North Branford Homes For Sale - North Branford Real Estate Market Report September 2009
Understanding the general direction of the current North Branford 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 North Branford.
There are currently 28 North Branford homes for sale ranging in price from $188,000 to $796,000. In the month of September 2009 there were 6 homes that closed which is an increase of 2 homes as there were 4 homes that closed in September 2008.
The average sales prices of North Branford homes sold in September 2009 was $212,417 with an average 94 days on the market versus $277,375 for those sold in September 2008 with an average 63 days on the market.
The median sales price for September 2009 was $202,000.
The median sales price for September 2008 was $291,250.
Below is a summary of the North Branford real estate market that provides a more in depth view of market conditions over the past twelve months.

For the period of January-September 2008 there were 36 North Branford homes sold withan average list price of $316,781, an average sales price of $301,183 and a median sales price of 291,250.
For the period of January-September 2009 there were 42 North Branford homes sold with an average list price of $267,951, an average sales price of $252,633 and a median sales price of $234,000.
The average sale price to list price ratio for January-September 2008 was 94.56% and for January-September 2009 was 94.31%.
The average days on market for January-September 2008 was 109 days and for January-September 2009 it was 91 days.
In reviewing this comparison of year to year market data for North Branford real estate there has been a slight increase in the number of homes sold. While there has been a considerable decrease in the average sales price the months supply of inventory is going down indicating signs of some stability in the North Branford real estate market. . The average days on market for homes sold this year has decreased from the previous year.
The data for the September 2009 real estate market report for North Branford homes for sale is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
Click here for previous North Branford Connectiuct Market Reports
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Contact Donna Bigda, ABR, SRES, e-PRO, Realtor®, 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, North Branford, Hamden, North Haven and the rest of shoreline area in New Haven County Connecticut.
If you're considering selling your North Branford home, we'd be happy to provide you with a Pin-Point Price Analysis of your home which will help you determine what it might sell for in today's market.
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