Tag Archives for " CT Market Trends "
May 9, 2022
CONNECTICUT SPRING MARKET RAGES HOTTER THAN EVER!
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 […]
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March 7, 2022
Foreclosures start to creep back into the Connecticut real estate market…
In March 2020 as part of the CARES ACT a moratorium on foreclosures on all federally backed loans in the USA due to the covid-19 pandemic. The moratorium was subsequently extended multiple times until its final expiration 17 months later in July 2021. August 2021 marked the return of most foreclosures. the CT foreclosure market […]
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February 7, 2022
Connecticut housing starts of 2022 with another solid sellers market!
January 2022 Connecticut Market Conditions:The last few years have been a huge win for sellers in Connecticut, and 2022 is starting off with more of the same! January Home Sale Prices:Prices YTD rose 5% over 2021.The median home sale price rose 5% year over year to $300,000 in 2022. January New Listings:New listing inventory is […]
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January 11, 2022
Want to know the very best time to sell your CT home?
“When is the very best time of year to sell my home?” When given the luxury of selling your home at any time of choosing, my answer is always the same: List your Connecticut home in spring – March to May. The most active season with the most opportunity to get in front of CT buyers is […]
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January 3, 2022
State of the market: 2021 Connecticut Real Estate in Review
2021 was fantastic year for Connecticut sellers as they saw home sale prices skyrocket, in another record setting year! A look at the market of 2021:CT MARKET REVIEW 2021 CT Home Sale PricesHome sale prices are up 30% over the last decade and are currently at an all time median high of $310,000. Sales volume […]
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November 15, 2021
Is the Connecticut market shifting?
Are we finally starting to head towards a buyers market in Connecticut? The market is certainly starting to shift. Inventory across the country is picking up, while buyers have grown weary of the endless bidding wars. What goes up must come down!Connecticut median home sale prices have dropped again, for the fourth month in a […]
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October 18, 2021
TROUBLE AHEAD FOR THE CT MULTIFAMILY MARKET!
What goes up must come down! All Connecticut sellers have had a few years to enjoy strong price growth and buyer competition, including multifamily sellers, but what’s up ahead?Sellers of multifamily properties have seen their median sale prices at record highs approaching $300,000! Homes are also selling faster than ever, at a median marketing time […]
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October 8, 2021
Connecticut home sale prices continue to fall and short sales and foreclosures return to market!
Its been a great year for Connecticut sellers, but are things about to take a nosedive? While 2021 overall has seen record sale prices and marketing times, a look at the last few months tells a different story!THE GOOD NEWS: The average sale price of a CT home in 2021 is currently $306,000 – an […]
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September 2, 2021
Connecticut Real Estate Market starts to slip! Is it seasonal or a sign of what’s to come?
What’s happening with the Connecticut housing market?Sellers have enjoyed years of endless price gains and competing buyers…but is the tide turning? Connecticut home sale prices dropped 2% in August, to a median of $325,000, down from the record highs reached in the early summer! While homes are still selling very quickly at just 21 days […]
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July 5, 2021
CT Real Estate Report: Will the market crash in 2021?
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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