August sales and the median price of Hartford area single-family houses fell from a year earlier, brokers say. Condominium sales plummeted.
Sales fell 5 percent to 1,015 units last month from 1,067 in August 2013, the Greater Hartford Association of Realtors said.
The median price for a house sold last month dropped 4.3 percent to $225,000 from $235,000 the same month a year ago, the association said.
In the area condo market, 210 units sold last month, down 13.2 percent from 242 a year ago. The median condo price declined to $146,125 vs. $155,000.
Inventory of unsold houses and condos both climbed last month. The average days a house sat unsold rose in August from 58 to 63 days, while the average days a condo sat unsold was flat at 74.
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