
Inventory of Single-Family Homes in Greater Hartford Down 35 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single family homes in Greater Hartford decreased 35.0 percent (from 1157 to 752), when compared to July of last year. Closed sales fell 29.6 percent (from 638 to 449) and pending sales decreased 17.1 percent (from 572 to 474). The median sales price increased 3.7 percent (from $361,750 to $375,000) and new listings decreased 25.1 percent (from 686 to 514), when compared to July of last year. The average days on market until sale remained unchanged at 16 days during this same year over year timeframe.

