Seaport Advisory - connecticutrealestate

What the Market Looked Like Before 2020

Posted by Tim Bray on February 23rd, 2026

Series: When the Market Changes – Lessons From Real Estate Cycles

If you entered real estate after 2020, your understanding of the market may be shaped by one of the most aggressive seller-driven environments in modern history.

But prior to the pandemic, real estate operated very differently.

To understand where we may be heading, it’s important to remember where we came from.

A More Balanced (and Often Buyer-Leaning) Market

In the years leading up to 2020, many markets across Connecticut and Rhode Island experienced:

• Longer days on market
• More inventory than buyers in certain price ranges
• Frequent price reductions
• Negotiated closing costs
• Inspection repair requests as standard practice
• Appraisals that frequently…

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The Pandemic Market Was the Exception, Not the Rule | Seaport Real Estate Services

Posted by Tim Bray on February 12th, 2026

Series: When the Market Changes: Lessons From Real Estate Cycles

Over the past several years, the real estate industry has experienced one of the most unusual markets in modern history.

From 2020 through much of 2023, many areas across Connecticut and Rhode Island saw:

• Record-low inventory
• Multiple-offer situations as the norm
• Rapid appreciation
• Buyers competing aggressively
• Sellers controlling negotiations

For many in the industry—especially newer agents—this became their baseline understanding of real estate.

But there is an important truth that often gets overlooked:

The pandemic-era market was the exception, not the rule.

A Surge of New Agents in an Unusual Market

During this period, real estate…

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CT's Highest Residential Sales Per Town for the the 1st Quarter 2023

Posted by Tim Bray on May 3rd, 2023

In the first quarter of 2023, Fairfield County had 6 of the top 10 residential real estate sales in the state, totaling $29,315,000 out of the $69,597,777 sold. Litchfield County featured 2 of the top ten sales with a total of $4,600,000, while New London County had 1 sale in the top ten, amounting to $3,750,000.

Top 10 Luxury Homes: Connecticut's Prestigious Properties of Q1 2023

	1.360-364 Laurel Rd, New Canaan - $5,995,000 A luxurious generational family compound with a sports complex, less than an hour from NYC.
	2. 15 Parsonage Rd, Greenwich, CT - $5,995,000. A stately six-bedroom Georgian Colonial with an attached three-car garage and possible pool site.
	3.15 Blue Water Hill,…

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