Cindy Breckheimer

Madison, CT 06443

Single-Family Homes



Madison, CT 06443

Thu Dec 03 2020
This week the median list price for Madison, CT 06443 is $755,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 69. Click here to stay informed with the Madison market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Madison, CT 06443

Thu Dec 03 2020
This week the median list price for Madison, CT 06443 is $755,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 69. Click here to stay informed with the Madison market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Madison market.
Median List Price $755,000
Per Square Foot $233
Days on Market 228
Price Decreased 30%
Price Increased 3%
Relisted 6%
Inventory 69
Median Rent $2,968
Most Expensive $2,995,000
Least Expensive $200,000
Market Action 40
Slight Seller's Advantage

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,890,000 3,964 0.5 - 1 acre 5 4 90 0 1 290
$875,000 3,168 0.5 - 1 acre 4 3 94 3 1 161
$649,900 3,086 1 - 2.5 acres 4 3 50 2 3 299
$389,950 2,055 1 - 2.5 acres 3 2 59 2 4 164