East Haven CT Real Estate- East Haven Homes Market Report January-June 2011
Understanding the general direction of the current East 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 New Haven home.
There are currently 152 East Haven homes for sale ranging in price from $89,900 to $899,900.
During the months of January-June 2011 there were 80 homes that closed. This is a decrease of 40 home as there were 120 homes that closed during January-June 2010.
The average sales prices of the homes sold from January-June 2011 was $197,905 with an average 98 days on the market versus 190,731 for those sold from January-June 2010 with an average 66 days on the market.
The median sales price for January-June 2011 was $192,500.
The median sales price for January-June 2010 was $186,250.
Below is a summary of East Haven homes for sale and the East Haven CT real estate market that provides a more in depth view of market conditions over the past twelve months.
In reviewing this comparison of year to year market data for East Haven CT there has been a significant decrease in the number of homes sold but there has been a slight increase in the average sales price which is a positive sign. The $8,000 buyer credit last year is what made a significant impact on the higher number of sales last year versus this year. A small percentage of short sales, foreclosure and bank owned sales are also a factor that is contributing to the overall average sales price. The average days on market for homes sold this year has seen an increase of almost 30 days from the previous year.
The data for the East Haven homes market report for January-June 2011 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
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 Greater New Haven shoreline area.
If you would like more information about East Haven 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 ...*East Haven CT Real Estate-East Haven Homes Market Report January-June 2011*
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