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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 198 homes for sale in Guilford ranging in price from $199,000 to $6,750,000.
In the month of May 2009 there were 19 homes that closed which is a decrease of 4 homes as there were 23 homes that closed in May 2008.
The average sales prices of the homes sold in May 2009 was $449,716 versus $521,643 for those sold in May 2008.
The averages days on the market for May 2009 was 126.
The average days on the market for May 2008 was 104.
Median sales price for May 2009 was $445,000 with an average 85 days on the market.
Median sales price for May 2008 was $460,000 with av average 8 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 - May 2008 there were 75 homes sold with an average sales price of $551,166, a median sales price of $452,500 and an average days on market of 113 days.
For the period of January - May 2009 there were 66 home sold with an average sales price of $432,792, a median sales price of $407,500 and an average days on market of 92 days.
The average sale price to list price ratio for January - May 2008 was 93% and for January - May 2009 was 92%.
In reviewing this comparison of year to year market data, there has been a significant decrease in the average sales price and average median sales price indicating a continued weakness in the real estate market. The number of homes sold went down moderately year over year and average days on market has been decreasing. The average days on market for homes sold this year has seen a slight decline from the previous year.
The data for the Guilford CT real estate market report for May 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
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.
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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.
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.
Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Guilford CT Real Estate - Guilford CT Market Report May 2009*
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Everyone wants to know how the real estate market is doing. If you watch the nightly news you might think that homes sell for half of what they did two years ago, that half of all homes are on the market and no one is buying them. Well, that is not the case. We have been fairly fortunate in Connecticut since our real estate market has come down in price much less than other areas, and the inventory levels are not as high as other areas.
Here in Guilford there are currently 197 single family homes on the market. That is up slightly than in years past, but not a huge increase. Of those homes currently for sale, the median asking price is $575,000. Of course that is just part of the story.
Looking forward, we currently have 40 single family homes under contract in Guilford. You will never hear the nightly news point out something like this - 17% of the homes for sale in Guilford are under contract to be purchased! That's not too bad at all. Of those homes under contract 17 still have contingencies to be met. The median asking price of the homes under contract is $469,950.
Spring is off to a pretty good start.
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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 174 homes for sale in Guilford ranging in price from $205,000 to $6,750,000.
In the month of February 2009 there were fourteen homes that closed which is an increase of three homes as there were eleven homes that closed in February 2008.
The average sales prices of the homes sold in February 2009 was $422,914 versus $703,127 for those sold in February 2008.
Median sales price for February 2009 was $397,450 with an average 108 days on the market.
Median sales price for February 2008 was $662,500 with av average 124 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.

The following charts are an overview of the market statistics in Guilford CT between January -December 2007 and January -Decmeber 2008.

For the period of January - December 2007 there were 274 homes sold with an average sales price of $599,070, a median sales price of $452,750 and an average days on market of 78 days.
For the period of January - Decmeber 2008 there were 205 home sold with an average sales price of $559,137, a median sales price of $408,000 and an average days on market of 102 days.

The average list to sale price ratio for January - December 2007 was 95% and for January - December 2008 was 94%.

The average days on market for January -December 2007 was 78 days and for January - December 2008 it was 105 days.
In reviewing this comparison of year to year market data, there has been a significant decrease in the average sales price and average median sales price indicating a continued weakness in the real estate market. The number of homes sold went down considerably year over year while the average days on market has been rising. The average list price to sales price year to year has remained relatively flat.
The data for the Guilford CT real estate market report for February 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
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.
********************************************************************************************
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 plenty of great buys in today's market and now is one of the best times to buy 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.
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.
Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Guilford CT Real Estate - Guilford CT Market Report for February 2009*
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Guilford CT was first settled in 1639. This beautiful Long Island shoreline town situated south of the Boston Post Road is a combination residential and summer community bordered by the towns of Branford, Madison, North Branford and Durham.
From the enormous and picturesque center Green to the bordering streets that boast the third largest collection of historic home from the 17th, 18th and 19th centuries, Guilford represents New England at its best.

Surrounding the Guilford Green are four churches, stores, boutiques, art gallleries and fine dining establishments. The Henry Whitfield State Museum, Thomas Griswold House, Dudley Farm and Hyland House are four of the historic home museums that are also nearby.
There are also many fine new homes in family neighborhoods to choose from as well as rural North Guilford which attracts many people who crave country living.
The popular Handicrafts Fair is held on the Green yearly as well as the annual Christmas Tree Lighting, The Little Folks Fair and a series of summer concerts. The Guilford Agricultural Fair has been held yearly for over 125 years.

The community center hosts many interesting classes and clubs as well as a comprehensive children's program featuring summer camps and field trips. Senior citizen programs run daily and also feature wonderful trips.

Traveling south from the Green down Whitfield Street towards Guilford Harbor is the Guilford Yacht Club and The Len Hubbard Town Marina featuring boat slips and a launching ramp for motor boats, sailboats and kayaks.

Enjoy some of the most delicious seafood dining at Guilford Mooring or the The Stone House Restaurant while savoring the sights and sound of the harbor.
Going west from the Green to Water Street also known as Route 146 is where you can enjoy a year round 12-mile scenic tour along Long Island Sound that runs between Guilford and Branford that includes Sachem's Head, Chaffinch Island as well as the Westwoods Trail hiking area featuring many miles of woodland trails.

A few miles north of the Green you can find fresh water boating, swimming and fishing at the 98.7 acre Lake Quonnipaug on Route 77 in North Guilford.
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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 plenty of great buys in today's market and now is one of the best times to buy while interest rates remain low. Sign up today to get access the hottest new listings here Guilford CT homes and condos.
To keep up to date on 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.
Disclaimer: All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.
Copyright © 2009 by Donna Bigda, All Rights Reserved ...*Guilford CT - New England At It's Best! *
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Looking for a William Raveis Real Estate Professional covering the Town of Guilford?
Dan and Sandra Cummings are based out of the Guilford office. As lifelong residents of New Haven County they have invaluable knowledge of the area and are happy to share their market knowledge with local home sellers or provide tours for relocating clients.
You can learn more about Sandra Cummings by reading her stories on The Shoreline Blogger or just Google Sandra Cummings Realtor to find one of her many sites.
Dan has become an avid runner in the area and may be spotted at any number of local 5k events. He also spends weekend mornings running with the Leukemia & Lymphoma Society's Team in Training or lending a hand with the New Haven Runners. Of course running is just a hobby so he is always available to discuss Real Estate, just google Dan the Running Realtor.
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