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January 2019 Market Update for Milford, CT

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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: Milford, CT
Single Family, January 2019

Homes Sold % Change New Listings % Change Med Sold Price % Change Avg Sold Price
January 2019 28 -48.1%
55 10.0%
$290,500 -9.6%
$304,659
Jan 2018 54 50 $321,250 $336,397
Year-To-Date 2019 28 -48.1%
55 10.0%
$290,500 -9.6%
$304,659
Year-To-Date 2018 54 50 $321,250 $336,397

Total Homes Sold
January 2019
28

 

-48.1%
(54) from Jan 2018
Median Sold Price
January 2019
$290,500

 

Average Sold Price
January 2019
$304,659
Total Monthly Inventory
All Listing Types, January 2019
284 Total Units

213
Single Family Homes

47
Condos/Co-ops

11
Multi-Family Homes

13
Land/Lots

Average Days on Market
January 2019
77 Days

 

Average Price per SqFt
January 2019
$184
Year-to-Date Homes Sold
January – January 2019
28

 

-48.1%

(54) from YTD 2018

New Listings
January 2019
55

 

10.0%

(50) from Jan 2018

Percentage of Asking Price
January 2019
97%
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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