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Madison CT Homes-Madison Real Estate Market Report January-November 2010

Real Estate Agent with RE/MAX Alliance 0754296

Madison CT Homes-Madison Real Estate Market Report January-November 2010

Understanding the general direction of the current Madison CT homes real estatemarket 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 inNew Haven.

There are currently 227 Madison CT homes for sale ranging in price from $72,000 to $8,975,000.

During the months of January-November 2010there were 196 Madiosn homes that closed which is an increase of 29 homes as there were 167 homes that closed from January-November 2009.

The average sales prices of the Madison CT homes sold from January-November 2010 was $567,523 with an average 108 days on the market versus $552,476 for those sold during January-November 2009 with an average 115 days on the market..

The median sales price from January-November 2010 was $423,500.

The median sales price from January-November 2009 was $435,000

Below is a summary of the Madison CT real estate marketthat provides a more in depth view of market conditions over the past twelve months.

Madison CT Homes

In reviewing the comparison of year to year market data for Madison CT homes there has been an increase in the number of homes sold and in the overall average sales price which is a positive sign as we close out the year. The average days on market for Madison CT homes sold this year has decreased a bit from the previous year.

The data for the Madison CT real estate market report January-November 2010 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

Click here for previous Madison Connectiuct 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 and the rest of Greater New Haven shoreline area.

If you would like more information about Madison CT homes for sale, 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.



Copyright © 2010 by Donna Bigda, All Rights Reserved ...*Madison CT Homes For Sale-Madison Real Estate Market Report January-November 2010*

Comments (3)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Donna now that is what I love to see.  Increase in sales, increase in average sales price, and decrease in days on the market.  Wouldn't it be great if this could be the trend for every town, every month? :) :) :)

Dec 21, 2010 09:56 AM
Jamie Dumaine-Russell
RE/MAX Alliance - Branford, CT

George - Oh how wonderful that would be!! :)

Dec 21, 2010 01:18 PM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Donna - what an interesting reflection on the ending of one year and the beginning of another and with photos!.......:-)Happy New Year!

Jan 01, 2011 04:03 PM