Single Family Home Sales Rise in October

WASHINGTON, D.C. – December 01, 2015 – (RealEstateRama) — Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 5.7 percent comparing October 2015 to October 2014. The median sales price of $239,900 represents a less than 1% decrease from $242,000 in that same time period.

Statistics released from the National Association of REALTORS® today indicate total home sales nationwide (includes single-family homes, single-family homes, townhomes, condominiums and co-ops) increased 3.9 percent comparing October 2015 to October 2014; and the median national home sales price is $219,600. Regionally, Northeast home sales increased 8.6 percent in that same time period; with a median sales price of $248,900 “October has been a good month for single family home sales the past few years and that trend continues with stable prices.

It’s a positive sign that people continue to appreciate the way of life Connecticut provides.” said Sandy Maier Schede, President of Connecticut REALTORS®, Broker/Owner and REALTOR® with Maier Real Estate in Meriden.

More…http://www.realestaterama.com/2015/12/01/single-family-home-sales-rise-in-october-ID030154.html