Cindy Breckheimer

Milford, CT

Single-Family Homes



Milford, CT

Thu Mar 28 2024
This week the median list price for Milford, CT is $599,900 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 51. Click here to stay informed with the Milford market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Milford, CT

Thu Mar 28 2024
This week the median list price for Milford, CT is $599,900 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 51. Click here to stay informed with the Milford market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Milford market.
Median List Price $599,900
Median Price of New Listings $724,500
Per Square Foot $336
Average Days on Market 96
Median Days on Market 49
Price Decreased 35%
Price Increased 6%
Relisted 8%
Inventory 51
Median Rent
Market Action 45
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,375,000 2,907 4,500 - 6,500 sqft 4 3 27 1 1 227
$749,000 2,446 8,000 - 10,000 sqft 3 2.5 40 4 1 28
$521,000 1,665 0.25 - 0.5 acre 3 2 74 3 2 35
$370,000 1,116 4,500 - 6,500 sqft 3 1 87 0 3 49