Market Report for Branford, CT

 

Betsy AndersonWelcome 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: Branford, CT

Single Family, February 2016

 

Total Homes Sold

February 2016

18

 

 38.5% (13) from Feb 2015

Median Sold Price

February
2016

$310,000

 

Average Sold Price

February
2016

$422,528

Total Monthly Inventory

All
Listing Types, February 2016

299
Total Units

170

Single Family Homes

95

Condos/Co-ops

8

Multi-Family Homes

26

Land/Lots

Average Days on Market

February
2016

101 Days

 

Average Price per SqFt

February
2016

$193

Year-to-Date Homes Sold

January – February 2016

30

 

 15.4% (26) from YTD 2015

New Listings

February 2016

32

 

 23.1% (26) from Feb 2015

Percentage of Asking Price

February 2016

93%

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.