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Housing sales continue to increase in CT, but prices are out of reach for some buyers

Housing sales continue to increase in CT, but prices are out of reach for some buyers Alexander Soule FacebookTwitterEmail 1of8 A Gray Lane home in Westport, Conn., which sold for $10 million in late June 2021, $900,000 less than what the property s prior owner sought last September but about $4.4 million more than its purchase price after it was built in 2018.Alexander SouleShow MoreShow Less 2of8 An Arcadia Road house in Greenwich, Conn., which was sold the last week of June 2021 for $1.16 million, $10,000 above its original listing price.Alexander SouleShow MoreShow Less 3of8 4of8 A Van Rensselaer Avenue home in Stamford, Conn., purchased for $1.4 million on June 30, 2021.Alexander SouleShow MoreShow Less

Housing sales continue to increase in CT, but prices are out of reach for some buyers

Housing sales continue to increase in CT, but prices are out of reach for some buyers
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Want to buy a waterfront home in Connecticut? Join the crowd

Want to buy a waterfront home in Connecticut? Join the crowd Alexander Soule FacebookTwitterEmail A Compo Beach home under construction in May 2021 in Westport, Conn. Waterfront homes have ebbed in the spring of 2021, due to heavy demand during the COVID-19 pandemic.Alexander Soule/Hearst Connecticut Media Connecticut homeowners flooded the real estate market with waterfront homes last year, but the market for those properties has tightened considerably in 2021. In the past six months, roughly 1,500 homes have sold in Connecticut that sellers describe as including waterfront about 840 fewer than between May and October of 2020 according to Zillow data analyzed by Hearst Connecticut Media.

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