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Home Sales

Bridgeport Named One Of Nation's Hottest Real Estate Market; Trails Another CT City: Report Bridgeport Named One Of Nation's Hottest Real Estate Market; Trails Another CT City: Report
Bridgeport Named One Of Nation's Hottest Real Estate Market; Trails Another CT City: Report With home sales surging across the country, one Connecticut city was named the nation's hottest housing market once again, according to a new report. Two others made the top 20.  Hartford earned the top spot for February 2025 after seeing a jump in interest from buyers looking to move there, Realtor.com reported. The site credited the historic city's strong job market and high-quality schools as key factors driving the renewed demand. The median price for a Hartford home hit $434,000 in February, rising 6.6 percent compared to last year, Realtor.com reported. Despite higher prices, lis…
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …
These Fairfield County Zip Codes Among Top 100 Most Expensive In US: New Rankings These Fairfield County Zip Codes Among Top 100 Most Expensive In US: New Rankings
These Fairfield County Zip Codes Among Top 100 Most Expensive In US: New Rankings Connecticut is well-represented in brand-new rankings of the nation's 100 most expensive zip codes. Property Shark says it based the rankings on median sale prices based on closed home sales. The neighborhood of Riverside (zip code 06878) in Greenwich is No. 1 in Connecticut at $2.51 million for 53rd overall. Greenwich (06830) ranks 64th at $2.27 million. Old Greenwich (06870) checks in at No. 80 at $2.09 million. One other Connecticut municipality made the Top 100 -- No. 99 Darien (06820) at $1.92 million. No. 33 Nantucket (02554) leads New England real estate at $2.9 million. Ne…
Home Sales Down, Prices Up Along Fairfield County's Gold Coast Home Sales Down, Prices Up Along Fairfield County's Gold Coast
Home Sales Down, Prices Up Along Fairfield County's Gold Coast Home sales are down and prices are up along Fairfield County's Gold Coast due to a lack of inventory over the past few years. The areas most affected by the challenges included Darien, New Canaan, and Rowayton markets, according to Houlihan Lawrence Real Estate Brokerage. A report released on Tuesday, Jan. 9, said despite the sales decline, median sale prices increased in all three markets by nine percent on average, offering sellers favorable returns. “Amidst the inventory scarcity, we continue to benefit from the diverse offerings of recreation, cultural amenities, and vibrant …
These Zip Codes In Northeast Among Top 10 Most Expensive In US, New Report Says These Zip Codes In Northeast Among Top 10 Most Expensive In US, New Report Says
These Zip Codes In Northeast Among Top 10 Most Expensive In US, New Report Says Four zip codes in the Northeast rank in the Top 10 for most expensive in the United States, according to a brand-new report. The rankings, published by CNBC, were determined by median home sale prices. Three of those four zip codes are on the east end of Long Island, led by No. 2 Sagaponack (11962), which the report says has a median home sale price of $6,972,500, behind only No. 1 Atherton, California (94027), which is $9 million. The other zip codes in the Hamptons making the Top 10 were Water Mill (11976) and Bridgehampton (11932). The other Northeast zip code on th…
Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says
Fairfield County Ranks As 'Undervalued' For Home Prices, New Report Says Homes in some regions in Connecticut are being considered “undervalued” amid the current housing bubble, according to a new Fortune Magazine report. Fortune studied home price growth, which is wildly outpacing income growth across the country, with areas in Connecticut considered “overvalued" or “undervalued.” Specifically, in Fairfield County, Bridgeport, Stamford, and Norwalk were considered undervalued. Also undervalued for housing are Hartford, East Hartford, and Middletown, the report said. New Haven County and Milford were rated as “normal,” with no other areas highlighted by the …