Real Estate Sales for Our Trumbull Area for January 2012
February 17, 2012
Below is our report on the Real Estate Sales Activity for our Trumbull area for January 2012. Included herein are the towns of Trumbull, Shelton, Stratford, Monroe and Bridgeport. This report is published mid-month every month, while the active inventory report is published at the start of each month.
This report includes activity of regular sales, short sales and foreclosures. Especially in Bridgeport, foreclosure sales of single-family detached homes, condominiums and multi-unit homes will slightly increase the number of homes sold and decrease the median sold price of such homes.
Also shown is the year-over-year activity.
Note: A six (6) month’s supply of inventory is considered a balanced buyer’s/seller’s market. Above six is a buyer’s market, while below, a seller’s market.
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Sales Activity
Single-Family Detached Homes
Trumbull, Shelton and Bridgeport are displaying reasonable growth markets
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|
|
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# of Closed Sales
|
Median Sales Price
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Average Days on Market
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Month’s Supply of Inventory
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Trumbull
|
Jan 2012
Jan 2011
|
22
18
|
$377,500
$326,000
|
90
137
|
4.4
9.5
|
|
Shelton
|
Jan 2012
Jan 2011
|
14
11
|
$388,750
$276,000
|
121
76
|
11.7
13.5
|
|
Stratford
|
Jan 2012
Jan 2011
|
18
24
|
$214,200
$219,500
|
104
205
|
5.8
14.2
|
|
Monroe
|
Jan 2012
Jan 2011
|
5
8
|
$340,000
$366,000
|
128
111
|
10.2
17.2
|
|
Bridgeport
|
Jan 2012
Jan 2011
|
37
27
|
$148,000
$105,000
|
85
96
|
6.3
15.5
|
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Sales Activity
Condominiums
Median sold price has increased dramatically in Shelton
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|
|
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# of Closed Sales
|
Median Sales Price
|
Average Days on Market
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Month’s Supply of Inventory
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Trumbull
|
Jan 2012
Jan 2011
|
1
5
|
$355,000
$354,900
|
112
56
|
7.0
36.0
|
|
Shelton
|
Jan 2012
Jan 2011
|
6
9
|
$347,500
$210,000
|
103
110
|
16.8
48.5
|
|
Stratford
|
Jan 2012
Jan 2011
|
4
7
|
$166,000
$200,000
|
75
---
|
14.9
*
|
|
Monroe
|
Jan 2012
Jan 2011
|
6
2
|
$200,000
$158,250
|
112
162
|
10.0
7.3
|
|
Bridgeport
|
Jan 2012
Jan 2011
|
18
14
|
$51,000
$61,500
|
126
126
|
5.9
16.7
|
*: Not enough active inventory and/or homes that went under contract to calculate
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Sales Activity
Multi-Unit Homes
Only active market for Multi-Unit Homes is in Bridgeport
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|
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# of Closed Sales
|
Median Sales Price
|
Average Days on Market
|
Month’s Supply of Inventory
|
|
Trumbull
|
Jan 2012
Jan 2011
|
0
0
|
---
---
|
*
*
|
*
*
|
|
Shelton
|
Jan 2012
Jan 2011
|
0
1
|
---
---
|
*
*
|
*
*
|
|
Stratford
|
Jan 2012
Jan 2011
|
4
4
|
$190,000
$193,750
|
40
169
|
10.0
12.0
|
|
Monroe
|
Jan 2012
Jan 2011
|
0
0
|
---
---
|
*
*
|
*
*
|
|
Bridgeport
|
Jan 2012
Jan 2011
|
23
24
|
$125,000
$92,500
|
141
150
|
5.3
14.9
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*: Not enough active inventory and/or homes that went under contract to calculate
All information is provided by BrokerMetrics and although believed to be accurate, it is not guaranteed.
If you have any questions on the above information, please do not hesitate to contact us.
Have a great day!
Bob and Judy
