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CONNECTICUT BOARD OF REALTORS

 

Connecticut
    UNEMPLOYMENT MEDIAN-HOME PRICE INCOME/HOUSING COSTS
  Bridgeport 8.5% $367,167 34%
  Hartford 9.2% $228,804 25%
  New Haven 9.6% $221,621 26%
  Norwich 8.9% $192,483 21%

 

Connecticut Home Sales Prices - Past Year

connecticut real estate chart 2012

 

CONNECTICUT REAL ESTATE NEWS

 

There is some good news and some bad news on the real estate front in 2010.

Single-family home sales in Connecticut were down 0.54 percent from 2009, according to The Warren Group. The year 2010 was the sixth consecutive year where sales decreased, bringing annual home sales to their lowest point since 1991.

The good news for sellers is that the median sales price is up almost 4 percent, jumping to $250,000.

In addition to single-family homes, The Warren Group also reported a decrease in condominium sales of 7.3 percent from 2009. In keeping with the bad news/good news trend, the median condo sales price increased from $178,000 in 2009 to $182,250 in 2010.

Experts warn not to start celebrating just yet. The market still has a long way to go before it makes a full recovery.

Ultimately, we need to see major improvements in our overall economic health, including job creation, before we can see numbers return to the highs seen back in 2006, Timothy Warren Jr., CEO of The Warren Group, said. The median sales price for a single-family home that year was $269,900. Better than the National average which was $224,560.

Tricia Reed, Vice President of Business Development for Weichert Regional Properties, said she expects to see a gradual recovery here in Connecticut.

"We continue to see activity," Reed said. "Despite the weather, all of the snowfall, we have had a good turnout at our open houses and that shows us that there are some serious buyers out there."

 

 

 

50-STATE REALTOR EMAIL LISTS

ALABAMA
14,550 REALTOR EMAILS

ALASKA

1,260 REALTOR EMAILS

ARIZONA
57,908 REALTOR EMAILS

ARKANSAS

7,959 REALTOR EMAILS

CALIFORNIA
210,776 REALTOR EMAILS
COLORADO
33,083 REALTOR EMAILS
CONNECTICUT
17,237 REALTOR EMAILS
DELAWARE
8,008 REALTOR EMAILS
FLORIDA
165,998 REALTOR EMAILS
GEORGIA
48,565 REALTOR EMAILS

HAWAII

13,178 REALTOR EMAILS

IDAHO
8,825 REALTOR EMAILS

ILLINOIS

84,576 REALTOR EMAILS

INDIANA
18,684 REALTOR EMAILS

IOWA
9,140 REALTOR EMAILS
KANSAS
17,237 REALTOR EMAILS
KENTUCKY
13,148 REALTOR EMAILS
LOUISIANA
15,283 REALTOR EMAILS
MAINE
6,006 REALTOR EMAILS
MARYLAND
17,237 REALTOR EMAILS
MASSACHUSETTS
30,293 REALTOR EMAILS

MICHIGAN
27,719 REALTOR EMAILS

MINNESOTA

34,329 REALTOR EMAILS

MISSISSIPPI
7,176 REALTOR EMAILS

MISSOURI
29,832 REALTOR EMAILS
MONTANA
7,413 REALTOR EMAILS
NEBRASKA
5,828 REALTOR EMAILS
NEVADA
25,112 REALTOR EMAILS
NEW HAMPSHIRE
6,978 REALTOR EMAILS
NEW JERSEY
46,446 REALTOR EMAILS

NEW MEXICO

7,882 REALTOR EMAILS

NEW YORK
68,609 REALTOR EMAILS

NORTH CAROLINA

60,640 REALTOR EMAILS

NORTH DAKOTA
1,687 REALTOR EMAILS

OHIO
33,288 REALTOR EMAILS
OKLAHOMA
12,048 REALTOR EMAILS
OREGON
16,638 REALTOR EMAILS
PENNSYLVANIA
38,129 REALTOR EMAILS
RHODE ISLAND
6,665 REALTOR EMAILS
SOUTH CAROLINA
19,459 REALTOR EMAILS

SOUTH DAKOTA

2,049 REALTOR EMAILS

TENNESSEE
25,403 REALTOR EMAILS

TEXAS

105,364 REALTOR EMAILS

UTAH
17,139 REALTOR EMAILS

VERMONT
3,560 REALTOR EMAILS
VIRGINIA
41,656 REALTOR EMAILS
WASHINGTON
29,090 REALTOR EMAILS
WEST VIRGINIA
2,509 REALTOR EMAILS
WISCONSIN
20,412 REALTOR EMAILS
WYOMING
2,441 REALTOR EMAILS

 

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