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Warren predicted that “we’re in for a red-hot spring and summer market.”
Condominium sales in January took a 25.1% year-over-year upswing.
Last month marked a three-year high for February single-family home sales.
The $161,000 median sale price for condominiums was the highest for a January since 2015.
Fairfield County recorded the most condominium sales in the state last year with 2,858 transactions.
The $258,000 single-family home median sales price was a 12-year high for the month of November.
The median single-family home sale price was $255,000, a 12-year high for the month of October.
"Single-family home sales have been down every month in 2019 on a year-over-year basis," said Tim Warren, CEO of The Warren Group.
The median single-family home price rose 0.7 percent on a year-over-year basis to $282,000, the highest price recorded for July since 2013.
May marked the 10th consecutive month that single-family homes sales fell on a year-over-year basis.
April marks the ninth consecutive month of single-family homes sales declining on a year-over-year basis.
Single-family home sales are down 7.5% from last year.
Last month marked the lowest number of February single-family home sales since 2015.