CT Market Trends Archives - Reid Real Estate Group

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As inventory squeeze continues, Connecticut home sale prices skyrocket!

Since late March, the coronavirus scare has led thousands of Connecticut sellers to choose not to list their home. This has caused an already tight inventory situation to careen out of control. As buyers compete over the very limited homes available to buy, sellers have enjoyed watching their home sale prices skyrocket!New listings in Connecticut […]

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After strong first quarter, future of Connecticut real estate uncertain…

ct real estate market update

After several years of strong gains, early 2020 started off with a bang with endless buyer demand and rising real estate sales prices! And then came COVID-19! Sales were stronger than ever through March with the number of home sales continuing to rise year after year:Sales prices were also headed way up, even well above the […]

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Connecticut’s most expensive towns see home sale prices fall since 2018!

While Connecticut as a whole has enjoyed rising home sale values for the last several years, the tide has changed for most of Connecticut’s most expensive towns! 9 of 10 of the state’s most expensive towns have seen their home sale prices fall continuously since 2018. Here are the ten most expensive cities in the […]

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STATE OF THE MARKET: 2019 Connecticut Real Estate Market Review

2019 was another excellent year for Connecticut sellers as prices kept rising and homes continued to get snapped up quickly. Get the scoop on what’s happening in the CT housing market!2019 Connecticut Real Estate Market Report Connecticut Home Sales:The number of homes sold in CT started rising sharply in 2015. 2019 was another solid year […]

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Will the Connecticut real estate market ever recover from the great housing bust?

CT RELA ESTATE MARKET RECOVERY

Many of today’s home buyers and sellers may not have directly experienced the last Connecticut housing bust almost a decade ago, or even realize we are still recovering. While the market is currently booming here in Connecticut, let’s take a look back at the turns and twists of the real estate market and where we […]

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Connecticut homes sell at record speed in 2018 and sales prices soar!

Connecticut has seen home inventory diminish with endless buyer demand in the past few years.So far in 2018, Connecticut median home marketing time dropped to just 33 days, and the median home sale price rose 5% over 2017 to $240,000:​CONNECTICUT RESIDENTIAL HOME SALE TREND:Connecticut’s real estate values have been much slower to rise than most of […]

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