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New Haven Connecticut Real Estate Market Report October 2008

New Haven Connecticut Real Estate
Market Report October 2008

Understanding the general direction of the current New Haven Connecticut real estate market is of vital importance to both sellers and buyers.  In analyzing these trends, property absorption rates provide a good indication of whether the current real estate cycle is a buyer's market, a seller's market or a balanced market. There are currently 253 New Haven Connecticut homes for sale (single family).Below is the  most up-to-date absorption rate analyis:
                                                                                     Photo courtesy of poldavo              :   
Featured below are New Haven Connecticut Real Estate Sales for the past three months. Statistics are broken down for a better view of the current market showing the greatest number of sales under $200,000.




Overall, the New Haven real estate market has seen about a 9.75% decrease in the average price of home sales in the past twelve months.  If you are thinking of buying a home in New Haven Connecticut  now is a great time to buy while interest rates are still low and there's a good supply of homes to choose from.
                                            ... more

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