Hamden, CT

There is a spot on New Road that has been a favorite with locals for centuries. It's Clark's Pond, a calm oasis in a busy part of town. Today the Pond is bordered by Quinnipiac University. Its beauty offers students and town folk alike a respite from the quick pace of life. As you can see, the surrounding foliage is putting on its show for Fall. The colors should be at peak in about one week.

Visitors to our area of often struck by the variety of landscapes in town. The northern part of Hamden is rural and rugged. There are horse farms and large estates for those favoring privacy. Most of the town, however, is made up of neighborhoods which reflect the era in which they were constructed. We have neighborhoods built at the turn of the last century, which feature multi-family homes and houses with rich woodwork trim. There are the mid-century suburban prototype neighborhoods such as Spring Glen, with its three bedroom, one and one half bath colonials which were so innovative in their day. As the town has grown, subdivisions have come in, with each featuring larger and larger homes, peaking with the mini mansions of the last decade. There is something here for everyone, and a pleasant lifestyle to go along with it.

If you know someone transferring to the area to work at one of the universities or in the growing health care industry here, please let me know. I would be happy to help them relocate to our town.

Early Fall in Hamden is a magical time. Nature provides the perfect backdrop for our town. We all feel energized by the cool, crisp air. Trees are giving their first hints of the blaze of color that is to follow. (October 15th is peak leaf-peeping time in Hamden). Now is the time to visit the local farms for fresh apples and produce. Hamdenites can also take advantage of two weekly Farmers Markets. In my neighborhood of Whitneyville, there is a new "pocket park" overlooking Lake Whitney. This idyllic spot is sure to please anyone who visits our corner of town.

The spot was made possible by the design of a local architect, Kari Nordstrom working with Town Of Hamden Designer Vince Conte, and Sharron Mitchell. It is located on Lake Street, just behind Books & Company. Pedestrians can grab a cup of coffee and a book, then pick a spot on a bench in the park. The lake and pines provide a soothing and relaxing environment.

This project is an example of how communities can work with their local governments to create open spaces to benefit all. There isn't much land involved here, just a corner with a beautiful view. Hamden is an old town, by American standards, incorporated in 1786. It is fully developed with almost no land available for additional open space. Thanks to people with vision, this spot can become a cherished part of the neighborhood.

Hamden CT Homes - Hamden Real Estate Market Report August 2009

Understanding the general direction of the current Hamden 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 Hamden.

There are currently 203 Hamden CT homes for sale ranging in price from $26,000 to $1,495,000. In the month of August 2009 there were 44 homes that closed which is a decrease of 1 home as there were 45 Hamden CT homes that closed in August 2008.

The average sales prices of the Hamden CT homes sold in August 2009 was $241,583 with an average 78 days on the market versus $295,677 for those sold in August 2008 with an average 60 days on the market.

The median sales price for August 2009 was $227,500.

The median sales price for August 2008 was $272,500.

Below is a summary of the Hamden real estate market that provides a more in depth view of market conditions over the past twelve months.

For the period of January-August 2008 there were 336 Hamden CT homes sold withan average list price of $295,675, an average sales price of $283,131 and a median sales price of 260,000.

For the period of January-August 2009 there were 302 Hamden CT homes sold with an average list price of $256,242, an average sales price of $244,445 and a median sales price of $225,500.

The average sale price to list price ratio for January-August 2008 was 95.80% and for January-August 2009 was 95.27%.

The average days on market for January-August 2008 was 83 days and for January-August 2009 it was 78 days.

In reviewing this comparison of year to year market data for the Hamden real estate market there has been a significant decrease in the number of homes sold. While there has been a considerable decrease in the average sales price the months supply of inventory is going down indicating signs of some stability in the Hamden real estate market. . The average days on market for homes sold this year has decreased from the previous year.

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

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, North Branford, Hamden, North Haven and the rest of shoreline area in New Haven County Connecticut.

If you're considering selling your Hamden 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.

If you're thinking of buying a home in Hamden see Hamden real estate or sign up today to get access the hottest new listings here Hamden CT Homes,

Copyright © 2009 by Donna Bi.da, All Rights Reserved ...*Hamden CT Homes - Hamden Real Estate Market Report August 2009*

Let's face it folks, this has been a frustrating year in real estate. There are hints (stock market) and even signs of an improving economy, but the turn around seems so slow sometimes. We need job creation in Connecticut and a State Budget to work with. Despite all the delays, however, we seem to holding our own with the real estate market.

As we know, all real estate is local. What happens in Vegas, stays in Vegas. Here in Connecticut, and particularly in Hamden, our housing inventory is stable. Right now we have 251 active single family listings in our town of 62,000. Of these 39 are on "show status". We agents are so nervous about these contracts, that we don't put our houses "on deposit" status until the mortgage is just about approved. 291 homes have sold year to date versus 330 in 2008, down 9%. Interestingly, the ratio of Sale Price to Listing Price (SP/LP) has held steady at 95%. Homes that are properly priced and in selling condition are getting close to asking price.

.....which brings up to the topic of lending. We have buyers out there ready and willing to buy. The problem with getting them in their homes has more to do with slow lending, than a lack of qualifications. It seems to take forever to close these loans. I know money is flowing into the banking system, but it is pooling somewhere, rather than flowing out to the consumer. Once this happens, we are going to see real stabilization in the market. Speculation is all but over in the real estate market. Now we await a return to more traditional real estate and banking. In the meantime, I'll continue jogging around town.

EARTH DAY is just around the corner - April 22, 2009!

HERE ARE SOME LINKS TO EARTH DAY HISTORY/CELEBRATIONS/EVENTS.

Earth Day History http://earthday.envirolink.org/history.html

Earth Day TV Videos http://www.earthdaytv.net/

The Green Generation http://www.earthday.net/earthday2009

CT DEP 'Celebrate Earth Day' Events http://www.ct.gov/dep/cwp/view.asp?a=2688&q=322374&depNav_GID=1511

National Earth Day Events http://earthday.envirolink.org/calendar.html?special=yes&city=blank&state=blank&country=USA

How do you celebrate? Large or small, share your ideas for what we can do as individuals or as a community to make your neighborhood a greener place. Let us know any Earth Day events/activities in our area which we can post on our website.

And beyond Earth Day, what can we do every day in our home, neighborhood, town, state, nation, world?