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Branford CT Condos Market Report - October 2008

By
Real Estate Agent with RE/MAX Alliance 0754296

Branford CT Condos Market Report October 2008 There are currently 135 Branford CT condos for sale rangining in price from $89,900 to $894,500.

Understanding the general direction of the current Branford CT condo real estate market is of vital importance to both sellers and buyers.  In analyzing these trends, property absorption rates provide a good indication of whether the current real estate cycle is a buyer's market, a seller's market or a balanced market. Below is the  most up-to-date absorption rate analysis:
Branford CT Condos Market Report October 2008
Featured below are the Branford CT Condo Real Estate sales in the past 3 months. Statistics are broken down by price range for a better view of the current market

Branford CT Condos Market Report 2008

Branford CT Condos Market Report October 2008

Overall, the Branford CT condo real estate market has seen about a 8.3% decrease in the average price of condominium sales in the past twelve months.  If you are thinking of buying a condo or townhouse in Branford Connecticut  now is a great time to buy while interest rates are still low and there's a good supply of units to choose from.

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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 ...*Branford CT Condos Market Report - October 2008*

Jim Rogers
Keller Williams - Chesapeake, VA

I am finding here in Virginia Beach area that the CONDO maket is the last resort for buyers.  We do have them in any price range here also . You can find one from anywhere 125,00 to over a $1 million mark.  It just seems that the market for CONDOS are really on the downturn,  and a big turn off for many are the condo fees that are included.  So I am finding out that townhomes and single family homes wihtout the condo/homeowner fees are first choice.

Jim Rogers Keller Williams

Nov 09, 2008 03:41 AM
Elizabeth Nieves
The Elizabeth Nieves Realty Group - Durham, NC
Bilingual Raleigh - Durham North Carolina Real Estate Team

Very interesting and thorough report. I love the pie chart to finish it off. It seems that things are holding somewhat steady, with just a slight decrease in sales price. That just means that the buyers need to snatch up the inventory while prices are low. GREAT STUFF! GBU!

Nov 09, 2008 06:01 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Donna I did not realize the Branford had that many Condo's that they would have as much as 135 of them on the market for sale.

Nov 09, 2008 08:06 AM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Donna your reports covering the Branford condo market are excellent. The graphs do a fine job of showing what is happening in the market.

Nov 09, 2008 08:40 AM