East Haven Homes For Sale - East Haven Real Estate Market Report August 2009

East Haven Homes For Sale - East Haven Real Estate Market August 2009

Understanding the general direction of the current East Haven CT real estate market condition 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 East Haven.

There are currently 133 homes for sale in East Haven ranging in price from $75,900 to 1,089.000.

In the month of August 2009 there were 20 homes that closed. This is the same number of homes that closed in August 2008.

The average sales prices of the homes sold in August 2009 was $189,895 with an average 58 days on the market versus $223,615 for those sold in August 2008 with an average 73 days on the market.

The median sales price for August 2009 was $188,250.

The median sales price for August 2009 was $223,050.

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

For the period of January-August 2008 there were 129 homes sold with an average sales price of $229,609 and a median sales price of $222,000.

For the period of January-August 2009 there were 140 homes sold with an average sales price of $193,649 and a median sales price of $189,500.

The average sold price to list price ratio for January-August 2008 was 95% and for January-August 2009 was 94%.

The average days on market for January-August 2008 was 86 days and for January-August 2009 it was 85 days.

In reviewing this comparison of year to year market data for East Haven CT there has been a moderate increase in the number of homes sold.  While there has been a considerable decrease in the average sales price the months supply of inventory is going down, buying activity is up indicating signs of some stability in the East Haven real estate market. . The average days on market for homes sold this year has remained relatively flat from the previous year.

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

Click here for previous East Haven CT Market Reports

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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 East Haven 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.

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