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April Market Tracker for Madison

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Betsy Anderson

 

Welcome to Market Tracker, an exclusive report that informs you of residential real estate sales activity and regional trends. Please contact me if you would like more information on current market trends.

 

 

City: Madison, CT

Single Family, April 2016


 

Total Homes Sold

April 2016

23

 

 43.8%
(16) from Apr 2015

Median Sold Price

April 2016

$410,000

 

Average Sold Price

April 2016

$589,497

Total Monthly Inventory

All Listing Types, April 2016

336 Total Units

286

Single Family Homes

30

Condos/Co-ops

2

Multi-Family Homes

18

Land/Lots

Average Days on Market

April 2016

110 Days

 

Average Price per SqFt

April 2016

$234

Year-to-Date Homes Sold

January – April 2016

81

 

 32.8%
(61) from YTD 2015

New Listings

April 2016

75

 

 1.4%
(74) from Apr 2015

Percentage of Asking Price

April 2016

94%

Monthly Supply of Inventory


Absorption Rate

Homes for sale divided by number of homes sold


Homes Sold by Price Range


Homes Listed by Price Range


 

 

 

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The statistics presented in Market Tracker are compiled monthly based on figures and data generated by the Multiple Listing Service. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. Property and statistical data derived from from this information is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.

 

 

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