FIRST QUARTER 2017 BY THE NUMBERS
• Single family home sales in the $2-$3 million range increased by 26.2% year over year. Total sales over $2 million outpaced the last quarter of 2016 which contradicts seasonal trends.
• Average price increased by 3.1% when compared to the first quarter of 2016 across the state to $359,800.
• Condominium sales rose most notably in Middlesex, Fairfield and New Haven Counties by 16.2%, 13.0% and 10.2% respectively.
• Every county had an increase in the number of single family home sales this quarter. Overall 5,803 homes were sold compared to 5,569 in 2016.