Cindy Breckheimer

North Branford, CT

Single-Family Homes



North Branford, CT

Tue Oct 19 2021
This week the median list price for North Branford, CT is $494,450 with the market action index hovering around 53. This is less than last month's market action index of 57. Inventory has increased to 10. Click here to stay informed with the North Branford 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.

North Branford, CT

Tue Oct 19 2021
This week the median list price for North Branford, CT is $494,450 with the market action index hovering around 53. This is less than last month's market action index of 57. Inventory has increased to 10. Click here to stay informed with the North Branford 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 North Branford market.
Median List Price $494,450
Median Price of New Listings $544,450
Per Square Foot $234
Average Days on Market 109
Median Days on Market 95
Price Decreased 40%
Price Increased 10%
Relisted 10%
Inventory 10
Median Rent $1,838
Market Action 53
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
$619,450 3,191 1 - 2.5 acres 4 3 27 1 0 63
$499,950 2,139 0.5 - 1 acre 3 2 35 0 0 66
$489,900 2,140 5 - 10 acres 3 2 181 1 1 189
$389,900 1,104 1 - 2.5 acres 3 2 61 0 1 63