Hoye Home Team's Market Report

Avon, CT

Single-Family Homes

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



Avon, CT

Thu Sep 16 2021
This week the median list price for Avon, CT is $715,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has decreased to 27. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Avon, CT

Thu Sep 16 2021
This week the median list price for Avon, CT is $715,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has decreased to 27. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Avon market.
Median List Price $715,000
Median Price of New Listings $932,000
Per Square Foot $177
Average Days on Market 55
Median Days on Market 35
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 27
Median Rent $3,000
Market Action 63
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,545,000 6,220 2.5 - 5 acres 5 4 19 0 0 56
$995,000 5,918 1 - 2.5 acres 5 4 32 1 0 35
$579,000 3,673 1 - 2.5 acres 4 3 41 1 1 35
$349,000 1,809 0.5 - 1 acre 3 2 65 0 4 28