East Haven Houses for Sale and Sold Market Report November 2013
Understanding the general direction of the current East Haven Connecticut 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 East Haven.
There are currently 138 East Haven houses for sale ranging in price from $85,000 to $795,000.
In the month of November 2013 there were 23 homes that closed which is an increase of 7 homes as there were 16 homes that closed in November 2012.
The average sales prices of the East Haven Connecticut homes sold in November 2013 was $151,474 with an average 87 days on the market versus $199,169 for those sold in November 2012 with an average 103 days on the market.
The median sales price for November 2013 was $142,500.
The median sales price for November 2012 was 192,500.
For the month of November 11 homes went under contract in East Haven Connecticut. The average list price of the homes that went under contract was $154,663 with an average of 84 days on the market.
Below is a summary of the market for East Haven houses for sale and sold that provides a more in depth view of market conditions over the past twelve months.
In reviewing this market data the real estate market in East Haven has remained fairly stable over the past year which is good news for both buyers and sellers. A small percentage of short sales, foreclosure and bank owned sales are still a factor that continue to influencce to the overall average sales price.
The chart above represents an overall broad spectrum of the East Haven real estate market. If you're considering buying or selling it's important to understand that pricing trends can vary from neighborhood to neighborhood.
The data for the East Haven Connecticut houses for sale and sold market report November 2013 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
Originally posted at http://www.greater-new-haven-real-estate.com/east-haven-houses-for-sale/
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Copyright © 2014 by Donna Bigda, All Rights Reserved ...*East Haven Houses for Sale and Sold Market Report November 2013*