Connecticut house and condominium sales fell statewide in August. Prices also eased, a new survey says.
Sale of single-family homes dropped 6 percent to 2,735 units last month from 2,898 sold in August 2013, according to The Warren Group, Boston publisher of The Commercial Record.
“The real estate market in Connecticut is slumping a bit at the moment,” said The Warren Group CEO Timothy M. Warren Jr.
Through the first eight months of this year, sales are down almost 2 percent, with 16,805 sold vs. 17,128 the same January-August period last year, Warren Group said.
Median price for a house sold in August fell 5.3 percent to $269,900 vs. $285,000 a year earlier.
Condo sales fell 4.2 percent to 655 in August from 684 a year ago. Year-to-date condo sales were virtually flat at 4,487 units vs. 4,442 a year ago.
Condo median sales prices ebbed 7 percent to $176,500 last month from last year’s $188,875.
