Trumbull Area Real Estate Market Update
Single family home sales in Fairfield County (through May, 2008) are down 30%. Some towns, however, are faring better than others. Here is the real estate market update through May, 2008 for Trumbull and surrounding towns:
Trumbull:
There have been 123 homes sold in Trumbull, down 12%
The median sales price for homes in Trumbull is $401,000, down 16%
The average market time is 88 days, a 13% decrease in number of days on market
Bridgeport:
There have been 189 homes sold in Bridgeport, down 16%
The median sales price for homes in Bridgeport is $205,000, down 18%
The average market time is 81 days, a 1% decrease in number of days on market
Easton:
There have been 23 homes sold in Easton, down 34%
The median sales price for homes in Easton is $905,000, up 12%
The average market time is 135 days, a 33% increase in number of days on market
Fairfield:
There have been 190 homes sold in Fairfield, down 39%
The median sales price for homes in Fairfield is $570,000, down 5%
The average market time is 98 days, a 2% increase in number of days on market
Monroe:
There have been 64 homes sold in Monroe, down 25%
The median sales price for homes in Monroe is $450,000, down 2%
The average market time is 106 days, a 1% decrease in number of days on market
Stratford:
There have been 229 homes sold in Stratford, down 13%
The median sales price for homes in Stratford is $272,000, down 9%
The average market time is 98 days, a 6% increase in the number of days on market