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September 20, 2018

Greater Hartford home sales, prices climb in Aug.

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Greater Hartford home sales and median prices rose in August, new Realtor data show.

There were 1,343 single-family houses sold statewide last month, up 3.1 percent vs. 1,302 sold in the year-ago period, the Greater Hartford Association of Realtors (GHAR) said Wednesday.

Median price for the most recent sales jumped 3.5 percent to $232,000 in August from $224,000 a year ago and new listings climbed 1.3 percent to 1,547 over that time.

The region’s condominium sales also rose 4.2 percent to 296 vs. Aug. 2017, with median sale prices flat at $153,000, Realtors said.

“The upward trend in closed sales is typical during the summer market,” said GHAR CEO Holly Callanan. “An uptick in new listings is a good sign for those looking to buy.”

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