 to a 4,100 square ft, 3-bedroom New England Shingle-Style home listed at $2,250,000.   The average list price of the homes currently available for sale in Middlebury CT is $454,088. The average days on market for these homes is 111 days. For the month of August, there were 12 new homes listed for sale in Middlebury CT.  There are currently 5  homes under contract in Middlebury CT.       In August, 2 homes closed in Middlebury CT. They were a 1,852 sq. ft. 3-bedroom bi-level home which sold for $301,350 and a 2,499 sq ft, 4-bedroom colonial which s... 09/27/2012

Middlebury CT Real Estate Sales Report for June 2012     Currently in Middlebury CT there are 71 active residential listings for sale. They range from a 512 square ft, 1-bedroom bungalow listed at $140,000 to a 4,100 square ft, 3-bedroom New England Shingle-Style home listed at $2,250,000.     The average list price of the homes currently available for sale in Middlebury CT is $486,438. The average days on market for these homes is 136 days. For the month of June, there were 16 new homes listed for sale in Middlebury CT.  There are currently no homes under contract in Middlebury CT.     In June, 8 homes closed in Middlebury CT. They ranged from a 676 sq ft, 1-bedroom handyman special ranch which sold for $90,000 to a 6,500 square ft, 5-bedroom colonial style estate which sold for $1,300... 08/01/2012

Middlebury CT Real Estate Sales Report for May 2012     Currently in Middlebury CT there are 79 active residential listings for sale. They range from a 483 square ft, 1-bedroom lake front bungalow listed at $150,000 to a 3.989 square ft, 4-bedroom classic colonial estate listed at $1,575,000. The average list price of the homes currently available for sale in Middlebury CT is $479,830. The average days on market for these homes is 291 days. For the month of May, there were 13 new homes listed for sale in Middlebury CT.  There are currently 4 homes under contract in Middlebury CT.     In May, 2 homes closed in Middlebury CT. They were a 1,670 square ft, 3-bedroom raised ranch which sold for $265,000 after 11 days on market and a 2,318 square ft, 3-bedroom bi-level ranch which sold for $3... 06/29/2012

Middlebury CT Real Estate Sales Report for April 2012     Currently in Middlebury CT there are 76 active residential listings for sale. They range from a 483 square ft, 1-bedroom lake front bungalow listed at $150,000 to a 4,100 square ft, 3-bedroom classic colonial estate listed at $1,900,000. The average list price of the homes currently available for sale in Middlebury CT is $511,356. The average days on market for these homes is 313 days. For the month of April, there were 9 new homes listed for sale in Middlebury CT.  There are currently no homes under contract in Middlebury CT.     In April, 5 homes closed in Middlebury CT. They ranged from a 1,620 square ft, 3-bedroom colonial which sold for $190,000 to a 1,771 square ft, 3-bedroom ranch which sold for $350,000. The average sales... 05/25/2012

The Time is Right to Buy a Home in Middlebury CT   We have had a very mild winter here in Middlebury CT, and very few people are unhappy about that. The economy and the market have created the 'perfect storm' for real estate, so there has never been a better time to buy.   Interest rates are at an all time low and have been that way for some time. Inventory is stable and prices have stabilized at homes are priced near the pre-boom prices of the early 2000 time. Sellers have been busy making their homes as attractive as possible for buyers looking to own a home in Middlebury CT.The prices are right and sellers are motivated.   With home ownership come many benefits. It is the American dream that provides financial benefits as well as security and shelter for families: Homeowners become a... 04/24/2012