East Haven Homes For Sale - East Haven Real Estate Market October 2009
Understanding the general direction of the current East Haven CT real estate market condition 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 East Haven.
There are currently 128 homes for sale in East Haven ranging in price from $110,500 to 1,000.000.
In the month of October 2009 there were 26 homes that closed which is an increase of 9 homes as they were 17 homes that closed in October 2008.
The average sales prices of the homes sold in October 2009 was $212,819 with an average 71 days on the market versus $205,824 for those sold in October 2008 with an average 65 days on the market.
The median sales price for October 2009 was $188,000.
The median sales price for October 2008 was $177,000.
Below is a summary of the East Haven CT real estate market that provides a more in depth view of market conditions over the past twelve months.
For the period of January-October 2008 there were 160 homes sold with an average list price of $235,354, an average sales price of 224,754 and a median sales price of $219,950.
For the period of January-September 2009 there were 189 homes sold with an average list price of $205,138, an average sales price of $194,433 and a median sales price of $190,000.
The average sold price to list price ratio for January-October 2008 was 95.51% and for January-October 2009 was 95%.
The average days on market for January-October 2008 was 83 days and for January-October 2009 it was 82 days.
In reviewing this comparison of year to year market data for East Haven CT there has been a considerable increase in the number of homes sold. While there has been a significant decrease in the average sales price the months supply of inventory is going down, buying activity is up indicating signs of some stability in the East Haven real estate market. . The average days on market for homes sold this year has remained relatively flat from the previous year.
The data for the East Haven CT real estate market report for October 2009 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).
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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 and the rest of shoreline area in New Haven County Connecticut.
If you're considering selling your East Haven 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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