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Monday, January 13, 2025

Inventory of Single-Family Homes in Greater Hartford Increases 4 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in Greater Hartford increased 4.2 percent (from 519 to 541) over December of last year. Closed sales dropped 2.6 percent (from 425 to 414) and pending sales increased 5.1 percent (from 312 to 328). The median sales price rose 6.9 percent (from $360,000 to $385,000). New listings increased 23.4 percent (from 205 to 253) and the average days on market until sale decreased 10.7 percent (from 28 to 25 days) during this same December year-over-year timeframe.

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Thursday, December 12, 2024

Closed Sales of Single-Family Homes in Greater Hartford Rise 8 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales single-family homes in Greater Hartford increased 8.4 percent (from 383 to 415), when compared to November of last year. Pending sales increased 2.1 percent (from 387 to 395) and the median sales price rose 3.6 percent ($364,000 to $377,000). New listings declined 8.2 percent (from 401 to 368) and inventory increased 0.1 percent (from 686 to 687) over the same time frame. The average days on market until sale decreased 17.4 percent (from 23 to 19 days).

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Wednesday, November 13, 2024

Inventory of Single-Family Homes in Greater Hartford Up Nearly 8 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in Greater Hartford increased 7.7 percent (from 729 to 785) when compared to October of last year. The median sales price rose 2.7 percent ($375,000 to $385,000) and new listings increased 13.4 percent (from 476 to 540). Closed sales dropped 6.0 percent (from 435 to 409) and pending sales increased 6.4 percent (from 438 to 466) from October of 2023 to October of 2024. The average days on market until sale decreased 9.1 percent (from 22 to 20 days), over the same timeframe.

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Tuesday, October 15, 2024

Closed Sales of Single-Family Homes in Greater Hartford Down 4 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford dropped 3.8 percent (from 442 to 425) from September of 2023 to September of 2024. Pending sales also declined 3.4 percent (from 417 to 403) and inventory dropped 1.3 percent (from 773 to 763). New listings increased 5.8 percent (from 504 to 533) and the median sales price rose 7.6 percent ($376,000 to $405,000). The average days on market until sale decreased 14.3 percent (from 21 to 18 days), when compared to September of last year.

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Thursday, September 12, 2024

Median Sales Price of Single-Family Homes in Greater Hartford Up 6 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford rose 6.1 percent (from $391,250 to $415,000) when compared to August of 2023. Closed sales increased 3.9 percent (from 540 to 561) and pending sales decreased 3.1 percent (from 490 to 475). Inventory decreased 8.3 percent (from 760 to 697) and new listings decreased 5.8 percent (from 536 to 505). The average days on market until sale decreased 25 percent (from 20 to 15 days), when compared to August of last year.

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Wednesday, August 14, 2024

Closed Sales of Single-Family Homes in Greater Hartford Up 14 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 13.8 percent (from 450 to 512), when compared to July of last year. Inventory decreased 6.8 percent (from 784 to 731) and pending sales increased 18 percent (from 450 to 531). The median sales price rose 13.3 percent (from $375,000 to $425,000) and new listings increased 12.9 percent (from 520 to 587). The average days on market until sale remained unchanged at 17 days, when compared to July of 2023.

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Monday, July 15, 2024

Inventory of Single-Family Homes in Greater Hartford Decreases 9 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in Greater Hartford decreased 9.4 percent (from 779 to 706), when compared to June of last year. The median sales price rose 13.1 percent (from $393,550 to $445,000). Closed sales decreased 2.6 percent (from 508 to 495) and pending sales increased 6.6 percent (from 484 to 516). New listings decreased 5.3 percent (from 623 to 590). The average days on market until sale decreased 40 percent (from 25 to 15 days), when compared to June of 2023.  

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Tuesday, June 11, 2024

Median Sales Price of Single-Family Homes in Greater Hartford Increases 15 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford rose 15.3 percent (from $360,000 to $415,000), when compared to April of last year. Closed sales decreased 6.0 percent (from 414 to 389) and pending sales increased 3.9 percent (from 466 to 484). New listings increased 5.4 percent (from 579 to 610) and inventory decreased 2.3 percent (from 694 to 789). The average days on market until sale decreased 18.2 percent (from 22 to 18 days), when compared to May of 2023.

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Friday, May 17, 2024

Closed Sales of Single-Family Homes in Greater Hartford Increase 9 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales increased 9.4 percent (from 319 to 349) and pending sales of single-family homes in greater Hartford increased 17.0 percent (from 389 to 455), when compared to April of last year. The median sales price rose 15.8 percent (from $332,500 to $385,000). New listings increased 33.3 percent (from 438 to 584) and inventory fell 5.0 percent (from 616 to 585). The average days on market until sale decreased 26.9 percent (from 26 to 19 days), when compared to April of 2023.

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Monday, April 15, 2024

Pending Sales of Single-Family Homes in Greater Hartford Increase 8 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), pending sales of single-family homes in greater Hartford increased 7.6 percent (from 340 to 366), when compared to March of last year. Closed sales decreased 7.2 percent (from 306 to 284) and the median sales price rose 13.1 percent (from $325,000 to $367,500). Inventory dropped 16.4 percent (from 590 to 493) and new listings decreased 8.1 percent (from 430 to 395). The average days on market until sale increased 115.2 percent (from 33 to 71 days), when compared to March of 2023.

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