Housing Market Gets Reality Check

Summary


The number of single-family homes sold in Greater New Haven fell nearly 11 percent in 2006, while median sales prices rose about 3 percent compared with 2005, according to data from H. Pearce Real Estate Co.

In the 29 Greater New Haven communities H. Pearce tracks, 6,565 homes sold in 2006, down from the 7,345 sold in 2005.

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Extract


Housing Market Gets Reality Check

But as unit sales dropped, the median sales price continued to inch upward, to $353,334, 3 percent abo...

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