The TNT Real Estate Chronicle
November 2013 Edition

Wendy Tremaglio and Steven Thomson

800-828-2177

tnt@tntpartners.net

Connecticut Magazine 2012,2013

Diamond Society Award 2010 - TNT Partners

The November issue brings with it a continued optimism throughout the market place, with steady buyer activity and plenty of pent up demand. Homes priced right and looking their best are selling quickly. Last month we staged, listed and sold a property in Fairfield within 36 hours with 4 offers. It was priced to perfection, looking its best and was met with happy buyers! A perfect combination!

This time of year can be a good time to be a seller especially since inventory remains low and mortgage rates, though higher, are still accommodating. With the consensus for 2014 that rates will be higher, the buyer pool is motivated to take action now.

Selling price per square foot is another indicator we follow for trend direction; we are seeing appreciation in all our towns showing an upward trend is in place. Take a look at our Market Action Reports for additional data points.

SIngle family sales continue to outpace last year; Westport 33.1%, Weston 36.8%, Wilton 17.6%, Fairfield 15.5%, and Norwalk 23.9%. The average sale price is also up YTD vs the same period last year. Check out our Market Action Reports for the details.

This Sunday is the Coldwell Banker Open House Event, 38 homes ranging in price from $259,000 to $2,595,000 are on the tour. Going to open houses is a good way to get a better sense of the market.

As we approach the end of the year, we will be here to advise and inform you of the local market behavior. Don't hesitate to get in touch if you have any questions.

We wish you a very Happy Thanksgiving!

Wendy and Steven

Home and Real Estate Topics

Transform a Yard Into an Outdoor Sanctuary

Adding life to outdoor spaces will help sell the lifestyle of a home. Here are staging tips to help buyers imagine fun gathering spaces, tranquil hideaways, or sleek entertainment coves that are possible with your listing.

2013 Home Features Survey - Remodeling

Get the scoop on the first improvements home owners are likely to make after moving in, and how much they usually spend.

Home Owners Rank Outdoor DIY Projects

Find out how home owners rank their ability to tackle home improvement projects, and what they expect to get from their efforts.

Monthly Market Action Reports

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Looking for market data for your town?

Property sales, price trends, inventory, months supply of inventory, selling price per square foot, selling price vs. listing price ratio. Comprehensive reports at TNT Market Action Reports.

Search Every Property on the Market

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Westport, Connecticut 06880