New Haven Homes For Sale-New Haven CT Real Estate Market Report December 2010
Understanding the general direction of the current New Haven 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 New Haven.
There are currently 184 homes for sale in New Haven ranging in price from $29,900 to $2,250,000.
In the month of December there were 20 homes that closed which is a decrease of 4 home as there were 24 homes that closed in December 2010.
The average sales prices of the homes sold in December 2010 was $145,850 with an average 130 days on the market versus $203,671 for those sold in December 2009 with an average 62 days on the market..
Below is a summary of the New Haven CT real estate market that provides a more in depth view of market conditions over the past twelve months.
For the period of January-December 2009 there were 354 homes sold with an average list price of $209,669, an average sales price of $199,055 and a median sales price of $171,000.
For the period of January-December 2010 there were 328 homes sold with an average list price of $219,572, an average sales price of $207,805 and a median sales price of $165,000.
The average sale price to list price ratio for January-December 2009 was 93.79% and for January-December 2010 was 93.97%.
The average days on market for January-December 2009 was 84 days and for January-December 2010 it was 87 days.
In reviewing this comparison of year to year market data for New Haven CT there has been a considerable decrease in the number of homes sold however the average sales price is moving up slightly. Short sales, foreclosure and bank owned sales still continue to be a contributing factor in the overall average sales price. The average days on market for homes sold this year has seen a slight increase from the previous year.
The data for the New Haven CT real estate market report for December 2010 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
Click here for previous New Haven Connecticut Market Reports
Contact Donna Bigda, 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 Greater New Haven shoreline area.
If you would like more information about New Haven CT real estate, the surrounding areas, the housing market in general, or help in your home search, please contact me by phone or text at (203) 645-7467. Would you like to have access to properties immediately to beat other buyers to your dream home? Sign up with no obligation at my ShorelineHomeFinder site.
Copyright © 2011 by Donna Bigda, All Rights Reserved ...*New Haven Homes For Sale-New Haven CT Real Estate Market Report December 2010*
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