Milford Connecticut Real Estate Market Report for April 2008

    
Milford
Connecticut Real Estate Market Report for April 2008 

There are currently 305 Homes on the market in Milford Connecticut (5/16/08)

 In April of 2008 there were 34 homes that closed within the month for Milford CT This is a decrease of 1 units as there were 35 homes that closed in April of 2007.

The Average list price for the homes that closed in Milford for April of 2008 was $365,099

The Average list price for the homes that closed in Milford for April of 2007 was $555,140

The Average sale price for the homes that closed in Milford for April of 2008 was $350,376

The Average sale price for the homes that closed in Milford for April of 2007 was $521,009

The Average Market time for the homes that closed in Milford April of 2008 was 80 days.

The Average Market time for the homes that closed in Milford April of 2007 was 100 days.

17 homes went under deposit in Milford CT in the month of April. The average list price of the homes that went under deposit was $362,365. The average time on the market for these Milford CT homes were 80 days.

January – April Market Statistics for  Milford CT

In Milford CT for the period of January to April of 2008 there were 96 properties sold.

In Milford CT for the period of January to April 2007 there were 130 properties sold.

In Milford CT for the period of January to April in 2008 the average list price was $364,420 the average sale price was $349,372 and the average market time was 85 days.

In Milford CT for the period of January to April in 2007 the average list price was $479,215 the average sale price was $455,952 and the average time on the market was 78 days.

** The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Milford CT

This represents a 23% decrease in the average sale price between 2007 and 2008

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