Connecticut home prices may be higher than ever before, but that did not drag down the total number of home sales statewide compared to pre-pandemic levels.

According to new data from The Warren Group, publisher of The Commercial Record, there were 3,325 single-family home sales in October, at a median sale price of $325,000.

That tally is 14 percent more than the 2,918 sold in October 2019 – itself nearly a record high for the last 10 years. The median sale price for the month was 27 percent above the same month in 2019, a testament to how dramatically the market strengthened under the weight of unprecedented demand and historically low interest rates.

Year-to-date, there have been 32,838 single-family homes sold statewide through Oct. 31, at a median price of $334,900. Those figures are 17 percent and 28 percent, respectively, above the same figures for 2019.

For condominiums, the increases were even stronger. The monthly sales tally of 1,057 was 30 percent above October 2019’s, at a median price of $205,000. Year-to-date through Oct. 31, there have been 10,029 condos sold statewide at a median price of $200,000. Those figures are 31 percent and 21 percent above the same figures on Oct. 31, 2019.

Because pandemic restrictions significantly shifted the traditional spring market to the summer and fall of 2020, 2019 is the most recent year to which a comparison can be made. The Warren Group reported 4,226 single-family homes sold in October 2020, a figure more in line with tallies seen in May in pre-pandemic years.

A comparison of median sale prices between October 2020 and October 2021 shows the velocity of price increases is calming – October 2021 saw a median sale price a mere 7 percent over October 2020’s, while the year-to-date median sale price through October 31 of this year is only 12 percent higher than October 2020’s.

The data comes as the Greater Hartford Association of Realtors reports that inventory remains low in that area: single-family inventory is down 30.8 percent down year-over-year, to 1,208 homes, while condominium inventory dropped 40.2 percent over the same period, to 275. New single-family listings are down 14.2 percent year-to-date through Oct. 31, at the same time as the year-to-date average days spent on market was down to 30 days.