Donna Springer

Listed below is a summary of home sales activity for September 2008

MILFORD

September 2007 versus September 2008

The highest listing in Milford in September 2008 was 76 Point Lookout - a 7000 sq.ft. Colonial built in 2008 with 13 Rooms, 5 Bedrooms and 5.1 Baths. This home is located in prime area with water views .

The highest priced home sold in September was 98 Old Field which was listed in February 2008 for $1,275,000 ,repositioned on May 30th to $1,199,900; on deposit on July 26^th and closed for $1,115,000 on September 17^th bringing its total Days on Market to 159.

DOM (Days on Market) has seen a slight increase- from an average of 77 Days in September 2007 to an average of 78 days in 2008.

The Average Sale Price in September 2008 has come down approximately< 1%from this time last year while the number of homes has seen a slight increase.

The Average Listing Price in May 2008 has come down approximately 7.2% since this time last year.

According to THE COMMERCIAL RECORD: Milford has seen a 32.79 %drop in the number of sales but no change in the Median Sales Price as compared to 2007

There is currently 6 months of inventory on the market based on the current absorption rate

Milford, Connecticut home sales remaining steady due in part to the wide range of homes and their affordability.

Milford, CT offers a wide range of homes both in price and style making it a very desirable area due to proximity to the shoreline and a variety of commuter options.

*This information was based on data obtained from CTMLS.

REAL ESTATE MARKET REPORT FOR WOODBRIDGE,CONNECTICUT

June 2007 v.s. June 2008

In June 2008, the highest priced home listed in Woodbridge, CT was 155 Rimmon Road, an updated cape originally built in 1966 with 6434 sq.ft, 13 Rooms, 4 Bedrooms and 4.2 Baths. This home was listed for $1,129,900

The highest sale in June 2008 was for 12 Tallwood, a 4431 sq.ft. Colonial originally built in 1940 with 12 Rooms, 5 Bedrooms and 3.2 Baths. This home was listed for $1,799,-000 and sold for $1,400,000 after 330 Days on the Market.

There are currently 84 homes for sale in Woodbridge, Connecticut.

DOM in June 2007 for a home in Woodbridge, CT averaged 24 days. In 2008, homes are averaging 51 Days on Market. ↑

The average list price for a home in Woodbridge has increased in May 2008 from May 2007 by approximately 7%. ↑

The average sale price for a home in Woodbridge has increased in May 2008 from this time last year by approximately 15.4% ↑

If you have any questions or would like any information, please contact me at Donna@CTHomeConsultant.com

Listed below is a summary of last month's home sales activity. I have also listed the activity for the same month last year to show where the markets are headed.

REAL ESTATE MARKET REPORT FOR MILFORD,CONNECTICUT

June 2007 v.s. June 2008

The highest listing in Milford, CT in June 2008 was for 130 Beach Ave in the Woodmont section of Milford. This is a 3618 sq.ft, 7 Room, 3Bedroom 2.1 Bath Colonial that was built in 2000. It is listed for $2,200,000..

The highest sold home in Milford for June 2008 was 159 Hillside Ave the Woodmont area. This was listed for $949,975 and reduced to $799,900. It sold in 93 days for $689,000 this is a 1920 Colonial with 1789 sq.ft, 6Room, 2 Bedrooms and 2 Baths. This was a foreclosure property requiring bank approval.

DOM (Days on Market) has increased from an average of 59 Days in June 2007 to an average of 81 days in June 2008. ↑

The average sale price in June 2008 has come down approximately 9.2 % in June 2008 compared to June 2007. ↓

The average listing price in June 2008 has come down approximately less than 1%
(.99% ) compared to June 2007. ─

Currently, there are 327 active listings available in Milford, Connecticut. As with most towns due to the large inventory, Milford is a buyer's market. Milford, CT offers a wide range of homes both in price and style making it a very desirable area due to proximity to the shoreline and a variety of commuter options.

If you would like more information or if you have any questions, please contact me @ donna@CTHomeConsultant.com

I know we are all feeling our blood pressure rise each time we grip the gas pump and fill up So what can you do to make the most of the summer in Milford, CT and keep the whole family active and happy??

Besides enjoying the beauty of Milford beaches there are a number of great events going on throughout the summer that will give you plenty of summer fun and not drain your car's gas tank.

Enjoy classes offered through Milford Coastal Audoban such as kayaking and canoeing. They even offer a wide variety of summer camps for kids.

In addition, growing interest in Milford's walking and biking trails has lead to a new and improved website and guide book that is downloadable from the Environmental Concerns Coalition in Milford. Here you can also find out about Milford's many local farm markets and savor the rich tastes of local produce.

If you want something in a more artistic vein, Milford offers a variety of artist's exhibits and competitions, such as the annual Sand Castle Contest during the Walnut Beach Arts Festival on August 3.

For a great family day, be sure to circle July 26 on your calendar and take part in Woodmont Day . There will be a children's parade at the festival with a Woodmont Olympics theme. Afterwards, be sure to stick around and enjoy the free concert that evening under star lit skies overlooking Long Island Sound.

Looking to kick your heels up this summer?? Tango classes are being offered through the Milford Fine Arts Council as well as a variety of music classes. Want to just sit back? You can listen to local musicians perform classical guitar or mellow out to jazz.

Then there is Milford's annual Oyster Festival , which is held the third Saturday in August and offers a great venue to enjoy summertime food favorites and great music. If lobster is more of your thing, you can try Milford, CT Rotary's annual lobster bake on July 26.

But of course, what would summer be without ice cream! Be sure to visit Scooby Doos located downtown by the harbor or my personal favorite Cone Zone on the Boston Post Road.

So, hopefully, I have given you some ideas that will help you make the most of this summer while enjoying all Milford has to offer.

Listed below is a summary of last month's home sales activity. I have also listed the activity for the same month last year to show where the markets are headed. If you need any additional information, or have any questions, feel free to contact me.

MILFORD

April 2007 v.s. April 2008

The highest listing in Milford, CT in April 2008 was for a 5170 Sq. ft., contemporary on 48 Point Lookout with 10 Rooms, 5 Bedrooms and 4 Baths. This home was listed at $2,750,000.

The highest sold home in Milford for April 2008 was for 20 James Street. This home was built in 2005 and features 3300 sq.ft with 8 Rooms, 4 Bedrooms, 2 Baths. It was listed for $639,000 and sold for $615,000. This home was on the market 23 days.

DOM (Days on Market) has come down. April 2008 the avg. DOM was 82 as compared to this time last year which was 97 DOM

Currently, Milford is a buyer's market offering a wide range of homes both in price and style. Milford is a very desirable area due to the shoreline and commuter options. Home prices in Milford make it an affordable option for Fairfield County buyers.

If you have any questions or would like more information, feel free to contact me at donna@CTHomeConsultant.com or visit my website www.CTHomeConsultant.com