April Contracts: Smoothly into Spring

2019-05-09 Hartford County Single Family Contracts in April 2019

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

March Contracts: Doppelganger

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

February Contracts: Poised for Spring

The Hartford County single-family market finished February with 706 contracts, a 2.2% increase over February of last year. The year always begins with a slow ramp up of activity as new listings come onto the market, and buyers begin to think about the spring. Market data shows that the inventory of available homes is still quite low in many towns. Buyers tend to behave in one of two ways when there are not a lot

January Contracts: Getting the Year Started Right

The Hartford County single-family home market opened 2019 with 604 contracts in January. The total matched last January’s deal count almost exactly, and set the stage for another strong year in the real estate market. It is far too early to even consider looking at town-by-town trends in detail. We typically don’t even try to interpret the nuances of the market until after the majority of the spring market rush has passed. At this point

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