Guilford, in New Haven County, is located in southern Connecticut on the Long Island Sound. Originally called Menunkatucket, the Quinnipiac sold it, along with land stretching from present day Niantic to Branford, to Puritans led by Henry Whitfield. It was settled in 1639, renamed Guilford, and admitted to New Haven Colony in 1643. One of the few shore towns to escape British attack in the Revolutionary War, Guilford citizens organized a raid on British provisions stored at Sag Harbor, Long Island. Stone quarried from Leete’s Island has been used in the building of the Statue of Liberty, the Brooklyn Bridge, and the Lighthouse at Lighthouse Point, New Haven.
American Cruise Lines has its headquarters in Guilford. There are many small businesses throughout the town, including the shops on the Guilford Green.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
