Media Releases

Closed Sales of Single-Family Homes in Greater Hartford Increase over 50 Percent

Median sales price up over 16 percent

(Download full release in pdf)

(Hartford, Conn., January 15, 2021) – According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 51.21 percent (from 494 to 747) over December of 2019. The median sales price increased 16.63 percent (from $240,000 to $279,900) and pending sales rose 36.32 percent (from 435 to 593). New listings increased 11.66 percent (from 326 to 364) and inventory dropped 46.52 percent (from 1924 to 1029), during this same timeframe.

In year-to-date statistics, year over year, new listings decreased 8.33 percent (from 9481 to 8691). Pending sales increased 15.75 percent (from 6521 to 7548) and closed sales increased 13.67 percent (from 6521 to 7548). The median sales price increased 10.20 percent (from $245,000 to $270,000) and the average days spent on market decreased 15.79 percent (from 57 to 48 days), during this same year to date, year over year, timeframe.

Condominium closed sales increased 21.38 percent (from 145 to 176) and pending sales increased 21.05 percent (from 133 to 161) over December of 2019. The median sales price increased 9.09 percent (from $165,000 to $180,000) and inventory decreased 27.49 percent (from 422 to 306).

“Despite the uncertainty of current events, our numbers show the dream of homeownership is alive and well in greater Hartford,” said GHAR CEO, Holly Callanan. “Near-record low interest rates and strong buyer demand is the trend for the near future, at least,” she said.

In the national outlook, Lawrence Yun, National Association of REALTORS® chief economist stated: "Home sales in November took a marginal step back, but sales for all of 2020 are already on pace to surpass last year's levels. Given the COVID-19 pandemic, it's amazing that the housing sector is outperforming expectations."

 

The Greater Hartford Association of REALTORS® (GHAR) is the largest local real estate trade association in Connecticut, serving over 4700 members in the Greater Hartford real estate brokerage community. The Association provides technology, training, networking and business support to members, and supports a healthy real estate market by upholding high professional and ethical standards through a Code of Ethics, ongoing education and certification programs. As the advocate for the real estate brokerage industry, GHAR is the Voice for Real Estate® in the Greater Hartford region. For more information, call 1.860.561.1800 or visit www.gharonline.com.

Keara Langston, Communications Director
Greater Hartford Association of REALTORS®
t: 860.561.1800  f: 860.561.3573
www.gharonline.com

«  previous  | 1 2 3 4 5 6 7 8 9 10  |  next  » 


Icon

Closed Sales of Single-Family Homes in Greater Hartford Increase over 50 Percent 

Friday, January 15, 2021
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 51.21 percent (from 494 to 747) over December of 2019. The median sales price increased 16.63 percent (from $240,000 to $279,900) and pending sales rose 36.32 percent (from 435 to 593). New listings increased 11.66 percent (from 326 to 364) and inventory dropped 46.52 percent (from 1924 to 1029), during this same timeframe.
Icon

Closed Sales of Single-Family Homes in Greater Hartford Increase over 44 Percent 

Wednesday, December 16, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 44.10 percent (from 449 to 647) over November of 2019. The median sales price increased 12.24 percent (from $245,000 to $275,000) and pending sales rose 43.01 percent (from 479 to 685). New listings increased 1.56 percent (from 512 to 520) and inventory dropped 40.18 percent (from 2357 to 1410), during this same timeframe.
Icon

Over 35 Percent Increase in Closed Sales of Single-Family Homes in Greater Hartford 

Tuesday, November 24, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 36.31 percent (from 548 to 747) over October of last year. The median sales price increased 13.33 percent (from $247,500 to $280,500) and pending sales rose 49.90 percent (from 509 to 763). New listings increased 4.66 percent (from 772 to 808) and inventory dropped 35.56 percent (from 2610 to 1682), during this same timeframe.
Icon

Over 20 Percent Increase in Median Sales Price of Single-Family Homes in Greater Hartford 

Thursday, October 15, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 20.50 percent (from $241,900 to $291,500) over September of last year. Closed sales increased 27.44 percent (from 554 to 706) and pending sales rose 28.68 percent (from 516 to 664). New listings decreased 27.80 percent (from 820 to 592) and inventory dropped 56.14 percent (from 2663 to 1168), during this same timeframe.
Icon

Increase in Closed Sales of Single-Family Homes in Greater Hartford 

Tuesday, September 22, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 23.63 percent over August of last year (from 673 to 832). The median sales price increased 14.17 percent (from $254,000 to $290,000) and pending sales rose 29.26 percent (from 639 to 826). New listings increased 1.10 percent (from 817 to 826) and inventory dropped 34.16 percent (from 2693 to 1773), during this same timeframe.
Icon

Increase in Closed Sales of Single-Family Homes in Greater Hartford 

Monday, August 17, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 7.59 percent over July of last year (from 725 to 780). The median sales price increased 7.55 percent (from $265,000 to $285,000) and pending sales rose 31.52 percent (from 644 to 847). New listings increased 4.30 percent (from 906 to 945) and inventory dropped 31.64 percent (from 2791 to 1908), during this same timeframe.
Icon

Increase in Median Sales Price of Single-Family Homes in Greater Hartford 

Thursday, July 16, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 2.82 percent over June of last year (from $267,450 to $275,000). Closed sales dropped 21.82 percent (from 770 to 602) and pending sales rose 2.12 percent (from 707 to 722). New listings decreased 5.64 percent (from 1011 to 954) and inventory dropped 30.29 percent (from 2846 to 1984), during this same timeframe.
Icon

Closed Sales of Single-Family Homes in Greater Hartford Down 12 Percent 

Tuesday, June 16, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford decreased 12.75 percent over May of last year (from 643 to 561). Pending sales decreased 15.45 percent (from 712 to 602) and the median sale price increased 1.92 percent (from $260,000 to $265,000). New listings decreased 31.22 percent (from 1198 to 824) and inventory dropped 31.91 percent (from 2795 to 1903), during this same timeframe.
Icon

Over 7 Percent Increase in Median Sales Price of Single-Family Homes in Greater Hartford 

Monday, May 18, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford decreased 2.70 percent over April of last year (from 518 to 504). Pending sales decreased 6.94 percent (from 620 to 577) and the median sale price increased 7.29 percent (from $240,000 to $257,500). New listings decreased 48.41 percent (from 1041 to 537) and inventory dropped 29.86 percent (from 2522 to 1769), during this same timeframe.
Icon

Closed Sales of Single-Family Homes in Greater Hartford Increase Over 10 Percent 

Thursday, April 16, 2020
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford rose 10.19 percent over March of last year (from 432 to 476). Pending sales increased 15.8 percent (from 501 to 580) and the median sale price increased 3.8 percent (from $235,500 to $244,450). New listings decreased 17.35 percent (from 922 to 762) and inventory dropped 17.60 percent (from 2329 to 1919), during this same timeframe.

«  previous  | 1 2 3 4 5 6 7 8 9 10  |  next  » 

RSS Feed RSS

Would you like this content delivered to your email or reader via RSS (Really Simple Syndication)? Please use the links below to subscribe and receive these headlines via email, Google or Yahoo. Please select your preferred distribution method below and follow the instructions to complete your subscription.