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Home Fairfield

Good news continues on the home front

Jennifer Bissell by Jennifer Bissell
April 12, 2013
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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.”

 

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© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.