SPRING 2022 REAL ESTATE MARKET REPORT:
HOME SALE PRICES CONTINUE TO SOAR!
April 2022 was no exception, with median sales prices at a record high of $$325,000!
THE INVENTORY SQUEEZE CONTINUES!
New listings are down again since spring 2021. Lack of inventory continues to keep demand at an all time high as buyers continue to compete for fewer and fewer homes.
SHORT SALES AND FORECLOSURES ARE BACK!
After a 1.5 year moratorium, foreclosures are back again. Market share of short sales and foreclosures are increasing, and will reach a "normal" rate at some point soon.
WHAT COULD YOUR CT HOME SELL FOR TODAY?
Find out what the market changes mean for you and your home sale!
Last Updated on May 9, 2022 by Minna Reid