Milford Real Estate Sales Still Slumping

From www.trulia.com "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."

Milford Real Estate Report

The following assessment is from the real estate experts at Trulia. Trulia is a market forecaster, and analyst site that specialized in providing data to people interested in real estate trends.

One important item to note is that the first time home buyer credit has skewed the average selling prices of local homes to the negative side. The Federal program offers an incentive to buy lower cost qualifying homes.

This is their current assessment for Milford.

"Average price per square foot for Milford CT was $194, a decrease of 14.5% compared to the same period last year. The median sales price for homes in Milford CT for Nov 09 to Jan 10 was $240,000 based on 96 home sales. Compared to the same period one year ago, the median home sales price decreased 12.2%, or $33,500, and the number of home sales increased 15.7%.

There are currently 374 resale and new homes in Milford on Trulia, including 29 open houses, as well as 28 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 $414,721 for the week ending Feb 17, which represents an increase of 1.2%, or $4,942, compared to the prior week. Popular neighborhoods in Milford include Post Road North and , with average listing prices of $346,394 and $414,721."

Source is www.trulia.com

This Weeks Property Transfers

1 Bayberry Ln, Ann Dolores Kelly and Marylou Olsen to George T. and Joan A. Blaszczyk, $330,000.

30 Argyle Rd, Donald E. Robinson to Melissa Nelson, $257,000.

14 Barn Ln, Joy Arthur Est and Rebecca Joy-Buck to John B. and Gladys Sporko, $85,000.

49 Corona Dr, Frank and Sueli Sirena to Robert E. Cincotta, $274,000.

89 Crestwood Rd, Ethan D. Mitkowski and Allison M. Frank to Kurt Fasulo and Kara Ryan, $315,000.

21 Greenview Ln Unit 21, Robert R. and Valentina Cascella to Biagio Padula, $224,000.

37 Indian River Rd, Russell J. and Patricia A. Crowley to David M. Saracin, $195,000.

9 Marble Ln, Susan Defranceso to Sandra Lee and Ronald F. Richards, $75,000.

162 Mary Ellen Dr, Marilyn P Boone RET and Marilyn P. Boone to Dennis J. Spillane, $292,500.

18 Melba St Unit 102, Ocean Point LLC to Lance C. Jensen, $269,900.

446 Naugatuck Ave Unit 446, Southwind Cove LLC to Bozena Szajkowska, $293,000.

29 Pearl Hill St, Raymond L. Mascola and Valerie J. Fuller to Suzanne Mount, $214,000.

321 Popes Island Rd Unit 321, Philip C. Pilletere to Curtis Rias, $300,000.

61 Shea Ave Unit 61, Mary Ann Spangler to James C. Scofield, $189,000.

534 Swanson Cres Unit 534, Angela Bradley to Christian Miron, $182,500.

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Milford Ct Recent Property Transfers

65 Brookdale Ave, Austin Mary Kathleen Est and Lynn A. Panaions to David Salinas, $275,000.

15 Buckingham Pl, Eileen P. Paquet to Christian P. and Jennifer M. Gregory, $210,000.

68 Live Oaks Rd, Kevin M. Leydon and PHH Mortgage Corp to PHH Mortgage Corp, $1.

34 Market Pl, Elizabeth N. Shea to Standish Construction LLC, $95,000.

308 Meadowside Rd Unit 206, George Marinich to Timothy P. Myers, $95,000.

180 Melba St Unit 305, Ocean Point LLC to Tonya Grace Burehette, $215,500.

330 Merwin Ave Unit C1, Karen L. Howling to Christina Andriotis and Sophia Pampoukidis, $250,000.

663 Merwin Ave, Timothy V. Swaller to Julie Goldstein and Aroni Pinkussohn, $325,000.

75 Narrow Ln, Allan W. Voytek to Susan E. Parisi, $127,000.

1414 New Haven Ave, Gold Properties LLC to Douglas Knapp, $324,000.