Hoye Home Team's Market Report

Hartford, CT

Single-Family Homes

Berkshire Hathaway Home Services | www.hoyehometeam.com | 860-983-0875



Hartford, CT

Fri Apr 23 2021
This week the median list price for Hartford, CT is $182,450 with the market action index hovering around 56. This is an increase over last month's market action index of 46. Inventory has held steady at or around 36. Click here to stay informed with the Hartford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Hartford, CT

Fri Apr 23 2021
This week the median list price for Hartford, CT is $182,450 with the market action index hovering around 56. This is an increase over last month's market action index of 46. Inventory has held steady at or around 36. Click here to stay informed with the Hartford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Hartford market.
Median List Price $182,450
Per Square Foot $117
Days on Market 28
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 36
Median Rent $1,650
Most Expensive $875,000
Least Expensive $75,000
Market Action 56
Strong Seller's Market

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$270,000 2,131 0.25 - 0.5 acre 4 2 99 4 2 35
$199,000 1,621 6,500 - 8,000 sqft 3 2 106 4 2 7
$169,900 1,400 6,500 - 8,000 sqft 3 1 96 5 3 0
$119,999 1,508 6,500 - 8,000 sqft 4 1 81 3 2 56