Middlebury Real Estate Market Update 10/9/06

There are currently 128 properties on the market, 21 of which are under contract.
It appears somewhat busier in October with more properties going under deposit. September was a little slower than expected, and I believe it was due to the huge amount of inventory.
A typical real estate deal from signatures to closing usually takes 6-8 weeks. I feel that buyers were taking a little longer to make offers due to the large selection. With the holiday season 6 weeks away, buyers are wanting to get under contract as to fit into this time frame.

As I indicated in a previous post, some of my seller clients have taken their houses off the market, and will reassess for the Spring Market.

3 Properties have CLOSED in the past week.

116 Breakneckhill Rd sold for $725,000

LOT 8 at Avalon Farms sold for $669,172

173 North St sold for $420,000

Middlebury CT Real Estate #2

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Homes for Sale in Middlebury

The following homes went on the market recently:

42 Nick Rd 3 BR ,1 BA Cape listed for $319,000

Back on the Market (Relisted)

138 Steinmann Ave 3BR, 1BA Cape listed for $269,900

Middlebury Real Estate Market Update 10/2/06

There are currently 131 properties on the market in Middlebury. 23 of which are under deposit. 4 properties closed this past week.


NEW LISTINGS
405 Bioski Rd listed @ $469,900

CLOSED
98 Leonard Rd SOLD for $525,000
19 Fenn Rd SOLD for $485,000
1132 Christian Rd SOLD for $315,000
24 Atwood SOLD for $298,000