Homes For Sale - Market Report Redding CT 06896 May 2012
Sales
Homes for sale in Redding, CT May were 8. This is up 33.3% from 6 in May of 2011. Sales/list price ratio in May moved down to 92.8% from 94.2% in April.
Prices
Median price for homes for sale in Redding, CT of $427,500 in May was down 14.1% from $497,500 in April and down 32.9% from $636,875 in May of 2011. 3-month average sale price of $438,433 in May was down moderately from $475,847 in April and down considerably from $536,766 in May of 2011.
Market Time
Average for home for sales in the Redding, CT area days on market was 148 in May was down somewhat from 183 in April but up considerably from 85 in May of 2011. Months of supply of 23.8 in May was up modestly from 22.5 in April and up moderately from 22.9 in May of 2011.
