November Contracts: Happy Holidays

2014-12-08 Hartford County Single Family Contracts in November 2014

November single-family contract data showed the seasonal decline in the real estate market that almost always happens this time of year. With that said, this November outperformed last November. The number of contracts were a little over 4% higher than they were in the same month of last year. On a year-to-date basis, 2014 single-family contracts are only about 2% behind 2013 in Hartford County. The number of listings actively for sale ticked downwards as

October Contracts: Fall Bounce

2014-11-06 Hartford County Single Family Contracts in October 2014

The month of October finished with 643 single-family homes going under contract in Hartford County. The total was a slight increase from the previous month, and a slight decrease from October of 2013. The real estate markets continue to plug along without much flash or excitement. Inventory levels declined since the September report. At 6.4 months worth of homes available, the markets are very slightly into buyer’s market territory (6+ months of homes available). The

September Contracts: On Trend

Hartford County Single Family Contracts in September 2014

Hartford County finished September with 629 single-family contracts, matching the deal count from 2013 almost exactly for the second month in a row. We described September of 2013 as surprisingly slow when we wrote up the recap last year, and feel the same way about the month that just ended. There seemed to be very few buyers prepared to make offers despite fall traditionally being a popular time to buy homes. Inventory levels ticked downwards

August Contracts: Sizzling Summer Market

Hartford County Single Family Contracts in August 2014

The August real estate market showed an unusual level of activity. At 696 contracts, it wasn’t the most active month of the year, and in fact it merely tied the final tally for July. But it was still a busy month, and exciting for the market. Just last month we wrote… Looking ahead, August is traditionally more about vacations and back-to-school preparations than about real estate, making it a difficult data point to interpret. Historically

July Contracts: Defining the Spring Market Peak

2014-08-05 Hartford County Single Family Contracts in July 2014

There were 696 single-family contracts in July 2014, showing a significant drop in market activity from June of this year. The total was about 9% below the contract count for July of 2013. Summer months can be hit or miss, and on the whole this was a down month for the County. Our informal view was that the market felt active in July, which probably just means that the towns and price ranges that we