March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Connecticut for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Connecticut where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Connecticut the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Connecticut, the hottest-selling market is Windham County, where the MarketPulse Score is 100 and the median sales price comes in at $344,500 with 78 homes sold.
On the flip side, Fairfield County sits at the bottom of the market with a MarketPulse Score of 90 with 374 homes sold.
Hottest Markets in Connecticut
1. Windham County. MarketPulse Score of 100
2. Tolland County. MarketPulse Score of 99
3. Hartford County. MarketPulse Score of 93
4. Middlesex County. MarketPulse Score of 93
5. Litchfield County. MarketPulse Score of 92
For more information about the Connecticut market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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