Market Overview: Trumbull, CT

Single Family Properties




April Headlines
Trumbull
  • Unit sales in April were 36. This is up 33.3% from 27 in April of 2017.
  • Months of supply is up by 10.4%.
  • Inventory is down 1.0% to 198.
Nearby Areas You May Be Interested In
  • Unit sales in Milford are up 67.9% to 47.
  • Months of supply in Milford in April was 4.9. This is down 38.0% from 7.9 in April of 2017.
  • Days on market in Orange is up by 243.8%.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

Changes Favoring Buyers
3 Months Ending April, 2018% Chg From Apr, 2017
Inventory 184 5.1%
Months of Supply 5.2 17.3%
Price per Sq Ft for Sold $147 -8.2%
Changes Favoring Sellers
3 Months Ending April, 2018% Chg From Apr, 2017
Unit Sales 75 2.7%
Median Sale Price $380,000 2.2%
Market Time (Days) 95 -4.0%
Sales to List Price Ratio 97.1% 0.3%
New Listings 211 -2.8%
Went To Contract 117 17.0%
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Sales
There were 36 unit sales in April. This is up 33.3% from 27 in April of 2017. This is the highest unit sales have been since 54 in August, 2017. Sales/list price ratio in April moved up to 97.6% from 96.9% in March.

Prices
Median price in April was $399,500. This is up 5.1% from $380,000 in April of 2017. 3-month median price of $380,000 in April was very slightly up from $370,000 in March and up just slightly from $372,000 in April of 2017. Price per square foot in April was $148. This is up from $137 in March but down from $164 in April of 2017.

Inventory
Inventory of 198 in April was up 4.8% from 189 in March but down 1.0% from 200 in April of 2017. New listings in April were 81, unchanged from the same month last year. Months of supply of 5.6 in April was up just slightly from 5.5 in March and up slightly from 5.1 in April of 2017. On a year-over-year basis, months of supply has been rising for 4 months. This is the highest months of supply has been since June, 2017.

Market Time
Days on market of 91 in April was down a little from 101 in March but up modestly from 81 in April of 2017.


Change in Median Sale Price for Single Family Properties YTD From 2017 To 2018 for Towns in Fairfield County, CT Ranked by Best Performance
Towns% Change
Redding 22.06%
Norwalk 17.24%
Bridgeport 16.33%
Stratford 13.64%
New Fairfield 10.67%
Newtown 9.00%
New Canaan 6.16%
Stamford 4.88%
Danbury 4.44%
Greenwich 3.61%
Data From: SMARTMLS
Towns with an average of at least 5 sales per month (maximum of 10)
 








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