The Prosperity Report - Vol 2

Page 52

I N S I G H T I N T O T H E U LT R A - L U X U R Y R E A L E S T A T E M A R K E T

CONNECTICUT MARKET REPORT

BESPOKE LUXURY MAGAZINE

71

TOTA L $ 7 M + S A L E S 2019 - 2020

28 SALES IN 2019

The greatest trade in Connecticut was in Greenwich, at 110 Field Point Circle, for $48M.

52

43 SALES IN 2020 ↑ 5 3 . 6 %

Connecticut appears to be one of the pandemic’s most prominent beneficiaries, as its already stable real estate market thrived even more, with a 53.6% increase in the quantity of $7 million+ sales in 2020, compared to 2019. Fairfield County, which includes Greenwich, was responsible

for 95% of all $7 million+ real estate transactions in Connecticut in 2019 and 2020 combined, taking 41 of the 43 total sales, with the other two in Litchfield County. This culminated in a $475,437,000 total sales volume for Fairfield County alone.


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