October 25, 2018

Woodbridge, CT: After finally bottoming out in 2016 at a median of $362,000, Woodbridge home sale prices have been quickly heading up in the past two years!

As 2018 nears an end, Woodbridge home sale prices have reached a 7 year high at $411,875:

This is certainly great news for Woodbridge sellers! However, for those who bought or refinanced their homes near the peak of the market, prices are still far below the last peak. Though upward movement has been consistent, many still struggle with negative equity. There are certainly options for those who need to sell but lack the equity to get out of the loan.

Last Updated on October 25, 2018 by Minna Reid

About the author 

Minna Reid

Minna Reid is The Broker - Owner of Reid Real Estate Group. Reid Real Estate Group is a full-service Connecticut residential real estate brokerage, specializing in helping homeowners with legal and financial challenges including short sales, probate sales and tax lien complications.

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