Big January For Connecticut Home Sales

by Categorized: Real Estate Date:

Another sign the housing market is coming back: Connecticut had its best January in single-family home sales since 2008, according The Warren Group, publisher of The Commercial Record.
Sales increased 14 percent, to 1,519, in January, says the Warren Group.

It marked the 13th consecutive monthly increase in sales of single-family homes in the state.

“We ended 2012 on a pretty positive note, and this is carrying into January,” said Timothy M. Warren Jr., CEO of The Warren Group. “Recent pending sales data are a hopeful sign for a strong spring market. And given low mortgage rates and steady prices, there are positive signs that 2013 will be a second year of recovery.”

The median price for Connecticut single-family homes sold in January was $215,000, up 2.4 percent from $210,000 in January 2012.

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