Not a Bad Time to Sell

2020-04-17 Not a Bad Time to Sell

The COVID-19 pandemic is serious, but people are still buying houses. In fact, the virus has made the pre-existing problem of too few homes available for sale even worse. It is not a bad time to sell, even with all the restrictions in place. Sellers able to accommodate showings actually have an advantage right now because inventory is so low in many price bands and sub-markets. Contract data from the first three months of 2020

January Contracts: More Buyers than Sellers

Hartford County began 2017 with 636 single-family homes going under contract in January. The total represented a 4% increase over the total from January 2016. The market is currently imbalanced in favor of sellers in most price bands. Because most owners target listing their properties in the “spring market,” the number of available properties does not grow quickly in January. Buyers have been eager to start their home search this year, and are currently outnumbering

February Contracts: An Active Start to 2016

Hartford County Single Family Contracts in February 2016

February 2016 strongly outperformed 2015 in terms of Hartford County single-family contracts. There was a 24% jump in activity versus the prior year, putting the year-to-date tally at nearly 22% ahead of 2015. Last month we noted that the mild January weather may have played a role in the real estate market’s strong start. Cold weather arrived almost immediately after we pushed published that story, yet the lower temperatures did not discourage buyers. Pleasant weather

September Contracts: A Busy Summer

Hartford County Single Family Contracts in September 2015

It’s been a few months since we published an update on contract activity, and the local markets were rather active over that time. Hartford County finished September with 739 single-family contracts, an increase of about 17% over September of 2014. It was the fourth month in a row of strong outperformance. On a year-to-date basis the County is about 800 deals and 13% ahead of where it was at this point of last year. Year-over-year

June Contracts: Bonus Spring

2015-07-02 Hartford County Single Family Contracts in June 2015

Hartford County had 994 single-family deals come together during the month of June. The total represented an 18% increase over June 2014, and a 5% increase over May of 2015. Last month we titled our May Contracts post “Peak Spring,” which was proven dramatically incorrect. Numerous towns throughout the county outperformed in June, while very few towns showed meaningful drops in activity compared to June of last year. On a year-to-date basis, most of the