Commercial Real Estate in Hartford | Reonomy

Commercial Real Estate in Hartford

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Reonomy attracts a large community of Hartford commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Hartford commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Connecticut Hartford
Average price/sqft $908 $3,635 $4,735
Average sold price $1,082,211 $576,925 $306,595
Median sold price $198,553 $223,919 $193,630
Number of sales 2,792,236 11,316 870
Number of sales over $250k 1,189,680 5,045 249
Number of sales over $1m 269,060 750 27
Number of sales over $10m 36,917 56 --
Average total tax amount $7,139 $11,511 $13,556
Average assessed value $251,540 $380,219 $226,870
Average market value $356,178 $380,223 $226,870

Hartford commercial real estate property averages

Property averages United States Connecticut Hartford
Average lot size -- 144,971 sf 61,618 sf
Median lot size -- 12,201 sf 7,775 sf
Average building area -- 97 sf 63 sf
Median building area -- 59 sf 49 sf
Median year built 1970 1925 1923
Average number of units -- 3 4
Median number of units 2 2 2

Hartford commercial real estate total supply

Supply United States Connecticut Hartford
Number of parcels 58,466,290 301,832 18,417
Aggregate lot acerage -- 556,370 16,840
Aggregate building area -- 9,631,108 sf 526,167 sf
Aggregate units 89,982,073 426,740 44,877

Hartford commercial real estate industrial mortgages

Debt United States Connecticut Hartford
Number of mortgages 41,919,085 444,404 38,438
Average value of mortgages $5,197,153 $752,763 $498,921

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