Guilford Homes For Sale - Guilford CT Real Estate Market Report October 2009
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 currently 192 homes for sale in Guilford ranging in price from $179,000 to $5,850,000.
In the month of Octgober 2009 there were 19 homes that closed which is a increase of 8 home as there were 11 homes that closed in October 2008.
The average sales prices of the homes sold in October 2009 was $351,259 versus $467,900 for those sold in October 2008.
The averages days on the market for October 2009 was 55.
The average days on the market for October 2008 was 102.
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.
For the period of January - October 2008 there were 183 homes sold with an average list price of $607,551, an average sales price of $578,727, a median sales price of $418,500 and an average days on market of 103 days.
For the period of January - October 2009 there were 160 home sold with an average list price of $487,187 an average sales price of $451,616, a median sales price of $390,000 and an average days on market of 97 days.
The average sale price to list price ratio for January - Octoberr 2008 was 95% and for January - October 2009 was 93.48%.
In reviewing this comparison of year to year market data for Guilford CT there has been a significant decrease in the average sales price. The number of homes sold has seen a considerable decrease in the year over year and average days on market has decreased.
The data for the Guilford 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).
Click here for previous Gulford Connectiuct Market Reports
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 thinking about buying a home in Guilford CT there are many great buys in today's market while interest rates remain low. For more information on Guilford CT real estate homes or condos, see Guilford CT real estate or sign up today to get access the hottest new listings here Guilford CT homes and condos.
If you're considering selling your Guilford 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.
Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Guilford Homes For Sale - Guilford CT Real Estate Market Report October 2009*