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Madison CT Homes - Madison Real Estate Market Report October 2009

Understanding the general direction of the current Madison 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 Madison.

There are currently 200 Madison CT homes for sale ranging in price from $79,900 for a seasonal cottage to $6,950,000 for a direct waterfront estate. In the month of October 2009 there were 16 homes that closed which is an decrease of 4 home as there were 20 Madison CT homes that closed in October 2008.

The average sales prices of Madison CT homes sold in October 2009 was $587,888 with an average 112 days on the market versus $502,360 for those sold in October 2008 with an average 104 days on the market.

The median sales price for October 2009 was $355,000.

The median sales price for October 2008 was $335,000.

Below is a summary of the Madison real estate market that provides a more in depth view of market conditions over the past twelve months.

For the period of January-Octoberr 2008 there were 156 Madison CT homes sold withan average list price of $647,651, an average sales price of $607.777 and a median sales price of 462,500.

For the period of January-October 2009 there were 150 Madison CT homes sold with an average list price of $596,576 an average sales price of $552,095 and a median sales price of $448,750.

The average sale price to list price ratio for January-October 2008 was 94.59% and for January-October 2009 was 93.88%.

The average days on market for January-October 2008 was 105 days and for January-October 2009 it was 113 days.

In reviewing this comparison of year to year market data for Madison real estate there has been a very slight decrease in the number of homes sold. There has been a considerable decrease in the average sales price and the months supply of inventory is still very high. The average days on market for homes sold this year has increased from the previous year.

The data for the October 2009 real estate market report for Madison CT homes is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes). ****************************************************************************************

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, Milford, West Haven and the rest of shoreline area in New Haven County Connecticut.

If you're considering selling your Madison 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.

If you're thinking of buying a home in Madison see Madison CT real estate or sign up today to get access the hottest new listings here Madison CT Homes.

Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Madison CT Homes - Madison Real Estate Market Report October 2009*

A blonde made several attempts to sell her old car. She was having a lot of problems finding a buyer because the car had 340,000 miles on it. She discussed her problem with a brunette that she worked with at a bar.


The brunette suggested, "There may be a chance to sell that car easier, but it's not going to be legal."


"That doesn't matter at all," replied the blonde. "All that matters it that I am able to sell this car."


"Alright," replied the brunette. In a quiet voice, she told the blonde: "Here is the address of a friend of mine. He owns a car repair shop around here. Tell him I sent you, and he will turn the counter back on your car to 40,000 miles. Then it shouldn't be a problem to sell your car."


The following weekend, the blonde took a trip to the mechanic on the brunette's advice.


About one month after that, the brunette saw the blonde and asked, "Did you sell your car?"


"No!" replied the blonde. "Why should I? It only has 40,000 miles on it."

☺

Matt

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This Saturday on the Green (25 Center Street, Prospect) in Prospect is the Bazaar at the Prospect Congregational Church.

This Saturday October 21st from 10am to 3pm.

The annual bazaar has many hand made crafts and baked goods. Admission is free and it is always a great event. Be sure to get out and support all the locals!

They will also be serving lunch from 11 until 1:30.

Be sure to stop up and get a jump start on your holiday shopping season.

North Haven CT Homes - North Haven Real Estate Market Report October 2009

Understanding the general direction of the current North Haven 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 Haven.

There are currently 111 North Haven CT homes for sale ranging in price from $174,900 to $1,295,000. In the month of October 2009 there were 21 homes that closed which is a increase of 6 homes as there were 15 North Haven CT homes that closed in October 2008.

The average sales prices of North Haven CT homes sold in October 2009 was $310.095 with an average 77 days on the market versus $348,260 for those sold in October 2008 with an average 77 days on the market.

The median sales price for October 2009 was $285,000.

The median sales price for October 2008 was $288,500.

Below is a summary of the North Haven 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 149 homes sold with an average list price of $326,931, an average sales price of $3313,385 and a median sales price of 285,000.

For the period of January-October 2009 there were 130 homes sold with an average list price of $319,673, an average sales price of $308,524 and a median sales price of $283.750.

The average sale price to list price ratio for January-October 2008 was 95.58% and for January-October 2009 was 96.75%.

The average days on market for January-Octoberr 2008 was 82 days and for January-Octoberr 2009 it was 73 days..

In reviewing this comparison of year to year market data for North Haven real estate there has been a considerable decrease in the number of homes sold. While the average sales price has decreased year over year the months supply of inventory is going down indicating signs of some stability in the North Haven real estate market. . The average days on market for homes sold this year has decreased from the previous year.

The data for the October 2009 real estate market report for North Haven CT homes is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

Click here for previous North Haven Connecticut 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 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.

If you're thinking of buying a home in North Haven see North Haven CT real estate or sign up today to get access the hottest new listings here North Haven CT Homes.

Copyright © 2009 by Donna Bigda, All Rights Reserved ...*North Haven CT Homes - North Haven Real Estate Market Report October 2009*