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New Haven CT Housing Prices February 2016

Understanding the general direction of the current market conditions for housing prices in New Haven is of vital importance to both buyers and sellers to help you make a more informed decision when buying or selling a home in New Haven.

The median sales price for New Haven CT housing prices was $128,900 in February 2016 compared to $160,950 during the previous month January 2016 and $186,000 for February 2015.

The average sales price for New Haven CT housing prices was $151,700 in February 2016 compared to $180,848 during January 2016 and $177,708 for February 2015.

The housing prices in New Haven for homes that went under contract in February 2016 is 19 which represents approximately 13.4% of the overall available inventory of 142 single family homes.

See the infographic below for more data on this month’s report.

New Haven CT Housing Prices February 2016

There can be a lot of fluctuation in what a home is listed for and what it ultimately sells for. To make sure you don’t overpay for your home, you’ll want to have an agent that does a thorough market analysis of the home on which you are making an offer.  If you’re considering selling now or in the near future it’s important to get a New Haven home valuation to determine what the value of your home is in today’s real estate market. 

If you are considering buying a home in New Haven there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

Whether you’re considering buying or selling it’s important to understand that pricing trends can vary from neighborhood to neighborhood.

Call Jamie at 917-705-5675 if you’re interested in knowing what your New Haven home is worth in today’s real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.

The data for New Haven CT Housing prices February 2016 is for the referenced month and based on statistics provided from CTMLS for single family homes.  All information is deemed reliable but not guaranteed. (private sales are not included)

 

 

 

 

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