We provide an in-depth look at how our markets are performing on a quarterly basis.
Our quarterly Market Watch reports offer a comprehensive picture of the residential real estate markets we serve in Connecticut, New York, and Western Massachusetts. These reports serve as an invaluable resource for consumers, real estate professionals, financial institutions, the media, and anyone else interested in the housing market.
Our housing markets have consistently shown growth in closed sales volume for several quarters now. For the first half of 2025, our markets are firmly ahead in closed volume versus the same timeframe last year in most areas. There is also an uptick in inventory in many areas. While our markets have suffered from an inventory drought for years now, total standing inventory units now are inching ahead across several territories. Year to date, unit sales have risen in most markets as well compared to the first half of 2024.
The first quarter of 2025 saw a continuation of the increasing closed dollar volume we saw each quarter throughout 2024 compared to the same periods the year prior. Quarterly increases in closed units also persisted through the first quarter, leaving several markets firmly ahead of 2024 year to date with a handful of territories either flat or slightly behind last year. New listings taken slipped behind this quarter last year in some territories while staying relatively flat in others while, dollar volume in new listings continued to increase in most areas, a representation of increasing price points.
