Realty3 CT Berlin Carroll & Agostini real estate agents in Berlin acknowledge that prices could continue to drop just slightly in coming months, but most CT real estate agents question just how much lower the prices of Berlin homes for sale could possibly go.
Worst is Over for Home Values in Berlin
With 4 real estate offices in CT; Berlin, Essex, Southington and Stonington, the Broker/Owners of Realty3 Carroll & Agostini understand real estate in Connecticut and feel confident that the worst is over for Berlin real estate values.
We've seen steady increases in prices in Stonington real estate, Southington real estate, Essex real estate in addition to Berlin and expect the price of homes to continue to embark on a lengthy period of steady price increases.
Is the Berlin Real Estate Market About to Turn?
CT real estate values hit the highest point in 2006 when the average value of homes in Berlin peaked at $304,000, and then hit a low of $243,000 in April 2011. The prices of homes for sale in Berlin have increased every month since that 2011 April low and are expected to continue to improve.
Although no one is waiting for the market to come booming back, what is significant now is -- not what the value of Berlin real estate has been through -- but what’s approaching. And the trend of higher home prices in Berlin is well entrenched.