January 8, 2008
Conn. home prices on the rise
Connecticut has not been immune to the plunging home sales plaguing the nation, but new data from The Warren Group shows that the median price of single-family homes has risen.
That's thanks to a 6 percent price increase in Fairfield County in November, bringing the state's median single-family home price up 2 percent from last year, from $263,250 then to $268,500 now.
But despite a brief buoy in price, housing market troubles persist as state home sales fell 20.8 percent, from 2,830 in November of 2006 to 2,242 this past November.
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