Morris Cove New Haven CT Real Estate Market Report October 2008

Morris Cove New Haven CT Real Estate Market Report October 2008

There are currently 34 two to six bedroom homes for sale in the community of Morris Cove New Haven CT ranging in price from $89,00 to $625,000. The square footage of these properties range from a 500 sq. ft. cottage with views of Long Island Sound to a 2700 sq. ft. Colonial facing the Pardee Seawall.

Understanding the general direction of the current Morris Cove real estate market is of vital importance to both sellers and buyers. In analyzing these trends, property absorption rates provide a good indication of whether the current real estate cycle is a buyer's market, a seller's market or a balanced market. Below is the most up-to-date absorption rate analysis:

Featured below are the Morris Cove New Haven CT Real Estate sales in the past six months. Statistics are broken down by price range for a better view of the current market.

Overall the Morris Cove real estate market has seen a significant change over the past year. With an estimated 17 month supply of homes and an average market time of 98 days it is no longer a seller's market making it all the more critical that your home is priced corrrectly before putting it on the market. If you are thinking of buying a home in Morris Cove New Haven CT now is a great time to buy while interest rates are still low and there's a great supply of homes to choose from.

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Contact Donna Bigda, ABR, SRES, e-PRO, Realtor®, RE/MAX Alliance Licensed Realtor® in the State of Connecticut at 203-488-1641, ext. 214 to list your property for sale or to purchase a property in Branford, Guilford, Madison, East Haven, New Haven and the rest of shoreline area in New Haven County Connecticut.

If you're thinking about buying a home in Morris Cove New Haven CT there are plenty of great buys in today's market and now is one of the best times to buy while interest rates remain low. For more information on Morris Cove New Haven CT real estate homes or condos, see Morris Cove real estate or sign up today to get access the hottest new listings here Morris Cove New Haven CT homes and condos.

Get your November 2008 Report On Morris Cove House Prices with up-to-the-minute statistics based on all the homes for sale and sold in Morris Cove over the last six months in all price ranges. To get your Free September 2008 Report on Morris Cove House Prices just go to Annex-MorrisCove.com

To keep up to date on the current state of the Morris Cove Real Estate Market & other information about Morris Cove, subscribe to my blog via email here or visit online at www.connecticutshorelineblog.com.

If email is your communication preference, email me at donna@donnabigda.com.

Disclaimer: All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.

Copyright © 2008 by Donna Bigda, All Rights Reserved ...*Morris Cove New Haven CT Real Estate Market Report October 2008*