Connecticut Housing Market
Home prices in Connecticut were up 11.3% year-over-year in April. At the same time, the number of homes sold rose 2.6% and the number of homes for sale fell 13.2%.
Home prices in Connecticut were up 11.3% year-over-year in April. At the same time, the number of homes sold rose 2.6% and the number of homes for sale fell 13.2%.
What is the housing market like right now?
The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The median price of a home in the United States is currently $423,200.
Are there enough homes for sale to meet buyer demand?
The direction and pace at which housing supply changes indicate whether the options for buyers are increasing or decreasing. They can also indicate whether homes are lingering on the market or being sold faster than sellers are listing them. There are currently 8,282 residential homes for sale in the United States.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 6,200 | ||
2 | 5,600 | ||
3 | 5,500 | ||
4 | 5,300 | ||
5 | 5,200 | ||
6 | 4,600 | ||
7 | 4,200 | ||
8 | 4,000 | ||
9 | 3,600 | ||
10 | 3,600 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 33,800 | ||
2 | 31,000 | ||
3 | 26,700 | ||
4 | 19,400 | ||
5 | 15,200 | ||
6 | 9,900 | ||
7 | 6,200 | ||
8 | 4,300 | ||
9 | 3,400 | ||
10 | 2,100 |