Median sales prices for Connecticut single-family homes peaked in 2007 — more than a decade ago. That’s not good.
“I drive around, and I’m amazed to see new construction in Connecticut,” says Fred Carstensen, director of the Connecticut Center for Economic Analysis at UConn. “Who’s buying houses?”
Courant reporter Ken Gosselin recently read data provided by The Warren Group, a New England real estate watchdog, and crunched the numbers: median prices in only 10 towns and cities exceeded or matched pre-recession values.
Gosselin, Carstensen and West Hartford realtor Carl Lantz (RE/MAX Premier) talk over Connecticut’s glacial housing recovery on the latest Capitol Watch podcast.
Michael Hamad can be reached at mhamad@courant.com.
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