Connecticut - Real Estate
Move to Connecticut
Characterized by brilliant, serene beauty, Connecticut offers all the charm and heritage of a New England State. Outside the big cities, you’ll find rolling hills, lovely shoreline beaches, white-steeple colonial churches, stately Victorian and Tudor homes and historic landmarks. However, the major cities are bustling with all the modern American amenities you could want, from trendy stores and eclectic restaurants to contemporary single-family homes and urban lofts. Connecticut is bordered on the south by Long Island Sound, on the west by New York State, on the north by Massachusetts, and on the east by Rhode Island. Measuring only 60 miles from north to south and 90 miles across, Connecticut’s numerous historical sites, serene natural beauty and big city amenities are always accessible to its 3.4 million residents.
Connecticut is widely recognized as being home to some of the wealthiest counties in the US. The statewide median price for a single family home in Connecticut is $273,000, while condominiums are close to $185,000. New London County has some of state’s more affordable home prices and offers residents a picturesque coastline and close proximity to neighboring Rhode Island and Massachusetts. The median price for a home in New London County is $242,000. Tolland County also enjoys a close proximity to other neighboring states, is a close commute to the state's capital, Hartford, and hosts some of the lowest price tags for homes with the median price for a condo nearing $140,000. In stark contrast, with its concentration of high-net-worth residents and multimillion-dollar homes, Fairfield County is known for its affluent suburban communities and tops the list for highest median single-family and condo prices for the entire state. The single-family median home price in Fairfield County is $520,000 and the median condo price was $292,000. Within Fairfield County, Greenwich had the most expensive median price for single-family homes at $1.6 million.
New residents have a wide selection when it comes to finding a home. From historic Victorian mansions and plantation estates, farms and ranches to contemporary single-family houses with big city amenities, Connecticut fits the needs of varying lifestyles and budgets. Its nearness to Manhattan and easy train ride into New York City makes Connecticut a popular weekend destination for big city professionals. Connecticut also offers residents a wealth of cultural attractions, including theater, opera, ballet, concerts, and a number of nationally ranked museums and art galleries.
In addition to maintaining a quaint charm, Connecticut advances in the modern era with a thriving business climate, exceptional corporate offices, new urban skylines, modern expressways and a continued prestige in education with universities such as the highly esteemed Ivy League school, Yale University. Connecticut's economy has always centered on manufacturing. Today, manufacturing continues to play a vital role in the economy, but the financial sector has been gaining importance, driven in large part by the vast insurance industry centered in Hartford.
You can expect to experience four distinct seasons in Connecticut, where the summers are long and hot, and the winters are cold and snowy. Summer temperatures venture into the 80s while winter drops down into the 20s and 30s.
To learn more about specific communities in Connecticut, request a Free Relocation Packet prepared by a HomeRoute Preferred™ local community expert. This exclusive guide will be customized to your specific home search and help you prepare for your upcoming move to Connecticut.
Information provided courtesy of HomeRoute.