More Connecticut homes listed as sales fell in four markets

More homes came onto the market

Connecticut had more homes listed for sale, while home sales declined in four major markets. The change points to a split in the state's housing activity: buyers had more properties to consider, but fewer sales were completed in the markets identified.

Sales moved lower in four markets

The decline covered four major Connecticut markets. The reported development does not establish that sales fell statewide, and it does not identify the individual markets, the size of the change or the period measured.

What the change shows

Listings and completed sales measure different parts of the housing market. New listings indicate that more homes were offered for purchase. Sales count transactions that were completed. In this case, the two measures moved in opposite directions: listings increased while sales fell in four major markets.

The Norwalk Hour reported on the change in Connecticut's housing market. Further market details, including the affected communities and the dates covered, will determine how broadly the trend applies.