Wednesday, February 12, 2025
Inventory of Single-Family Homes in Greater Hartford Rises Nearly 9 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in Greater Hartford increased 8.8 percent (from 468 to 509), when compared to January of 2024. The median sales price rose 11.1 percent (from $334,950 to $372,000) and new listings increased 8.6 percent (from 292 to 317). Closed sales increased 3.1 percent (from 290 to 299) and pending sales also increased 9.0 percent (from 289 to 315). The average days on market until sale decreased 29.7 percent (from 37 to 26 days), over this same period.