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November 22, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Connecticut > Madison


Market Conditions Summary for Madison, Connecticut


Reported by

Camille Ackermann
as of 11/16/2008:
Madison CT is a unique town graced by the Long Island Sound to the south and by farms and woodlands to the north. Its ambiance includes a little something for every taste. The Main Street area hosts an award winning book store, a cinema,... MORE->
About Camille Ackermann

Reported by

Bob Ferrigno
as of 11/7/2008:
Homes were on the market in the first quarter of 2007 for141 days compared to 118 days in 2008. This is a nice imptovement. This is also the product of better listed prices being set by well informed sellers by well educated Realtors. Also the % of... MORE->
About Bob Ferrigno

Reported by

Eric Thal
as of 10/16/2008:
Closed single-family residential transactions for 3rd quarter 2008 as compared to 3rd quarter 2007: Median sales price is down 6.5% from $524,950. to $491,000. The number of sales is down 25.7% from 70 to 52 for the... MORE->
About Eric Thal

Reported by

Adrian S. Price
as of 8/26/2008:
Fixed Rate Mortgage rates are still very low and home prices remain favorable. If you are considering buying, this market offers an impressive selection. Time to get out there and find your NEW home! Sellers will need to be priced competitively with... MORE->
About Adrian S. Price

Reported by

Melanie Heltke
as of 7/3/2008:
For the month of June there were 13 homes sold, with an average purchase price of $424,000 (per... MORE->
About Melanie Heltke


Average Current Market Rating: 2    (5 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (5 ratings)




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Falling

Rising

Navigate: Top > Connecticut > Madison


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 6.04%
15 Year Fixed: 5.73%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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