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Monday, May 15, 2023

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

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in greater Hartford increased 2.4 percent (from $323,750 to $331,625). Inventory dropped 36.3 percent (from 945 to 602) and new listings decreased 41.4 percent (from 768 to 450), when compared to April of last year. Closed sales fell 30.1 percent (from 448 to 313) and pending sales decreased 26.1 percent (from 541 to 400). The average days on market until sale increased 8.3 percent (from 24 to 26 days) during this same year over year timeframe.

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Monday, April 17, 2023

Inventory of Single-Family Homes in Greater Hartford down 29 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the inventory of single-family homes in greater Hartford dropped 28.5 percent (from 782 to 559) when compared to March of last year. Closed sales dropped 26.9 percent (from 416 to 304) and pending sales decreased 27.7 percent (from 494 to 357). The median sales price increased 5.9 percent (from $306,800 to $325,000), New listings decreased 33.1 percent (from 643 to 430) and the average days on market until sale increased 3.1 percent (from 32 to 33) from this same year over year timeframe.

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Wednesday, March 15, 2023

Median Sales Price of Single-Family Homes in Greater Hartford Up 10 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in greater Hartford increased 9.8 percent (from $280,000 to $307,500), when compared to February of last year. Closed sales dropped 19.5 percent (from 333 to 268) and pending sales decreased 19.2 percent (from 395 to 319). New listings decreased 25.9 percent (from 428 to 317) and inventory decreased 29.3 percent (from 711 to 503). The average days on market until sale remained unchanged at 36 days from this same year over year timeframe.

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Tuesday, February 14, 2023

Closed Sales of Single-Family Homes in Greater Hartford Down 22 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in greater Hartford dropped 22.4 percent (from 411 to 319) and pending sales decreased 22.1 percent (from 421 to 328), when compared to January of 2022. The median sales price increased 10.8 percent (from $287,000 to $318,000) and new listings decreased 16.7 percent (from 3778 to 314). Inventory decreased 24.8 percent (from 725 to 545) and the average days on market until sale decreased 8.8 percent (from 34 to 31).

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Tuesday, January 17, 2023

Inventory of Single-Family Homes in Greater Hartford Down 29 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford decreased 36.0 percent (from 656 to 420) over December of 2021. The median sales price increased 2.7 percent (from $295,000 to $303,000) and pending sales dropped 27.1 percent (from 483 to 352). New listings decreased 34.2 percent (from 307 to 202) and inventory dropped 28.7 percent (from 841 to 600), during this same year over year period.

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Wednesday, December 14, 2022

8 Percent Increase in Median Sale Price of Single-Family Homes in Greater Hartford

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 8.3 percent (from $300,000 to $325,000) over November of last year. Closed sales decreased 34.6 percent (from 635 to 415) and pending sales dropped 33.6 percent (from 593 to 394). Housing inventory decreased 24.2 percent (from 1094 to 829) and new listings fell 28.8 percent (from 507 to 361). The average days on market remained unchanged at 27 days, during this same year over year comparison.

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Wednesday, December 14, 2022

Hartford Area Ranked No. 1 on the Realtor.com® 2023 Forecast of Top Housing Markets

By Keara Langston

(Hartford, Conn., December 14, 2022) – Greater Hartford, the market area served by members of the Greater Hartford Association of REALTORS (GHAR), has been ranked No.1 on the Realtor.com® 2023 Top housing markets forecast. Market areas on the list were selected because they are not only poised to see the strongest combined growth in home sales and listing prices in the coming year, but up to this point they have seen lower price increases and a relatively smaller affordability crunch than other markets across the U.S.

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Tuesday, November 15, 2022

27 Percent Drop in Inventory of Single-Family Homes in Greater Hartford

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), housing inventory dropped 27.3 percent (from 1284 to 933) over October of last year. Closed sales decreased 25.0 percent (from 631 to 473) and pending sales decreased 27.2 percent (from 646 to 470). The median sales price of single-family homes in Greater Hartford increased 8.7 percent (from $300,000 to $326,000). New listings fell 20.1 percent (from 668 to 534) and the average days on market until sale remained unchanged at 28 days, during this same year over year timeframe.

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Monday, October 17, 2022

13 Percent Rise in Median Sales Price of Single-Family Homes in Greater Hartford

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 13.3 percent (from $300,000 to $340,000) over September of last year. Closed sales decreased 9.1 percent (from 667 to 606) and pending sales decreased 9.0 percent (from 603 to 549). Inventory dropped 34.1 percent (from 1389 to 915). New listings also fell 29.7 percent (from 762 to 536) and the average days on market until sale decreased 20.0 percent (from 25 to 20), during this same year over year timeframe.

 

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Monday, September 19, 2022

25 Percent Decrease in Inventory of Single-Family Homes in Greater Hartford

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 10.6 percent (from $330,000 to $365,000) over August of last year. Closed sales decreased 12.1 percent (from 729 to 641) and pending sales decreased 5.4 percent (from 698 to 660). Inventory dropped 25.2 percent (from 1348 to 1008). New listings fell 15.7 percent (from 757 to 638) and the average days on market until sale decreased 13.0 percent (from 23 to 20), during this same year over year timeframe.

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