Branford Homes for Sale Market Report January 2016
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To help Branford home sellers and buyers make a more informed decision when buying or selling a home in it is of vital importance to understand the general direction of the current market conditions for housing prices in Branford.
The average sales price for Branford homes for sale was $428,975 in January 2016 compared to $355,734 during December 2015 and $292,979 for January 2015.
The median sales price for Branford homes for sale was $456,625 in January 2016 compared to $315,000 during December 2015 and $303,000 for January 2015.
Whether you’re considering buying or selling it’s important to understand that pricing trends can vary from neighborhood to neighborhood.
If you are considering buying a home in Branford there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.
There can be a lot of fluctuation in what a home is listed for and what it ultimately sells for. To make sure you don’t overpay for your home, you’ll want to have an agent that does a thorough market analysis of the home on which you are making an offer. If you’re considering selling now or in the near future it’s important to get a Branford home valuation to determine what the value of your home is in today’s real estate market.
The data for Branford CT Housing prices January 2016 is for the referenced month and based on statistics provided from CTMLS for single family homes. All information is deemed reliable but not guaranteed. (private sales are not included)
This post brought to you courtesy of Donna Bigda at RE/MAX Alliance. I am happy to be your friend and neighbor in real estate serving Branford, New Haven, East Haven and the Greater New Haven area including Hamden, North Branford, North Haven, Guilford, Madison, Milford, West Haven and Wallingford. Please remember me for all of your real estate needs, and give me a call at 203-488-1641 ext. 214.