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North Haven CT Homes - North Haven Real Estate Market Report September 2009

By
Real Estate Agent with RE/MAX Alliance 0754296

North Haven CT Homes - North Haven Real Estate Market Report Setember 2009

Understanding the general direction of the current North Haven 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 North Haven.

There are currently 109 North Haven CT homes for sale ranging in price from $174,900 to $1,950,000. In the month of September 2009 there were 7 homes that closed which is a decrease of 5 homes as there were 12 North Haven CT homes that closed in September 2008.

The average sales prices of North Haven CT homes sold in September 2009 was $285,003 with an average 45 days on the market versus $358,442 for those sold in September 2008 with an average 63 days on the market.

The median sales price for September 2009 was $239,000.

The median sales price for September 2008 was $281,500.

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

North Haven CT Homes

For the period of January-September 2008 there were 134 homes sold with an average list price of $322,288, an average sales price of $309,481 and a median sales price of 285,000.

For the period of January-September 2009 there were 109 homes sold with an average list price of $318,588, an average sales price of $308,221 and a median sales price of $280,400.

The average sale price to list price ratio for January-September 2008 was 95.53% and for January-September 2009 was 97.05%.

The average days on market for January-September 2008 was 82 days and for January-September 2009 it was 72 days..

In reviewing this comparison of year to year market data for North Haven real estate there has been a considerable 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 North Haven 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 North Haven CT homes is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

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

If you're considering selling your North 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.

If you're thinking of buying a home in North Haven see North Haven CT real estate or sign up today to get access the hottest new listings here North Haven CT Homes for sale.

Copyright © 2009 by Donna Bigda, All Rights Reserved ...*North Haven CT Homes - North Haven Real Estate Market Report September 2009*

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Donna I would not have thought of North Haven as one of the towns that sales had slowed up in.  Lets hope for a better October.

Oct 14, 2009 01:18 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Donna- Just stopping by to say hi! Hope all is well with you and the grandbaby! North Haven CT Homes have some good values for buyers these days! Katerina

Oct 14, 2009 02:29 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

I wish we could see stability in our market like North Haven!  We still desperately need inventory and the buyers are getting anxious here!

Oct 15, 2009 12:30 AM