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Thursday, September 16, 2021

Median Sales Price of Single-Family Homes in Greater Hartford Increases 14 Percent

By Keara Langston

(Hartford, Conn., September 16, 2021) – According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 14.4 percent over August of 2020 (from $288,500 to $330,000). Closed sales decreased 13.7 percent (from 840 to 725) and ending sales decreased 6.8 percent (from 784 to 731). The number of days on market decreased 43.9 percent (from 41 to 23 days). New listings decreased 7.7 percent (from 822 to 759) and inventory dropped 31.7 percent (from 1864 to 1273), during this same timeframe.

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