Connecticut Real Estate Market Trends Archives - Reid Real Estate Group

Category Archives for "Connecticut Real Estate Market Trends"

Minna Reid, Owner of Reid Real Estate Group, brings you insights into current trends in the Connecticut home selling market. Browse her posts below for timely advice, guidance, and news about real estate market trends,  or  GO HERE  to find reports categorized by county and town, or to request your own custom real estate report!

Connecticut homes sell at record speed in 2018 and sales prices soar!

Connecticut has seen home inventory diminish with endless buyer demand in the past few years.So far in 2018, Connecticut median home marketing time dropped to just 33 days, and the median home sale price rose 5% over 2017 to $240,000:​CONNECTICUT RESIDENTIAL HOME SALE TREND:Connecticut’s real estate values have been much slower to rise than most of […]

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Litchfield County, Connecticut – the most depressed county in the Nutmeg State…

The Connecticut real estate market has slowly been recovering for the last several years, but not all areas at the same rate. Some counties have been slower to move up than others. So which county hails as the slowest to recover?Litchfield County reigns as the most depressed county in Connecticut with the rate of distressed […]

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Hamden, CT home sale prices on the rise in 2018!

After many years of uncertainty, Hamden sellers see home marketing times drop to a record low and prices rise to a 5 year high in 2018!Hamden, CT Residential Home Sales Prices and Marketing Time:As 2018 draws to an end, Hamden homeowners have enjoyed another year of quickly improving selling conditions. Median home marketing time is […]

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As temperatures drop, so do Connecticut home sales prices…

The last few years have been good for Connecticut home sellers, as prices have finally started heading up yearly with ever increasing buyer demand. However, with fall approaching, the seasonal slowdown is headed our way…As usual, the market reached it yearly peak in June, with the median sale price at its highest point of $260,000, […]

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Despite slight drop in 2018, rate of short sales and REO sales remains high in Connecticut

Market share of Connecticut distress property sales dropped slightly to a rate of 15% so far in 2018. 1 in every 7 sales in the state is currently a short sale or an REO sale (bank owned foreclosed property). 2018 Connecticut short sale and foreclosure market report:Short sales currently account for 2% of home sales and REO’s  for 13%. This […]

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Naugatuck, CT Home Sale Prices Hit 9 Year High in 2018!

Naugatuck, Connecticut real estate prices have been recovering since 2014 when home sales prices bottomed out. The last few years of increasing buyer demand, coupled with decreasing home inventory have led to homes selling faster and prices finally moving upward statewide. Naugatuck prices have gained quick speed over the last few years, reaching a 9 […]

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