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Welcome to Berkshire Hathaway HomeServices New England Properties’ Third Quarter Connecticut Market Report, our examination of the single family and condominium markets in Fairfield, Hartford, Litchfield, Middlesex, New Haven, New London, Tolland and Windham Counties.
The Connecticut housing market showed consistency year over year with 8,461 closed sales, with single family home average and median prices remaining flat or slightly declining. Days on market have decreased, while supply has increased, creating a perfect environment for buyers.
As we look to the last few months of 2014, we anticipate that national economic trends will influence pricing and buyer confidence. With still-low interest rates, an abundance of supply, and stabilized pricing, the remainder of 2014 proves to be a promising buyer’s market.
At Berkshire Hathaway HomeServices New England Properties, our mission is to provide an unparalleled customer service experience throughout all aspects of the home transaction process. If you have any questions regarding this report, Berkshire Hathaway HomeServices New England Properties Realtors are here to help you navigate the current market with expert knowledge and exceptional service.
Berkshire Hathaway HomeServices New England Properties is one of the top real estate brokerage firms in CT. More than 1600 CT Realtors work to sell homes and find homes throughout CT, MA and RI resulting in a high volume of real estate sales dollars in CT. All Connecticut CT residential properties and commercial real estate for sale can be viewed on bhhsneproperties.com and our CT real estate agents are available to show every residential and commercial property listed on MLS. Contact a Berkshire Hathaway HomeServices New England Properties real estate agent today. Specializing in Connecticut real estate, homes for sale, condos, apartments, and houses for rent.
Berkshire Hathaway HomeServices New England Properties is the trade name of CTRE, LLC, and is licensed in Connecticut, Massachusetts, New York and Rhode Island.
MLS information last updated 10/31/2014 2:04:00 PM
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