MADISON, CT — From a 1,010-square-foot cottage on Pent Road that fetched over $1,000 per square foot to a two-bedroom on Madison Avenue for $1.4 million, Madison's real estate market has shown just how much a shoreline address can command.
Five homes sold in Madison between Sept. 4 and Sept. 14, with a top price of $1,400,000, according to Zillow.com.
The most recent closing in this batch is 98 Bishop Lane, which sold Sept. 14 for $1,055,000. The four-bedroom, three-bath home offers 2,303 square feet of living space on a 0.92-acre lot, at $458.10 per square foot.
The top price of the five belongs to 33 Madison Ave., which sold Sept. 10 for $1,400,000. The two-bedroom, three-bath home offers 2,378 square feet on a 0.47-acre lot, at $588.73 per square foot.
5 Thelbridge St., Unit 5 sold Sept. 8 for $605,000. The two-bedroom, three-bath condo offers 2,135 square feet, at $283.37 per square foot.
Also selling Sept. 4, 44 Pent Road sold for $1,170,000. The two-bedroom, two-bath home offers just 1,010 square feet on a 7,405-square-foot lot, at $1,158.42 per square foot — by far the highest per-square-foot price of the five, and among the smallest homes in the batch.
The same day, 69 Garnet Park Road sold for $630,000. The two-bedroom, one-bath home offers 1,190 square feet on a one-acre lot, at $529.41 per square foot.
What this says about the Madison market: Four of the five sales in this batch were two-bedroom homes, yet prices ranged from $605,000 to $1.4 million — and the smallest home of the five, on Pent Road, brought in roughly double or more the per-square-foot rate of every other sale in the batch.
Sourced from a Zillow property-sales export for Madison.
Sign up for free local newsletters and alerts for the
Madison Patch
Patch.com is the nationwide leader in hyperlocal news.
Visit Patch.com to find your town today.