Woodbridge Connecticut Real Estate Market Report for August 2008
In August of 2008 there were 10 homes that closed within the month for Woodbridge CT. This is an increase of 1 home as there were 9 homes that closed in August of 2007.
The Average list price for the homes that closed in Woodbridge for August of 2008 was $494,181
The Average list price for the homes that closed in Woodbridge for August of 2007 was $630,888
The Average sale price for the homes that closed in Woodbridge for August of 2008 was $474,300
The Average sale price for the homes that closed in Woodbridge for August of 2007 was $599,377
The Average Market time for the homes that closed in Woodbridge in August of 2008 was 78 days.
The Average Market time for the homes that closed in Woodbridge August of 2007 was 103 days.
The average square foot for homes that closed in Woodbridge for August of 2008 was 2,418 and the average sold price per square foot was $199.19.
The average square foot for homes that closed in Woodbridge for August of 2007 was 2,806 and the average sold price per square foot was $221.88.
2 homes went under deposit in Woodbridge CT in the month of August 2008. The average list price of the homes that went under deposit was $654,950. The average time on the market for these Woodbridge CT homes were 61 days.
January – August Market Statistics for Woodbridge CT
In Woodbridge CT for the period of January to August of 2008 there were 51 properties sold.
In Woodbridge CT for the period of January to August 2007 there were 70 properties sold.
In Woodbridge CT for the period of January to August in 2008 the average list price was $601,437. The average sale price was $567,476 and the average market time was 97 days.
In Woodbridge CT for the period of January to August in 2007 the average list price was $637,828 the average sale price was $608,002 and the average time on the market was 85 days.
* The above statistics are for single family homes only and do not include condo’s or Multi-family homes in Woodbridge CT.
This represents a 5.7% decrease in the average sale price between 2007 and 2008
Filed under: Woodbridge CT
