Weston CT 06883 Market Report October 2011 Sales

Weston CT 06883 Market Report October 2011 Sales

7 Weston homes have been sold in the past month:

• 3 homes sold under $500,000 

• 1 homes sold for between $500,000-$1M

• 3 homes sold for under $1M - $1.5M
• 0 homes sold for under $1.5M - $2M
• 0 homes sold for under $2M and over

The real estate market for October in Weston CT 06883 has been fairly steady in its sales for the past four years.

October 2011 recap:

Total home sales for the month: 7
Average Days on the Market: 187
Low value of $260,000 for a ranch.
High value of $1,426,000 for a colonial.
Average sold price of $787,357.
Median price of $665,000.
Average list price was $823,557.
Actual purchase price was an average of 4.4% off of the list price.

My goal in sharing these Weston real estate market reports with you is to give a better understanding of the number of Weston homes for sale, price range of homes sold and real estate market trends month to month for the Weston neighborhoods in which you may be considering buying or selling.

If you are a Weston home seller, it gives you information on recent home sales. Determining current value of Weston real estate is key to pricing a home to sell in today's market. My web site will give you very specific information as you search CT real estate for sale especially as a buyer.

There were 6 homes in pending status in Weston on October 31st. The home absorption rate for Weston homes for sale indicates we still have a buyers' market.

Buyers continue to search for Weston homes and if you want a local realtor specialist to guide you in this market, please give me a call at 203-762-1700.