Redding, CT Average Number of Sales Year End and 4th Quarter Analysis

Redding CT Average Number of Sales Year End Comparison and 4th Quarter Sales Analysis

January 2013

Real Estate Market Data for Redding, CT by Dagny Eason of Dagny's Real Estate

Average Sales Prices 3 Year Comparison by Month

Sales Volume shown by PRICE

The average sale price in 2010 was $701,770, in 2011 it was $629,891 and 2012's average was $687,777.

Number of Homes Sold in the 4th Quarter (Oct., Nov., Dec.)

2009, 2010, 2011, 2012

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.

Number of Homes Sold in Redding by Price Point

4th Quarter (Oct., Nov., Dec.)

2009, 2010, 2011 and 2012

Number of Homes Sold

In 2010 , 76 homes sold. 2011, 79 homes sold. In 2012, 91 homes sold.

Redding

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.

Redding CT

• Population 8,836
• Median Resident Age 41.0
• Estimated Household Income $126,184
• Median House or Condo Value in 2012 $703,376

(These statistics are estimates)