East Haven CT Homes - East Haven CT Real Estate Market Report January 2010
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 123 East Haven CT homes for sale ranging in price from $84,900 to 859,900.
In the month of January 2010 there were 15 homes that closed which is an increase of 1 home as they were 14 homes that closed in January 2009.
The average sales prices of the East Haven CT homes sold in January 2010 was $175,097 with an average 52 days on the market versus $179,340 for those sold in January 2009 with an average 89 days on the market.
The median sales price for January 2010 was $177,350.
The median sales price for January 2009 was $178,000.
Below is a summary of the East Haven CT real estate marketthat provides a more in depth view of market conditions over the past twelve months.
For the period of January-December 2008 there were 188 East Haven CT homes sold with an average list price of $231,031, an average sales price of 219,767 and a median sales price of $215,500.
For the period of January-December 2009 there were 227 East Haven CT homes sold with an average list price of $209,797, an average sales price of $198,495 and a median sales price of $190,000.
The average sold price to list price ratio for January-December 2008 was 95.16% and for January-December 2009 was 95.04%.
The average days on market for January-December 2008 was 85 days and for January-December 2009 it was 83 days.
In reviewing this comparison of year to year market data for East Haven CT there has been a considerable decrease in the average listing and selling price. However one positive note between the data for 2008 to 2009 is the increase in the number of homes sold. The average days on market for homes sold this year has decreased slightly from the previous year.
The data for the East Haven CT real estate market report for January 2010 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, 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 CT 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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