Branford CT Real Estate-Branford Homes Market Report-January-June 2011

Branford CT Real Estate-Branford Homes Market Report-January-November 2011

Understanding the general direction of the current Branford 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 Branford.

There are currently 165 Branford homes for sale ranging in price from $149,900 to $4,950,000.

During the months of January-June 2011 there were 59 homes that closed. This is a decrease of 5 home as there were 64 homes that closed during January-June 2010.

The average sales prices of the homes sold from January-June 2011 was $434.778 with an average 126 days on the market versus $352,152 for those sold from January-June 2010 with an average 107 days on the market.

The median sales price for January-June 2011 was $330,000.

The median sales price for January-June 2010 was $290,000.

Below is a summary of Branford homes for sale and the Branford CT real estate market that provides a more in depth view of market conditions over the past twelve months.

In reviewing this comparison of year to year market data for Branford CT there has been a slight decrease in the number of homes sold and an increase in the average sales price. The rise in the average sales price from last year to this year is due in part to the sale of four homes over $1 million. The average days on market for homes sold this year has increased from the previous year.

The data for the Branford homes market report for January-June 2011 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

View previous Branford CT Real Estate Market Reports

Contact Donna Bigda, CDPE, 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 Greater New Haven shoreline area.

If you would like more information about Branford real estate, the surrounding areas, the housing market in general, or help in your home search, please contact me by phone or text at (203) 645-7467. Would you like to have access to properties immediately to beat other buyers to your dream home? Sign up with no obligation at my ShorelineHomeFinder site.

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