Ansonia home sales prices start strong in 2018 as home marketing time drops to decade low! - Reid Real Estate Group

Ansonia home sales prices start strong in 2018 as home marketing time drops to decade low!

Homeowners in Ansonia, CT see a strong start to single family home sales in 2018 as significant buyer demand coupled with decreasing inventory in the last few years has pushed home marketing time down and prices up:

Ansonia CT real estate sales prices

After peaking in 2008 at a median of $240,000, Ansonia home sales prices dropped for the next seven years until bottoming out in 2015 at a low of $160,000. Prices have since started rising and 2018 is starting off with a current median sales price of $191,000. 

Although 2018 is certainly proving to be a promising year for Ansonia homeowners, prices still remain 20% below the peak of the market a decade ago, leaving many homeowners still struggling with negative equity. There are options for those who need to sell, but lack the equity to get out of the loan. And for those who have the time to wait it out - looks like things are headed your way!

Minna Reid

Minna Reid is Broker/Owner of Reid Real Estate Group. Reid Real Estate Group is a full service Connecticut residential real estate brokerage, specializing in helping homeowners with legal and financial challenges including short sales, probate sales and tax lien complications.

Click Here to Leave a Comment Below

Leave a Reply: