This is an updated version of an earlier report.
Home prices within the Hartford metro area have fallen to April 2004 levels and will continue easing over the coming year, a new realty survey shows. Haddam, Suffield and West Hartford home prices climbed above 5 percent.
Zillow.com’s latest nationwide pricing survey released Tuesday found third-quarter Hartford area median house prices dropped 1.6 percent to $208,000 – the lowest in more than eight years — from the July-September period a year ago,
The online realty valuator projects Hartford area house prices will shed another 1.5 percent between now and September 2013.
Houses within Hartford’s city limits sustained the largest one-year price collapse among the more than five dozen Connecticut cities, towns and neighborhoods Zillow.com surveyed.
Hartford’s prices declined 16.5 percent in the past year, Hartford metro house prices fell 1 percent from the second to third quarters of this year
New Britain houses slid 1.4 percent in the third quarter, to a median $130,400 as of Sept. 30, Zillow.com said.
Haddam’s homes rose 5.3 percent, to $274,600 — the best price-performance on the latest quarterly Zillow.com Value Index.
West Hartford’s and Suffield’s prices each rose 5.1 percent. West Hartford homes climbed to a median $282,500, while Suffield’s rose to $262,900.
