Single-Family Homes
Mon Dec 02 2024
This week the median list price for Clinton, CT is $579,000 with the market action index hovering around 51. This is less than last month's market action index of 58. Inventory has increased to 19.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $579,000 | |
Median Price of New Listings | $650,000 | |
Per Square Foot | $329 | |
Average Days on Market | 81 | |
Median Days on Market | 35 | |
Price Decreased | 47% | |
Price Increased | 0% | |
Relisted | 5% | |
Inventory | 19 | |
Median Rent | ||
Market Action | 51 | |
Strong Seller's Market |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$947,000 | 2,962 | 0.25 - 0.5 acre | 3 | 3 | 29 | 0 | 0 | 143 |
$799,000 | 1,672 | 6,500 - 8,000 sqft | 3 | 2 | 64 | 1 | 0 | 56 |
$485,000 | 1,970 | 1 - 2.5 acres | 3 | 2 | 59 | 0 | 1 | 28 |
$359,000 | 1,222 | 0.25 - 0.5 acre | 3 | 1.5 | 64 | 1 | 1 | 21 |