New Haven CT Real Estate-New Haven Homes Market Report January-June 2011
Understanding the general direction of the current New Haven real estatemarket 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 New Haven home.
There are currently 241 New Haven homes for sale ranging in price from $24,900 to $2,250,000.
During the months of January-June 2011 there were 130 homes that closed. This is a decrease of 68 home as there were 198 homes that closed during January-June 2010.
The average sales prices of the homes sold from January-June 2011 was $198,762 with an average 86 days on the market versus 200,766 for those sold from January-June 2010 with an average 82 days on the market.
The median sales price for January-June 2011 was $156,000.
The median sales price for January-June 2010 was $166,950.
In reviewing this comparison of year to year market data for New Haven CT there has been a significant decrease in the number of homes sold and a slight decrease in the average sales price. Short sales, foreclosure and bank owned sales still continue to be a contributing factor in the overall average sales price. The average days on market for homes sold this year has seen a slight increase from the previous year.
The data for the New Haven homes market report for January-June 2011 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
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 Greater New Haven shoreline area.
If you would like more information about New Haven real estate, the surrounding areas, the housing market in general, or help in your home search, please contact me by phone or text at (203) 645-7467. Would you like to have access to properties immediately to beat other buyers to your dream home? Sign up with no obligation at myShorelineHomeFinder site.
Copyright © 2011 by Donna Bigda, All Rights Reserved ...*New Haven CT Real Estate-New Haven Homes Market Report-January-June 2011*