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Understanding the general direction of the current market conditions of New Haven homes for sale and sold  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.

The Numbers Month to Month and Year to Year for New Haven CT Housing Prices June 2016

new haven real estate homes for sale and sold report june 2016The average sales price for New Haven Homes for Sale was $318,955 in June 2016 compared to $224,814 during May 2016 and $236,790 for June 2015.

The median sales price for New Haven Homes for Sale was $269,900 in June 2016 compared to $165,000 during May 2016 and $179,000 for June 2015.

43 homes sold in New Haven during the month of June which is 20 more than the 23 that sold in May 2016 and 1 more than sold in June 2015.

For the month of June 29 new listings hit the market.  There are 26 New Haven Homes for Sale that went under contract in June 2016 which represents 19.3% of the overall available inventory of 135 homes. 

See the infographic below for more data on this month’s New Haven CT Housing Prices June 2016 report.

new haven ct housing prices june 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 June 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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