Cindy Breckheimer

Milford, CT

Single-Family Homes



Milford, CT

Sat Apr 13 2024
This week the median list price for Milford, CT is $644,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 54. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Milford, CT

Sat Apr 13 2024
This week the median list price for Milford, CT is $644,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 54. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Milford market.
Median List Price $644,000
Median Price of New Listings $699,999
Per Square Foot $347
Average Days on Market 104
Median Days on Market 60
Price Decreased 37%
Price Increased 6%
Relisted 15%
Inventory 54
Median Rent
Market Action 46
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,490,000 2,886 6,500 - 8,000 sqft 4 3 19 2 1 63
$800,000 2,446 8,000 - 10,000 sqft 3 3 59 2 2 119
$523,000 1,632 0.25 - 0.5 acre 3 2 72 2 3 28
$387,400 1,173 6,500 - 8,000 sqft 3 1 83 1 2 59