Real Estate Market Data for Redding, CT by Dagny Eason of Dagny's Real Estate
The average sale price in 2010 was $701,770, in 2011 it was $629,891 and 2012's average was $687,777.
In the fourth quarter of 2012 there was a sudden rush to sell quickly before all of the tax laws changed. Many made sure that they were in a good position for Uncle Sam when he came knocking.....
In Redding there was a big spike in Sales in 2012. In the last quarter the lower price ranges had the largest spike, the other prices ranges remained close to the prior year.
In 2010 , 76 homes sold. 2011, 79 homes sold. In 2012, 91 homes sold.
Average sale price in December was $387,800 and 5 houses sold in December. In 2012, 91 homes sold with an average price of $687,777. There are currently 74 active listings and 12 pending in Redding.
(These statistics are estimates)