Hoye Home Team's Market Report

Hartford, CT

Single-Family Homes

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



Hartford, CT

Tue Aug 09 2022
This week the median list price for Hartford, CT is $234,000 with the market action index hovering around 62. This is an increase over last month's market action index of 59. Inventory has increased to 32. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Hartford, CT

Tue Aug 09 2022
This week the median list price for Hartford, CT is $234,000 with the market action index hovering around 62. This is an increase over last month's market action index of 59. Inventory has increased to 32. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Hartford market.
Median List Price $234,000
Median Price of New Listings $199,000
Per Square Foot $154
Average Days on Market 66
Median Days on Market 25
Price Decreased 34%
Price Increased 6%
Relisted 3%
Inventory 32
Median Rent
Market Action 62
Strong Seller's Market

The market seems to have paused around this plateau. 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
$419,950 2,991 0.25 - 0.5 acre 6 3.5 106 0 0 35
$259,950 1,897 6,500 - 8,000 sqft 3 1.5 96 1 1 59
$207,449 1,304 6,500 - 8,000 sqft 3 1.5 80 4 2 17
$167,500 1,252 6,500 - 8,000 sqft 3 1.5 81 4 2 3