Wednesday, August 14, 2024
Closed Sales of Single-Family Homes in Greater Hartford Up 14 Percent
According to the Greater Hartford Association of REALTORS® (GHAR), closed sales of single-family homes in Greater Hartford increased 13.8 percent (from 450 to 512), when compared to July of last year. Inventory decreased 6.8 percent (from 784 to 731) and pending sales increased 18 percent (from 450 to 531). The median sales price rose 13.3 percent (from $375,000 to $425,000) and new listings increased 12.9 percent (from 520 to 587). The average days on market until sale remained unchanged at 17 days, when compared to July of 2023.