Real Estate Directory - Connecticut
Population: 3,405,565
Capital city/population: Hartford (124,387)
Largest cities/population:
- Bridgeport - 139,664
- New Haven - 124,512
- Hartford - 124,387
- Stamford - 120,107
Connecticut is the 48th largest state, with a total area of 5,544 square miles. It has a moderate climate, with winters that average slightly below freezing, and warm, humid summers. The total area of Connecticut would fill Lake Iliamna in Alaska; only Delaware and Rhode Island are smaller. The colony of Connecticut became a state in 1788.
HOUSING (2005 unless otherwise noted)
Bridgeport- There has been a slight drop in the median sale price of single-family homes, along with a 6% increase in sales. Average sold price is $279,000. Multi-family home sales, which attract first time home buyers, increased slightly. Condominium sales have also increased.
New Haven- There is a strong market in homes priced at $500,000 and under, with some homes being sold above the asking price. Because of a lower number of homes for sale, this creates a strong home sellers market.
Hartford- The city is experiencing a good buyers market, with homes selling at 6% under fair market value, providing for an affordable housing market.
Stamford- Average home sale price for 2004 was $740,022, an increase of 10% over 2003. The average home stayed on the market for 70 days.
BUSINESS/ECONOMY
Primary industries include transportation equipment, machinery, real estate, electric equipment, chemical products, and scientific instruments. Agricultural products include nursery stock, eggs, dairy products, and cattle. Currently, Connecticut leads the nation in insurance administration.
SCHOOLS
Schooling has a tradition dating back to the arrival of the colonists, which required that all parents educate their children, and that every township of more than 50 families provide for an elementary school. Currently, there are more than 200 high schools in Connecticut.
The state has several well-known colleges, including the University of Connecticut – Storrs, the University of Hartford – West Hartford, Yale University at New Haven, the Universities of Hartford, Bridgeport, and Wesleyan, and Connecticut College at New London. The first law school in America was founded at Litchfield in 1874.
HISTORY
During the American Revolution, Connecticut furnished many soldiers. At the beginning of the war, royal governor Jonathan Trumbull was the only governor to vote for independence. In World Wars I and II, Connecticut's industrial capacity made the state a reputation as an "arsenal of democracy". The United States Navy built a submarine base at Groton in 1917, where the world’s first atomic-powered submarine, the Nautilus, was launched in 1954.
RELIGION (2004)
The religious affiliations of the people of Connecticut are:
- Christian – 83%
- Protestant – 48%
- Baptist – 10%
- Episcopal – 6%
- Methodist – 4%
- Lutheran – 4%
- Congregational/United Church of Christ – 2%
- Other Protestant or general Protestant – 22%
- Roman Catholic – 34%
- Other Christian – 1%
- Jewish – 3%
- Other Religions – 1%
- Non-Religious – 13%
DEMOGRAPHICS (2004)
The racial makeup of Connecticut:
- 77.5% White non-Hispanic
- 9.4% Hispanic
- 9.1% Black
- 2.4% Asian
- 0.3% Native American
- 2.2% Mixed race