North Branford Homes For Sale - North Branford Real Estate Market Report December 2009
Understanding the general direction of the current North Branford 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 Branford.
There are currently 30 North Branford homes for sale ranging in price from $158,900 to $739,900. In the month of December 2009 there were 7 homes that closed which is an increase of 2 homes as there were 5 homes that closed in December 2008.
The average sales prices of North Branford homes sold in Decemberr 2009 was $260,229 with an average 48 days on the market versus $443,700 for those sold in December 2008 with an average 128 days on the market.
The median sales price for December 2009 was $230,000.
The median sales price for December 2008 was $315.000.
Below is a summary of the North Branford real estate market that provides a more in depth view of market conditions over the past twelve months.
For the period of January-December 2008 there were 49 North Branford homes sold withan average list price of $333,857, an average sales price of $317,288 and a median sales price of 302,500.
For the period of January-November 2009 there were 56 North Branford homes sold with an average list price of $273,956, an average sales price of $260,698 and a median sales price of $235,000.
The average sale price to list price ratio for January-November 2008 was 94.64% and for January-November 2009 was 95.37%.
The average days on market for January-November 2008 was 107 days and for January-November 2009 it was 79 days.
In reviewing this comparison of year to year market data for North Branford real estate there has been a slight increase in the number of homes sold. There has been a considerable decrease in the average sales price and the average days on market for homes sold this year has decreased from the previous year.
The data for the December 2009 real estate market report for North Branford homes for sale is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
Click here for previous North Branford Connectiuct Market Reports
Contact Donna Bigda, 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 Greater New Haven County.
If you're considering selling your North 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.
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