Hartford County finished July with just under 900 single-family contracts, about 3% more than July of 2018. On a year-to-date basis 2019 is about 1.4% ahead of last year. Real estate activity continues to be strong in Greater Hartford. Inventory levels trended slightly upwards to 3.4 months by the end of July. The number of active listings remains below last year’s totals, and barely outside of seller’s market territory (less than 3 months of inventory).
Hartford County finished June with 958 single-family contracts, slightly behind last June. The first half of the year overall finished slightly ahead of the first half of 2018 despite the June result. You’ll notice in the chart above that there was a July bump in 2017 but not in 2018. Summer markets can be unpredictable, but they are generally an active time of the year as buyers continue looking for homes. We’ll see how this
May was another strong month in the Hartford County real estate markets. Single-family homes sales totaled 1,125, which is the highest monthly count that we have ever reported, narrowly beating out May 2017. On a year-to-date basis the market is about 1.7% ahead of where it was through the first five months of 2018. Breaking the year-to-date activity down by price shows that the majority of the activity gains have been realized in the middle
April was a very strong month for the Hartford County real estate market. Single-family sales easily topped the 1,000 level, and outpaced the observed total from April 2018. On a year-to-date basis 2019 pulled slightly ahead of 2018. Market activity has been smoothly building throughout the spring. This year has been consistently strong for sales, but it wasn’t until April that we saw the market transition into full-fledged spring mode. Inventory levels continue to be
Hartford County finished March with 911 single-family properties accepting bids. The total was within 1% of the March 2018 total, and on a year-to-date basis the County is about 0.4% ahead of 2018. The first quarter was amazingly similar to last year, which bodes well for the remainder of the year. An important trend so far this spring was the decline in mortgage interest rates. Buyers were getting loans at about 4.5% at the beginning