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The Running Realtor's Home Sales Report - February 2009

Home sales in my primary market along the Connecticut Shoreline have continued to slide. Winter has been harsh giving us double the average annual snowfall and the media is filling the airwaves with negative reports of gloomy conditions.

People constantly hear of the skyrocketing foreclosures rate and buyers seem reluctant to purchase homes. A report today by TransUnion puts the Mortgage Loan Delinquency Rates in perspective. Nationally the mortgages that are 60 days or more past due stands at 4.58%, a higher number then past years but not huge since over 95% of the people are keeping up with their payments.

If you are considering purchasing a home and plan to be there for a number of years this may be the best opportunity in ages. Prices have come down and rates are still low, first time home buyers have the added incentive of the Stimulus Plan.

Asking Price Sale Price Address Beds Baths Town / State / Zip
.
375,000 336,000 108 Burban Drive 3 1.0 Branford, CT 06405
319,000 290,000 350 Clark Avenue 3 2.0 Branford, CT 06405
699,900 650,000 10 Gaylea Drive 3 2.0 Branford, CT 06405
442,000 410,000 9 Hunting Ridge Farms 3 2.1 Branford, CT 06405
774,000 717,000 67 Linden Avenue 4 3.1 Branford, CT 06405
239,900 225,000 1 Marion Road 3 2.0 Branford, CT 06405
.
739,000 739,000 #2 - Bill Rodgers Drive 5 3.0 Guilford, CT 06437
549,000 519,000 95 Dromara Road 4 3.0 Guilford, CT 06437
154,900 154,900 62 Half Mile Road 2 1.0 Guilford, CT 06437
399,000 390,000 30 Hart Road 3 2.1 Guilford, CT 06437
749,900 500,000 982 Leetes Island Road 1 1.1 Guilford, CT 06437
589,900 570,000 67 Mustang Drive 4 3.0 Guilford, CT 06437
399,900 395,000 70 Old Pent Road 3 2.1 Guilford, CT 06437
365,000 350,000 54 Shaker Court 4 3.0 Guilford, CT 06437
164,900 150,000 214 Shore Drive 2 1.0 Guilford, CT 06437
369,000 355,500 81 Sylvan Hills Road 3 1.1 Guilford, CT 06437
675,000 575,000 480 Three Corners Road 3 3.0 Guilford, CT 06437
409,900 382,500 57 White Birch Drive 2 2.1 Guilford, CT 06437
499,900 440,000 564 White Birch Drive 4 3.0 Guilford, CT 06437
.
349,900 322,500 453 Durham Road 4 2.1 Madison, CT 06443
299,900 250,000 69 Garnet Park Road 2 1.0 Madison, CT 06443
224,000 211,000 18 Madrina Lane 2 1.0 Madison, CT 06443
699,000 600,000 9 Neptune Avenue 2 1.1 Madison, CT 06443
520,000 476,500 11 Nursery Lane 3 2.1 Madison, CT 06443
890,000 890,000 17 Rockledge Drive 5 4.1 Madison, CT 06443
340,000 310,000 44 Winding Road 4 2.0 Madison, CT 06443
.
336,000 321,000 24 Meadow Road 3 2.0 N Branford, CT 06471
.
286,000 263,000 75 Bayard Avenue 3 1.1 North Haven, CT 06473
259,000 255,000 1040 Hartford Turnpike 2 1.1 North Haven, CT 06473
349,900 310,000 15 Kent Drive 4 3.0 North Haven, CT 06473

If you are thinking of selling and curious about the value of your home click the house on the right to request a Free No Obligation Market Analysis of the property. With today's on-line  databases I can give you a fairly good idea of the market price without even touring the house.

Anyone ready to undertake the adventures of searching for property in New Haven County can contact Dan Cummings - The Running Realtor via email or call my 24 hour access line : 203-672-2455

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Posted Wednesday Mar 04