149 Beacon Street, Hartford’s West End

149 Beacon, St Hartford

Hardwood floors, numerous built-ins, natural wood work and a charming front porch are just some of the details you’ll appreciate with this classic West End colonial.

The porch leads to an entry vestibule, opening to the formal foyer with turned staircase. There is a spacious living room with fireplace, leading to the formal dining room. The kitchen features eat-in space, updated appliances and a large pantry. A full bathroom completes the first floor.

Upstairs, the oversized master bedroom features a seating/dressing area and sleeping space. There are two additional bedrooms and a remodeled full bathroom. The third floor has two more bedrooms and storage space.

Enjoy the fenced yard, detached 1-car garage, gas heat and hot water.

149 Beacon Street is offered at $231,000. 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.

25 Congress Street, Unit A, Hartford

25a Congress

Come see this light and bright condo in the historic Congress Street community. The unit features two bedrooms and a full bathroom, a large living room, and a kitchen with good storage. Enjoy central air, gas heat, oversized windows, two fireplaces, in-unit laundry, and a detached 1-car garage.

Close to Downtown Hartford and the Hartford Hospital campus. Walk, bike, or bus to restaurants, entertainment, or work from this convenient location.

25 Congress, Unit A is offered at $79,900. 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.

June Contracts: Spring Peak

Hartford County Single Family Contracts in June 2016

Hartford County finished June with 1,027 single family contracts. It was the third straight month of more than a thousand deals, and a gradual decline from the May peak. The month was slightly busier than the unusually active June 2015.

On a year-to-date basis, the first half of 2016 was about 15% ahead of 2015. The outperformance has decreased as spring arrived, though each individual month is still ahead of the corresponding month from last year.

We have been keeping our eye on the upper price bands to see how their stats evolve as more data comes in. It was clear from early on in the year that the lower price bands, which represent most of the housing stock in the region, were strongly outperforming 2015. However, we were hesitant to make a similar claim about price bands above $400,000 since there are so many fewer data points.

Six months into 2016, it’s safe to say that the upper price points are showing improvement over the first half of 2015. In fact, the 24% increase in the number of contracts in the $500,000 to $699,999 price band leads all price bands.

The second half of 2016 could be influenced by the presidential campaign. Every four years our broker tells us to be prepared for the market to slow. The market didn’t slow during the 2012 election, but there was an incumbent running for reelection. There is more uncertainty this election cycle, as both presumptive nominees are polarizing figures.

Hartford County Single Family Contracts in June 2016 by Town

70 Cone Street, Hartford’s West End

70 Cone Street

Many recent improvements make this West End Victorian a perfect mix of new and vintage.

Refinished hardwood floors and fresh paint accentuate the original architectural elements including pocket doors, tin ceilings, multiple fireplaces and various built-ins. Beautiful entertaining spaces await with a formal foyer, living and dining rooms. A completely remodeled kitchen with eat-in space and dedicated pantry await the new owner. A laundry room and a refreshed three-quarter bath complete the first floor.

Upstairs, the master bedroom suite has a large walk-in closet and full bathroom. A second bedroom has a fireplace, alcove and fully remodeled en-suite bath. The third bedroom also features a fireplace and tin ceiling. A small office finishes the second floor.

The third floor provides additional space with two bedrooms, finished storage areas and a remodeled bathroom.

Outside, enjoy your time on the classic front porch and relaxing or gardening in the level, full-sun backyard.

70 Cone Street is offered at $329,000. 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.

May Contracts: Continued Strength

Hartford County Single Family Contracts in May 2016

Hartford County’s active real estate market continued, with 1,056 single-family homes going under contract in May. The year-to-date contract total is more than 19% ahead of this point in 2015.

The top chart shows that June was the peak of 2015 sales activity. The peak is usually a month or two earlier, which will make next month an interesting data point. Will the market be able to produce a 3rd consecutive month with over 1,000 contracts? That’s what it will take to continue outperforming 2015.

There is nothing particularly new to report in how the deals break down into the various price bands. Lower price bands are driving the overall market, as they have the larger raw deal totals, and show very strong percentage gains over 2015.

Similarly, the inventory of available homes continues to follow previously described trends. The higher the price point, the more options buyers have – at least as a percentage of the number deals over the past 12 months.

Hartford County Single Family Contracts in May 2016 by Town