January 23, 2018

CT's '17 home sales absorb Dec. slump

Statewide homes and townhouse/condominium sales and median prices rose in 2017 despite slumping in both categories at yearend, Realtors say.

Single-family house sales across Connecticut plummeted 11.4 percent to 2,646 units in Dec. vs. 2,987 units sold at the end of 2016, Connecticut Realtors said Tuesday.

Median price for those dwellings rose 1 percent to $247,500 last month from $245,000 in Dec. 2016, Realtors said.

Through 12 months of 2017, there were 36,621 houses sold vs. 36,025 in 2016. Median price for the year rose 1.4 percent to $255,000 vs. $251,500 in 2016.

Townhouse/condo sales fell 2.7 percent to 679 units in Dec. vs. 698 units a year ago. Their median price also was virtually flat at $164,000 in Dec. vs. $162,500 a year ago.

For the year, 8,896 attached housing units sold statewide in 2017 vs. 8,483 sold in 2016.

Their median price rose 3.2 percent to $165,000 in 2017 vs. $159,900 in 2016.

Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

Today's Poll Do trans-Atlantic flights out of Bradley Airport have long-term viability?<>
Most Popular on Facebook
Copyright 2017 New England Business Media