The number of Connecticut single-family homes sold in January was the highest since January 2008, according to a new report.
About 1,500 single-family homes sold in the state in January 2013, marking the 13th consecutive month of increased home sales, according to a monthly report by The Warren Group, a real estate data company.
Additionally, for the fourth consecutive month, the median price of single-family homes increased to $215,000 in January, a 2.4 percent increase year-over-year.
“Recent pending sales data are a hopeful sign for a strong spring market,” said Timothy Warren, Warren Group CEO, in a press release. “Given low mortgage rates and steady prices, there are positive signs that 2013 will be a second year of recovery.”