Trumbull CT Real Estate Market Report and Homes Sold June 2016
By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT home sales just took a big JUMP. June 2016 sales were UP 32% as compared to June 2015 sales and were UP 65% since May. The average listing and selling prices for June decreased 6% and 5% respectively. The median home price INCREASED 4%. This is a good example for understanding the difference between the sales average and median home price. Going forward, there are 37 homes under deposit and 62 sales pending strong. The market absorption rate came in very LOW at 2.67 months which is statistically a seller's market. This means at the current pace, it would take 2.67 months to sell off the inventory of 176 homes. What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS) Homeowners, if you are thinking of selling a...