Second Quarter 2016 Connecticut Market Report

July 19, 2016

 

SECOND QUARTER 2016 BY THE NUMBERS

 

• Single family homes in Connecticut saw a 9.4% jump in sales year over year and a slight increase in sales volume by 0.13%.

 

• The condominium market saw an increase of 2.03% in number of sales year over year but sales volume went down 3.62%.

 

• Average price for single family homes decreased 8.48% and condominiums decreased by 5.54% year over year. Average days on market for single family homes and condominiums remained flat.

 

• Sales $2 - $3 million jumped from 48 units in First Quarter 2016 to 101 units, a 52% increase. There were 163 total sales over $2 million dollar during Second Quarter 2016 versus 100 sales in First Quarter 2016

 

 

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