Guilford Homes Fors Sale - Guilford CT Real Estate Market Report July 2009

Guilford Homes Fors Sale - Guilford CT Real Estate Market Report July 2009

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 July 2009 there were 17 homes that closed which is a decrease of 1 home as there were 18 homes that closed in July 2008.

The average sales prices of the homes sold in July 2009 was $524,764 versus $463,088 for those sold in July 2008.

The averages days on the market for July 2009 was 97.

The average days on the market for July 2008 was 77.

Median sales price for July 2009 was $390,000.

Median sales price for July 2008 was $400,000.

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 - July 2008 there were 123 homes sold with an average sales price of $527,638, a median sales price of $427,000 and an average days on market of 110 days.

For the period of January - July 2009 there were 106 home sold with an average sales price of $464,583, a median sales price of $415,000 and an average days on market of 97 days.

The average sale price to list price ratio for January - July 2008 was 95.19% and for January - July 2009 was 92.19%.

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 July 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 $750,000

$750,000 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.

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