Tag Archives for " CT Market Trends "
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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May 19, 2021
Another record breaking month for CT sellers!
The Connecticut spring market is in full force! Buyers continue to compete over limited home inventory, pushing prices ever higher!Connecticut home sale prices reached a record median high of $305,000 in April 2021 – the strongest April on record ever, and a 25% jump in a year: Homes are moving faster than ever! Homes in CT […]
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April 19, 2021
Connecticut sellers market rages on, but is the bubble getting ready to burst?
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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March 8, 2021
Connecticut sellers see 2021 start off with a bang! Home sales prices reach new record high!
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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January 13, 2021
Connecticut Real Estate Market sets new record highs in 2020!
It’s been a long road to recovery in Connecticut! Well behind other states, real estate prices in CT have taken over a decade to recover, but we are finally there and onto a new high!Home sales prices in CT reached a new record high of $279,900 in 2020!Homes sold in a median of 40 days, […]
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December 11, 2020
Connecticut sellers market continues, but prices soften toward year end…
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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September 7, 2020
Connecticut home sale prices finally recover from bust of great recession!
It took 13 long years, but Connecticut home sale prices have finally returned to the peak of the last market cycle in 2007! The median home sale price in Connecticut in 2020 so far is $270,000! Connecticut is one of the last states in the nation to finally get back to pre-bust pricing. But what’s […]
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