News

According to the Greater Hartford Association of REALTORS® (GHAR), pending sales of single-family homes in greater Hartford increased 6.6 percent (from 376 to 401), when compared to November of last year. The median sales price rose 13.1 percent (from $325,000 to $367,500) and inventory dropped 25.0 percent (from 880 to 660), Closed sales decreased 9.1 percent (from 418 to 380) and new listings increased 11.9 percent (from 360 to 403). The average days on market until sale decreased 19.2 percent (from 26 to 21 days) from this same month, last year.

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in greater Hartford increased 15.0 percent (from $326,000 to $375,000) when compared to October of last year. Inventory decreased 28.1 percent (from 981 to 705), Closed sales dropped 9.0 percent (from 477 to 434) and pending sales increased 0.4 percent (from 452 to 454). New listings decreased 11.8 percent (from 536 to 473) and the average days on market until sale decreased 28.6 percent (from 28 to 20 days) from this same month, last year.

According to the Greater Hartford Association of REALTORS® (GHAR), inventory of single-family homes in greater Hartford decreased 23.1 percent (from 977 to 751), when compared to September of last year. Closed sales dropped 28.1 percent (from 608 to 437) and pending sales decreased 15.6 percent (from 520 to 439). New listings decreased 5.6 percent (from 531 to 501) and the median sales price increased 10.9 percent (from $340,000 to $377,000). The average days on market until sale decreased 5.0 percent (from 20 to 19 days) from this same year over year timeframe.

The Greater Hartford Association of REALTORS® (GHAR), the second largest real estate association in New England, recently issued an acknowledgment letter for past discriminatory practices and policies. GHAR is determined to ensure the social and equitable growth of the organization.

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 8.4 percent (from $362,000 to $392,500), when compared to August of last year. Closed sales fell 17.3 percent (from 652 to 539) and pending sales decreased 17.3 percent (from 623 to 515). Inventory decreased 31.6 percent (from 1,069 to 731) and new listings decreased 14.4 percent (from 632 to 541). The average days on market until sale dropped 10.0 percent (from 20 to 18 days), during this same year over year timeframe.

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.

GHAR held a fundraiser on July 19^th to raise funds for Mary’s Place, a non-profit in Windsor for grieving children and families. Event participants enjoyed great food and live music from three generous Middletown restaurants: Esca Wine Bar, La Boca Mexican Restaurant, and Mezzo Grill. The evening included prizes donated by sponsors and area businesses.

GHAR is proud to present Shanyelle Young, S Young Realty & Associates, as the 2023 GHAR REALTOR^® of the Year, the highest honor bestowed upon a REALTOR^® by their peers at the local level!!!

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.

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.