Did you ever feel frustrated trying to understand what is truly happening in the real estate market? Did you ever feel confused because different sources have conflicting data?

Hi! I’m Igor Krasnoperov, Broker/Owner of Your Home Sold Guaranteed Realty right here in Newtown and in this video, I will share with you the 4 most important stats you need to know about January 2023 sales in Newtown, CT. These stats are NOT my opinions. These are real facts from MLS, the database utilized by real estate brokers to report their sales.**

📈 1. The average sale price of $284 per sq ft in January of 2023 was 15.5% higher than sales in January of 2022 ($246) and 8.4% higher than sales for the entire 2022 ($262). So the price per sq ft is still going up!

📊 2. The average days on the market for January of 2023 was 46 days compared to 71 days on the market in January of 2022 and 54 days for the entire 2022. So the days on the market continue to shrink!

📈 3. At the end of the month, we had 35 active listings and based on the 2022 average sale per month of 28 we have less than 1.5 months' worth of inventory. We are in a STRONG seller’s market!

📊 4. The average Sale Price vs. List Price was 99%, a decline compared to 102% in January 2022. Don’t get fooled by it! Please pay attention to the very first stat that I’ve shared.

Please remember, different price points perform differently, so if you are looking for a detailed equity analysis of your home, please contact me directly!

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YOUR HOME SOLD GUARANTEED OR WE WILL BUY IT!*💲🏡 While many agents promise to sell your home, we guarantee it in writing! To learn more about our Guaranteed Sale Program, visit https://www.TeamSuccessGuaranteedSale.com or call Your Home Sold Guaranteed Realty at ☎️203-408-6100 or ☎️914-529-6300.

💻 Get a FREE analysis of your home! Find out your home value, home equity, refinance and mortgage reduction, and much more! http://www.NewtownCTHomeValues.com

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*Seller and Your Home Sold Guaranteed Realty must agree on the price and possession date. **Provided statistics are for single-family homes activity only. The data source is SmartMLS.