Jefferson Woods Branford Connecticut Market Report October 2008
There are currently ten condominium units for sale in the Jefferson Woods complex ranging in price from $131,000 to $204,500. They include s a one bedroom ranch style unit and nine two bedroom townhouse units
In the month of October two townhouse units sold in the complex. One unit sold for $170,500 and the second sold for $197,000. The average list price was 194,250 with an average sales price of $183,750. The average market time for these two units was143 days with an average sale price to list price ratio of 94%.
From January to October of this year a total of 15 condos have sold in the Jefferson Woods Branford Connecticut condo complex compared to a total of 19 condos that sold during this same period in 2007.
The average list price for January to October 2007 was $194,906 compared to $187,000 for 2008.
The average sales price for Jauary to October 2007 was $186,910 compared to $179,000 for 2008.
The average days on market for January to October 2007 was 62 days compared to 74 days for 2008.
The average sale price to list price ratio for January to October 2007 was 95% compared to 96% for 2008.
Comparing last year's data to this year, we are still experiencing a slight decline in both the average list price and sale price indicating a continued weakness in the current real estate market.
If you're considering putting your Jefferson Woods condo on the market it is critical that you work with an agent who can properly postion and price your unit based on the current market trends.
Other Articles About Jefferson Woods Branford Connecticut:
Jefferson Woods Branford Connecticut Condos
Jefferson Woods Branford Connecticut - Tips For Selling Your Condo For Top Dollar
Jefferson Woods Branford Connecticut Schools
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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 thinking about buying a home in Branford CT there are plenty of great buys in today's market and now is one of the best times to buy while interest rates remain low. For more information on Branford CT real estate homes or condos, see Branford CT real estate or sign up today to get access the hottest new listings here Branford CT homes and condos.
Disclaimer: All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.
Copyright © 2008 by Donna Bigda, All Rights Reserved ...*Jefferson Woods Branford Connecticut Market Report October 2008*
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