Home Sales in Conn. Increase in April

RE/MAX of New England reported a 3.8 percent increase, according to the Norwich Bulletin.


RE/MAX of New England reported this week that the number of homes in Connecticut sold during the month of April increased by 3.8 percent compared to the same last year, according to the Norwich Bulletin.

Last month, 2,461 homes were sold, up from 2,371 last year. The median sale price, however, decreased by 0.4 percent and as well as inventory — from 31,883 to 28,133.

Out of the six states in New England, New Hampshire saw the largest increase in sales at 20.2 percent, while Rhode Island showed the largest decline in prices at 5.8 percent. Massachusetts and Maine, in fact, were the only states that didn't see their home sale prices fall.

The lower Fairfield County metro area, in particular, during the first quarter, according to the National Association of Realtors.


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