CT Market Trends Archives - Reid Real Estate Group

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Connecticut Real Estate Market Report: With year half over, what’s up next?

Sellers are enjoying another year of record price gains, as buyers continue to compete for limited inventory, but how long can it all last? Connecticut home sale prices are up to a new record, reaching a $335,000 in June 2021:Homes are still selling faster than ever! Homes are currently selling in a median of 17 […]

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Connecticut sellers market rages on, but is the bubble getting ready to burst?

CT sellers market bubble

Connecticut home sellers have been watching their home values reach records over the past few years and even into 2021, but how long can it all last?Connecticut Home Sale Prices 2021: The year median home sale price to date in 2021 is $285,000, a record high and a 30% increase in the last decade. Certainly […]

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Connecticut sellers see 2021 start off with a bang! Home sales prices reach new record high!

ct market condition report

Connecticut home sales hit a new peak so far in 2021 with a YTD median sale price of 285,000! Not only is this a new all time high median sale price, but homes are selling for 20% more than they did in the same period just a year ago! With spring selling season just around […]

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Connecticut sellers market continues, but prices soften toward year end…

ct home sale prices falling

It’s been a crazy year in the Connecticut real estate market! Endless buyer demand and rising prices have led to a phenomenal year for sellers! But while home sale prices reach a record high in September, the final quarter of 2020 shows some decline… Connecticut home sale prices peaked in September at $300,000 and have […]

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TOP 8 REASONS THE CONNECTICUT REAL ESTATE MARKET IS SET TO TANK!

ct market crash

The Connecticut market is still a raging sellers market, but for how much longer? The repercussions of the states economic shut down loom ahead and it doesn’t look promising! CT HOME SALE PRICES ARE STILL SKY HIGH!Connecticut home sale prices keep rising month after month! July 2020 sales prices were up 13% over July 2019 […]

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Connecticut home sales prices continue to soar, even as more inventory floods the market!

2020 has been a wild ride, and has certainly disrupted the local real estate market! The good news for Connecticut home owners is that this is certainly the time to sell! Even as more sellers decide to enter market, pent up buyer demand remains unsatisfied and homes are selling fast and they are selling for […]

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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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