Wednesday, February 16, 2022
Inventory of Single-Family Homes in Greater Hartford Down 36 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in Greater Hartford decreased 36.2 percent (from 1013 to 646) over January of 2021. Closed sales dropped 9.6 percent (from 449 to 406) and pending sales rose 5.1 percent (from 428 to 450). The average days on market until sale decreased 20.9 percent (from 43 to 34). The median sales price increased 1.4 percent (from $286,000 to $289,900) and new listings decreased 8.6 percent (from 408 to 373), during this same year over year period.