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Branford Condos-Real Estate Market Report January-June 2011

Branford Condos-Real Estate Market Report January-June 2011

Branford Condos

Understanding the general direction of the current Branford condos real estate market is of vital importance to both sellers and buyers in order to help you make a more informed decision when buying or selling a condo in Branford CT.

There are currently 112 Branford condos for sale ranging in price from $84,000 to $1,900,000.

During the months of January-June 2011 there were 57 condos that closed which is a decrease of 17 condos as there were 74 condos that closed from January-June 2010..

The average sales prices of the Branford condos sold from January-June 2011 was $186,476 with an average 126 days on the market versus $197,659 for those sold from January-June 2010 with an average 111 days on the market.

Median sales price from January-June 2011 was $155,000.

Median sales price from January-June 2010 was $178,700.

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

Branford Condos Real Estate Market Report

In reviewing this comparison of year to year market data for the Branford condo real estate market there has been a decrease in the number of condos sold and a decrease in the average sales price.. The average days on market for condos sold this year increased moderately from the previous year. The Branford condo market offers a wonderful opportunity with a wide array of complexes and price ranges for qualifed buyers to buy right now.

The data for the Branford Condo real estate market report for January-June 2011 is based on statistics provided from the CTMLS (private sales are not included).

Click here for previous Branford Condos Market Reports

Written and Posted by:

Donna Bigda - REALTOR®

203-488-1641, x214

RE/MAX Alliance - Branford, CT 06405

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Call me to list your property for sale or to purchase a property in Branford, East Haven, Guilford, Madison, New Haven, North Branford and the Greater New Haven area.

Disclaimer: All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.

Copyright © 2010 by Donna Bigda, All Rights Reserved ...*Branford Condos-Real Estate Market Report January-June 2011*

Posted Wednesday Jul 13