Morris Cove Homes For Sale -Morris Cove New Haven CT Real Estate Market Report January-November 2010
Understanding the general direction of the current Morris Cove 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 Morris Cove.
There are currently 28 Morris Cove homes for saleranging in price from $150,000 to $699,000.
In the period between January-November 2010 there were 50 homes that closed. This is a decrease of 8 homes as there were 58 homes that closed during the same period in 2009.
The average sales price of Morris Cove homes sold between January-November 2010 was $205,523 with an average 105 days on the market versus $99,284 for those sold during the same period with an average 95 days on the market.
The medisan sales price during January-November 2010 was $191,500
The median sales price during January-November 2009 was $208,000.
Below is a summary of the Morris Cove New Haven CT real estate market that provides a more in depth view of market conditions over the past twelve months.
For the period during January-December 2008 there were 43 Morris Cove homes sold with an average list price of $248,256 average sales price of $235,356, a median sales price of $232,500, an average days on market of 81 days with a 94.68% sale price to list price ratio.
For the period during January-December 2009 there were 62 Morris Cove homes sold with an average list price of $211,524 average sales price of $198,879, a median sales price of $208,000, an average days on market of 94 days with a 94.56% sales price to list price ratio.
In reviewing this comparison of longer term data year to year for the Morris Cove area there was a considerable decrease in the average sales price and average median sales price from January-December as compared to 2008. The sale of a number of distressed properties during 2009 contributed to the lower average sales price year over year. The number of homes sold increased year over year along with the average days on market .
The data for the Morris Cove New Haven CT real estate market report for January-November 2010 is based on statistics provided from the CTMLS (private sales are not included).
Click here for previous Morris Cove Market Reports.
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Contact Donna Bigda, e-PRO, Realtor®, 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 Greater New Haven shoreline area.
If you would like more information about New Haven CT real estate, the surrounding areas, the housing market in general, or help in your home search, please contact me by phone or text at (203) 645-7467. Would you like to have access to properties immediately to beat other buyers to your dream home? Sign up with no obligation at my ShorelineHomeFinder site.
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