New Haven Homes for Sale and Sold Market Report November 2013
Understanding the general direction of the current New Haven Connecticut real estate market conditions 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 in New Haven.
There are currently159 homes for sale in New Haven ranging in price from $32.550 to $1,150,000.
In the month of November 2013 there were 30 homes that closed which is an increase of 7 homes as there were 23 homes that closed in November 2012.
The average sales prices of the New Haven Connecticut homes sold in November 2013 was $171,795 with an average 110 days on the market versus $154,587 for those sold in November 2012 with an average 109 days on the market.
The median sales price for November 2013 was $161,250.
The median sales price for November 2012 was 138,000.
For the month of November 16 homes went under contract in New Haven Connecticut. The average list price of the homes that went under contract was $164,656 with an average of 54days on the market.
Below is a summary of the New Haven CT real estate market that provides a more in depth view of market conditions over the past twelve months.
In reviewing this market data for the real estate market in New Haven has remained fairly stable over the past year and sales prices are beginning to trend upwards slightly. Please take into consideration that location, condition and pricing will have an impact the market trends in any given neighborhood. The inventory of short sales, foreclosure and bank owned sales however are still a factor that continue to influence the overall average sales price.
The chart above represents an overall broad spectrum of the New Haven real estate market. If you’re considering buying or selling it’s important to understand that pricing trends can vary from neighborhood to neighborhood.
The data for the New Haven Homes For Sale and soldmarket report November 2013 is based on statistics provided from the CTMLS (private sales are not included nor are mobile homes).