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Trumbull, CT Real Estate News

By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Real Estate Market Report ~ April 2012 ~ Home Sales UP 24%   Trumbull CT home sales continue to be on their way UP.    Closed sales in Trumbull CT were UP 24% in April 2012 compared to the same period last year. THEN, .there's more good news! List and selling prices INCREASED 7% and 6% respectively AND the median went UP 6%.  Still MORE..... Days on the market went DOWN 27%.   Houses are moving!  There has been stabilization in Trumbull and a definite uptick in activity and home sales.  Buyers recognize this is it!  This is the time to get into the market if you can.       Take a look at the yea- to-year comparison.          Ready for more good news?    Moving forward, there are 38 homes under deposit and 59  homes under contract! That is the HIGHEST number of pending in a V...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
  TRUMBULL Market Trends Report March 2012   The Trumbull, Connecticut real estate market is strengthening.  It is still a Buyers Market, but the three month comparison shows that list and sales prices are increasing and the Average List to Sales Price is one of the highest in Fairfield County. The amount of inventory that the market can absorb is also not improving. We use the 12 month absorption rate (see chart above) to determine inventory absorption, which means that it would take about 9-10 months to sell every home currently on the market in Trumbull. This is actually better than most towns in Fairfield County.  Although it is still a Buyers Market in Trumbull, this has been an active Spring market in Trumbull.  Buyers should make their Trumbull home purchase now while interest r...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull Nature and Arts Center Spring Kids Activities Looking for something to do in or around Trumbull CT with the kids that is both fun and educational? The Trumbull Nature and Arts Center, 7115 Main Street, Trumbull CT is offering a variety of spring programs to engage, teach, and entertain your kids.Grow Your Own FrogDiscover the intriguing world of frogs and get to know some of Trumbull’s local specimens up close and personal. Participants will create a frog habitat they can take home where they can raise frog eggs and experience their remarkable metamorphosis. Frogs must be returned to their natural habitat upon maturity.Tuesday, April 10, or Thursday April 12; 4-5:30 p.m.Members $12; non-members $15Exploring the Parks through GeocachingGet to know Trumbull parks and learn about ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Real Estate Market Report ~ March 2012 ~ Home Sales UP 170%   If you thought the Trumbull CT single family home sales in February were looking up, wait until you see March numbers!   Home sales in Trumbull CT were UP a whopping 170% in March 2012 compared to the same period last year. THEN, hold on....there's more.... List and selling prices INCREASED 11% and 12% respectively AND the median went UP as well -- 11%.  Still MORE..... Days on the market went DOWN 53%.  That's right.....53%!!      Take a look....          Ready for more good news?    Moving forward, there are 35 homes under deposit and 48 homes under contract! April sales numbers should be fantastic as well.  Trumbull home sales continue to be on the move.  Be a part of the action.  Homeowners, if you are thinkin...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Living in the Tashua Section of Trumbull CT 06611   One of the most distinctive, well known, and sought after areas to live in the town of Trumbull CT is the Tashua section, located in the northwest corner of town.   Flanked by the town of Monroe on the north and Easton on the west, the Tashua section of Trumbull extends south from the Monroe/Easton border to approximately Madison Junior High School on Madison Avenue.  (see map below)   Named for the Tamtashua Indians, the area is full of lovely family homes on tree lined streets, the better majority being colonial style, and is home to the Tashua Recreation Area, Tashua Elementary School and Madison Junior High School.       High above Tashua sits Tashua Hills, 608 feet above sea level, and  is the highest elevation on the East Coast...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
NEGOTIATING OFFERS ON YOUR TRUMBULL CONNECTICUT HOME Getting an offer is not the end of the sales process, it's really the beginning.  Up until this point everything has simply been paving the way for the right buyer to make an offer on your home.  An offer includes more than the price, it includes the terms of the sale, which can sometimes be more important than the price.  For example, if someone offers full list price, but makes the sale contingent upon the sale of their own home, this offer is less desirable than a slightly lower offer with no contingencies.  You need to look at the offer as a whole, not just at one or two aspects.  Sometimes getting the right price causes sellers to overlook problems that could arise from the close dates or mortgage contingency dates.  They are so ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Tashua Golf Courses ‘FORE’ All Skill Levels   Trumbull CT proudly features its two public golf courses – 18-hole Tashua Knolls Golf Course and 9-hole Tashua Glen. Both are located in the Tashua recreational complex in the northwest corner of the Town of Trumbull, CT. Tashua Knolls Golf Course, a par 72 course which stretches 6,540 yards from the championship tees, proves to be a challenge for even the most accomplished golfer. The course is beautifully situated on former farmland in a picturesque New England setting complete with hills, trees, stone walls, and abundant water hazards which are sure to test any golfer’s skill. Visit the layout to get a feel for the course. Need some practice? Tashua Knolls Golf course also has a full-distance driving range, two large putting g...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
SHOWING YOUR TRUMBULL CONNECTICUT HOME After you have set the price, staged your Trumbull Connecticut home, and agreed upon a marketing plan with your listing agent, the next step is to make your home easy to see and to show off your home in its best possible light.  EASY TO SHOW These are important words to busy buyer agents.  When your home is "easy to show" buyer agents may include your home in their schedule even if it isn't quite what their buyers say they want.  This is good because buyers sometimes fall in love with a home outside their stated criteria.  "Easy to show" means that the sellers are very accomodating in terms of showing times and are forgiving if the agent runs a bit ahead or behind in their schedule.  The more restrictions you put on showings in terms of times, days...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
MARKETING YOUR TRUMBULL CONNECTICUT HOME Print advertising is dead.  Well, almost!  Newspaper circulation is down and newspapers are shutting their doors across the U.S.  In tracking my Return on Investment (ROI) in advertising, I have seen print advertising decrease in effectiveness and Internet marketing increase.  MARKETING VS. ADVERTISING Let's talk a bit about the difference between marketing and advertising.  Advertising is when you pay the media to announce details of your product or service, such as when your agent takes an ad out in The Real Estate Book, a publication that is distributed at grocery stores, gas stations, and other public places.  Marketing involves all other methods to bring attention to your home and encourage its sale.  Open Houses are one form of marketing, p...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Single Family Real Estate Market Report ~ February 2012   Trumbull CT single family home sales were sceaming in February -- UP 111.11% over February 2011.  That's certainly positive news for the Trumbull housing market. List and selling prices decreased 6% and 7% respectively with the median going down 11%. Days on the market went DOWN 25%.  Houses are moving!          Now here's some really great news.  Moving forward, there are 25 homes under deposit and 49 homes under contract! March and April sales numbers should be fantastic as well.  Trumbull is on the move.  Be a part of the action.  Homeowners, if you are thinking of selling, take advantage of a complimentary market analysis today. Buyers, better get on the wagon. With still low interest rates and housing prices show...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Trumbull High School Trumbull, CT Presents THE WIZ March 22-25, 2012   Get ready to ‘ease on down the road’ with Dorothy and the Scarecrow as they dance their way down the Yellow Brick Road in Trumbull High School’s spring play, The Wiz.    If you have never experienced a Trumbull High musical, you are in for a real treat. I had the pleasure of attending many, many performances through the years, and I can tell you that they are always top notch – great acting, music, enthusiasm, and just overall excellent entertainment.   The Wiz will be presented in the Trumbull High School auditorium, 72 Stroebel Road, Trumbull on the following days and times:   Thursday, March 22    7:30 p.m. Friday, March 23        8:00 p.m. Saturday, March 24    8:00 p.m. Sunday, March 25       2:00 p.m.   For m...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
PRICING YOUR TRUMBULL CT HOME TO SELL This is the second article in a six-part series about Selling Your Trumbull CT Home in a Buyer's Market.  In the first article we described the characteristics of a buyer's market.  We will now talk about pricing your home to sell in today's buyer's market. IT'S NOT ABOUT YOU The most important thing to understand about pricing a home to sell is that the market determines the price.  The market doesn't care how much you paid for the home or how much money you put into upgrades or repairs.  Your home will sell for the price that buyers will pay for comparable homes.  If you price your home too high, even if a buyer comes along who is willing to pay above market value for your home, the mortgage company will whittle the offer down to the market value ...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
  1. INTRODUCTION   This is the first installment of a six-part series on Selling Your Trumbull Connecticut Home in a Buyer's Market.   What is a Buyer's Market?   A buyer's market is one in which there are more sellers than buyers. Nationwide we are in a real estate buyer's market, which means according to the National Association of REALTORS (NAR) that there is more than six month's worth of inventory (homes for sale). However, if you look at different locations, neighborhoods, price ranges, and even home styles, some niche markets are doing better than others. Low interest rates and FHA low down payment mortgages have encouraged sales at the low end, downsizers are spurring sales in the mid-range, and at the high end, there are buying niches, such as luxury, waterfront and water view...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
  TRUMBULL Market Trends Report January 2012   The Trumbull, Connecticut real estate market is still trending down. The slowdown earlier in the year can be attributed in part to the power outages that accompanied Tropical Storm Irene and the freak October snowstorm. However, the 3 month comparison shows that both the number of sales and sale prices are still declining.  The amount of inventory that the market can absorb is also not improving.   We use the 12 month absorption rate (see chart above) to determine inventory absorption, which means that it would take about 8-9 months to sell every home currently on the market in Trumbull.  This is actually better than most towns in Fairfield County. Although it is still a Buyers Market in Trumbull, given the low interest rates and an improv...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Single Family Real Estate Market Report for January 2012   So....what's UP in Trumbull CT?  The single family home sales for January 2012 were UP 22% over January 2011.  List and selling prices increased 2% and 3% respectively with the median going UP 16%.  Days on the market went DOWN 9% -- always a good thing for sellers to hear!         The sweet spot for sales was in the popular $300K-$400K range, with sales checking in in almost every range.     What houses sold in Trumbull CT in January 2012?   Trumbull CT January 2012 Property Transfers(as recorded in the Greater Fairfield County MLS)     The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 6.69  months for the last three months, about on par wi...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Single Family Real Estate Market Report for December 2011   Trumbull CT single family home sales for December 2011 were UP 22% over December 2010.  List and selling prices decreased 22% and 20% respectively with the median being down to a more realistic 6%.  The December 2010 averages were brought up considerably by a significant outlier at $1.2 million. The high sale in 2011 was $681,500.  So the list and selling averages were slightly inflated in 2010 which brought about a greater disparity in the year-to-year comparison.        Days on the market went DOWN 34% -- very respectable.  The market moved closer to a balanced market with 6 months supply of homes no doubt due to the low inventory with holiday listing withdrawals and postponements.    82% of sales were below $400K...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
Renovated 3 Bedroom colonial in Trumbull CT 06611 - what a great commute!  Close to the Merritt, close to Route 25, close to Route 8, and in a very historic area of Trumbull.  Lots of history surrounds this home in this area. Come take a look - give me a call today!    Perfect home to start your investing with. Dagny Eason | Dagny's Real Estate LLC | (203) 858-4853 6488 Main Street, Trumbull, CT A beautiful 3 bedroom, 1 1/2 bath colonial with fenced in back yard in perfect condition - ready to move in! 3BR/1+1BA Single Family House offered at $315,000 Year Built 1915 Sq Footage 1,350 Bedrooms 3 Bathrooms 1 full, 1 partial Floors 4+ Parking Unspecified Lot Size 10,019 sqft HOA/Maint $0 per month DESCRIPTION Call 203-762-1700 for more ! Bring us offers on this incredible home! This is an ...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
A Gorgeous 3 Bedroom Renovated Colonial in Trumbull CT 06611 for Rent This beautiful 3 Bedroom 1 1/2 bath colonial, built in 1915, is completely renovated and appointed beautifully.   Ready to move in.  Dagny Eason | Dagny's Real Estate LLC | (203) 858-4853 6488 Main St, Trumbull, CT Great spacious 3 BR colonial in Trumbull - ready to move in! 3BR/1+1BA Single Family House $2,000/month Bedrooms 3 Bathrooms 1 full, 1 partial Sq Footage 1,350 Parking 2 dedicated Pet Policy Conditional Deposit $4,000 DESCRIPTION Call 203-762-1700 for more ! Bring us offers on this incredible home! This is an amazing 3 Bedroom 1 1/2 bath Colonial in the famous and desirable Long Hill area of Trumbull. The owners have improved every inch of this home. Everything is new! The house has been painted from top to...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Single Family Real Estate Market Report for November 2011   Trumbull CT single family home sales for November 2011 were down 8.7% over November 2010.  List and selling prices decreased 4% and 5% respectively with the median being down 14%.            57% of sales were in the $200K-$400K range, which accounts for the slight decrease in list and selling averages.  Trumbull has consistently been averaging in the $300K - $400K range.      What houses sold in Trumbull CT in November 2011?   Trumbull CT November 2011 Property Transfers(as recorded in the Greater Fairfield County MLS)     The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 8.23 months for the last three months, down just a bit from the previ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT Single Family Real Estate Market Report for October 2011   Trumbull CT single family home sales for October 2011 were UP 24% over October 2010.    List and selling prices both decreased 17%. See analysis below.  The median was down 6%.   Days on the market went down 13%.  Good news for sellers.        Take a look at the actual figures from the Greater Fairfield County MLS.  Does anything stand out?      Sure, it's that high sale of 1.2 million in 2010.  This was a heavy outlier that brought 2010 averages up.  So without that significant outlier, the averages comparison between 2010 and 2011 would have been tighter.  The median, which is unaffected by the outlier since it is merely the midrange value, was off 5.76% ...  a truer representation of value.   What houses sold in T...
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