Property for sale in Connecticut
The state of Connecticut perfectly represents the charm of New England, a region of six states on the Atlantic coast of the United States. The real estate market in Connecticut is very prosperous. Among the most sought-after locations for property for sale in Connecticut are Greenwich, Darien, New Haven, Hartford, Westport, New Canaan, and Bridgeport. Just Greenwich had the exclusive right to have sold the most expensive single family home in the United States. Greenwich, moreover, is famous for hosting many Wall Street executives and their yachts, therefore boasting one of the richest districts in the United States with numerous luxurious houses, apartments and properties for sale in Connecticut. Yet the richest city in Connecticut is New Canaan. This picturesque city features green parks and typical New England buildings, as well as great restaurants and classy shops. The city of Westport is very popular with many artists and writers and it is known for its music venues, art galleries and antique shops. Hartford, capital of the state and city of the famous writer Mark Twain, is a sophisticated urban centre that offers luxury condominiums, apartments in skyscrapers and mansions. The same can be said for the city of New Haven, home of Yale University. In Connecticut the distinct urban sophistication blends with the elegance of the countryside. Its hills with bucolic pastures, its enchanting waterfront and its proximity to the cities of Boston and New York City make Connecticut the ideal place to purchase a property for sale in Connecticut.
Properties for sale prices in Connecticut continued to rise this quarter, confirming the interest in truly extraordinary properties. Fairfield County home prices rose to almost $ 3.6 million, an increase of 5% year-on-year. The cities of Greenwich and Fairfield saw an increase in total sales of over $ 2 million, while the rest of the state saw a 9% decline in sales of single-family homes in this price range.
The biggest gains year-on-year are in the cities of East Windsor, Greenwich, New Haven, Simsbury and Westport.
The third quarter will be a real test for the real estate market in 2018 and any increase in offers would help keep up with buyer demand in the competitive market.
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