East Haven Homes For Sale - East Haven Real Estate Market Report July 2009

East Haven Homes For Sale - East Haven Real Estate Market Report July 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 133 homes for sale in East Haven ranging in price from $75,900 to 1,089.000.

In the month of July 2009 there were 25 homes that closed. This is an increase of 10 homes as there were 15 homes that closed in July 2008.

The average sales prices of the homes sold in July 2009 was $199,256 with an average 83 days on the market versus $241,453 for those sold in July 2008 with an average 78 days on the market.

The median sales price for July 2009 was $200,000.

The median sales price for July 2008 was $255,000.

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-July 2008 there were 109 homes sold with an average sales price of $230,709 and a median sales price of $222,000.

For the period of January-July 2009 there were 119 homes sold with an average sales price of $194,236 and a median sales price of $189,000.

The average sold price to list price ratio for January-July 2008 was 95% and for January-July 2009 was 94%.

The average days on market for January-July 2008 was 89 days and for January-July 2009 it was 90 days.

In reviewing this comparison of year to year market data for East Haven CT there has been a moderate increase in the number of homes sold. There has been a considerable decrease in the average sales price indicating a continued weakness in the 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 July 2009 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).

Click here for previous East Haven CT 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 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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