Understanding the general direction of the current Branford CT real estate market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Branford.

There are currently 144 homes for sale in Branford ranging in price from $180,000 to $7,775,000. 

In the month of July 2009 there were 20 homes that closed.  This is a decrease of one home as there were 21 homes that closed in July 2008.  

The average sales prices of the homes sold in July 2009 was $378,535 with an average 69 days on the market versus $557,576 for those sold in July 2008 with an average 105 days on the market. 

The median sales price for July 2009 was $303,000.

The median sales price for July 2008 was $369,000.

Below is a summary of the Branford CT real estate market that provides a more in depth view of market conditions over the past twelve months.

The following charts are an overview of the market statistics for the Branford CT real estate market between January-July 2008 and January-July 2009.

For the period of January-July 2008 there were 92 homes sold with an average sales price of $477,485 and a median sales price of $344,000.

For the period of January-July 2009 there were 76 homes sold with an average sales price of $387,807 and a median sales price of $336,000.

The average sold price to list price ratio for January-July 2008 was 92% and for January-July 2009 was 94%.

The average days on market for January-July 2008 was 101 days and for January-July 2009 it was 78 days.

In reviewing this comparison of year to year market data for Branford CT there has been a decrease in the number of homes sold along with a decrease in the average sales price indicating a continued weakness in the real estate market.  The average days on market for homes sold this year has declined from the previous year.

The data for the Branford CT real estate market report for July 2009 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

Read more:

Branford CT Real Estate - Branford CT Market Report for June 2009

Branford CT Real Estate - Branford CT Market Report for May 2009

Branford CT Real Estate - Branford CT Market Report for April 2009

Branford CT Real Estate - Branford CT Market Report for February 2009

Homes For Sale in Branford CT by Price Range

$100,000 to $250,000

250,000 to $500,000

$500,000 to $750,000

$7500,000 to $1,000,000

$1,000,000+

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Contact Donna Bigda, ABR, SRES, e-PRO, Realtor®, RE/MAX Alliance Licensed Realtor® in the State of Connecticut at 203-488-1641, ext. 214 to list your property for sale or to purchase a property in Branford, Guilford, Madison, East Haven, New Haven and the rest of shoreline area in New Haven County Connecticut.

If you're considering selling your Branford home, we'd be happy to provide you with a Pin-Point Price Analysis of your home which will help you determine what it might sell for in today's market.

To keep up to date on the current state of the Branford CT Real Estate Market & other information about Branford CT, subscribe to my blog via email here or visit online at www.connecticutshorelineblog.com.

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Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Branford CT Real Estate - Branford CT Homes and Market Report July 2009*