Single-family residential home sales in Connecticut fell 4.2 percent year-over-year in February, according to new data from Connecticut Realtors. Last month saw 1,823 total units sold, compared with 1,902 in February 2016. The single-family residential home median sales price was $225,000 in February, 2.2 percent below the $230,000 price one year earlier.
Sales of townhouses and condominiums in Connecticut dropped 11.3 percent year-over-year, from 461 units in February from 520 in February 2016. The median sales price for townhouses and condominiums last month was $145,000, unchanged from the prior year.
Connecticut”™s housing market was weaker than the total regional market. The National Association of Realtors reported that February”™s home sales in the Northeast increased 1.5 percent year-over-year, with a median sales price of $250,200.