Connecticut Real Estate Market Trends Archives - Page 7 of 11 - 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!

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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Woodbridge, CT real estate sales prices reach 6 year high in 2018!

After peaking in 2007, Woodbridge, CT home sale prices tumbled down for the next 9 years. After finally bottoming out in 2016, Woodbridge sales prices have continued to head back up, and 2018 sees the median sales price at a 6 year high!Woodbridge home sales prices dropped a whopping 31% after reaching height of $525,000 […]

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West Haven CT real estate sales prices up again in 2018!

graph of west haven home sales prices

The West Haven, Connecticut real estate market has been recovering since 2015 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. Some towns have fared better than others. West Haven real estate sales […]

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Slow real estate recovery in Fairfield County leaves many homeowners still underwater in 2018…

FAIRFIED COUNTY HOMEOWNER UNDERWATER WITH MORTGAGE

Like most of Connecticut, Fairfield County real estate prices have been rising slowly in the last few years. Despite this slow rise, median home sales prices in Fairfield County remain 15% below the peak of the market just over a decade ago, leaving many upside down, and foreclosures and short sales continue. Fairfield County Short Sale […]

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Hamden, Connecticut foreclosures and short sales soar again in 2018!

Like most Connecticut towns, Hamden real estate prices have been rising slowly in the last few years. Despite a third year of rising prices in 2018, the median home sales price in Hamden, CT remains 25% below the peak of the market just over a decade ago, and foreclosures and short sales rage on.Hamden, Connecticut […]

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Will Bridgeport real estate ever recover? Despite small gains, prices still 40% below peak!

When the Connecticut real estate market crashed – Bridgeport sure crashed HARD! Like most Connecticut cities, Bridgeport real estate prices have slowly begun trending up in recent years. Despite small gains, prices still hover almost 40% below the peak prices of 2006, and foreclosures and short sales rage on.Bridgeport, Connecticut Real Estate Market Report 2018:Bridgeport […]

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One in every six Connecticut home sales still a foreclosure or short sale

short sales and foreclosures in CT

16% of all homes sales in Connecticut are short sales or REO sales (bank-owned foreclosure). Despite improving market conditions for Connecticut sellers over the last several years, plenty of distress properties still remain in the market:While buyer demand continues to rise and inventory is low, prices have only slightly improved over the last several years. […]

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Stratford CT home sales prices up for 6th year in a row!

2004-2018 stratford median sale price graph

​The Stratford, CT real estate market has been slowly recovering since 2012 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. Some towns have fared better than others. Stratford CT real estate sales […]

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