After two months of modest gains, home sales in Connecticut were flat once again in September, when compared with the same month last year. WNPR’s Harriet Jones reports.
According to figures from the Warren Group, a Boston based real estate data firm, just over two thousand homes were sold in the state in September, a less than one percent dip from September of 2008. That broke a modest rising trend which saw sales up in July and August. However, the third quarter remains mildly positive, with sales up nearly three percent over the three-month period. Warren Group CEO Tim Warren says Connecticut’s housing market is still showing some signs of improvement.
Prices though are still on the slide. The median price for homes sold in September was down more than eight percent on the same month last year – although that did represent the smallest monthly decline in prices so far this year.