Berkshire Hathaway HomeServices New England Properties Releases Third Quarter Market Report for 2015
Wallingford, CT – Berkshire Hathaway HomeServices New England Properties has released the Third Quarter 2015 Connecticut Market Report, a valuable resource for anyone looking to buy or sell a home. The report examines the single family and condominium markets throughout Connecticut and is an in-depth analysis of sales and emerging trends in the market.
The third quarter saw a decrease in pricing but a jump in the number of single family home sales when compared to the last quarter with 9,242 sales – up 14.1% and a decrease in the number of days on the market. Condominium sales also experienced a jump with 2,227 sales – up 13.1%, but experienced a decrease in pricing and remained flat in the number of days on market. Pending sales are up for both single family homes and condominiums, 5.1% and 18.2% respectively. The number of luxury sales statewide remained flat year over year, however, there was an increase in sales volume due to an 18.8% increase in sales in the $3 – $5 million range and 14.3% in sales over $5 million.
Please contact Meghan Finley at 860-571-7065 to schedule an interview with President and CEO Candace Adams regarding the Third Quarter 2015 Connecticut Market Report.
Berkshire Hathaway HomeServices New England and Westchester Properties is a leading real estate brokerage firm with over 1,600 REALTORS® in Connecticut, Rhode Island, and Westchester County, NY. Selectively chosen by Berkshire Hathaway HomeServices and HomeServices of America; the global reach, financial strength and fresh brand make Berkshire Hathaway HomeServices New England and Westchester Properties the premiere real estate firm in the Northeast. Whether it be residential, commercial, corporate relocation, equestrian or waterfront living, our company and REALTORS® are local market experts committed to providing exceptional service to our clients. For more information, visit www.bhhsNEproperties.com.