Connecticut house and condominium sales each rose 14 percent statewide in February, a fresh survey says.
Boston publisher The Warren Group said Wednesday 1,352 single-family dwellings sold that month, up from 1,188 the same month a year ago. February sales, too, were their highest since 2008.
Condo sales rose in February to 405 units vs. 355 a year earlier.
“February was a good month for both condo and single-family home sales which indicates that there is strong demand for homes,” said The Warren Group CEO Timothy M. Warren Jr. said.
Median prices for both housing categories, however, were down.
Single-family prices fell 5 percent to $224,750 in February vs. $236,000 a year ago, while the median condo sale price dropped nearly 2 percent to $152,000 vs. $155,000, Warren said.
“Prices for single-family homes slipped again, and so far this year the 3% decline in median prices matches the decline for all of 2014. The only year of the last four years that we experienced an increase in the median price was 2013. A lot is riding on the coming spring market.”
