February Contracts: Full Speed Ahead

We had a sense that the real estate market was picking up, but numbers are even more impressive than we would have guessed. The number of single-family contracts written in Hartford County was up 50% over February of last year. The pace of deals this year is also ahead of 2010, when there was a first time home buyer tax credit. The strong January result is starting to look less like an abnormality. February continued

Greater Hartford February 2009 Real Estate Market Statistics

February just ended so it’s time for some more real estate statistics for the Greater Hartford area. As always, data comes from the CT Multiple Listing Service, is deemed reliable but not guaranteed, and is for single family homes only. My analysis follows after the chart… My observations… 1. Just like January, there were so few transactions in some of the towns that this data is not very statistically relevant, particularly the Median Sale Price