East Haven Homes for Sale and Sold Market Report October 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 172 homes for sale in East Haven ranging in price from $89,000 to $795,000. This includes properties that are under contract subject to conditions being met.
In the month of October 2013 there were 18 homes that closed which is a decrease of 5 homes as there were 23 homes that closed in October 2012.
The average sales prices of the East Haven Connecticut homes sold in October 2013 was $185,806 with an average 69 days on the market versus $186,683 for those sold in October 2012 with an average 77 days on the market.
The median sales price for October 2013 was $180,250.
The median sales price for October 2012 was 175,000.
For the month of October 14 homes went under contract in East Haven Connecticut. The average list price of the homes that went under contract was $179,529 with an average of 88 days on the market.
Below is a summary of the market forEast Haven homes for sale and sold that provides a more in depth view of market conditions over the past twelve months.
In reviewing this market data the real estate market in East Haven has remained fairly stable over the past year. A small percentage of short sales, foreclosure and bank owned sales are also a factor that continue to contribute to the overall average sales price.
The chart above represents an overall broad spectrum of the East Haven real estate market. If you're considering buying or selling it's important to understand that pricing trends can vary from neighborhood to neighborhood.
The data for the East Haven Connecticut real estate market report for October 2013 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
Originally posted at http://www.greater-new-haven-real-estate.com/east-haven-homes-for-sale-and-sold-market-report-october-2013/
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Copyright © 2013 by Donna Bigda, All Rights Reserved ...*East Haven Homes for Sale and Sold Market Report October 2013*
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