Woodbridge home sales prices up in 2017! - Reid Real Estate Group

Woodbridge home sales prices up in 2017!

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Woodbridge home sales prices are up 7% in 2017!

Despite an overall trend of Woodbridge homes selling faster since 2012, the Woodbridge market has proved unsteady, with the median sales price actually bottoming out in 2016 - many years behind other CT towns:

The median sales price has finally started to move up again 2017, reaching a median of $387,555, up 7% over the previous year. 

Although 2017 has certainly proved to be a promising year for Woodbridge homeowners, upward movement has been very slow leaving many homeowners still struggling with negative equity. There are options for those who need to sell, but lack the equity to get out of the loan. And for those who have the time to wait it out - looks like things are headed your way!

Minna Reid

Minna Reid is 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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