The Running Realtor: Connecticut Shoreline Year End Home Sale Prices

A blend of ramblings about Real Estate & Running around New Haven County and the Connecticut Shoreline

Connecticut Shoreline Year End Home Sale Prices

Single family home sale prices show mixed results for 2007.  Although the real estate market has not seen the gloom and doom that was widely speculated during the boom years it has been adjusting and the number of homes sold during the year dropped in most areas.  The shift in sales has been towards lower priced homes so the demand for upper level properties has cooled and as supply exceeded demand the price drifted lower.

The most affordable towns in my primary market remain North Haven & North Branford where prices have been fairly stable in the low $300's for the last three years.  The median sales price in the Shoreline town of Branford continued to rise slightly in 2007 while the more expensive communities of Guilford and Madison saw a 5% decrease in the median price to the low $500's.   

 

chart median home prices

 

If you are interested in Buying or Selling a home in New Haven County let me know and I will happily explain the real estate market so you can decide if current conditions make it the right time for you to make a move. You can contact Dan@CummingsTeam.com or call my 24 hour access line : 203-672-2455

 

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Comment balloon 8 commentsNo Longer Active • January 02 2008 03:42PM

Comments

Dan, I wanted to be the first to comment.  Very cool chart!  I won't even ask how you made it, because it looks too complicated. 

Posted by Judy Greenberg, Coldwell Banker - Buffalo Grove - Long Grove Homes (Coldwell Banker Long Grove) over 10 years ago
Judy... It took a little fiddling with Excel but I thought it was a neat way to present the data. 
Posted by No Longer Active (Real Estate) over 10 years ago
Dan great job on the graph!!!!!!
Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 10 years ago
Dan - Great presentation.  Yes the market did adjust but was better than predicted.  Here is hoping we will have a wonderful year.
Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) over 10 years ago
Whoa! Now that is an impressive chart!
Posted by Lisa Hill, Daytona Beach Real Estate (Florida Property Experts) over 10 years ago
Ditto the other comments.  Love the cool graph.  How did you do that?
Posted by Ginger Wilcox (Sindeo) over 10 years ago
Hey Dan, Very impressive looking chart and I like the short post. I don't glaze over.  Now when are you going to teach us double Gingers how to do that?
Posted by Ginger Sala, Wilmington NC Real Estate & Relocation~ (Wilkinson & Associates, Wilmington NC) over 10 years ago

Everyone always likes the 3D presentations...  Thanks for stopping to visit.

The Double Gingers will find it's a standard layout in Excel.  Since I've only done one I'm not well versed enough to explain the detailed instructions yet. 

Posted by No Longer Active (Real Estate) over 10 years ago

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