Especially in New Haven, where people who already had job offers for this summer and fall are looking, there is much more demand than supply. Due in part to some of the neighborhoods and their open spaces and larger lots, density has not been the issue that it has been in larger cities. Convenience and closeness are ruling the day, and we can sell whatever we can list in the parts of New Haven near Yale.
The suburbs are also popular, especially with younger families, and buyers of second homes. The latter group is driving up the average sales prices. Again, we can sell what we can list. It's hard to think about moving in the early stages of a lockdown, but people are figuring it out, and are ready to go when they can. The mild winter also helped. Prices are strong, due to limited supply.
Now that more restrictions are being lifted, we expect to see an added month (or two or three) added onto the spring market. Closings can happen quickly, if everyone is motivated to do so. If you are one of the sellers who thought that no one would buy now, it's not too late to list!
