Hoye Home Team's Market Report

Avon, CT

Single-Family Homes

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



Avon, CT

Fri Apr 12 2024
This week the median list price for Avon, CT is $1,145,000 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has decreased to 13. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Avon, CT

Fri Apr 12 2024
This week the median list price for Avon, CT is $1,145,000 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has decreased to 13. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Avon market.
Median List Price $1,145,000
Median Price of New Listings $239,900
Per Square Foot $311
Average Days on Market 179
Median Days on Market 175
Price Decreased 8%
Price Increased 23%
Relisted 8%
Inventory 13
Median Rent
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,500,000 9,599 5 - 10 acres 5 6 20 0 1 175
$1,295,000 4,155 1 - 2.5 acres 4 3.5 0 0 1 308
$1,145,000 3,602 1 - 2.5 acres 4 3.5 0 0 0 308
$619,900 2,707 0.5 - 1 acre 3 2.3 72 1 1 49