Home sales in May were the strongest for that month in three years, according to the Warren Group.
A total of 2,356 single-family homes were sold during the month, up from 2,290 in May 2012.
It was the highest since May 2010, when there were 2,516.
Despite the May gains, sales are down nearly 2 percent so far in 2013, which 8,329 homes sold. In Hartford, home sales are up 16.4 percent so far this year.
The state-wide median price in May was up 8 percent to $268,500.
May was also the first month of 2013 since January when sales volume increased year over year.
“Now that we’re well into the prime spring selling season, activity is increasing for sales volume as expected,” said Timothy Warren Jr., CEO of the Warren Group. ‘We’re expecting home sales to continue to rise on a year-over-year basis this summer. Median prices have increased for eight straight months and show no signs of slowing.”
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