Connecticut home sale prices rose for the seventh consecutive month in April. (Feverpitched / Getty Images/iStockphoto)
April home sales in Connecticut hit their highest level in more than a decade for the month and prices paid rose for the seventh consecutive month, a new report Wednesday shows.
Sales of single-family houses across the state rose to their highest level for April since 2007, according to the monthly housing report from The Warren Group, publisher of the Commercial Record.
The median sale price — in which half of the sales are above, half below — gained 6.4 percent, to $250,000 from $235,000, the report shows.
The price gains in April were driven by a 16-percent year-over-year jump in New Haven County, where the median rose from $192,750 to $223,500.
Single-digit, year-over-year gains were registered in Hartford, New London, Tolland and Windham counties. Prices fell in Fairfield and Litchfield counties. Prices were flat in Middlesex county.
In Hartford County, sales of single-family houses rose 4.6 percent. The median sale price increased 4.7 percent, to $219,900 from $210,000, The Warren Group report shows.
“Inventory is low, and prices are rising as buyers face stiff competition for attractive homes,” Timothy Warren, Warren Group’s chief executive, said, in a release.