More on Housing Market Conditions in Greater Hartford

Yesterday the Hartford Courant published an article related to the number of single family homes for sale (housing inventory) in the Greater Hartford area. The majority of towns appear to be a buyer’s market, with more than 6 months of inventory available. But what about the number of single family home sales and the median price for the same timeframe? Here’s the data, taken from the multiple listing service (deemed reliable, but not guaranteed)… As

Newington and Wethersfield Real Estate Report

Here are some real estate statistics for Single Family Homes for sale in Newington and Wethersfield, as of today… As a buyer or seller, this data should help you understand if you have a lot or a little competition in your price range. Average days on the market in Newington, as of today, is 46 days. Average days on the market in Wethersfield, as of today, is 74 days.

Farmington Valley Real Estate Report

Here are some real estate statistics for Single Family Homes for sale in the Farmington Valley, as of today… As a buyer or seller, this data should help you understand if you have a lot or a little competition in your price range. Average days on market for Avon, as of today, is 57 days. Average days on market for Canton, as of today, is 122 days. Average days on market for Farmington, as of

West Hartford Real Estate Market Report

Interested in selling or buying a house or condo in West Hartford? Here is the latest market data as of today… Average Days on Market for a single family home in West Hartford is 61 days, as of today. If you’re a seller in the price range of $351K-$400K, you don’t have much competition. If you’re a buyer in this price range, be ready to see houses as soon as they come on the market.

Greater Hartford Housing Inventories Continued…

I recently received a few off-line comments about my recent post regarding real estate inventory levels in the Greater Hartford area. Remember, real estate inventory for a specific town is calculated by taking the current number of homes on the market in that town and dividing it by the number of closings during the previous month in that town, or some derivation thereof. In my calculation, I used February of 2008 to get the resulting