FIRST QUARTER 2016 BY THE NUMBERS
• Single family homes in Connecticut saw increases in both number of sales and sales volume YOY by 17.28% and 10.59% respectively.
• The condominium market also saw an increase in both number of sales and sales volume YOY 6.87% and 5.09% respectively.
• Average price for single family homes decreased 5.70% and condominiums decreased slightly by 1.66% YOY. Average days on market for single family homes was 154, up 1.39% from Q1 2015 while condominiums were 147, down 1.58%.
• Sales $2-3 in Q1 2016 were the highest with 48 units sold