20 cities with year-over-year price decreases
-28.0%
Biggest Drop
-10.1%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Heritage Village | -28.0% | $280K | 80 days | 4.5 mo |
| 2 | Cheshire Village | -22.8% | $409K | 61 days | 1.5 mo |
| 3 | Stafford Springs | -22.6% | $240K | 23 days | 0.8 mo |
| 4 | Essex Village | -20.5% | $755K | 70 days | 1.8 mo |
| 5 | New London | -13.7% | $260K | 53 days | 1.7 mo |
| 6 | Norwalk | -11.5% | $575K | 33 days | 1.1 mo |
| 7 | Thompsonville | -11.0% | $325K | 43 days | 2.8 mo |
| 8 | New Britain | -10.6% | $287K | 39 days | 1.6 mo |
| 9 | Oronoque | -10.0% | $395K | 40 days | 2.9 mo |
| 10 | Manchester | -9.7% | $280K | 22 days | 1.1 mo |
| 11 | Watertown | -9.1% | $375K | 55 days | 1.1 mo |
| 12 | Wethersfield | -7.9% | $369K | 27 days | 1.6 mo |
| 13 | Colchester | -7.1% | $423K | 41 days | 0.7 mo |
| 14 | Torrington | -4.2% | $275K | 56 days | 2.0 mo |
| 15 | Higganum | -3.7% | $515K | 43 days | 1.2 mo |
| 16 | Stamford | -2.8% | $660K | 43 days | 1.2 mo |
| 17 | Kensington | -2.8% | $406K | 37 days | 1.9 mo |
| 18 | East Haven | -2.1% | $355K | 53 days | 2.0 mo |
| 19 | Danielson | -1.6% | $315K | 83 days | 1.4 mo |
| 20 | Ansonia | -1.3% | $350K | 25 days | 1.7 mo |
20 cities in Connecticut are experiencing year-over-year price declines. The largest drop is in Heritage Village at -28.0%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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