News

The Connecticut REALTORS^® Foundation announced their 2023 Raymond F. Gates, Jr. Memorial Scholarship winners.  The Raymond F. Gates, Jr. Memorial Scholarship Fund was established in 1976 in memory of Raymond F. Gates, Jr. following his tragic death in an automobile accident.  Mr. Gates was the Executive Vice President of the Connecticut REALTORS®. Over the past 47 years, children of REALTORS^® have been awarded scholarships totaling more than $1,000,000.

According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in greater Hartford decreased 34.4 percent (from 1028 to 674) and new listings decreased 28.3 percent (from 817 to 586), when compared to May of last year. The median sales price increased 4.3 percent (from $345,000 to $360,000). Closed sales fell 22.8 percent (from 535 to 413) and pending sales decreased 26.4 percent (from 652 to 480). The average days on market until sale increased 35.3 percent (from 17 to 23 days) during this same year over year timeframe.