June 16, 2017

Hartford home sales got spring bounce in May

Hartford area home and condominium sales rose in May, but their median prices were mixed, new data shows.

There were 1,515 single-family houses sold last month vs. 1,431 sold in May 2016, the Greater Hartford Association of Realtors (GHAR) said late Friday.

Median price rose 2.9 percent to $228,900 last month vs. $222,500 the same month last year, Realtors said.

Condo sales rose 28.8 percent to 270 units vs. 210 a year ago, while their median price dipped 1.4 percent to $145,500 vs. $147,500.

"The increase in closed sales is customary for the late spring market," said GHAR CEO Jeff Arakelian.

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