Wednesday, March 15, 2023
Median Sales Price of Single-Family Homes in Greater Hartford Up 10 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in greater Hartford increased 9.8 percent (from $280,000 to $307,500), when compared to February of last year. Closed sales dropped 19.5 percent (from 333 to 268) and pending sales decreased 19.2 percent (from 395 to 319). New listings decreased 25.9 percent (from 428 to 317) and inventory decreased 29.3 percent (from 711 to 503). The average days on market until sale remained unchanged at 36 days from this same year over year timeframe.