Connecticut condo and townhouse sales are trending upwards while single-family home sales decrease

Numbers indicate that Connecticut residents are thinking smaller when it comes to housing stock. There was a 5.3 percent increase in townhouse and condo homes sold this November, compared to the same month last year, according to a report by Connecticut Realtors. The median sales price for those units also increased from $150,000 to $159,000 from November of last year. At the same time, single-family home sales slipped by 0.9 percent, with the median sales price falling from $248,750 in November 2016, to $247,500 last month, the Fairfield Business Journal reported. [FBJ]