East Haven Connecticut Real Estate Market Report January 2013

East Haven Connecticut Real Estate Market Report January 2013

Understanding the general direction of the current East Haven Connecticut 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 East Haven.

There are currently 103 homes for sale in East Haven Connecticut ranging in price from $100,000 to $700,000.

In the month of January 2013there were 6 homes that closed which is a decrease of 4 homes as there were 10 homes that closed in January 2012.

The average sales prices of the East Haven Connecticut homes sold in January 2013 was $202,833 with an average 122 days on the market versus $155,490 for those sold in January 2012 with an average 69 days on the market.

The median sales price for January 2013 was $193,500.

The  median sales price for Janauary 2012 was 154,450.

For the month of January 14 homes went under contract in East Haven Conecticut.  The average list price of the homes that went under contract was $181,871 and with an average of 200 days on the market.

Below is a summary of the East 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 2012 there were 186 homes sold with an average list price of $188,382 an average sales price of $177,554 and a median sales price of $168,000.

For the period of January-December 2011 there were 178 homes sold with an average list price of $214,432 an average sales price of $200,860 and a median sales price of $186,500.

The average sale price to list price ratio for January-December 2012 was 94.32% and for January-December 2011 was 94.07%.

The average days on market for January-December 2012 was 88 days and for January-December 2011 it was 90 days.

In reviewing this comparison of year to year market data for East Haven Connecticut there has been a moderate increase in the number of homes sold however there has been a decrease in the average sales price . 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 in 2012  has seen a slight decrease from the previous year. 

The data for the East Haven Connecticut real estate market report for January 2013 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

Copyright © 2011 by Donna Bigda, All Rights Reserved ...*East Haven Connecticut Real Estate Market Report January 2013*