middlebury
Incorporated in 1807 from former Southbury, Waterbury, and Woodbury lands, the town of Middlebury located in New Haven County town took its name from its location in the midst, or middle, of these communities. Agriculture, with supporting small industries such as blacksmithing, provided Middlebury’s early economic base.
The 1800s saw the rise of textile mills and small factories but by the 1900s, these had declined and dairying and raising saddle horses predominated. Middlebury is also home to the Westover School for girls, founded in 1909 by Mary Robbins Hillard, and designed by Theodate Riddle Pope, one of the first women architects in the US.
info stats
LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
market reports
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