Thursday, May 19, 2022
Over 7 Percent Increase in Median Sales Price of Single-Family Homes in Greater Hartford
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford rose 7.4 percent (from $300,000 to $322,250) over April of last year. Closed sales decreased 16.3 percent (from 526 to 440) and pending sales decreased 12.3 percent (from 649 to 569). New listings dropped 12.0 percent (from 870 to 766) and inventory decreased 33.0 percent (from 1302 to 872). over April of 2021. The average days on market until sale decreased 35.1 percent (from 37 to 24).