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Hamden, Connecticut Real Estate Market Report: 2019 starts with some rough surprises for Hamden sellers: FIND OUT WHAT YOUR HAMDEN HOME COULD SELL FOR!
Continue readingAfter many years of uncertainty, Hamden sellers see home marketing times drop to a record low and prices rise to a 5 year high in 2018!Hamden, CT Residential Home Sales Prices and Marketing Time:As 2018 draws to an end, Hamden homeowners have enjoyed another year of quickly improving selling conditions. Median home marketing time is […]
Continue readingLike most Connecticut towns, Hamden real estate prices have been rising slowly in the last few years. Despite a third year of rising prices in 2018, the median home sales price in Hamden, CT remains 25% below the peak of the market just over a decade ago, and foreclosures and short sales rage on.Hamden, Connecticut […]
Continue readingHamden, CT 2018 short sale and foreclosure report: One in every seven new listings this year in Hamden is a short sale or REO sale (bank-owned foreclosure). Despite improving market conditions for Connecticut as a whole, distress inventory remains a staple in the Hamden market.With the rate of newly listed foreclosed homes (REO) dropping a […]
Continue readingHamden CT: 2017 closed with single family sales prices up to a 3 year high, and with the gap between listing and closing prices dropping to a 3 year low. Homes in Hamden are selling for more and sellers are taking the lead in negotiations:With buyer demand increasing for several years as inventory dwindled, we […]
Continue readingHamden, CT: As the slowest real estate season of the year approaches, listing prices start to drop and home marketing times skyrocket: Hamden, CT: As the slowest real estate season of the year approaches, listing prices start to drop and home marketing times skyrocket: In a recurring yearly cycle, Hamden real estate sales peak in […]
Continue readingHamden, CT 2017: One in every seven home sales in Hamden is a short sale or REO sale (bank-owned foreclosure). Despite improving market conditions for Hamden homeowners, distress inventory remains a staple in the market:While marketing time on Hamden homes are down and prices are improving, most foreclosures and short sales today are the result […]
Continue readingHamden, CT short sales still running steady in 2017. After peaking in 2013 where short sales made up 7% of residential sales, short sales in Hamden have dropped to a more steady average of 3-4% of all sales for the past several years, accounting for 20-30 of all home sales yearly:Hamden, along with most of Connecticut […]
Continue readingWhile many towns are seeing upward movement so far in 2017, Hamden does not currently to be enjoying the same, or at least not yet: With an average sales price at a 5 year low at $177,935 and no improvement in the number of days to sell, Hamden is off to a slow start. It […]
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