The month of September was filled with gloom and doom from government officials who foolishly decided pumping 700 billion into Wall Street was the solution. The stock market continues to slide downward and big banks are bickering about who gets to take over the fallen financial institutions. With all that bull about it being nearly impossible to get credit I will pull a quote from the front page of today's New Haven Register, "But even against that backdrop, Connecticut-based banks are faring well and have money to lend".
Single family homes sales continue to be sluggish. September volume was down 20% from last year with 59 homes closing in my 5 primary towns. The lower priced communities on North Haven & North Branford actually saw in increase in the number of homes sold compared to last year while Branford, Guilford & Madison had less.
| Asking Price | Sale Price | Address | Beds | Baths | Town / State / Zip | ||||
| . | |||||||||
| 250,000 | 250,000 | 19 Barton Court | 3 | 1.1 | Branford, CT 06405 | ||||
| 350,000 | 361,000 | 23 Buena Vista Road | 2 | 1.0 | Branford, CT 06405 | ||||
| 199,900 | 170,000 | 40 Cherry Street | 3 | 2.0 | Branford, CT 06405 | ||||
| 395,000 | 350,000 | 10 Cocheco Avenue | 4 | 2.0 | Branford, CT 06405 | ||||
| 599,900 | 525,000 | 18 Dudley Avenue | 3 | 2.0 | Branford, CT 06405 | ||||
| 430,000 | 385,000 | 22 Grove Street | 3 | 2.0 | Branford, CT 06405 | ||||
| 379,000 | 379,000 | 12 Millwood Drive | 3 | 2.0 | Branford, CT 06405 | ||||
| 316,500 | 300,000 | 18 Oak Ridge Road | 3 | 2.0 | Branford, CT 06405 | ||||
| 354,000 | 354,000 | 12 Oakgate Drive | 4 | 1.2 | Branford, CT 06405 | ||||
| 359,900 | 347,500 | 10 Roby Court | 3 | 2.1 | Branford, CT 06405 | ||||
| 299,900 | 300,000 | 20 Sandra Drive | 3 | 2.0 | Branford, CT 06405 | ||||
| 1,295,000 | 910,000 | 81 Sunset Beach Road | 4 | 4.0 | Branford, CT 06405 | ||||
| 279,900 | 250,000 | 33 Todds Hill Road | 2 | 1.1 | Branford, CT 06405 | ||||
| . | |||||||||
| 13,750,000 | 11,900,000 | 173 Andrews Road | 6 | 6.2 | Guilford, CT 06437 | ||||
| 625,000 | 590,000 | 23 Cornwall Lane | 5 | 4.1 | Guilford, CT 06437 | ||||
| 314,900 | 310,000 | 315 Foxwood Road | 5 | 2.1 | Guilford, CT 06437 | ||||
| 382,500 | 340,000 | 10 Ives Place | 4 | 2.0 | Guilford, CT 06437 | ||||
| 310,000 | 300,000 | 1327 Little Meadow Rd. | 3 | 2.1 | Guilford, CT 06437 | ||||
| 419,000 | 384,000 | 34 North Madison Rd. | 3 | 3.1 | Guilford, CT 06437 | ||||
| 379,000 | 341,000 | 90 North Mill Circle | 2 | 2.0 | Guilford, CT 06437 | ||||
| 697,000 | 624,000 | 394 Northwood Drive | 5 | 4.0 | Guilford, CT 06437 | ||||
| 364,900 | 323,000 | 15 Point Arowhead Rd. | 3 | 2.1 | Guilford, CT 06437 | ||||
| 339,900 | 320,000 | 41 Preble Drive | 3 | 2.0 | Guilford, CT 06437 | ||||
| 358,900 | 349,900 | 106 Russet Drive | 3 | 2.0 | Guilford, CT 06437 | ||||
| 339,000 | 330,000 | 14 Stonewall Lane | 4 | 2.0 | Guilford, CT 06437 | ||||
| 255,000 | 250,000 | 270 Weatherly Trail | 1 | 1.1 | Guilford, CT 06437 | ||||
| 305,000 | 280,000 | 1535 West Street | 3 | 2.0 | Guilford, CT 06437 | ||||
| 585,900 | 600,418 | Lot 4 - White Birch Dr. | 4 | 2.1 | Guilford, CT 06437 | ||||
| 719,000 | 649,000 | 15 Wingate Road | 3 | 3.1 | Guilford, CT 06437 | ||||
| 360,000 | 330,000 | 71 Woodside Road | 5 | 2.1 | Guilford, CT 06437 | ||||
| . | |||||||||
| 1,295,000 | 1,200,000 | 27 Chestnut Hill Road | 5 | 5.1 | Madison, CT 06443 | ||||
| 412,500 | 381,000 | 141 Concord Drive | 4 | 3.0 | Madison, CT 06443 | ||||
| 319,000 | 282,500 | 53 Hickory Lane | 3 | 1.0 | Madison, CT 06443 | ||||
| 429,000 | 408,000 | 15 Hull Road | 4 | 2.1 | Madison, CT 06443 | ||||
| 924,999 | 840,000 | 9 Linden Lane | 3 | 2.1 | Madison, CT 06443 | ||||
| 286,000 | 286,000 | 22 Pardee Place | 3 | 1.1 | Madison, CT 06443 | ||||
| 649,000 | 632,000 | 34 Richborough Road | 4 | 2.1 | Madison, CT 06443 | ||||
| 275,000 | 280,000 | 78 Scenic Road | 4 | 2.0 | Madison, CT 06443 | ||||
| 750,000 | 695,000 | 47 West Wharf Road | 3 | 2.1 | Madison, CT 06443 | ||||
| . | |||||||||
| 384,900 | 375,000 | 14 Ashley Park Drive | 3 | 2.0 | N Branford, CT 06471 | ||||
| 340,000 | 330,000 | 11 Dogwood Road | 3 | 1.2 | N Branford, CT 06471 | ||||
| 159,900 | 152,000 | 22 Lake Road | 2 | 1.0 | N Branford, CT 06471 | ||||
| 339,000 | 310,000 | 148 Lanes Pond Road | 2 | 2.1 | Northford, CT 06472 | ||||
| 299,900 | 300,000 | 384 Village Street | 4 | 1.1 | Northford, CT 06472 | ||||
| 259,000 | 252,500 | 163 West Pond Road | 2 | 1.0 | N Branford, CT 06471 | ||||
| 334,900 | 300,000 | 197 White Hollow Road | 3 | 2.0 | Northford, CT 06472 | ||||
| 249,900 | 244,000 | 34 Woodland Drive | 3 | 2.0 | Northford, CT 06472 | ||||
| . | |||||||||
| 269,900 | 238,000 | 17 Ball Road | 3 | 1.1 | North Haven, CT 06473 | ||||
| 269,900 | 250,000 | 390 Clintonville Road | 2 | 1.0 | North Haven, CT 06473 | ||||
| 329,900 | 320,000 | 10 Fortune Drive | 3 | 1.1 | North Haven, CT 06473 | ||||
| 300,000 | 280,000 | 120 Hartley Street | 3 | 2.0 | North Haven, CT 06473 | ||||
| 299,000 | 283,000 | 18 Helen Drive | 3 | 1.1 | North Haven, CT 06473 | ||||
| 229,000 | 217,000 | 33 Laydon Avenue | 3 | 1.0 | North Haven, CT 06473 | ||||
| 445,000 | 400,000 | 25 Marion Drive | 4 | 2.1 | North Haven, CT 06473 | ||||
| 899,900 | 887,000 | 126 North Hill Road | 3 | 2.1 | North Haven, CT 06473 | ||||
| 239,900 | 234,000 | 52 Northside Road | 4 | 1.0 | North Haven, CT 06473 | ||||
| 289,900 | 280,000 | 11 Oakwood Drive | 3 | 1.0 | North Haven, CT 06473 | ||||
| 399,900 | 399,900 | 82 South Avenue | 4 | 2.1 | North Haven, CT 06473 | ||||
| 329,900 | 320,700 | 13 Westerly Road | 3 | 1.1 | North Haven, CT 06473 |
If you are thinking of selling and curious about the value of your home click the house on the right to request a Free No Obligation Market Analysis of the property. With today's on-line 
databases I can give you a fairly good idea of the market price without even touring the house.
Anyone ready to undertake the adventures of searching for property in New Haven County can contact Dan Cummings - The Running Realtor via email or call my 24 hour access line : 203-672-2455
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You know what I'd like to see? The final List to Purchase price ratio. Looks like you have quite a spread there.
Hi Dan - Volume down, Values down. Sounds like a real familiar tune I am all too aware of.
Jennifer... There is indeed quite a spread and the asking price I use it the homes price at the time of contract. Many were listed higher and adjusted downward before an offer came in. Instead of giving you the entire list of ratios here is the average. The selling price of homes on this list average out to 89.41% of the original list price and 94.08% of the listed price at time of sale. Individually the spread goes can spam almost 30% off asking when a terribly overpriced home does finally sell.
Bill... Yes.. Same story and I was a bit late publishing results this month but had a seller mention he was anxious to see my numbers so I figure prospective home sellers and buyers do look forward to these type of posts even though most don't comment.
I didn't do the math but it appears that the lower priced homes, those in the $250,000 range are holding closer to their adjusted price. Very interesting.
Beth... The homes in the $250 price range are typically entry level in this marketplace so they are in higher demand since most of the activity right now seems to be first time home buyers although many young dual income couples will start with a home in the mid to upper 300's.
You really know your market.