Guilford Homes For Sale - Guilford CT Real Estate Market Report September 2009
Understanding the general direction of the current Guilford 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 Guilford.
There are currently 187 homes for sale in Guilford ranging in price from $189,000 to $5,850,000.
In the month of September 2009 there were 16 homes that closed which is a decrease if 1 home as there were 17 homes that closed in September 2008.
The average sales prices of the homes sold in September 2009 was $520,031 versus $1,071,842 for those sold in Septmeber 2008. The huge difference in the average sales price year over year for September was due to the sale of a home for $11,900,000.
The averages days on the market for September 2009 was 140.
The average days on the market for September 2008 was 115.
Median sales price for September 2009 was $385,250.
Median sales price for September 2008 was $340,000.
Below is a summary of the Guilford CT real estate market that provides a more in depth view of market conditions over the past twelve months.
For the period of January - September 2008 there were 172 homes sold with an average list price of $616,535, an average sales price of $576,366, a median sales price of $410,000 and an average days on market of 104 days.
For the period of January - September 2009 there were 141 home sold with an average list price of $505,515 an average sales price of $467,503, a median sales price of $399,900 and an average days on market of 103 days.
The average sale price to list price ratio for January - Septmeber 2008 was 94.93% and for January - September 2009 was 93.13%.
In reviewing this comparison of year to year market data for Guilford CT there has been a significant decrease in the average sales price and in the median sales price indicating we are still experiencing a continued weakness in the real estate market. The number of homes sold has seen a considerable decrease in the year over year and average days on market has remained relatively flat.
The data for the Guilford CT real estate market report for September 2009 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
Click here for previous Gulford Connectiuct Market Reports
Homes For Sale in Guilford CT by Price Range
$10,000 to $250,000
250,000 to $500,000
$500,000 to $750,000
$750,000 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 thinking about buying a home in Guilford CT there are many great buys in today's market while interest rates remain low. For more information on Guilford CT real estate homes or condos, see Guilford CT real estate or sign up today to get access the hottest new listings here Guilford CT homes and condos.
If you're considering selling your Guilford 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.
Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Guilford Homes For Sale - Guilford CT Real Estate Market Report September 2009*
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Donna, that 11 mil home that sold really skewed the market, LOL. Anyway, your reports are great, and I love the format. A tough market place, but for those who have the dollars, this would be the time to buy in Guilford. And such a beautiful place.