Connecticut home sale prices reached their highest levels in decades, a new report shows, with the pandemic spurring buyers to seek different living spaces as work and school went remote and there was an influx of purchasers, particularly in Fairfield and Litchfield counties, from more urban New York.
The median sale price for a single-family house — where half the sales are above, half below — soared more than 15% in 2020, to $300,000, compared with $260,000 a year earlier, according to The Warren Group, which tracks real estate trends and publishes The Commercial Record.
The median price level was the highest in the statistics maintained by The Warren Group going back to 1987.