December Contracts: Happy Holidays

December is traditionally the least active real estate month of the year, as folks take a step back to enjoy the holiday season. Although we saw the expected slowdown in number of deals, the month had respectable totals showing that many buyers and sellers had happy holidays. When looking at contracts, the month was nearly 15% ahead of last December for single-family homes in Hartford County. We finished the year with about 1.3% fewer contracts

November Contracts: Back on Trend

November exhibited the typical 4th quarter decline in activity, but outperformed November of 2017 by 4%. There were 672 single-family home contracts in Greater Hartford during the month, a number that was comparable to the September 2018 result. As we approach the year end, the chart at the top has basically finalized its shape. The months of June, July, August, and September feel out of line. It’s not that we’re questioning the data, rather we’re

October Contracts: Surprise!

Just when it seemed like the real estate year was over, the month of October turned out to be surprisingly active. Hartford County recorded 812 single-family home contracts, which was more than 11% higher than October of last year. The total was also a significant jump from last month, September 2018, when the county finished with just 684 contracts. This single-month reversal is one of the largest we have seen since we began reporting on

September Contracts: Falling Leaves and Deal Counts

September was a down month for the Hartford County single-family market. The number of contracts signed declined more than 9% from the same month last year, leaving the County 4% behind on a year-to-date basis. It appears that there will be a modest fall market in Hartford County this year. Other agents throughout the state are reporting similar observations about the market, so the deceleration does not appear to be unique to Greater Hartford. I’ve

August Contracts: Typical End of Summer

Hartford County finished August with 779 single-family contracts, slightly behind the August 2017 total of 785 deals. It continues to be a strong year for the county, with the total deal count only off last year’s total by about 3.4%. Real estate markets took the traditional late summer step back in August. The pool of buyers trying to time the school year cycle typically phase out of the market at about this time of the