madison.PNG

madison

This area, formerly part of Guilford and known as East Guilford, was first settled about 1650 on land bought from the Nehantic and Mohegan Indians in 1641. With population increasing, settlers here sought separate parishes and the Society of East Guilford was incorporated in 1707, the Society in North Madison, called North Bristol, in 1753.

The Town of Madison, named for President James Madison, was incorporated in 1826.

This was once a center for fishing, shipping, shipbuilding, farming, and crayon manufacturing. Famous people born here included Thomas Chittenden, first Governor of Vermont; philanthropist Daniel Hand; artist Gilbert Munger; and chief sponsor of the Civil War ironclad warship Monitor Cornelius Scranton Bushnell.


info stats

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.


market reports

CLICK ON EACH REPORT TO VIEW DETAILS