Monday, January 13, 2025
Inventory of Single-Family Homes in Greater Hartford Increases 4 Percent
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.