Median vs Average in Real Estate: Why the Median Matters
When reviewing real estate market statistics, you’ll often see professionals reference the median home price, median days on market, or median sale price rather than the average. This is not accidental. Using median values provides a more accurate picture of the housing market and helps buyers and sellers make better real estate decisions.
Market Snapshot - January 2025
Median list and sold prices increased for the State of Connecticut as a whole, as well as for Litchfield, Fairfield, and New Haven Counties, in January 2025 compared to January 2024. Here is a summary of the market conditions* in the State and in Litchfield, Fairfield, and New Haven Counties for January 2025.
Market Snapshot - December 2024
Median list and sold prices increased for the State of Connecticut as a whole, and in Litchfield, Fairfield, and New Haven Counties, in December 2024 as compared to December 2023. Here is a summary of the market conditions for this November.
Market Snapshot - November 2024
Median list and sold prices increased for the State of Connecticut as a whole, and in Litchfield, Fairfield, and New Haven Counties, in November 2024 as compared to November 2023. Here is a summary of the market conditions for this November.