Eastern Connecticut real estate sales up, prices flat

The number of single family sales in New London and Windham Counties increased 15% during the third quarter of 2015 compared to the third quarter of 2014. Prices were flat, however, with the average price declining 0.5% and the median price declining 0.2%.  Continuing of foreclosure sales and the region’s economy explain the flat values, but the continued improvement is sales show that buyers are aware that low interest rates and prices make now the time to buy.

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Complete data for single family home sales for the third quarter along with data for condominiums, mobile homes, land and multifamilies can be found on the Market Statistics page of the ECAR web site. You can link to the Market Statistics page here.