shelton
Shelton, in Fairfield County, is located in western Connecticut at the confluence of the Housatonic and Naugatuck Rivers. Settled in 1639 as part of the town of Stratford, the area was known as Coram, and also Ripton, before being incorporated in 1789 as Huntington. In 1882, it was renamed Shelton, before being incorporated as a city in 1915.
The harnessing of abundant waterpower from the Husatonic River dam and a local canal allowed for the production of everything from pins to pianos. Today, Shelton remains a manufacturing center and the headquarters of many international companies. Included among Shelton’s manufactured goods are Wiffle balls—a Connecticut invention.
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
CLICK ON EACH REPORT TO VIEW DETAILS
