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Trumbull, CT Real Estate News

By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Trumbull CT home sales just took a big JUMP. June 2016 sales were UP 32% as compared to June 2015 sales and were UP 65% since May.  The average listing and selling prices for June decreased 6% and 5% respectively.  The median home price INCREASED 4%.  This is a good example for understanding the difference between the sales average and median home price. Going forward, there are 37 homes under deposit and 62 sales pending strong.  The market absorption rate came in very LOW at 2.67 months which is statistically a seller's market.   This means at the current pace, it would take 2.67 months to sell off the inventory of 176 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if you are thinking of selling a...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 May 2016 home sales in Trumbull CT were UP 8% as compared to May 2015 sales. The average listing and selling prices for April both went down 4%.  The median home price INCREASED 2%.  This is a good example of understanding the difference between the sales average and median home price. Going forward, there are 53 homes under deposit and 75 sales pending, higher pendings than previous months -- a good sign for sales in June and July.  The market absorption rate came in at 4.33 months which is statistically a seller's market.   This means at the current pace, it would take 4.33 months to sell off the inventory of 173 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if you are thinking of selling and wan...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 April 2016 home sales in Trumbull CT were UP an astounding 104% as compared to April 2015 sales. The average listing and selling prices for April went down 13% and 12% respectively.  The median home price decreased 9%.  Read here about the difference between the sales average and median home price. Going forward, there are 76 homes under deposit and 63 sales pending, higher futures than previous months.  The market absorption rate came in at 3.59 months which is statistically a seller's market.   While inventory increased only slightly, the strong number of sales kept the rate down. This means at the current pace, it would take 3.59 months to sell off the inventory of 183 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LIST...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 March 2016 home sales in Trumbull CT were UP 56% as compared to March 2015 sales. The average listing and selling prices for March went down 8% and 7% respectively.  The median home price increased 1%.  Going forward, there are 62 homes under deposit and 52 sales pending, putting Trumbull in another good position for a sales increase. The market absorption rate came in at 6.80 months which is statistically a buyer's market.   This means at the current pace, it would take 6.80 months to sell off the inventory of 170 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if you are thinking of selling and want to know what your home is worth in Trumbull, take advantage of a complimentary FREE market analysis ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 February 2016 home sales in Trumbull CT were UP 19 % as compared to February 2015 sales. The average listing and selling prices for February went down 5% and 4% respectively.  The median home price decreased  4%.  Going forward, there are 46 homes under deposit and 53 sales pending, forecasting better results next month.  The market absorption rate came in at 8.79 months which is statistically a buyer's market.   This means at the current pace, it would take 8.79 months to sell off the inventory of 167 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if you are thinking of selling and want to know what your home is worth in Trumbull, take advantage of a complimentary FREE market analysis on your home ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 January 2016 home sales in Trumbull CT showed positives in every category.  Closed sales were UP 33% as compared to January 2015 sales. The average listing and selling prices for January also beat out the previous year 6% and 4% respectively.  The median home price was UP 10%.  Going forward, there are 41 homes under deposit and 28 sales pending, showing continuing strength.  The market absorption rate came in at 4.82 months which is statistically a seller's market.   This means at the current pace, it would take 4.82 months to sell off the inventory of 135 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if you are thinking of selling and want to know what your home is worth in Trumbull, take advanta...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Trumbull Hunt in Trumbull CT is a secluded, private community of lovely colonial style homes located in the coveted Tashua section of Trumbull designed and built by Toll Brothers (renowned custom homebuilder). These architecturally attractive colonial homes with traditional appointments offer single family living at its finest. Located only just minutes from shopping and highways. this cul-de-sac of luxury homes is on the cusp of a number of Tashua streets that create a pleasant neighborhood environment. SEARCH Shelton Trumbull Hunt MLS – Active, Contingent, Pending and Sold. Built in 1998-2000, common features include:2 car garagesGas, forced hot air heatCentral air conditioningSewer and city waterFinished, Walk-Out BasementsOpen Floor PlansHomes can have 4 or 5 bedrooms and 2-1/2 to 4...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Where were Trumbull CT homes sales in November  2015 and how did they compare to last year? Closed sales showed an 8% INCREASE in sales as compared to November 2014.  The average listing and selling prices for November were both UP 15% as compared to the same period.   The median home price was UP 10%.  Note that a significant outlier high sale jsut south of $1.2 million did bring the averages up a bit. Going forward, there are 29 homes under deposit and 30 sales pending.  The market absorption rate stayed stable at 6.00  months which is statistically a balanced market.   This means at the current pace, it would take 6 months to sell off the inventory of 156 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeow...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Stratford CT Single family home sales in October 2015 INCREASED 14% compared to October 2014 sales.Listing and closed price averages went down 2% and 3% respectively.   The median was down 3%.   Days on the market went down 3%. The absorption rate for the month went further into seller's market territory at 4.77 months, meaning if there was no new inventory, it would take 4.77 months to sell off the active 229 listings.     Thinking of buying a home in Stratford CT? SEARCH for Your New Home in Stratford, CTMoving forward, there are 59 houses under deposit and 72 pending sales (under contract), continued good strength on both numbers. Which houses attracted buyers and sold in Stratford CT in October 2015? Stratford CT October 2015 Property Transfers(as recorded in the Greater Fairfield...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 ANOTHER nice increase in homes sales in Monroe CT! Real estate closed sales for October 2015 went UP 79% as compared to October 2014 closed sales.Average list and sales prices INCREASED 12% and 13% respectively with the median going UP 5% as well.  Sales were also up 14% from last month. See chart below.  Market absorption came in at 6.31 months meaning it would take 6.31  months to sell off the present inventory of 101 homes keeping Monroe in a buyers market statistically.        CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 19 houses under deposit and 18 properties under contract. Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparative market analysis. Sellers:  Please read Biggest Home Seller Mistakes if you...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Where were Trumbull CT homes sales in October 2015 and how did they compare to last year? Closed sales showed a 9% INCREASE in sales as compared to October 2014.  The average listing and selling prices for October were both UP 5% as compared to the same period.   The median home price was UP 7%. Days on the market went up 65%. A few short sales contributed significantly to this increase. Going forward, there are 35 homes under deposit and 22 sales pending.  The market absorption rate stayed stable at  5.43 months which is statistically in a seller's market.   This means at the current pace, it would take 5.43 months to sell off the inventory of 190 homes.    What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if yo...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 September 2015 was a good month for Trumbull CT homes sales. Closed sales for September 2015 showed a 19% INCREASE in sales as compared to the same period last year.  The average listing and selling prices for September were UP 3% and 2% respectively as compared to September 2014.   The median home price was down 1%. Going forward, there are 32 homes under deposit and 31 sales pending. Days on the market went up 29%.  The market absorption rate stayed pretty much the same at  5.51 months which is statistically  in a seller's market.   This means at the current pace, it would take 5.51 months to sell off the inventory of 204 homes.     What is currently 'on sale' in Trumbull? Click here to SEARCH FOR YOUR NEW HOME IN TRUMBULL CT (MLS LISTINGS)   Homeowners, if you are thinking of sellin...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  It's Corn Maze time at Plasko's Farm located at 670 Daniels Farm Road, Trumbull CT, just up the hill from Hillcrest Middle School. This year you can try to 'Defeat the Dragon' as you make your way through the maze which has approximately 1½ miles of bewildering turns, twists, and the frustrating dead ends. Think you might get lost?  You're probably right.   However, there are ‘corn cops' stationed at strategic points throughout the maze to help those who have taken the wrong turn or are caught in a continuous loop of getting nowhere fast.    NOTE: The Dragon Maze is open to the public Saturday and Sunday from 9-6.   The Farm, which is open daily from 9-6,  also offers a country store, bakery and indoor farm market.  Be sure to try their apple cider donuts voted best tasting in Connect...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Last month I reported that Trumbull CT homes sales had 'jumped' in July.  They jumped again in August, but off the cliff.   See annual chart below for the visual. History does repeat itself though. A little further research shows Trumbull's highest sales month to be July and if not, sales carried into a better August.   Trumbull CT home sales for August 2015 showed a 16% decrease in sales from the same period last year.  The average listing and selling prices for August were down 5% and 4% respectively as compared to August 2014.   The median home price was down 8%. Going forward, there are 42 homes under deposit and 36 sales pending. Days on the market went DOWN 9%.  The market absorption rate went up a few months to 5.81 which is statistically  in a seller's market.   This means at t...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 For almost every year since 1972, the Town of Trumbull CT has held Trumbull Day typically near July 4th.  I have attended many, many of these celebrations, and they have always been well planned and delightful from beginning to end.   Starting this year, September 12 and 13, 2015,  the celebration will take on a new identity as the Trumbull Fall Festival, a family event highlighting the town's people, local organizations and non-profits.  The venue of the fall festival will be the same as Trumbull Day  -- on the fields behind Trumbull High School and will feature a carnival, including ferris wheel, pirate ship, and my favorite.... bumper cars among many others.  There will also be gourmet food vendors, locally brewed beers with a beer and wine garden, live entertainment and a fireworks...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 ANOTHER good month!  Trumbull CT home sales for July 2015 showed a 19% INCREASE in sales from the same period last year.  There was also a 36% INCREASE in sales from last month keeping closed sales on an upward trend. See annual chart below.  Going forward, there are 39 homes under deposit and 36 sales pending.  The average listing and selling prices for July  were flat as compared to July 2014.   The median home price was down 4%. Days on the market went up 12%.   The market absorption rate came in at a LOW 3.07 months which is statistically  in a seller's market.   This means at the current pace, it would take 3.07 months to sell off the inventory of 209 homes.   Inventory went up but the higher sales kept the rate down well below the 6-month mark.  What is currently 'on sale' in Tru...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Trumbull CT home sales for May 2015 showed a 68% INCREASE in sales from the same period last year.  There was a 48% INCREASE in sales from last month making a nice recovery after sluggish sales in earlier months of the year. There are 60 homes under deposit and 61 sales pending, so future closed sales should definitely be on the same trend or better.  The average listing and selling prices for May both went down 4% as compared to May 2014.   The median home price was down by 9%. Days on the market went up 35%.   The market absorption rate came in at 5.62 months which is statistically  in a seller's market.   That means at the current pace, it would take 5.62 months to sell off the inventory of 208 homes.   Inventory went up only slightly, and the higher sales pushed the rate back down ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Trumbull CT home sales for April 2015 showed a 34% decrease in sales from the same period last year.  However, there was a 66% INCREASE in sales from last month, recovering from an unusually harsh winter. Also on the upside, there are 69 homes under deposit and 48 sales pending, so future closed sales will definitely be on the rising trend.  The average listing and selling prices for April went UP 6% as compared to April 2014.   The median home price was up 9% decrease. Days on the market went up 4%.   The market absorption rate came in at 8.20 months which is statistically  in a buyer's market.   That means at the current pace, it would take 8.2 months to sell off the inventory of 205 homes.   Inventory went up, but the slower sales kept the rate firmly in buyer's territory.  What is ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  The Town of Trumbull CT Summer Concert Schedule for 2015 begins June 16 and rocks through September 8. Musical genres represented include rhythm and blues, funk, 50s/60s/70s, Country, Pop, Big Band and Italian. Concerts will be held at the Gazebo on the Town Green, next to the Trumbull Town Hall, at 5866 Main Street, Trumbull, CT on Tuesday evenings beginning at 7 p.m. In the case of inclement weather, concerts will be moved to the Community Room in the Trumbull Library. Bring your chair or blanket and your family and friends and ENJOY a night of music under the summer sky at a Trumbull summer concert. 
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Looking for something for the kids to do this summer?  How about yourself?  Have some free time to learn a new skill or just meet some new friends? The Town of Trumbull Recreation department has published a wonderful Summer 2015 Program booklet with tons of things to do for children, adults and families. There is something for everyone.  Lots of fun activities for all ages! Here's a sampling of the types of activities you will find in the booklet:    Adult early swim  Karate  Adult water aerobics  Mad science  Baseball/softball clinics  Playground trips  Basketball clinics  Special needs camps  Boys basketball leagues  Adult softball  Childrens spring art  Summer tunes  Childrens singalong  Swim lessons  Engineering for kids  Teen center at Indian Ledge  Family fishing  Teen nights  F...
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