Homes for Sale in New Haven by Price
Understanding the general direction of the current New Haven housing 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.
The Numbers Month to Month & Year to Year
New Haven Real Estate Market Report December 2016
According to data reported by the Connecticut Multiple Listing Service (CTMLS) the average median list price of New Haven houses listed during December was $$11,900 a 21.4% decrease from this time last year of $152,450.
This was due to the number of distressed properties that were put on the market.
The average median sold price for the month of December was $141,000 a decrease of 10.5% from last year of $157,500 and a 6.4% decrease over last month of $150,000..
Median Sales Price and Average Sales Price For 2016
CTMLS statistics shows that homes are selling faster once they hit the market.
In December of last year, most homes stayed on the market an average of 74 days. In December of this year, single-family homes had an average market time of 65 days.
Condos are selling at an a little slower pace. This year’s average market time for December is 93 days. This is a increase of 16.2% from last year’s 80 days on the market.
For the month of December the average median list price for condominiums and townhouses was $86,450 an increase of 1.8% over December 2015 of $84,900. The average median sold price for the month of December was $125,000 a decrease of 3.9% from this time last year of $130,000.
35 homes sold in New Haven during the month of December which is 7 more than the 28 that sold in November 2016 and 8 more than the 27 sold in December 2015.
In the month of December 33 new residential listings hit the market. There were 33 New Haven homes that went under contract in December 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 a New Haven real estate agent that does a thorough market analysis of the home on which you are making an offer. If you’re considering making a move now or in the near future it’s important to get an estimate of the value of your New Haven home to determine what your home may sell for in today’s real estate market.
If you are considering buying a home in New Haven, we are currently in what is considered a seller’s market with a 4-month inventory of homes to choose from.
Having a real estate agent who understands the New Haven real estate market is a must. Interest rates are still low so don’t wait too on the sidelines. Many homes, when priced correctly can 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 New Haven real estate needs.
The data for New Haven Real Estate Market Report December 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. (mobile homes & private sales are not included)
Closed Sales For Single Family Homes in New Haven for December 2016
|Close Price||Style||Bedrooms||Full Baths||Half Baths|
|617||Dixwell Ave||New Haven||$29,000||Colonial||2||2||0|
|553||Winthrop Ave||New Haven||$57,500||Colonial||3||1||0|
|72||Lawncrest Rd||New Haven||$65,000||Cape Cod||2||1||0|
|1120||Quinnipiac Ave||New Haven||$85,000||Colonial||2||1||0|
|81||Butler St||New Haven||$76,000||Colonial||3||1||0|
|473||Edgewood Ave||New Haven||$126,000||Victorian||5||2||1|
|200||Edgewood Ave||New Haven||$90,000||Colonial||3||1||1|
|95||Cranston St||New Haven||$123,000||Cape Cod||4||1||0|
|358||Fairfield St||New Haven||$115,000||Ranch||2||1||0|
|23||Norwood Rd||New Haven||$113,000||Cape Cod||3||1||0|
|41||W Hills Rd||New Haven||$90,000||Ranch||3||1||1|
|423||Edgewood Ave||New Haven||$117,500||Colonial||4||1||1|
|258||Hallock Ave||New Haven||$72,000||Colonial||3||1||0|
|1005||Quinnipiac Ave||New Haven||$120,000||Colonial||3||1||0|
|69||Harrington Ave||New Haven||$139,900||Cape Cod||3||1||0|
|184||Elaine Ter||New Haven||134000||Ranch||3||2||0|
|615||Fountain St||New Haven||$135,000||Ranch||3||1||0|
|34||Pierpont St||New Haven||$155,000||Colonial||3||2||0|
|78||Concord St||New Haven||$155,000||Cape Cod||3||2||0|
|14||Stuyvesant Ave||New Haven||$155,000||Cape Cod||3||1||0|
|15||Tolli Ter||New Haven||$165,000||Raised Ranch||3||1||1|
|143||Stuyvesant Ave||New Haven||$141,000||Cape Cod||4||2||0|
|360||Front Street||New Haven||$177,450||Colonial||3||1||1|
|121||Roydon Rd||New Haven||$184,000||Cape Cod||4||2||0|
|135||Marvelwood Dr||New Haven||$200,000||Colonial||3||1||1|
|18||Cart Rd||New Haven||225000||Raised Ranch||3||2||0|
|100||Edgewood Way||New Haven||$226,500||Cape Cod||3||2||1|
|267||Fort Hale Rd||New Haven||$245,000||Cape Cod||4||1||1|
|34||Burton St||New Haven||$250,000||Colonial||3||1||1|
|14||Mourning Dove Cir||New Haven||$252,000||Colonial||3||2||1|
|98||Nash St||New Haven||$265,000||Ranch||3||1||0|
|411||Edgewood Ave||New Haven||$281,000||Victorian||5||2||1|
|87||Woodbridge Ave||New Haven||$285,000||Colonial||3||1||1|
|240||Knollwood Dr||New Haven||$305,000||Cape Cod||4||2||1|
|593||Chapel Street||New Haven||$435,000||Colonial||2||2||0|
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