Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Yes, we know we are dorks. You know we are dorks too and it doesn’t hurt our feelings if you call us that. And we also know that you like these data posts, so you are at least a little dorky too. Don’t worry, we won’t tell anyone… The local MLS that we are members of has been collecting data electronically since 2000. We thought this would be a good opportunity to do a data
This month we’re reporting statistics a little differently. They’re based on the number of contracts written rather than the number of closings. Why? Because it’s fun to shake things up every now and then. And because I honestly think it’s a more relevant way to look at the market. By focusing on contracts, we get the most up-to-date view of market activity possible. The contract date is when deals are struck, when prices are negotiated,
Local real estate markets have felt surprisingly busy over the past month. November is usually when things start to slow down for the holiday season, but this year has seemed different. After a slow fall, business actually seems to be picking up recently. Are the markets really busier than normal for this time of year? The best way to investigate this question is to look at the number of contracts written by month. Let’s compare
Here’s a quick look at how the Hartford County real estate markets performed last month. Closings in October reflect deals negotiated during the summer and fall depending on the amount of time between the contract date and the closing date. The data comes from the Connecticut Multiple Listing Service (CTMLS), which is deemed reliable but not guaranteed. Some Observations There was a wide range in the percent change in number of transactions for this October
The other day we were wondering, how often does the listing agent for a home also represent the buyer? This situation is called Dual Agency, and is something we’ve explored in the past. However, we never looked to see how often it happens in our area. To attack the question we looked at all the single family home sales that have closed so far this year in Hartford County. The data came from the CTMLS,