Market Trends in Connecticut : Superior Home Living Real Estate for today's standards

Superior Home Living Real Estate for today's standards

Recent buying trends

Superior Home Living Invites your comments and thoughts on buying or selling Real estate in the greater Valley area of CT. The valley towns include. Naugatuck, Oxford, Seymour, Ansonia, Derby, Bethany, Beacon Falls and some would include Shelton however the town of Shelton resides in Fairfield County were the rest of the valley towns are in the New Haven County area. The Valley has become the latest hot spot in CT with the increasing lack of space to build new construction in the Fairfield County area of CT. The Valley holds many unknown values and deals on property and convenience. The Valley town of Ansonia has five Super markets, 4 Drug stores, numerous filling stations and so much more. The town of Seymour has the states largest antique dealer ship consisting of many many different dealers. The town is also known for newer construction of some of the most beautiful colonials around. The town of Oxford is known for it's open land with many horse farms, simply a beautiful place to call home. The town of Derby is known as the states smallest town consisting of many refurbished period homes. Bethany and Beacon Falls are simply charming areas also with period homes and newer construction.

Here are the current market trends in local areas of Connecticut

The Norwalk / Westport Area

Report Date	Summer 2007

Nearest Metro Area	New York City--Manhattan, NY

Buyers' or Sellers' Market	More buyers than sellers

Average Time on Market	60-90 days

Market Trend	Increasing

Housing Inventory	Good supply, all prices

Average Home Prices	$900,000

Compared to last year	About the same

Prices As % of Asking Price	90-95%

Multiple Offers?	No

Greatest Activity	Move-up Buyers

The Greenwich / Stamford area

Report Date	Summer 2007

Nearest Metro Area	New York City--Manhattan, NY

Buyers' or Sellers' Market	More buyers than sellers

Average Time on Market	60-90 days

Market Trend	Increasing

Housing Inventory	Good supply, all prices

Average Home Prices	$3,000,000

Compared to last year	About the same

Prices As % of Asking Price	90-95%

Multiple Offers?	No

Greatest Activity	Move-up Buyers

The Fairfield / Bridgeport area

Report Date	Summer 2007

Nearest Metro Area	New York City--Manhattan, NY

Buyers' or Sellers' Market	More buyers than sellers

Average Time on Market	60-90 days

Market Trend	Increasing

Housing Inventory	Good supply, all prices

Average Home Prices	$1,500,000

Compared to last year	About the same

Prices As % of Asking Price	90-95%

Multiple Offers?	No

Greatest Activity	Move-up Buyers

The Southbury /Newtown /Monroe/ Oxford area

Report Date	Summer 2007

Nearest Metro Area	Waterbury

Buyers' or Sellers' Market	More sellers than buyers

Average Time on Market	90-120 days

Market Trend	Increasing

Housing Inventory	Good supply - all prices

Average Home Prices	$475,000

Compared to last year	Down 15-20%

Prices As % of Asking Price	95-100%

Multiple Offers?	Yes

Greatest Activity	Single-Family Homes

Housing Hot Spots	None at this time

Reason to Buy/Sell	Other

The Trumbull / Easton / Monroe area

Report Date	Summer 2007

Nearest Metro Area	New York City--Manhattan, NY

Buyers' or Sellers' Market	More buyers than sellers

Average Time on Market	30-60 days

Market Trend	Increasing

Housing Inventory	Good supply, all prices

Average Home Prices	$800,000

Compared to last year	About the same

Prices As % of Asking Price	90-95%

Multiple Offers?	No

Greatest Activity	Move-up Buyers

Housing Hot Spots	Very quite more rural, much land with Apple Orchards, horseback riding and a very small town feel to it. Schools are shared with Redding. Because it is smaller children get more attention. Close knit Community.