Shelton CT Condo Market Report ~ April 2011 ~ Shelton CT Real Estate
By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Shelton CT Condo Market Report ~ April 2011 ~ Shelton CT Real Estate Condo sales continue to increase in Shelton CT. Sales were up by one, or 11%, over the same period last year. All April 2011 averages showed significant increases over April 2010. However, a closer analysis shows an outlier sale of $775,000 at the Renaissance brought averages up. Even so, the condo market is stable and has been trending upward the last three months. See chart below. Moving forward, there are 11 condos under deposit and 22 condos in contract. 40% of the condo sales for April fell within the $200-$300K range. Take a look at the Shelton CT April 2011 condo property transfers as recorded in the MLS for the month to see sales specifics. The absorption trend for the last three months indi...
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