Shelton homes sales, median price decline in February

Sales of single-family homes and condominiums in Shelton declined in February, bucking a statewide increase in both categories.

Both the number of sales and median price in Shelton dropped sharply in February when compared to the same month a year before, according to the Warren group, a real estate information company.

Shelton-HouseForSaleSignFI

It’s important to note that one month comparisons don’t always reflect a trend, and longer-period comparisons are considered more reflective of overall market conditions.

Year-to-date figures (January and February) for Shelton, for instance, still show a decline in single-family home sales but indicate the median price for 2014 is $282,500, a 4% jump from $271,500 for 2013.

The median price means half of all homes sold for a higher amount and half sold for a smaller amount.

 

Vs. other nearby towns

Here are the numbers of sales and median prices for Shelton vs. nearby towns, according to the Warren Group. Condo numbers for Shelton are at the end.

 

Single family homes

 –

SHELTON

Sales

2014 — 6

2013 — 15

-60%

Median price

2014 — $199,000

2013 — $290,000

-31%

 –

DERBY

Sales

2014 — 4

2013 — 4

0% (no change)

Median price

2014 — $230,750

2013 — $203,000

+14%

 –

MILFORD

Sales

2014 — 23

2013 — 15

+53%

Median price

2014 — $275,000

2013 — $215,000

+28%

 –

MONROE

Sales

2014 — 9

2013 — 12

-25%

Median price

2014 — $325,000

2013 — $266,500

+22%

 –

OXFORD

Sales

2014 — 4

2013 — 3

+33%

Median price

2014 — $364,000

2013 — $353,000

+3%

 –

SEYMOUR

Sales

2014 — 10

2013 — 9

+11%

Median price

2014 — $179,500

2013 — $190,000

-6%

 –

STRATFORD

Sales

2014 — 24

2013 — 18

+33%

Median price

2014 — $225,500

2013 — $193,250

+15%

 –

TRUMBULL

Sales

2014 — 15

2013 — 13

+15%

Median price

2014 — $325,000

2013 — $265,000

+23%

 –

Condominiums

 –

SHELTON

Sales

2014 — 4

2013 — 3

+33%

Median price

2014 — $191,750

2013 — $220,000

-20%

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