Figures released by the Eastern CT Association of Realtors show that in eastern Connecticut, sales of condominiums outperformed nearly all other forms of real estate transactions (mobile homes being the only other performing sector) in first quarter comparison’s of 2011 to 2010.
While the real estate markets continue to be soft in various markets, these statistics show that in New London county, condominiums continue to outperform other forms of real estate both in terms of volume of sales and sales price.
With general real estate foreclosures falling by 38% across the state of Connecticut, now may be the best time to look for good values in the CT condominium market. Contact a real estate professional at condo4sale to find your condo today.
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