Is North Branford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, North Branford was a Buyer's Market.
Housing Prices in North Branford, CT
How much do homes in North Branford, CT cost?
Median Sold Price
$395,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Branford was $395,000 in March 2024, up 6.8% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $36K | $185K | +413.9% |
2 Bedrooms | $260K | $280K | +7.7% |
3 Bedrooms | $370K | $400K | +8.1% |
4 Bedrooms | $472.5K | $445K | -5.8% |
5+ Bedrooms | $490K | $499K | +1.8% |
Summary: North Branford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 413.9%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
Branford | $332.5K | $375K | +12.8% |
Northford | $388.1K | $430.5K | +10.9% |
Wallingford | $319.2K | $345K | +8.1% |
Guilford | $525.5K | $567.5K | +8.0% |
North Branford | $370K | $395K | +6.8% |
Housing Supply in North Branford, CT
How many homes are available in North Branford, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 40 | +2.6% |
Summary: The North Branford real estate market had 40 homes for sale in March 2024, a 2.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Branford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in North Branford in March 2024, up by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for North Branford, CT
We’re sorry, we don't have information for this market at the moment