News

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.

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.

GHAR is proud to present Bill Arzt, Broker/Owner of Realty ONE Group Cutting Edge, as the 2024 GHAR ROTY, the highest honor given to a REALTOR^® by their peers at the local level!!! 

The Greater Hartford Association of REALTORS® (GHAR) held a fundraiser on June 26th to raise funds for The Network, a non-profit that provides counseling, shelter and emergency care for victims of domestic abuse. Event participants enjoyed great food and beverages from three generous South Windsor restaurants: Burton's Grill, Red Heat, and Ted's Montana Grill. The evening included prizes donated by sponsors and area businesses.

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.  

GHAR is proud to represent 33 Gate's Scholarship Winners for the 2024-2025 academic year! 

The Connecticut REALTORS® Foundation receives applications for the Raymond F Gates Scholarship Award. The scholarship program is open to children of CT REALTORS® members and board staff who are graduating high school seniors or are enrolled in an accredited college, vocational-technical or graduate program with at least one term remaining.

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.

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.

The Greater Hartford Association of REALTORS^® (GHAR) is proud to announce that Jon Sheaffer, a GHAR member and broker of Sheaffer & Co. Real Estate, is the recipient of the 2024 GHAR Good Neighbor Award. The award is in recognition of his charitable work on behalf of The Kids of Summer Foundation. The award recognizes a REALTOR^® who has made an extraordinary impact on their community through their volunteer time and talents. As a result of Jon’s volunteer work, as well as the work of his co-founder Feliks Viner, The Kids of Summer Foundation will receive $1000 from the GHAR Foundation.

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.