First Quarter 2017 Connecticut Market Report

April 13, 2017

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.

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© 2020 by Judy Meucci

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