Hoye Home Team's Market Report

Avon, CT

Single-Family Homes

Berkshire Hathaway Home Services | www.hoyehometeam.com | 860-983-0875


Avon, CT

Sat Jun 10 2023
This week the median list price for Avon, CT is $1,100,000 with the market action index hovering around 62. This is about the same as last month's market action index of 62. Inventory has increased to 15. Click here to stay informed with the Avon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Avon, CT

Sat Jun 10 2023
This week the median list price for Avon, CT is $1,100,000 with the market action index hovering around 62. This is about the same as last month's market action index of 62. Inventory has increased to 15. Click here to stay informed with the Avon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Avon market.
Median List Price $1,100,000
Median Price of New Listings $675,000
Per Square Foot $254
Average Days on Market 103
Median Days on Market 0
Price Decreased 20%
Price Increased 7%
Relisted 13%
Inventory 15
Median Rent
Market Action 62
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,575,000 6,964 5 - 10 acres 4 4 34 0 1 602
$1,325,000 4,386 1 - 2.5 acres 4 3.8 1 0 2 0
$719,950 3,752 1 - 2.5 acres 4 2.8 27 3 2 0
$364,500 2,220 1 - 2.5 acres 3 1.5 100 1 2 17