Just like our clocks this weekend in the majority of the country, the CT housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the Connecticut market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.

CT buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn’t happened this year.

Demand for CT housing has remained strong as mortgage rates have remained near historic lows.

The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2016 in CT all fell in April, May or June.

Those who act quickly and list now could benefit greatly from additional exposure to CT buyers prior to a flood of more competition coming to the Connecticut market in the next few months.

Bottom Line

If you are planning on selling your home in 2017, meet with a real estate professional from Dave Jones Realty to evaluate the opportunities in the CT market!