Essex Village Real Estate Market Sees Home Sales Numbers Rise

The Essex Village market warmed up this week as sales jumped 50.0% to hit nine homes sold over the last 30 days. Within the same time frame, New London had 20 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Essex Village, and for this period the median sales price slid from $292,000 to $270,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Essex Village is still a definite buyer's market.

Get started right now by checking out Essex Village homes for sale or reviewing Essex Village real estate trends.

Demographic facts about Essex Village:

  • This area has a rating of 54 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 256.5 physicians.
  • The area's health cost index score is 114.2. (100 = national average)
  • The breakdown of residents commuting to work is 77.3% by car, 5.2% by carpool, and 3.4% by public transit.

Data reported through 10/19/2016

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Ask a local expert about this area:
ERA Broder group
Snapped 1 home in this area
Coldwell Banker Residential Brokerage
Snapped 1 home in this area

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