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!
Hamden, CT Distress Market Report 2019Despite several years of gains in the marketplace, Hamden year to date home sales show a massive increase in the rates of foreclosed homes and short sales. After dropping down to an 8 year low of 14% of all homes sold, The current rate of distress sales is currently at […]
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Woodbridge, CT Real Estate Market Report 1st Quarter of 2019: It’s a mixed messages for Woodbridge sellers! Get the scoop: WHAT’S YOUR WOODBRIDGE HOME WORTH?
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New Haven County, CT Real Estate Market UpdateAfter 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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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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Bridgeport, CT: Continued buyer demand and limited inventory encourage price growth as sales prices hit 5 year high in 2019…yet distress sales still linger on a decade after the real estate bust… FIND OUT WHAT YOUR BRIDGEPORT HOME COULD SELL FOR TODAY!
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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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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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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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Hamden, Connecticut Real Estate Market Report: 2019 starts with some rough surprises for Hamden sellers: FIND OUT WHAT YOUR HAMDEN HOME COULD SELL FOR!
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Even in a market of rising prices and buyer competition here in Connecticut, the rate of short sales and REO sales (bank owned foreclosed property) rise in 2019…As short sales stayed at the same 2% rate we’ve seen for the last three years, sales of foreclosed homes rose to 12% so far in 2019:Even in today’s improving […]
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