November 2022 Milford, CT, Real Estate Market Trends Report

To put it plainly, the real estate market in Milford, CT is HOT! If you are a homeowner in Milford, who has been considering selling, you are in luck! You’ll see from my trend report that the average list price for homes remains the same as the previous month and the median list price for a home is up 4% to $600K which is an increase of over 26% from the same time last year! Even though sales prices were down about 7% the previous three months leading to November, sales prices actually rose over 16% this November over same time last year! These continual rises create a general average year over year upward trend. So even though you may be hearing that the market is insane, and we may be seeing some high ups and downs month to month, the gradual upward trend still remains. The Milford market is not only holding strong, it has been and remains to be a market that people are chomping at the bit to get in to. Each home on the market has very little competition so it has excellent market placement. As long as a property is priced at fair market value, it will sell for a great price. Reach out if you want to discuss your options! Here is a link to my contact page! 

Check out the full report here 

Check out Milford homes for sale here