You can get a FREE report with all YOUR TOWN'S real estate sales info and trends. Visit https://robertrosa.bhhsneproperties.com/market-trends Connecticut 2017 Year End Market Report Summary Connecticut sales were down by 1.99% in the fourth quarter, however, average price increased by 6.76% to $344,218. Days on market for both single family homes and condominiums increased by 9.41% and 2.13%, respectively during this fourth quarter. Condominium sales surged in Windham, Middlesex, Hartford and New Haven Counties with corresponding increases in pricing – showing demand for lower maintenance living across the state. New building permits continue to decrease, with 10.87% fewer permits issued as of November 2017 when compared to 2016. Types of permits are still split evenly between single family homes and buildings with 5 or more units. Luxury home sales – those sold for over $2 million – saw continued increases with 7.83% more sales (115) in the 4th quarter when compared
This blog helps people obtain truthful and helpful information about real estate whether they want to buy, sell, lease, rent or start a career.