Hamden, CT Real Estate Report: Market just keeps getting hotter! - Reid Real Estate Group

Hamden, CT Real Estate Report: Market just keeps getting hotter!

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More good news for Hamden, CT home owners! 2019 is another year of record growth as prices continue to rise!

Home sales prices have grown another 6% year to date 2019 over 2018 and are currently at a 5 year high at $203,200:

graph of Hamden median sales price

With buyer demand continuing to exceed the supply of available homes, Hamden home inventory has fallen to a 5 year low of just 3 months:

graph of Hamden months of inventory Aug 2019

It is truly a sellers market in Hamden, CT!

Connecticut is certainly taking a very long time to recover from the housing bust over a decade ago, but things are moving in the right direction! You never know what tomorrow may hold, so if you've been waiting for the right time to sell your Hamden home, this would certainly be it! 

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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