Guilford CT Homes Market Report-Guilford CT Real Estate January 2013
Understanding the general direction of the current Guilford 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 Guilford.
There are currently152 Guilford CT homes for sale ranging in price from $164,900 to $6,995,000.
In the month of January 2013 there were 13 homes that closed which is an increase of 5 home as there were 8 homes that closed in January 2012.
The average sales prices of the Guilford CT homes sold in January 2013 was $916,213 versus $332,188 for those sold in January 2012. The higher average sales price in January 2013 was due to the sale of 3 $1,000,000+ properties.
The average sales prices of the Guilford homes sold in January 2013 was $916,313 with an average 111 days on the market versus $332,188for those sold in January 2012 with an average 97 days on the market. The higher average sales price in January 2013 was due to the sale of 3 $1,000,000+ properties.
Median sales price for January 2013 was $425,000.
Median sales price for January 2012 was $294,000.
There are a total of 51 homes under contract in Guilford with six going under contract in the month of January. The average list price of the homes under contract is $461,371 with an average of 129 days on the market.
Below is a summary of the Guilford CT real estate market that provides a more in depth view of market conditions over the past twelve months.
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If you're facing financial difficulty, finding it hard to pay your mortgage and owe more on your home than what it's worth please give me a call to discuss your options. Even if you're facing the possibility of foreclosure it is not too late to try and sell your home as a short sale. A short sale is an emotional transaction and I can help you take the stress out of losing your home to foreclosure. Call me today for a confidential consultation.
Important Disclosure: RE/MAX Alliance is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating. RE/MAX Alliance is not engaged in the practice of law nor gives legal or tax advice. It is strongly recommended that you seek appropriate professional legal counsel and tax advice for any real estate transaction.
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