Tuesday, February 14, 2023
Closed Sales of Single-Family Homes in Greater Hartford Down 22 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in greater Hartford dropped 22.4 percent (from 411 to 319) and pending sales decreased 22.1 percent (from 421 to 328), when compared to January of 2022. The median sales price increased 10.8 percent (from $287,000 to $318,000) and new listings decreased 16.7 percent (from 3778 to 314). Inventory decreased 24.8 percent (from 725 to 545) and the average days on market until sale decreased 8.8 percent (from 34 to 31).