Conn. residential market shows signs of life

The residential market may be looking up in Connecticut, where median prices on single-family homes jumped 6 percent in January, compared to the same month a year earlier, up to $238,900 from $225,000 in January 2009, according to the latest report from the Warren Group, a New England-based real estate data provider. Just one county, Hartford, saw prices decline year-over-year, down 4.7 percent. Sales transaction volume statewide, meanwhile, was up nearly 20 percent year-over-year, hitting 1,277 home sales in January this year. TRD