Guilford CT Real Estate Market Report June 2009- Guilford CT 06437

Guilford CT Real Estate Market Report June 2009- Guilford CT 06437

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 205 homes for sale in Guilford ranging in price from $199,000 to $6,750,000.

In the month of June 2009 there were 23 homes that closed which is a decrease of 8 homes as there were 31 homes that closed in June 2008.

The average sales prices of the homes sold in June 2009 was $527,831 versus $523,035 for those sold in June 2008.

The averages days on the market for June 2009 was 99.

The average days on the market for June 2008 was 106.

Median sales price for June 2009 was $447,500 with an average 54 days on the market.

Median sales price for June 2008 was $400,000 with av average 78 days on the market.

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 - June 2008 there were 105 homes sold with an average sales price of $542,939 a median sales price of $392,500 and an average days on market of 115 days.

For the period of January - June 2009 there were 89 home sold with an average sales price of $459,175, a median sales price of $429,900 and an average days on market of 97 days.

In reviewing this comparison of year to year market data, there has been a significant decrease in the average sales price and a moderate decrease in the median sales price indicating we are still experiencing a continued weakness in the real estate market. The number of homes sold has seen a decrease in the year over year and average days on market has been decreasing.

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

Homes For Sale in Guilford CT by Price Range

$10,000 to $250,000

250,000 to $500,000

$500,000 to $700,000

$700,000 to $1,000,000

$1,000,000+

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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 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.

To keep up to date on the current state of the Guilford CT Real Estate Market & other information about Guilford CT, subscribe to my blog via email here or visit online at www.connecticutshorelineblog.com.

If email is your communication preference, email me at donna@donnabigda.com.

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