Monday, November 20, 2023
Median Sales Price of Single-Family Homes in Greater Hartford Up 15 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in greater Hartford increased 15.0 percent (from $326,000 to $375,000) when compared to October of last year. Inventory decreased 28.1 percent (from 981 to 705), Closed sales dropped 9.0 percent (from 477 to 434) and pending sales increased 0.4 percent (from 452 to 454). New listings decreased 11.8 percent (from 536 to 473) and the average days on market until sale decreased 28.6 percent (from 28 to 20 days) from this same month, last year.