Market Overview: Trumbull, CT

Single Family Properties




October Headlines
Trumbull
  • 3-month unit sales in October were 107. This is down 19.5% from 133 in October of 2016.
  • Year-to-Date new listings are down by 23.4%.
  • Median price is up 6.5% to $362,000.
Nearby Areas You May Be Interested In
  • 3-month days on market in Shelton is down 21.3% to 74.
  • Days on market in Monroe in October was 94. This is up 11.9% from 84 in October of 2016.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.

Changes Favoring Buyers
3 Months Ending October, 2017% Chg From Oct, 2016
Unit Sales 107 -19.5%
Went To Contract 113 -3.4%
Changes Favoring Sellers
3 Months Ending October, 2017% Chg From Oct, 2016
Median Sale Price $382,500 2.0%
Inventory 182 -26.3%
Months of Supply 5.1 -17.9%
Market Time (Days) 72 -20.9%
Price per Sq Ft for Sold $169 6.0%
Sales to List Price Ratio 97.2% 0.8%
New Listings 146 -12.0%
Click here to see monthly and longer-term averages.

How Much Is Your Home Worth?

Search any house, condo, or coop in the U.S.A.


Sales
Unit sales in October were 35, unchanged from the same month last year. Sales/list price ratio in October moved up to 97.8% from 97.7% in September.

Prices
Median price in October was $362,000. This is up 6.5% from $339,900 in October of 2016. This is the lowest median price has been since February, 2017. 3-month median price of $382,500 in October was down slightly from $410,000 in September but very slightly up from $375,000 in October of 2016. Price per square foot in October was $169. This is up from $156 in September and up from $155 in October of 2016.

Inventory
Inventory of 172 in October was down 3.9% from 179 in September and down 22.9% from 223 in October of 2016. New listings of 44 in October were down just slightly from 45 in September and down slightly from 53 in October of 2016. Months of supply of 4.8 in October was down a little from 5 in September and down modestly from 5.6 in October of 2016. On a year-over-year basis, months of supply has been falling for 4 months. This is the lowest months of supply has been since March, 2017.

Market Time
Days on market of 84 in October was way up from 48 in September but down a little from 96 in October of 2016. This is the highest days on market has been since March, 2017.


Change in Median Sale Price for Single Family Properties YTD From 2016 To 2017 for Towns in Fairfield County, CT Ranked by Best Performance
Towns% Change
Bridgeport 11.67%
Danbury 10.29%
Norwalk 6.94%
Trumbull 5.69%
Greenwich 5.55%
Bethel 4.79%
Stamford 3.63%
Stratford 3.31%
Darien 2.89%
Westport 2.59%
Data From: SMARTMLS
Towns with an average of at least 5 sales per month (maximum of 10)
 








movingAverageLegend
School Link School Link School Link Community Link Map Link
Listing NotificationRate WatchSocial MediaCommunityMaps