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Home Sales Fall In Ct.

HARTFORD, Conn. (AP) A real estate research group says single-family home sales in Connecticut fell 6.3 percent in January, the first time sales have decreased year-over-year since August 2014.

The Warren Group says this morning that 1,357 single-family homes sold in Connecticut, compared with 1,448 in January 2014. It was the fewest sales in January since 2012, which posted 1,332 sales.

But prices leveled off in January. The median price of a single-family home was unchanged, at $230,000, the same as a year ago. It ended 10 months of consecutive declines.

Condominium sales in Connecticut declined 6.2 percent in January, to 363 condos from 387 the same month a year ago. The median sales price rose 1 percent, to $163,800 from $162,500 in January 2014.

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