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December 2008 Market Reports for New Haven County,CT

Listed below is a summary of last month's home sales activity for Milford, Woodbridge, Orange, Bethany and New Haven Connecticut versus this time last year. This information was obtained from CTMLS. Any information critical to the buying or selling process should be independently verified.

MILFORD

December 2007 versus December2008

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

20

$401,665

43

$405,960

78

2008

32

$374,775

27

$525,888

89

There are currently 237 homes on the market in Milford.
The absorption rate is apx. 9 months.

ORANGE

December 2007 v.s. December 2008

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

5

$497,360

5

$465,800

93

2008

3

$411,600

9

$376,711

108

There are currently 60 homes on the market in Orange
The current rate of absorption is 12.9 month

BETHANY

December 2007 versus December 2008

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

4

$483,475

3

$499,450

100

2008

2

$467,450

3

$503,333

194

There are currently 27 homes for sale in Bethany.

The current absorption rate is 16 months

WOODBRIDGE

December 2007 v.s. December 2008

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days on Market

2007

6

$464,750

11

$521,000

70

2008

2

$529,450

3

$421,333

54

There are currently 64 active listings in Woodbridge

The current absorption rate is 6.7 months

New Haven

December 2007 v.s. December 2008

New Listings

Avg List Price

No. Sold

Avg. Sales Price

Avg. Days On Market

2007

35

$205,427

33

$229,840

86

2008

32

$182,132

26

$199,167

54

There are currently 217 homes for sale in New Haven

Posted Sunday Jan 11