Last Updated on
New Haven County, CT 2017: One in every five home sales in New Haven County remains a short sale or REO sale (bank-owned foreclosure). Despite improving market conditions for New Haven County homeowners, distress inventory remains a staple in the market:
While buyer demand stays strong, prices have only slightly improved over the last five years. Recovery in New Haven County has been particularly slow, leaving many of these homeowners owing more than their homes are worth, and without many options if they need to sell, leading to the continued high rate of foreclosures and short sales in New Haven County, CT.
New Haven County includes Ansonia, Beacon Falls, Bethany, Branford, Cheshire, Derby, East Haven, Guilford, Hamden, Madison, Meriden, Middlebury, Milford, Naugatuck, New Haven, North Branford, North Haven, Orange, Oxford, Prospect, Seymour, Southbury, Wallingford, Waterbury, West Haven, Wolcott and Woodbridge.