Hamden CT Homes - Hamden Real Estate Market Report September2009

Understanding the general direction of the current Hamden 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 Hamden.

There are currently 189 Hamden CT homes for sale ranging in price from $69,900 to $1,495,000. In the month of September 2009 there were 39 homes that closed which is an increase of 1 home as there were 38 Hamden CT homes that closed in September 2008.

The average sales prices of the Hamden CT homes sold in September 2009 was $276,356 with an average 97 days on the market versus $294,339 for those sold in September 2008 with an average 78 days on the market.

The median sales price for September 2009 was $242,000.

The median sales price for September 2008 was $253,500.

Below is a summary of the Hamden 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 374 Hamden CT homes sold withan average list price of $297,287, an average sales price of $284,279 and a median sales price of 260,000.

For the period of January-September 2009 there were 341 Hamden CT homes sold with an average list price of $258,543, an average sales price of $245,850 and a median sales price of $227,500.

The average sale price to list price ratio for January-September 2008 was 95.72% and for January-September 2009 was 95.10%.

The average days on market for January-September 2008 was 82 days and for January-September 2009 it was 80 days.

In reviewing this comparison of year to year market data for the Hamden real estate market there has been a significant decrease 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 indicating signs of some stability in the Hamden real estate market. . The average days on market for homes sold this year has decreased from the previous year.

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

Click here for previous Hamden Connectiuct 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, Milford, New Haven, North Branford, Hamden, North Haven and the rest of shoreline area in New Haven County Connecticut.

If you're considering selling your Hamden 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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Copyright © 2009 by Donna Bi.da, All Rights Reserved ...*Hamden CT Homes - Hamden Real Estate Market Report September 2009*