Trumbull Market Update-First Quarter 2007

Trumbull Market Update

First Quarter 2007

In the first quarter of 2007, a total of 67 single family homes were sold in Trumbull. The average market time was 105 days. The average list price was $536,982 and the average sale price was $519,192.

A total of 4 condominiums were sold so far this year, with an average market time of 103 days. The average list price was $391,175 and the average sale price was $372,475.

For more information on homes for sale in Trumbull and surrounding towns, please go to: http://www.TrumbullAreaRealEstate.com

Stage Your Home to Sell!

Thinking of putting your home on the market this Spring? Then start now to get it in shape!

One of the best things you can do is to stage your home to sell. Staging requires an objective assessment of your home's strengths and weaknesses. Is there too much clutter...do rooms need painting...do items need to be removed...does furniture need re-arranging...is there curb appeal...etc. Staging is not remodeling. It is using your things and your space in the most creative way possible, so that your home is presented in the best possible light.

As an accredited staging professional, I have been specifically trained to prepare a house for sale. I offer my clients complimentary staging advice when they list their home with me, so that their home is in top selling condition when it hits the market. It's a fact...staged homes sell faster and for more money!

For more information on staging, click here or contact me at 203-258-3290.

Trumbull Home Sales: 2006

A total of 384 single family homes sold in Trumbull in 2006.
The average list price was: $523,395
The average sale price was: $508,013
Average market time was: 78 days.

41 Condominiums were sold in Trumbull in 2006.
Average list price: $478,659
Average sale price: $468,922
Average market time: 64 days

For detailed information on specific homes and condos sold in Trumbull in 2006, click here.





Information obtained from the Consolidated Multiple Listing Service. Homes were listed and sold by various members of the Multiple Listing Service. Listing information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision.

Trumbull Market Update

Here's the year-to-date market update for Trumbull (as of 11/16/06) as per the Consolidated Multiple Listing Service:

Single Family Homes
Sold: 331
Avg List Price: $522,005
Avg Sale Price: $507,759
Avg Market Time: 78 days
Highest Priced Home Sold: $1,399,000
Lowest Priced Home Home Sold: $280,000

Pending: 25
Avg List Price: 528,021
Avg Market Time: 70 days

Currently On the Market: 217
Avg List Price: 621,355
Avg Market Time: 77 days

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Condominiums
Sold: 38
Avg List Price: $487,561
Avg Sale Price: $478,589
Avg Market Time: 57 days
Highest Priced Condo Sold: $850,000
Lowest Priced Condo Sold: $290,000

Pending: 1
Avg List Price: $377,900
Avg Market Time:172

Currently on the Market: 19
Avg List Price: $498,705
Avg Market Time: 62

Trumbull moves up to #6 in Connecticut Magazine Ranking

Connecticut Magazine ranked Trumbull #6 (up from #10) in its annual Rating the Towns issue (November, 2006), for towns with population of 25,000-50,000. The top 10 include: Westport, Glastonbury, New Milford, Newtown, Cheshire, Trumbull, Branford, Wallingford, Wethersfield and Groton.

Are you ready to buy a house?

The first step in buying a house is to get your finances in order. Get a free copy of your credit report at http://www.annualcreditreport.com. Credit scores range between 200 and 800, with scores above 620 considered desirable for getting a mortgage. According to the National Association of Realtors, five factors determine your credit score:

1. Your payment history - whether you paid your credit card obligations on time.
2. How much you owe.
3.The length of your credit history - the longer, the better.
4. How much new credit you have - new credit is considered riskier.
5. The types of credit you use - it's better to have more than one type of credit- installment loans, credit cards and a mortgage, for example.

Get prequalified by a lender before you start looking for a home. Determine how much available money you have to cover your downpayment and closing costs. Then start looking! Go to http://www.TrumbullAreaRealEstate.com to set up a custom search of the MLS. When you're ready to see homes, contact me...I'd be happy to help!