Minna Reid - Reid Real Estate Group - Blog

New Haven County, CT Home Sale Prices hit decade high in 1st quarter of 2019!

GRAPHIC OF MARKET REPORT

New Haven County, CT Real Estate Market Update​After bottoming out in 2012, the New Haven County real estate market has been picking up speed! Home sales prices through 1st quarter of 2019 rose over 4% over 1st quarter of 2018 reaching a decade median high of $191,500:​With interest rates down and ever increasing buyer demand, […]

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March 25, 2019

SHOULD I HAVE AN OPEN HOUSE?

Open houses have become a subject of much debate as of late. You can ask two real estate agents and get two different answers about whether you should hold an open house for your Connecticut home for sale.  The truth is that less than 5% of homes sell due to an open house, and the […]

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Despite slow start to 2019, New Haven, CT sellers market strengthens!

new haven 2019 real estate stats graph

Like most of Connecticut, New Haven sellers can finally rejoice that the market continues on strong in 2019, despite a slow beginning to the year.The first two months of 2019 show slightly fewer sales than previous years:Days to sell are also up a bit in 2019 as homes are sitting just a bit longer:2019 is […]

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Despite rising prices in West Haven, CT, distress sales jump sharply in 2019!

man with foreclosure letter

West Haven, CT Real Estate Market Report: Like much of the state, West Haven has enjoyed rising home values for the last few years in a row. 2019 is starting off strong, but surprisingly sales of foreclosed homes rose sharply with the start of the new year!West Haven median home sales prices are off to […]

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March 12, 2019

See what this West Haven, CT seller had to say about his short sale with Mr. Cooper!

quote-left ​I cannot honestly find the right words to express the amazing job that Minna, Jaime, and the entire group did for me. Making the decision to go through a short sale process is daunting, to say the least, but Minna and her team somehow found a way to take all of the stress out […]

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After years of gains, Milford CT home sale prices drop in 2019…

GRAPH OF MILFORD SALES PRICES

Milford home sales prices have been rising consistently for a few years now, but 2019 is off to a different start!For the first time in 3 years both January and February median home sale prices in Milford have dropped over the prior year: While the change is not too significant, with prices down roughly 1% from […]

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New Haven County, CT Home Sales off to Slow Start in 2019…

After 3 years of limited inventory and rising prices in New Haven County, Connecticut, 2019 is off to slow start and inventory climbs along with home marketing times….New Haven County currently has 8 months of housing inventory available and Days to Sell is up to a median of 62 days:While sales are of to a […]

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