Monday, August 16, 2010

Milford CT, Real Estate Report

The median sales price for homes in ZIP code 06460 in Milford from May 10 to Jul 10 was $258,000 based on 79 sales. Compared to the same period one year ago, the median sales price increased 3.2%, or $8,000, and the number of sales decreased 19.4%.

Average price per square foot for homes in 06460 was $213, an increase of 6.5% compared to the same period last year. There are currently 412 resale and new homes in ZIP code 06460 on Trulia, including 57 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 06460 was $409,970 for the week ending Aug 11, which represents a decrease of 1.5%, or $6,091, compared to the prior week. Popular ZIP codes in Milford include 06460 and 06461, with average listing prices of $409,970 and $355,604


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