Hartford County Real Estate Market Statistics for July 2008

The median sales price is down from where it was in July 2007 at $272,500 to $261,250, but is slightly higher than the month before. We're still hangin' tough in Hartford County.

July 2008 vs July 2007

Median Sales Price in July 2008 - $261,250

618 Sales

36 Average Days on Market

Median Sales Price in July 2007 - $272,500

800 Sales

30 Average Days on Market

June 2008 vs June 2007

Median Sales Price in June 2008 - $260,000

710 Sales

31 Average Days on Market

Median Sales Price in June 2007 - $269,900

891 Sales

27 Average Days on Market

Absorption Rate

Since May, the number of homes on the market has been slowly shrinking, putting most of Hartford County in a balanced or normal market. May - 7 Months of Inventory June - 6 Months of Inventory - an average of 585 homes selling in previous three months July - 5 Months of Inventory - an average of 577 homes selling in previous three months Clearly, we experienced a jump in home sales during the spring which has absorbed some of the housing inventory. Is this a sign of better things to come? I don’t think so.

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