Hoye Home Team's Market Report

Avon, CT

Single-Family Homes

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



Avon, CT

Sun Jul 14 2024
This week the median list price for Avon, CT is $1,195,000 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has decreased 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Avon, CT

Sun Jul 14 2024
This week the median list price for Avon, CT is $1,195,000 with the market action index hovering around 66. This is an increase over last month's market action index of 64. Inventory has decreased 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Avon market.
Median List Price $1,195,000
Median Price of New Listings $0
Per Square Foot $296
Average Days on Market 165
Median Days on Market 77
Price Decreased 33%
Price Increased 27%
Relisted 0%
Inventory 15
Median Rent
Market Action 66
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.

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
$2,900,000 9,599 2.5 - 5 acres 5 6.5 16 0 0 77
$1,370,000 4,386 1 - 2.5 acres 4 3.8 0 0 1 399
$943,600 3,602 1 - 2.5 acres 4 3.3 0 0 2 105
$567,450 3,361 1 - 2.5 acres 4 2.5 44 0 2 52