CT Market Trends Archives - Page 4 of 4 - Reid Real Estate Group

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One in every six Connecticut home sales still a foreclosure or short sale

short sales and foreclosures in CT

16% of all homes sales in Connecticut are short sales or REO sales (bank-owned foreclosure). Despite improving market conditions for Connecticut sellers over the last several years, plenty of distress properties still remain in the market:While buyer demand continues to rise and inventory is low, prices have only slightly improved over the last several years. […]

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As CT home marketing times fall to decade low, sales prices head up in 2017!

The Connecticut real estate market has been very slow to recover since crashing about a decade ago. The last few years seem promising as continued buyer demand, coupled with decreasing home inventory have led to CT single family homes selling faster and prices finally moving upward. 2017 saw home marketing times fall to a decade low […]

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What’s the average time it takes for a CT home to sell?

Connecticut probate sale questions

Many Connecticut home sellers are under the impression that it should take a long time to sell….that most sellers sit on market for a very long time. The current average days on market for homes that are currently listed in Connecticut (read: NOT sold) is in fact 135 days. However, the average days on market for […]

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