Milford, CT Median Sales Prices Hit 8 Year High in 2017! - Reid Real Estate Group

Milford, CT Median Sales Prices Hit 8 Year High in 2017!

A decade after the peak and subsequent crash of the CT real estate market, Milford median prices are headed up again! Milford median sales prices fell almost 25% from the 2007 peak of $322,000 to the bottom of the market in 2012 at $240,000:

graph milford sales prices

A decade after the peak and subsequent crash of the CT real estate market, Milford median prices are headed up again! Milford median sales prices fell almost 25% from the 2007 peak of $322,000 to the bottom of the market in 2012 at $240,000:

The Milford market has been slowly improving since. The greatest gains have been in the last two years, as inventory has been drawn down by ever increasing buyer demand. This law of supply and demand inevitably leads to the increases in pricing we are seeing in Milford today.

The Milford market has been slowly improving since. The greatest gains have been in the last two years, as inventory has been drawn down by ever increasing buyer demand. This law of supply and demand inevitably leads to the increases in pricing we are seeing in Milford today

Minna Reid

Minna Reid is Broker/Owner of Reid Real Estate Group. Reid Real Estate Group is a full service Connecticut residential real estate brokerage, specializing in helping homeowners with legal and financial challenges including short sales, probate sales and tax lien complications.

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