Saturday, May 15, 2010

Milford Real Estate Sales Still Slumping

From "Average price per square foot for Milford CT was $217, an increase of 10.2% compared to the same period last year. The median sales price for homes in Milford CT for Feb 10 to Apr 10 was $265,000 based on 58 home sales. Compared to the same period one year ago, the median home sales price increased 0.6%, or $1,500, and the number of home sales decreased 35.6%.

There are currently 489 resale and new homes in Milford on Trulia, including 51 open houses, as well as 112 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Milford CT was $424,142 for the week ending May 05, which represents a decrease of 0.3%, or $1,439, compared to the prior week. Popular neighborhoods in Milford include Post Road North and Milford's North End, with average listing prices of $334,914 and $424,142."

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