Hoye Home Team's Market Report

Avon, CT

Single-Family Homes

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



Avon, CT

Mon Jan 17 2022
This week the median list price for Avon, CT is $1,087,500 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has decreased to 12. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Avon, CT

Mon Jan 17 2022
This week the median list price for Avon, CT is $1,087,500 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has decreased to 12. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Avon market.
Median List Price $1,087,500
Median Price of New Listings $492,450
Per Square Foot $211
Average Days on Market 89
Median Days on Market 88
Price Decreased 8%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $2,550
Market Action 59
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$2,399,000 6,964 5 - 10 acres 4 4 33 0 0 175
$1,295,000 8,451 1 - 2.5 acres 5 6 21 0 0 140
$690,000 4,598 1 - 2.5 acres 5 4 20 1 0 28
$320,000 1,470 0.25 - 0.5 acre 3 1.5 116 1 0 28