Middlebury CT-Real Estate Market Report for January 2014

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.

 

median active home for sale in MIddlebury CTThere are currently 38 Middlebury CT homes for sale, with an average listing price of $545,096, and a median listing price of $375,000.

 

 

 

 

 

 

median home under deposit in Middlebury CT

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 median home sold in Middlebury CTthe month of January, with an average sale price  of $297,800 and a median sale price of $355,000. By comparison, in January2013, 3 homes were sold, with an average sale price of $284,867 and median sale price of $329,600.

 

 

 

The chart below shows the difference between the listing and sales prices for the homes sold in January, as well as the number of days that those properties were on the market before an offer was made and accepted.

what does the real estate market look like in Middlebury CT?

               

So, what should I take away from all of this information? Well, that depends on if you are a buyer or a seller. If you are a seller, you can see how long, on average, it will take to sell your home, the relative price ranges for homes like yours in your area, and the amount you should expect to receive for your home, provided that it is correctly priced and has gained a buyer’s interest due to its curb appeal and other factors. If  you are a buyer, this tells you how many homes there are on the market in this area and what price range the typical home in this area sells for.

 

Looking to relocate to Middlebury CT? VisitLooking For A Reason to Move-Destination: Middlebury CT

 

For more information on Middlebury CT, you can read the following:

Middlebury CT Real Estate Market Updates

Meadowview Park Middlebury CT

Ledgewood Memorial Park Middlebury CT

Lake Quassapaug Amusement Park – Middlebury CT

 

If you are looking to buy a home in Middlebury CT, click onMiddlebury CT homes for saleto search for homes in your price range.

 

For further information about the Middlebury CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Middlebury CT homes for sale.

 

 

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

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