• The Coastal Connecticut single-family luxury market is a Seller’s Market with a 44% Sales
• The Coastal Connecticut single-family luxury market is a Seller’s Market with a 44% Sales Ratio.
• Homes sold for a median of 103.62% of list price in April 2022.
• The most active price band is $1,400,000–$1,499,999, where the sales ratio is an impressive 123%, indicating strong competition among buyers.
• The median luxury sales price for single-family homes is $1,700,000.
• The median days on market for April 2022 was 23 days, down from 48 in April 2021, showing increased buyer demand and quicker sales.
• Overall, the Coastal Connecticut luxury market continues to favor sellers, with low inventory, strong pricing, and faster transactions creating an ideal environment for listing high-end properties.
Hello, my name is Steve Schappert. I am the Connecticut Real Estate Broker. I treat people honestly, look them in the eye and ask for their trust. Then day after day I earn it. All the fan fair and hype doesn’t sell houses, listening sells houses. Listening to your client’s wants and needs and helping them make difficult choices. I do this by providing enough solid data that allows the head and heart to agree. I use a more personal approach. Empathy, thoughtfulness, understanding, and the ability to put my clients’ needs ahead of my own are the key to my success. I am now building a team that has the same beliefs. I am hiring Connecticut real estate agents and referral agents all over the world to handle the leads from our new division, RealEstateandRelocation.com. You need more than a real estate agent to buy real estate, so we have created a group of teammates that we are constantly adding to. Call or text my cell 24/7 860-880-0574
New Luxury Listings in Coastal Counties $500,000-$750,000
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