Understanding the general direction of the current Branford CT 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 Branford.
There are currently 113 homes for sale in Branford ranging in price from $167,500 to $7,775,000. In January four homes sold in Branford and there are ten homes currently under deposit.
Here is a summary of the Branford CT real estate market that provides a more in depth view of market conditions over the past twelve months.
This data shows that we're now seeing a substantial increase in the the months supply of homes on the market from a year ago. While the median sales price has remained relatively the same in the past year, there has been an almost 20% decrease in the average sales price. What has played a part in this decrease has been the lack of sales in the higher end market. In the past three months there have been no sales of homes priced over $1,000,000 while there were four sales in the past 6 months and ten sales in the past 12 months.
The data for the Branford CT real estate market report for January 2009 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
If you're considering selling your Branford home, we'd be happy to provide you with a of your home which will help you determine what it might sell for in today's market.
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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 waterfront 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 waterfront real estate homes or condos, see Branford CT waterfront real estate or sign up today to get access the hottest new listings here Branford CT waterfront homes and condos.
Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Branford CT Real Estate - Branford CT Market Report for January 2009*
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