Wednesday, February 14, 2024
Closed Sales of Single-Family Homes in Greater Hartford Down 10 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in greater Hartford decreased 10.3 percent (from 321 to 288), when compared to January of last year. The median sales price rose 5.3 percent (from $318,000 to $335,000) and inventory dropped 24.1 percent (from 598 to 454). New listings decreased 5.8 percent (from 313 to 295) and pending sales decreased 1.6 percent (from 310 to 305). The average days on market until sale increased 12.9 percent (from 31 to 35 days) from January of 2023.