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Area May home, condo sales strong

Greater Hartford home and condo sales and prices improved in May from a year earlier, new Realtor data says.

Single-family home sales from a smaller sample of area communities rose 5.3 percent last month, to 633 units, the Greater Hartford Association of Realtors (GHAR) said.

Their median sale price also grew 8.3 percent to $260,000 from a year ago.

May is an important month for sales early into the spring home-sales season.

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According to GHAR, its sample pool now consists of Hartford and 26 area communities, down from 57 sampled in the Realtor body’s old Multiple Listing Service territory. 

Condominium closed sales rose 13.3 percent, to 171 units, in May vs. a year ago. Their median price was $169,900, a 3 percent gain from May 2018, GHAR said.

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