Trumbull CT Real Estate Market Report and Homes Sold March 2015
By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull CT home sales for March 2015 showed a 32% decrease in sales from the same period last year no doubt still reeling from the exceptionally harsh winter. Historically, Trumbull registers the highest number of sales in the months of June through August, so with the warmer weather around the corner and more buyers wanting to get into their homes before the next school year, the next few months should make up for the lackluster sales in the previous few months. On the plus side, the average listing and selling prices for March went UP 16% and 14% respectively as compared to March 2014. The median home price was flat with a 1% decrease. Days on the market went up 18%. The market absorption rate came in at a whopping 12 months which is statistically buried in a buyer's market....
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