January 4, 2017

Warren: CT's Nov. home sales strong

PHOTO | Andy Dean Photography, shutterstock.com
PHOTO | Andy Dean Photography, shutterstock.com
Connecticut home sales rose in November.

Connecticut home and condo sales were indeed strong in November, a separate home-sale tracker confirms.

There were 2,616 single-family houses sold statewide in November, a 19.3 percent increase, Boston's The Warren Group said Wednesday.

Warren's town-by-town sales and price tally is generally in line with the Connecticut Association of Realtor's November home sales tally, which is tied to sales registered via its proprietary Multiple Listing Service. Warren Group's data is derived from each town's individual assessor's office.

Year-to-date, sales were up 9.3 percent with 29,579 transactions, compared with 27,057 during the same time a year ago, Warren said.

The median price of a single-family home rose 3.9 percent in November to $238,000 vs. $229,000 a year ago. Year-to-date, prices are flat at $247,000 vs. $248,000 a year ago.

Condo sales rose in November by 6.9 percent, with 618 units sold -- highest since 2009. Year-to-date, condo sales were up 4.4 percent to 7,551 units.

Median condo price that month was flat at $158,500. Year-to-date, condo prices were down 1.5 percent to $162,450.

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