Top Mega Teams in Connecticut – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Team AFAWilliam RaveisSouthport, CT$268,621,510View Profile
    2The Vanderblue TeamHiggins Group Private BrokerageFairfield, CT$206,016,442View Profile
    3The One Team at William Raveis Real EstateWilliam RaveisGuilford, CT$205,180,458View Profile
    4Brooke GroupeXp RealtySimsbury, CT$173,440,347View Profile
    5Next Level TeamRE/MAX OneUncasville, CT$153,746,021View Profile
    6Lisa Cozzi TeamBerkshire Hathaway Homeservices New England PropertiesGlastonbury, CT$37,777,917View Profile
    7Rob Rosa TeamBerkshire Hathaway Homeservices New England PropertiesBerlin, CT$26,522,351View Profile

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    2023 Connecticut Housing Market Summary

    Connecticut started 2023 with a total of 2,719 single-family homes on the market, with a median home price of $498,600 and an average price per square foot of $325. By the end of the year, inventory had decreased to 2,432 homes on the market (-10%), with a median home price of $549,000 (+10%) and an average price per square foot of $331 (+1%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 63 days.

    Connecticut started the year with 28% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 27% of Connecticut homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Connecticut started 2023 as a strong seller’s market, with an MAI score of 49; by the end of the year, the MAI had dropped to 43 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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