Which CT Homes Have Appreciated the Most?

By
Real Estate Broker/Owner with Dave Jones Realty, llc. 0789397

Which Homes Have Appreciated the Most? | Keeping Current Matters

CT home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that CT home prices have increased by 6.9% year-over-year.

The CoreLogic report broke down appreciation even further into four different price categories:

  1. Lower Priced CT Homes: priced at 75% or less of the median
  2. Low-to-Middle Priced CT Homes: priced between 75-100% of the median
  3. Middle-to-Moderate Priced CT Homes: priced between 100-125% of the median
  4. High Price CT Homes: priced greater than 125% of the median

Here is how each category did in 2016:

Which Homes Have Appreciated the Most? | Keeping Current Matters

Bottom Line

The lower priced CT homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum. Contact a Real Estate professional l from Dave Jones Realty who can assist with all of your Real Estate needs!

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Topic:
Real Estate Industry
Location:
Connecticut New Haven County
Tags:
ct homes
ct real estate
ct homes for sale
ct real estate market
ct home values
ct home
dave jones realty
ct real estate industry
ct real estate in 2017

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