$8,313 Closing Credit*
$700,000
1,832 SqFt
2 Beds
•3 Full Baths
Laurie Trulock, Listing Office: Compass Connecticut, LLC
Is Guilford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Guilford has remained a Seller's Market.
Key Takeaway
Guilford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Guilford, CT
How much do homes in Guilford, CT cost?
Median Sold Price
$576,333
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$48,833(+9.3%)
Key Takeaway
Homes in Guilford have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Guilford was $576,333 in August 2024, up 9.3% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $210K | +13.5% |
| 2 Bedrooms | $427K | $420K | -1.6% |
| 3 Bedrooms | $500K | $539K | +7.8% |
| 4 Bedrooms | $650K | $680K | +4.6% |
| 5+ Bedrooms | $950K | $988.2K | +4.0% |
Summary: Guilford housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Guilford | $527.5K | $576.3K | +9.3% |
| North Branford | $375K | $410K | +9.3% |
| Madison | $624K | $679.6K | +8.9% |
| Northford | $418.5K | $450K | +7.5% |
| Branford | $358.6K | $377.1K | +5.2% |
Housing Supply in Guilford, CT
How many homes are available in Guilford, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 135 | 129 | -4.4% |
Summary: The Guilford real estate market had 129 homes for sale in August 2024, a 4.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 7 | -30.0% |
| 2 Bedrooms | 31 | 28 | -9.7% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 39 | 44 | +12.8% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Guilford housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 | 28 | -31.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guilford, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Guilford in August 2024, down by 31.7% month-over-month. Of the 28 sold homes, 29% were sold under asking, 18% were sold at asking, and 54% were sold over asking.
Days on Market for Guilford, CT
We’re sorry, we don't have information for this market at the moment
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