Cindy Breckheimer

Milford, CT

Single-Family Homes



Milford, CT

Tue Oct 19 2021
This week the median list price for Milford, CT is $458,750 with the market action index hovering around 57. This is less than last month's market action index of 60. Inventory has increased to 72. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Milford, CT

Tue Oct 19 2021
This week the median list price for Milford, CT is $458,750 with the market action index hovering around 57. This is less than last month's market action index of 60. Inventory has increased to 72. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Milford market.
Median List Price $458,750
Median Price of New Listings $427,949
Per Square Foot $257
Average Days on Market 64
Median Days on Market 42
Price Decreased 29%
Price Increased 1%
Relisted 6%
Inventory 72
Median Rent $1,350
Market Action 57
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$849,900 2,968 4,500 - 6,500 sqft 4 3 19 2 3 73
$574,750 2,395 0.25 - 0.5 acre 3 2 55 4 1 31
$399,947 1,486 6,500 - 8,000 sqft 3 2 76 4 4 42
$309,450 1,171 8,000 - 10,000 sqft 3 1 78 4 5 21