CT Home Sales Prices In 2013 Jump The Most In Nearly A Decade

by Categorized: Uncategorized Date:

Home sale prices in Connecticut jumped by more than 8 percent in 2013 compared with the previous year, the largest year-over-year gain in nearly a decade, according to a new report today.

The median sale price of a single-family house rose 8.3 percent, to $259,000 in 2013 from $240,000 the previous year, according to the report from the Warrent Group, providing the strongest sign yet that slow recovery in the state’s housing market is picking up momentum.

Sales of single-family houses rose 6 percent in 2013, compared with the previous year.

The year-over-year increase in the median sale price is the largest since 2005, according to Warren.

The Courant is using Facebook comments on stories. To comment on courant.com articles, sign into Facebook and enter your comment in the field below. Comments will appear in your Facebook News Feed unless you choose otherwise. To report spam or abuse, click the X next to the comment. For guidelines on commenting, click here.