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August 21, 2015

CT's statewide home sales up, prices soft


Connecticut house and condo sales rose strongly in July, but prices softened, statewide Realtors say.

Single-family sales climbed 14.6 percent last month 3,860 units vs. 3,369 sold in July last year, the Connecticut Association of Realtors said Friday.

The median sales price was $275,000, a half-percentage point lower than the $276,400 sales median for July 2014, brokers said.

Townhouses and condominium sales grew 21.2 percent to 959 units sold last month vs. 791 sold a year earlier, the association said. Median prices for those attached dwellings dropped 5.7 percent to $165,000 from $175,000.

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