Wednesday, March 12, 2025
Closed Sales of Single-Family Homes in Greater Hartford Increased 3 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 2.9 percent (from 241 to 248) when compared to February of last year. Pending sales also increased 16.2 percent (from 272 to 316) and the median sales price rose 5.6 percent (from $360,000 to $380,000). Housing inventory decreased 7.9 percent (from 505 to 465) and new listings dropped 12.6 percent (from 349 to 305). The average days on market until sale decreased 18.2 percent (from 33 to 27 days), over February of 2024.