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Branford CT Real Estate - Branford CT Market Report for January 2009

Real Estate Agent with RE/MAX Alliance 0754296

February 13, 2009 02:06 PM

Understanding the general direction of the current Branford CT 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 Branford.

There are currently 113 homes for sale in Branford ranging in price from $167,500 to $7,775,000. In January four homes sold in Branford and there are ten homes currently under deposit.

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

This data shows that we're now seeing a substantial increase in the the months supply of homes on the market from a year ago. While the median sales price has remained relatively the same in the past year, there has been an almost 20% decrease in the average sales price. What has played a part in this decrease has been the lack of sales in the higher end market. In the past three months there have been no sales of homes priced over $1,000,000 while there were four sales in the past 6 months and ten sales in the past 12 months.

The data for the Branford CT real estate market report for January 2009 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

If you're considering selling your Branford home, we'd be happy to provide you with a of your home which will help you determine what it might sell for in today's market.

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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 shoreline area in New Haven County Connecticut.

If you're thinking about buying a waterfront home in Branford CT there are plenty of great buys in today's market and now is one of the best times to buy while interest rates remain low. For more information on Branford CT waterfront real estate homes or condos, see Branford CT waterfront real estate or sign up today to get access the hottest new listings here Branford CT waterfront homes and condos.

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Liz Moras Migic

Chilliwack, BC

Chilliwack, British Columbia - Realtor

Every done a DISC test Donna? I'll bet I know what your Letter is! ;-)

Feb 13, 2009 03:15 PM

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Donna, Great Market report.I like the way you write your reports. Good luck in 2009.

Feb 13, 2009 09:33 PM

George Souto

George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT

Your Connecticut Mortgage Expert

Donna it this market it is a must to be on top of things. You need to not only what has sold, but also what other comparable house on the market are listing for.

Feb 14, 2009 08:56 AM

Sandy Shores FL Realtor®, Melbourne Real Estate

M & M Realty of Brevard Inc. - Melbourne, FL

Brevard County Real Estate, Florida's Space Coast

Hi Donna, Always important that buyers and sellers in your area know how the real estate market is performing.

Feb 15, 2009 02:46 AM

Elizabeth Weintraub Sacramento Broker

Elizabeth Anne Weintraub, Broker - Sacramento, CA

Put 40 years of experience to work for you

Wow, lots more to choose from and lower prices, what's a buyer not to like in Brandford these days?

Feb 15, 2009 02:57 AM

Jamie Dumaine-Russell

RE/MAX Alliance - Branford, CT

Liz - I did one of those many,many years ago...I think I was a High C back then...I still have a few blank test forms. Maybe I should do it again and send it to you. what's your guess now?

Gita - Thanks for the compliment. I try to add a little analysis to the data. Good luck to you too in 2009.

George - Absolutely. I am checking stats daily about what's new to the market, what's gone under contract and sales.

Sandy - The more education we can give our buyers and sellers about how the market is performing the more informed they are in making their buying and selling decisions.

Elizabeth - We now have a great selection of homes in Branford to suit any price range which is great. The buyers are finally starting to actively get out there and look again.

Feb 15, 2009 06:30 AM

Bill Gassett

RE/MAX Executive Realty - Hopkinton, MA

Metrowest Massachusetts Real Estate

Donna as usual you have done a terrific job of explaining the current market conditions in Brandford. Your use of the diagrams is excellent.

Feb 18, 2009 10:41 AM

Bill - I consider that a huge compliment coming from you and I really appreciate it! :)

Feb 18, 2009 03:52 PM

Jennifer Fivelsdal

JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY

Mid Hudson Valley real estate connection

Donna - Your presentation is excellent, easy to understand. Yes a market report that will appeal to the public.

Feb 18, 2009 05:31 PM

Jennifer - Thanks so much....I try to blend in a little of the data in a visual and written form which I hope is appealing to anyone who reads it.

Feb 19, 2009 06:37 AM

Branford CT Real Estate - Branford CT Market Report for January 2009

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