Cindy Breckheimer

North Branford, CT

Single-Family Homes



North Branford, CT

Sat Apr 13 2024
This week the median list price for North Branford, CT is $544,500 with the market action index hovering around 59. This is less than last month's market action index of 68. Inventory has increased to 6. 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 started cooling and prices have recently plateaued. Since 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

Sat Apr 13 2024
This week the median list price for North Branford, CT is $544,500 with the market action index hovering around 59. This is less than last month's market action index of 68. Inventory has increased to 6. 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 started cooling and prices have recently plateaued. Since 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 $544,500
Median Price of New Listings $549,000
Per Square Foot $277
Average Days on Market 58
Median Days on Market 21
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 59
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. 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
$845,000 1,648 5 - 10 acres 3 2 184 0 0 252
$799,000 1,648 1 - 2.5 acres 3 2 184 0 0 49
$544,500 2,613 0.5 - 1 acre 3 2.5 34 1 1 3
$412,500 1,548 1 - 2.5 acres 2 2 76 0 0 21