Branford Condos Real Estate Market Report January 2013

By
Real Estate Agent with RE/MAX Alliance 0754296

 

Branford Condos Real Estate Market Report January 2013

Understanding the general direction of the current Branford condos real estate market is of vital importance to both sellers Branford Condos Real Estate Market Reportand buyers in order to help you make a more informed decision when buying or selling a condo in Branford CT.

There are currently 85 Branford condos for sale ranging in price from $75,000 to $695,000.

In the month of January 2013 there were 9 condos that closed which is an increase of 1 condo as there were 8 condos that closed in January 2012.

The average sales prices of the Branford condos sold in January 2013 was $155,500 with an average 140 days on the market versus $170,663 for those sold in January 2012 with an average 227 days on the market.

Median sales price for January 2013 was $156,000.

Median sales price for January 2012 was $148,150.

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

 

Branford Condos Real Estate Market Report

For the period of January-December 2012 there were 117 Branford condos sold with an average list price of $191,223, average sales price of $179,369, a median sales price of $160,000, an average days on market of 104 days and an average sales to list price ratio of 93.53%.

For the period of January-December 2011 there were 113 Branford condos sold with an average list price of $208,136,  average sales price of $194,626, a median sales price of $161,000, an average days on market of 139 days and an average sales to  list price ratio of 93.98%.

In reviewing this comparison of year to year market data for the Branford condo real estatemarket there has been a modest increase in the number of condos sold however there has been a decrease in the average sales price.. The average days on market for condos sold this year has gone down from the previous year. 

The data for the Branford Condo market report for January 2013 is based on statistics provided from the CTMLS (private sales are not included).

 

 

Donna Bigda REALTOR®
RE/MAX Alliance
203-645-7467
 
 
 
 
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Copyright © 2013 by Donna Bigda, All Rights Reserved ...*Branford Condos Real Estate Market Report January 2013*

Comments (7)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Donna - Thank you for sharing detailed information about Branford, Connecticut condos real estate market report January 2013.

Mar 11, 2013 10:14 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Donna excellent job in breaking down the data and explaining it in the Market Report.

Mar 11, 2013 11:16 AM
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

Great market report Donna. You laid it all out pretty well. Keep up the good work and stay the best in Branford, CT.

Mar 12, 2013 08:28 AM
Julie Dumaine-Russell
RE/MAX Alliance - Branford, CT

Thank you John, George & Erika.

Mar 12, 2013 09:55 AM
Waynette Hoover Araj
Keller Williams Realty - Asheboro, NC
Connecting your Dreams with the Right Real Estate

Hello Donna, very well done with this market report for Branford Condos. Love the looks of those numbers in Branford. Keep it up!

Mar 12, 2013 10:51 AM
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services
Hello Donna, thanks for sharing how well Branford Condos Real Estate Market  did last January 2013. Very well done with this report. Keep up the good work!
Jul 25, 2013 12:57 PM
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Thanks for the market report Donna. Branford Condos Real Estate Market shows postive signs that this year will be an awesome year. Best of luck Donna.

Aug 08, 2013 07:21 PM