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North Haven CT Homes - North Haven Real Estate Market Report November 2009

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Real Estate Agent with RE/MAX Alliance 0754296

North Haven CT Homes - North Haven Real Estate Market Report November 2009

North Haven CT HomesUnderstanding the general direction of the current North Haven 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 North Haven.

There are currently 99 North Haven CT homes for sale ranging in price from $174,900 to $1,295,000. In the month of November 2009 there were 19 homes that closed which is an increase of 9 homes as there were 10 North Haven CT homes that closed in November 2008.

The average sales prices of North Haven CT homes sold in November 2009 was $271,416 with an average 98 days on the market versus $269,140 for those sold in November 2008 with an average 82 days on the market.

The median sales price for November 2009 was $265,000.

The median sales price for November 2008 was $259,250.

Below is a summary of the North Haven real estate market that provides a more in depth view of market conditions over the past twelve months.

North Haven CT Homes

For the period of January-November 2008 there were 159 homes sold with an average list price of $324,225, an average sales price of $310,603 and a median sales price of 285,000.

For the period of January-November 2009 there were 150 homes sold with an average list price of $315,066, an average sales price of $303,567 and a median sales price of $280,000.

The average sale price to list price ratio for January-November 2008 was 95.57% and for January-November 2009 was 96.57%.

The average days on market for January-November 2008 was 82 days and for January-November 2009 it was 76 days..

In reviewing this comparison of year to year market data for North Haven real estate there has been a slight decrease in the number of homes sold. While the average sales price has decreased year over year the months supply of inventory is going down indicating signs of some stability in the North Haven real estate market.  The average days on market for homes sold this year has decreased from the previous year.

The data for the November 2009 real estate market report for North Haven CT homes is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

Click here for previous North Haven Connecticut Market Reports

 

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, North Branford, Hamden, North Haven and the rest of shoreline area in New Haven County Connecticut.

If you're considering selling your North Haven home, we'd be happy to provide you with a Pin-Point Price Analysis of your home which will help you determine what it might sell for in today's market.

If you're thinking of buying a home in North Haven see North Haven CT real estate or sign up today to get access the hottest new listings here North Haven CT Homes.

Copyright © 2009 by Donna Bigda, All Rights Reserved ...*North Haven CT Homes - North Haven Real Estate Market Report November 2009*

Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Donna..the statement should say "you have come a long way baby"...Buyers should get serious while there are still good choices and there are record low mortgage interest rates. Many areas of North America are now enjoying a sellers market!

Dec 08, 2009 05:38 PM
Jamie Dumaine-Russell
RE/MAX Alliance - Branford, CT

Hi Fred! - You're so right!  There are a few areas around here that are beginning to see that same trend.

Dec 09, 2009 04:56 AM