News

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 10.5 percent (from 506 to 559), when compared to June of last year. Pending sales increased 15.7 percent (from 521 to 603) and the median sales price increased 9.5 percent (from $440,000 to $482,000). New listings increased 9.5 percent (from 630 to 690) and inventory dipped 1.2 percent (from 768 to 759). The average days on market until sale dropped 13.3 percent (from 16 to 19 days), over June of 2025.

The Connecticut REALTORS^® Foundation recently awarded their 2026 Raymond F. Gates, Jr. Memorial Scholarships.  The Raymond F. Gates, Jr. Memorial Scholarship Fund was established in 1976 in memory of Raymond F. Gates, Jr. following his tragic death in an automobile accident.  Mr. Gates was the Executive Vice President of the Connecticut REALTORS®. For the 2025-2026 academic year, the Connecticut REALTORS® Foundation is proud to announce that42 scholarships totaling $48,000 dollars to children of CTR members and association staff. GHAR is proud to announce the 9 winners that were among the 42 recipients. This is the 50th anniversary of the Gates Scholarship fund, with more than $1.3 million dollars awarded since inception.

Several GHAR leaders recently attended the National Association of REALTORS® Legislative Meetings in Washington, D.C., from June 14-19th. REALTORS® from across the country met to discuss industry trends, advocacy priorities, professional standards, technology, and the future of our profession.

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 11.9 percent (from $420,000 to $470,000), when compared to May of last year. Pending sales increased 12.8 percent (from 453 to 511) and closed sales dropped 14.3 percent (from 428 to 367). New listings increased 8.8 percent (from 611 to 665) and inventory rose 4.1 percent (from 710 to 739). The average days on market until sale jumped 18.8 percent (from 16 to 19 days), over May of 2025.

According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in Greater Hartford rose 1.9 percent (from 616 to 628), when compared to April of last year. The median sales price increased 3.5 percent (from $420,000 to $435,000). Closed sales dropped 11.2 percent (from 348 to 309) and pending sales dropped 1.7 percent (from 410 to 403). New listings increased 10.3 percent (from 535 to 590). The average days on market until sale rose 35.3 percent (from 17 to 23 days), over April of 2025.

We are excited to share a major update regarding our sustainability efforts at our home, 430 New Park Avenue. Our facility recently finished with a commercial solar project through Connecticut’s Non-Residential Renewable Energy Solutions program. Created by the state and managed by Eversource, this clean energy initiative provides us with a locked-in, 20-year contract. This partnership ensures long-term operational stability and protects our organization against future utility rate spikes by securing fixed incentives for the next two decades.

The Greater Hartford Association of REALTORS^® (GHAR) Foundation for Hope is proud to announce that Terrie Thomas, a GHAR member with eXp Realty, is the recipient of the 2026 GHAR Good Neighbor Award. The award is in recognition of her charitable work on behalf of the Foundation for Educational Opportunities. The award recognizes a REALTOR^® who has made an extraordinary impact on their community through their volunteer time and talents. As a result of Ms. Thomas’ volunteer work, the Foundation for Educational Opportunities (FEO, Inc) will receive $1,000 from the GHAR Foundation for Hope.

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes Greater Hartford rose 6.9 percent (from $385,000 to $411,500) when compared to March of last year. Closed sales of single-family homes decreased 11.2 percent (from 276 to 245) and pending sales dropped 2.9 percent (from 341 to 331). Housing inventory decreased 14.4 percent (from 557 to 477) and new listings dropped 16.7 percent (from 468 to 390). The average days on market until sale rose 16.0 percent (from 25 to 29 days), over March of 2025.

The Greater Hartford Association of REALTORS® (GHAR) Foundation, event sponsors, and attendees raised $3200 for Rebuilding Together Hartford. Donations were made through a music bingo fundraiser on March 4th at New Park Brewery in West Hartford. Rebuilding Together Hartford is a nonprofit dedicated to helping low-income homeowners through home renovation and repair. Their vision is to provide safe homes and communities for everyone.  

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 2.0 percent (from 249 to 254) when compared to February of last year. The median sales price rose 0.9 percent (from $380,000 to $383,500) and pending sales dropped 15.3 percent (from 300 to 254). Housing inventory decreased 6.1 percent (from 475 to 446) and new listings dropped 16.2 percent (from 302 to 253). The average days on market until sale increased 22.2 percent (from 27 to 33 days), over February of 2025.