Market Update May 13, 2020

Kathy Morehead

(203) 675-2089

Reach out if there is anything in the world I can do for you.

This Week's Featured Listing

Great investment opportunity!

942 State Street

New Haven

$685,995

Property is fully rented and generating strong income with future years even more profitable with a cap rate north of 7.6%+. The property consists of a stable commercial unit on the first floor committed to a 5-year lease with annual increases in rent. There are also 3 residential units ranging from a spacious 3-bedroom unit to a chic 1-bedroom carriage house that embodies the life of downtown living. Nestled in the heart of East Rock

Call me for more information.

It appears that things are very slowly starting to open back up again around Connecticut. Click here to read about some of the businesses that will be opening back up, as well as what type of guidelines and restrictions will be required during this time.

Active Listings

New Haven

North Haven

North Branford

Branford

Cheshire

Wallingford

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5/6/2020- 5/12/2020

Market Statistics

(Single Family Homes & Condos)

New Listings:

New Haven County: 193

Middlesex County: 56

Hartford County: 235

Closed Listings:

New Haven County: 125

Middlesex County: 30

Hartford County: 160

Here is this week's general county statistics, as you can see the market is still pretty strong. If you would like more information that is specific to a certain town, send me a quick email , and I will get you that information.

Please let me know if there is anything I can do for you or someone you care about! My goal is to be a source of information, a voice of reason, and a knowledgeable professional, when you need one.

Thank you for your time today

I look forward to working with you in the future…

Kathy Morehead

When You Expect MORE from

your Realtor

Phone: (203) 675 2089

www.KathyMorehead.com