Developers looking at CT suburbs, Shoreline for new apartment projects
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An artist’s rendering of The Bradley, a 30-unit apartment complex that will be built on Bradley Road in Madison, near the town’s commuter rail station and a few blocks from downtown.Contributed photo
Much of the focus of residential developers building apartments in Connecticut in recent years has been on the state’s urban centers: Stamford, New Haven and Hartford cities with restaurants, services, commuter rail service and entertainment venues, with many of the apartments within walking distance.
But over the past two years, interest has grown in building apartment complexes big and small in New Haven’s suburbs and beyond. The latest evidence of that trend is “The Bradley,” a 30-unit apartment complex on Bradley Road in Madison.
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Hot real estate market for Jackson County. Here s what one Ripley realtor is saying.
RIPLEY Brittany Davis can sum up the housing market in Jackson County with one word insanity. It s been so crazy, she said. It s been a huge blessing but it s changed some things in a way that it s just moving so fast.
Davis, who runs Davis Realty, has been a realtor and broker in the area since 2012.
According to Realtor.com, the median listing home price in Jackson County is $139.9 trending up 7.7% and there are over 100 homes for sale in the county. The problem Davis and others across the country is seeing is a lack of inventory, along with an influx of people who want to buy.