Monday, July 17, 2023
Median Sales Price of Single-Family Homes in Greater Hartford Up 11 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in greater Hartford increased 11.0 percent (from $351,500 to $390,000), when compared to June of last year. Closed sales fell 31.4 percent (from 733 to 503) and pending sales decreased 21.9 percent (from 653 to 510). Inventory decreased 33.6 percent (from 1135 to 754) and new listings decreased 28.3 percent (from 869 to 623), when compared to June of last year. The average days on market until sale remained unchanged at 15 days during this same year over year timeframe.