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Short Sale Listings in Old Saybrook, CT

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Living in Old Saybrook, CT

Old Saybrook, CT, is a lovely coastal town known for its beautiful beaches and historical significance as a trading post. The community thrives on its blend of outdoor activities and cultural enrichment, offering a variety of dining and shopping options. With a welcoming atmosphere and strong local schools, it’s a perfect place for families and retirees.

Current Market Conditions in Old Saybrook, CT

The real estate market in Old Saybrook is currently experiencing steady growth, with a modest increase in home prices due to its desirable location and unique offerings. As a coastal town, properties with water views are particularly sought after, and quality homes are being snapped up relatively quickly. This trend is appealing to both investors and families looking for primary residences.

The interest in Old Saybrook real estate is partly driven by the town's historic charm and recreational opportunities. The demand has outpaced supply, leading to a competitive market where buyers are considering making offers above asking price in some cases.

Home Value Estimator For Old Saybrook, CT

There are currently 5,663 real estate properties in Old Saybrook, CT, with a median automated valuation model (AVM) price of $671,507.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Old Saybrook, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Old Saybrook, CT, is $842,819.00, with the most expensive house in Old Saybrook, CT, topping out at $16,503,539.00 and the cheapest home in Old Saybrook, CT, clocking in at $11,119.00. In other words, there’s something for every potential homebuyer or savvy investor in Old Saybrook, CT!

Rent Prices In Old Saybrook, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Old Saybrook, CT, is on a rollercoaster ride. The average rent price in Old Saybrook, CT, is $1,962.00. Indeed, when looking to rent in Old Saybrook, CT, you can expect to pay as little as $1,120.00 or as much as $4,150.00, with the average rent median estimated to be $1,950.00. The good news is that finding an affordable and desirable property to rent in Old Saybrook, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Old Saybrook, CT Short Sale Listings


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