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The Running Realtor's Home Sales Report - February 2009

By
Real Estate Agent with Real Estate

Home sales in my primary market along the Connecticut Shoreline have continued to slide.  Winter has been harsh giving us double the average annual snowfall and the media is filling the airwaves with negative reports of gloomy conditions. 

People constantly hear of the skyrocketing foreclosures rate and buyers seem reluctant to purchase homes.  A report today by TransUnion puts the Mortgage Loan Delinquency Rates in perspective.  Nationally the mortgages that are 60 days or more past due stands at 4.58%, a higher number then past years but not huge since over 95% of the people are keeping up with their payments.

If you are considering purchasing a home and plan to be there for a number of years this may be the best opportunity in ages. Prices have come down and rates are still low,  first time home buyers have the added incentive of the Stimulus Plan.

Asking Price   Sale Price   Address Beds   Baths   Town / State / Zip
.                  
375,000   336,000   108 Burban Drive 3   1.0   Branford, CT  06405
319,000   290,000   350 Clark Avenue 3   2.0   Branford, CT  06405
699,900   650,000   10 Gaylea Drive 3   2.0   Branford, CT  06405
442,000   410,000   9 Hunting Ridge Farms 3   2.1   Branford, CT  06405
774,000   717,000   67 Linden Avenue 4   3.1   Branford, CT  06405
239,900   225,000   1 Marion Road 3   2.0   Branford, CT  06405
.                  
739,000   739,000   #2 - Bill Rodgers Drive 5   3.0   Guilford, CT  06437
549,000   519,000   95 Dromara Road 4   3.0   Guilford, CT  06437
154,900   154,900   62 Half Mile Road 2   1.0   Guilford, CT  06437
399,000   390,000   30 Hart Road 3   2.1   Guilford, CT  06437
749,900   500,000   982 Leetes Island Road 1   1.1   Guilford, CT  06437
589,900   570,000   67 Mustang Drive 4   3.0   Guilford, CT  06437
399,900   395,000   70 Old Pent Road 3   2.1   Guilford, CT  06437
365,000   350,000   54 Shaker Court 4   3.0   Guilford, CT  06437
164,900   150,000   214 Shore Drive 2   1.0   Guilford, CT  06437
369,000   355,500   81 Sylvan Hills Road 3   1.1   Guilford, CT  06437
675,000   575,000   480 Three Corners Road 3   3.0   Guilford, CT  06437
409,900   382,500   57 White Birch Drive 2   2.1   Guilford, CT  06437
499,900   440,000   564 White Birch Drive 4   3.0   Guilford, CT  06437
.                  
349,900   322,500   453 Durham Road 4   2.1   Madison, CT  06443
299,900   250,000   69 Garnet Park Road 2   1.0   Madison, CT  06443
224,000   211,000   18 Madrina Lane 2   1.0   Madison, CT  06443
699,000   600,000   9 Neptune Avenue 2   1.1   Madison, CT  06443
520,000   476,500   11 Nursery Lane 3   2.1   Madison, CT  06443
890,000   890,000   17 Rockledge Drive 5   4.1   Madison, CT  06443
340,000   310,000   44 Winding Road 4   2.0   Madison, CT  06443
.                  
336,000   321,000   24 Meadow Road 3   2.0   N Branford, CT  06471
.                  
286,000   263,000   75 Bayard Avenue 3   1.1   North Haven, CT  06473
259,000   255,000   1040 Hartford Turnpike 2   1.1   North Haven, CT  06473
349,900   310,000   15 Kent Drive 4   3.0   North Haven, CT  06473

If you are thinking of selling and curious about the value of your home click the house on the right to request a Free No Obligation Market Analysis of the property.  With today's on-line  databases I can give you a fairly good idea of the market price without even touring the house.

Anyone ready to undertake the adventures of searching for property in New Haven County can contact Dan Cummings - The Running Realtor via email or call my 24 hour access line : 203-672-2455

 

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Comments(2)

Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

I will be waiting with baited breath for the Milford CT Real Estate report:)

Mar 04, 2009 12:18 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dan "Nationally the mortgages that are 60 days or more past due stands at 4.58%, a higher number then past years but not huge since over 95% of the people are keeping up with their payments."  Now why can't the News Media report thing from that point of view????  Good job!!!

Mar 05, 2009 07:20 AM