Wednesday, March 16, 2022
Median Sales Price of Single-Family Homes in Greater Hartford Stabilizes
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford remained unchanged from February of last year ($280,000). Closed sales dropped 12.1 percent (from 379 to 333) and pending sales rose 9.2 percent (from 381 to 416). New listings decreased 8.0 percent (from 460 to 423) and inventory dropped 36.8 percent (from 1018 to 643) over February of 2021. The average days on market until sale decreased 35.2 percent (from 54 to 35).