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Health & Fitness

Milford Housing Market stable

While there are nay-sayers  that will tell you that the real estate market in Milford is declining again.  The numbers are in comparing the past 90's days  of sales to the same period  in 2012.  There have been 111 homes sold from July 22 - October 22, 2013 at an average sold price per square foot of $182.35.  In the same time period in 2012, there were 118 homes sold with an average sold price per square foot of $186.17.  While this is good news for the market, we are seeing increases in interest rates that may effect how much a buyer will qualify for, and rates on flood insurance are expected to rise in the first quarter of 2014.

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