Connecticut real estate market off to strong start in 2020! - Reid Real Estate Group

Connecticut real estate market off to strong start in 2020!

Connecticut sellers are enjoying the start of what appears to be another great year!

While homes are staying on market for a median of 66 days which is a little longer than the last few years, inventory is down and most importantly, PRICES ARE RISING!

Home sale prices in 2020 are up almost 10% over the prior year at a median of $235,000:

chart of CT home sale prices

With the best selling season of the year just getting underway, this is sure to be a fantastic spring for Connecticut home owners! 

Last Updated on March 2, 2020 by Minna Reid

Minna Reid

Minna Reid is The 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.

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