Madison, CT Real Estate News

Madison CT Homes - Madison Real Estate Market Report September 2009 Understanding the general direction of the current Madison real estate market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Madison. There are currently 228 Madison CT homes for sale ranging in price from $45,000 for a seasonal cottage to $6,950,000 for a direct waterfront estate. In the month of September 2009 there were 14 homes that closed which is an increase of 5 home as there were 9 Madison CT homes that closed in September 2008. The average sales prices of Madison CT homes sold in September 2009 was $453,114 with an average 105 days on the market versus $593,389 for those sold in September 2008 with an average 113 d...
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
Located in one of the most convenient, yet private locations in town.  This 4 bedroom colonial is set on a private road with views of the Madison CC golf course, and within walking distance of Madison's village, restaurants and 2 beaches.  The home has been completely updated  - the kitchen is a chef's dream!  Hardwood floors throughout, corner cabinets in dining room, and crown moulding add to the charm of the home.  Call Betsy 203.738.0207 for more information.
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By Jamie Dumaine-Russell
(RE/MAX Alliance)
Madison Connecticut Real Estate Market Report October 2008 Understanding the general direction of the current Madison Connecticut 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. There are currently 207 Madison Connecticut homes for sale (single family).Below is the  most up-to-date absorption rate analysis: Photo courtesy of  slack12  :    Featured below are Madison Connecticut Real Estate Sales for the past three months. Statistics are broken down by price range for a better view of the current market which is showing a good balance of sales between the price ranges of $250,000 to $1,0...
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Single family home sale prices in Madison remain the highest along the shoreline of New Haven County but sales volume dropped substantally.  Typically around 80 homes sell during the prime spring months of April, May and June but with only 49 closed sales this year is the slowest of the decade. Second Quarter of 2001 :   84 homes sold with the median price of $326,000 Second Quarter of 2002 :   84 homes sold with the median price of $381,000 Second Quarter of 2003 :   80 homes sold with the median price of $452,000 Second Quarter of 2004 :  102 homes sold with the median price of $457,500 Second Quarter of 2005 :   92 homes sold with the median price of $537,500 Second Quarter of 2006 :   77 homes sold with the median price of $608,500 Second Quarter of 2007 :   80 homes sold with the m...
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By CT-Team Shoreline
(Coldwell Banker Residential Brokerage)
Annual Fireworks Starts Thursday, July 3, 2008 at 09:00 PMEnds Thursday, July 3, 2008 at 10:00 PM    4th of July Parade Starts Friday, July 4, 2008 at 11:00 AMEnds Friday, July 4, 2008 at 12:00 PMDowntown Madison to Surf Club The is an annual parade sponsored by the Madison Exchange Club, featuring marching bands, floats, community groups, etc. This year the theme is "Our Environment, Let's Get Green", celebrating Madison CT proud heritage with a focus on the environment.   Concert on the Green Starts Saturday, July 5, 2008 at 05:00 PMEnds Saturday, July 5, 2008 at 09:00 PMMadison Town GreenFeaturing Shoreline Youth Symphony Orchestra at 5pm, Ancient mariners at 6:15, Wallingford Symphony at 7pm. COME AND JOIN US! Tania Stetinin (203) 695-2544
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By CT-Team Shoreline
(Coldwell Banker Residential Brokerage)
My last two buyers only wanted to see homes with 1st floor master bedrooms ... yes they were early stage baby boomers. In our local market of Madison CT finding a home with a first floor master usually means a ranch or a cape style home and probably one that was built several years ago. ... in other words the supply is limited. The "Over 55" active adult home that feature a first floor master bedroom has not really appeared here yet probaby due to high land prices. There is an outside developer trying to build one such development here in town called "Madison Landing" however they have been held up for several years up by a local community group siting environmental concerns. So it you want to live along the shoreline in Madison CT in a home/condo with first floor master the choices are...
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By CT-Team Shoreline
(Coldwell Banker Residential Brokerage)
If any of you are like me, I love good food, good recipes and great cook books. R J Julia bookseller in Madison CT is hosting Bobby Flay on May 14 at the book store for the signing of his new book Grill it! He's going to be in Madison on the 14th from 6:00 to 9:00 PM. Last year I got to meet Giada DeLaurentis (She's just as nice in person as she is on TV) and Jacques Pepin has been a Madison resident for many years. R J Julia's gets the best authors  to come to town. If any of you are interested go the RJ Julia web site and check out the line up.Good eating!TaniaStetinin@Teamshoreline.comHttp://www.teamshoreline.com 
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By No Longer Active
(Real Estate)
Do you ever wonder what those homes are worth when you're driving around town?  Below are a sampling from the roughly 230 single family properties that sold during 2007. To give you an indication of Madison's diverse housing stock I have chosen 30 homes from each end of the spectrum.  Modest homes start in the low 200's and several million dollars can be spent in prime neighborhoods.  The median sales price in 2007 for the town of Madison was about $525,000.  Half the residential properties sold for less and half for more.  Madison remains one of the most affluent towns in New Haven County. .Town / State Street NameBedroomsBathsSquare FeetSales Price         Madison, CT Woodland Road31.01352180,000 Madison, CT Durham Road41.11652200,000 Madison, CT Samantha Lane32.01306224,400 Madison, ...
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By No Longer Active
(Real Estate)
 The Madison Turkey Trot is coming around for the third time since I started my latest fitness routine. Over the years my workout was typically confined within the walls of a gym and cardio work was never much of a priority.  Oddly enough when I began my real estate career my exercise routine suffered for a few years as I fell into the all work trap.In the fall of '05 as my weight crept up to a new high I began walking with one of the women in my office and our goal was the completion of the two mile walking race at the Turkey Trot.  Well that Thanksgiving morning didn't work out as we'd planned.  The first snowfall of the season left a few inches of ground cover and Jane slid off the road before the race. Shaken but otherwise uninjured her car was towed away and she returned home with ...
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Summer Splash - Celebrate 100 years Saturday August 4th Tom Burland http://www.ct-shore-homes.com/Where: Madison CTEvents begin at 12:00 noon at the surf club, enjoy music and food all day long, at 4:30 the parade featuring 100 fire trucks will start at the center of town and proceed to the Surf Club.Fireworks at 9:30!!! This will be a great celebration, be mindfull of traffic congestion and road closures more information can be found at http://www.madisonct.org/FD%20Parade%20and%20Summer%20Splash.pdf Visit our very informative town website www.madisonct.org  
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By Sandra Cummings, Real Estate Agent, Guilford Connecticut
(William Raveis Real Estate)
There were 36 homes that sold in the Town of Madison, Connecticut in June 2007AddressList PriceSold Price68 EDINBURGH LANE$615,000598,000962 BOSTON POST RD$499,250499,25048 STRAWBERRY HILL ROAD$739,000717,0003 COPPERSTONE LANE$479,900475,000101 EAST WHARF ROAD$619,900598,00048 GROVE AVENUE$1,999,9001,850,00053 A&B NORTONTOWN RD.$524,000478,00049 TIBBALS BRIDGE ROAD$599,000590,000LOT 6 MATTEO COURT$899,000850,00059 MADISON AVENUE$950,000851,00047 EAST STREET$46,90040,00024 BARBERRY LANE$1,450,0001,377,50015 CEDAR CROFT$330,000303,0006 LONGVIEW TER$700,000665,00029 AMBER TRAIL$519,900490,00017 LIBERTY STREET$710,000680,00057 HAMMONASSETT MEADOWS RD$449,000425,00012 ACORN ROAD$649,000615,00022 SCOTLAND AVENUE$879,000860,000554 BOSTON POST ROAD$950,000870,000129 SUNBROOK$650,000617,50016 CH...
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By No Longer Active
(Real Estate)
Single family home sale prices in Madison remain the highest along the shoreline of New Haven County but have dipped more than the neighboring towns of Guilford & Branford.  Prices this quarter are about 11% lower than the same period last year and close to the 2005 price level.Second Quarter of 2001 :   84 homes sold with the median price of $326,000Second Quarter of 2002 :   84 homes sold with the median price of $381,000Second Quarter of 2003 :   80 homes sold with the median price of $452,000Second Quarter of 2004 :  102 homes sold with the median price of $457,500Second Quarter of 2005 :   92 homes sold with the median price of $537,500Second Quarter of 2006 :   77 homes sold with the median price of $608,500Second Quarter of 2007 :   80 homes sold with the median price of $542,000 
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
Since we've passed June 15th now, I thought it would be a good time to take a moment to review the current offerings of condominiums in Madison.  Right now, 25 condos are actively being marketed.  For $264,900 one can purchase a free-standing, 5 room unit in close proximity to Hammonassett State Park.  Two units are available at the "Mews" - one at $700,000 and the other at $748,500.  This complex is conveniently located to town and East Wharf Beach.  A total of 16 units are for sale in the $300,000 to $400,000 price range - a great variety for buyers to choose from.  Strathmore Farms offers life on the Hammonassett River, and is where you can find an almost 3,000 sq foot unit for $869,000.  
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
The Madison Farmers' Market opened yesterday and was well attended.  The market will run every Friday from 3 to 6 now into October.  Vendors were marketing a wide variety of local products:  Jam, preserves, pies, plants, vegetables, fish, meat and bread.  Something for everyone - stop by and check it out!
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
The Farmers' Market opens today, Friday at 3:00 on the Madison Green.  Take advantage of this opportunity to buy the produce and products of local vendors - nothing is better than fresh from the garden goodies.  The market will be open every Friday during the summer.  Let's make it a successful program that will continue for years!
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
This Friday will be the first Farmer's Market of the season in Madison.  Get to the green at 3:00 when it opens!  Time to enjoy the local goodies!
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
has added 15 new listings to the market this week.  Prices are varied, and range from $395,000 to $1,595,000.  One is new construction, located and offered $799,000.  Another home offers views of Fence Creek and is priced at $998,000.  At the time of this writing, no homes were "under contract" or had "closed" yet this month.  I'll keep you posted!
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
The Madison shoreline area off Neck Road offers a variety of opportunities for today's home buyer: There are 18 homes available in the Neck Road area as of June 1. Home prices in the area range from $379,000 to $1,999,000. As you would expect, the high priced homes are on or close to the water, but all homes in this area are within walking distance. Here are some examples of homes currently available: A 3 bedroom ranch with a detached garage and deeded beech rights. $379,000 A 3 bedroom bungalow, recently updated, walk to beach. $489,900 A freshly remodeled 3 bedroom cape, with beach rights. $609,000 Spacious 3 bedroom contemporary, some waterviews, beach rights. $899,000 A 3 bedroom re-designed cape cod, 3300 sq feet. $1,444,000
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By Betsy Anderson
(William Pitt Sotheby's International Realty)
There's been plenty of action in the neighborhood so far this year.  As of June 1, there are 3 homes on the market, all of which are on Bartlett Drive:92 Bartlett, 2280 sq feet priced at $519,000447 Bartlett Drive, 3503 sq feet, priced at $739,000327 Bartlett Drive, 3844 sq feet, priced at $775,000.Some homes are under contract and are waiting for their new owners to move in:215 Bartlett Drive, with 3384 sq feet, was listed at $749,000.29 Indian Trail, with 3910 sq feet, was marketed at $824,900.Two new neighbors were welcomes to the area at:273 Bartlett Drive, 3738 sq feet (pool) sold for $850,00055 Quail Run, 3728 sq feet, sold for $747,700.
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By No Longer Active
(Real Estate)
On Saturday April 21, 2007 the Connecticut Shoreline lost the King of Tampa Bay.  Dave Parcells died competing in his first choice sport, swimming - in Tampa Bay.I don't recall when I first knew Dave, maybe 1st or 2nd grade, we grew up in the same area of West Haven and attended St. Louis Parochial School.  The school contained only one class for each grade from 1-8 so we were classmates for years. The little kid from the schoolyard grew into a man of achievement.  As with many kids from the neighborhood you loose touch as people grow and head in different directions.  Coincidentally Dave was the race announcer at my first event in Madison a few years ago. I stopped by and re-introduced myself before the race and he made a point to announce my finish as I crossed the line.It was after t...
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