April Contracts: Four Digits

2016-05-04 Hartford County Single Family Contracts in April 2016

With 1,031 single-family contracts, April 2016 took over as the single most active month in the Hartford County real estate market since we began tracking contract data in 2009. The County is 21% ahead of last year’s deal pace.

April was the first month in our data set in which the contract total reached four digits. June of 2015 was the previous leader, with 994 contracts. There have only been five months overall that broke into the 900s.

The step up in activity is likely to push the final number of sales into the range observed in the early 2000s. The chart below shows the number of closed single-family sales by year since the CTMLS moved online in 2001.

2016-01-06 Hartford County Single Family Sales

If 2016 is able to maintain its current pace of 20% ahead of 2015, and if contracts turn into sales at the same rate as last year, then 2016 would be projected to finish the year with about 9,240 deals.

Our best guess is that the second half of the year will be a bit less active than the first. It seems clear that 2016 will build on the number of deals in 2015, but there’s a long way to go before we’re comfortable predicting that this year will be better than the peak years of the early 2000s.

2016-05-04 Hartford County Single Family Contracts in April 2016 by Town

641 Broadview Ter, Hartford

641 Broadview Terrace, Hartford

This updated Colonial located in Hartford’s Behind the Rocks neighborhood is move in ready with refinished floors, fresh paint and plenty to offer its next owner.

An enclosed front porch greets you and is a nice space for reading or enjoying your morning coffee. Inside you’ll see architectural touches such as natural woodwork, period moldings, and stained glass windows. The formal living and dining rooms are great for entertaining. On the first floor you’ll also find a remodeled kitchen with eat-in space, bedroom, and updated half bath.

Upstairs you’ll find 2 bedrooms, a large walk in closet, and a renovated full bath. There is also walk up attic space for plenty of storage.

Outside you’ll love the oversized .40 acre lot which boasts mature gardens and plantings, as well as a paver patio. Additionally, there is a huge 3-bay garage for all of your auto and storage needs. Maintenance is relatively carefree with vinyl siding, replacement windows, and gas mechanicals.

641 Broadview is offered at $190,000. If you’d like to see this property, please have your agent arrange a showing or call me at 860-655-2125 to schedule a visit. More details and a photo tour are available.

220 Oxford Street, Hartford’s West End

220 Oxford Street, Hartford

Bright, open and charming describe this cheerful West End Victorian. The home offers fantastic original woodwork with detailing, many built-ins and hardwood floors throughout.

A front porch with both open and enclosed seating areas is the perfect place to enjoy the mature perennial garden beds which bloom throughout the spring and summer.

Inside, a paneled foyer with bench seat welcomes your guests. The first floor has an open living room with stately fireplace and built-in seat. It opens to a den and the formal dining room with china cabinet. An updated kitchen with eat-in space connects through the butler’s pantry back to the dining room. A powder room completes the first floor.

Upstairs, the master bedroom has a full bathroom, two walk-in closets and an adjacent sitting room, which can be used as another bedroom if you prefer. There are two additional bedrooms and the hallway bathroom has been fully updated, including radiant floor heating.

The third floor offers two large bedrooms, a full bathroom, and storage space.

The backyard has a new paver patio and additional gardens. There is a 1-car detached garage, new driveway, central air conditioning, gas heat and hot water and 200amp electrical service.

220 Oxford is offered at $385,000. If you’d like to see this property, please have your agent arrange a showing or call me at 860-655-2125 to schedule a visit. More details and a photo tour are available.

234 Broad Street, Old Wethersfield

234 Broad, Wethersfield

Steps from the historic Wethersfield Green in desirable Old Wethersfield, this 2-family would be a great owner-occupant or investor choice.

The first floor unit has a charming front porch, open living room and dining room, eat-in kitchen with dishwasher and pantry, a full bathroom and one bedroom. Laundry is located in the basement for the first floor.

Upstairs, the second unit encompasses the second and third floors. It features a mudroom space which opens to a renovated eat-in kitchen. There are upgraded cabinets, counters and appliances. Similar to the first floor unit, the living and dining rooms are open to each other. There is a full bath with Jacuzzi tub, large walk-in closet, and laundry room closet on the second floor. The third floor has a master bedroom with a half bathroom and a second bedroom. This unit also has access to a private front porch and elevated back deck.

The home features a new roof installed in 2015, fresh exterior paint, many replacement windows, hardwood floors, individual gas boilers and hot water heaters, a patio, and plenty of off-street parking space.

234 Broad is offered at $275,000. If you’d like to see this property, please have your agent arrange a showing or call me at 860-655-2125 to schedule a visit. More details and a photo tour are available.

Close the Door

“Close the door” is a time-tested piece of advice.

Growing up in Vermont, the main reason to close the door was to keep the heat from getting out. Apparently barns are notorious for having open doors where I’m from. Being told to close the door was generally followed by a comment about how we don’t live in a barn. Which was true, we didn’t live in a barn.

There’s a strong case to be made in more densely populated areas that it is important to close the door so that strangers don’t come into your place. Not as much of a concern in Vermont, but here in Hartford there are enough curious folks walking around that I could imagine one investigating a door left open with nobody in sight. Maybe not the first time the door was left open, or even most times, but it seems plausible.

I recently learned of a new reason to close the door. It would seem that the door of this building is a primary defense against local wildlife.

Close the Door

After touring the property, it seemed clear that the home’s defenses had failed. Either the door was left open, against the clear instruction provided by the sign, or the fauna found a different way inside. I heard lots of scratching in the basement ceiling.