Connecticut Shoreline Real Estate Market Statistics
Tom Burland www.Ct-Shore-Homes.com
I just posted my February newsletter and found that we are seeing a nice increase in Homes for Sale going under contract in Madison CT and Guilford CT. The table below shows that in Guilford, there were 32 homes that buyers put under contract in January of this year vs. just 12 in 2008, in Madison the number of homes going under contract in January of 2009 was 21 vs just 17 in 2008. Also worth noting, the homes that went under contract had an Average Days On Market of 56 in Guilford and 83 days in Madison, which is significantly below what we had been seeing.
|
Town |
Units 2008 |
Units 2009 |
Median L/P 2009 |
ADOM 2009 |
|
37 |
22 |
$234,900 |
91 |
|
|
12 |
9 |
$339,775 |
87 |
|
|
9 |
3 |
$509,000 |
90 |
|
|
12 |
32 |
$399,900 |
56 |
|
|
17 |
21 |
$399,000 |
83 |
|
| Westbrook |
9 |
5 |
$440,000 |
56 |
For more market statistics visit our website newsletter http://www.ct-shore-homes.com/newsletters-c11857.html Also please sign up for email delivery of this newsletter which is published each month.
We would welcome the opportunity to provide additional insight on the local market...just give us a call.
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