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Thursday, December 12, 2024

Closed Sales of Single-Family Homes in Greater Hartford Rise 8 Percent

By Keara Langston

According to the Greater Hartford Association of REALTORS® (GHAR), closed sales single-family homes in Greater Hartford increased 8.4 percent (from 383 to 415), when compared to November of last year. Pending sales increased 2.1 percent (from 387 to 395) and the median sales price rose 3.6 percent ($364,000 to $377,000). New listings declined 8.2 percent (from 401 to 368) and inventory increased 0.1 percent (from 686 to 687) over the same time frame. The average days on market until sale decreased 17.4 percent (from 23 to 19 days).

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