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Sales figures for single-family homes and condos decline on year-over-year basis

Nov. 29, 2018 (PEABODY, MA) – Single-family home and condominium sales in Connecticut decreased in October as prices also declined on a year-over-year basis, according to the latest report from The Warren Group, publisher of The Commercial Record.

 A total of 2,868 single-family homes were sold in Connecticut in October, compared to the 2,961 homes sold in October 2017 – a 3.1 percent decrease and the third consecutive month that sales have declined on a year-over-year basis. Meanwhile, the median single-family home price edged 0.4 percent lower to $247,000. Year-to-date, single-family home sales totaled 28,752 transactions, a 1.5 percent decrease from the first 10 months of 2017. Meanwhile, the year-to-date median sale price of $260,000 marked a 4 percent increase over the same period.

 “The declining sales numbers for both single-family homes and condos isn’t surprising based on recent trends,” said Timothy Warren, CEO of The Warren Group. “This is the third consecutive month that single-family homes have declined year-over-year, and the second consecutive month for condos on the same basis.”

 The number of condominium sales in Connecticut decreased on a year-over-year basis, falling 0.9 percent in October with 843 transactions, down from 851 transactions a year earlier. The median sale price for condos also declined, falling 0.6 percent on a year-over-year basis to $155,000, down from $161,500 in October 2017. Year-to-date, condo sales totaled 7,710 transactions with a median sale price of $165,000 – a 1.2 percent increase from the first 10 months of 2017.


Customers use The Warren Group to identify new business opportunities through access to comprehensive real estate and mortgage data, analytics, and industry news coverage. The Warren Group was established in 1872 and is now in its fourth generation of family ownership and management. It is the publisher of Banker & Tradesman, The Commercial Record and Registry Review. For more information visit