Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
West Hartford continued to see a strong real estate market through the month of May. Below are the four main charts we track to keep in touch with the overall market in town. Closed transactions were down slightly in May compared to May of last year, 66 versus 70. Despite that, 2013 has outperformed 2012 in deal count over the first five months by about 11%, with 238 closings compared to 214 closings. Looking at
Hartford County single-family contracts edged up in May to 855 deals, a 1% increase over April of this year. More impressively, the month was more that 14% more active than May of last year. The active season extended later into the spring before the deal count plateaued. Through May, the market is more than 7% ahead of the 2012 market in terms of deal count. Drilling down into the individual towns, the numbers bounce all
West Hartford has been one of the hottest real estate markets so far this year. Here are a few charts to show where it is as of the middle of the spring season. Data is for single-family homes and comes from the CTMLS, which deemed reliable but not guaranteed. The number of closed sales has at least equaled the 2012 total in every month. Overall, 19% more deals have closed this year compared to the
The Hartford County single-family housing market continued its strong spring. Overall, buyers and sellers agreed to 845 deals during the month, which is nearly 15% higher than April of 2012. The year-to-date number of contracts is more than 5% ahead of where it was at this point last year. Strong April performance helps support our view that the February result was an aberration. Both March and April finished with higher contract totals than any individual
February was slow. March bounced back to above the 2012 trend with 773 deals coming together. This is about 4% over the March 2012 result. Since the market continues to be very active, we still believe that February was an aberration and should not be interpreted as weakness in the single-family real estate market in Hartford County. Buyers in many towns, and at a variety of price points, are frustrated by the low number of