Strong 2018 Hartford County Single-Family Sales

Hartford County finished 2018 with a closed deal count in the mid-8,000s for single-family homes for the third year in a row. Median single-family homes prices increased by 4.5% from $220,000 to $230,000. Average single-family home prices also increased, though by a smaller percentage. Breaking the number of sales down by price band, we can see that number of deals at prices below $200,000 decreased, while the number of deals in the middle price bands

December Contracts: Happy Holidays

December is traditionally the least active real estate month of the year, as folks take a step back to enjoy the holiday season. Although we saw the expected slowdown in number of deals, the month had respectable totals showing that many buyers and sellers had happy holidays. When looking at contracts, the month was nearly 15% ahead of last December for single-family homes in Hartford County. We finished the year with about 1.3% fewer contracts

November Contracts: Back on Trend

November exhibited the typical 4th quarter decline in activity, but outperformed November of 2017 by 4%. There were 672 single-family home contracts in Greater Hartford during the month, a number that was comparable to the September 2018 result. As we approach the year end, the chart at the top has basically finalized its shape. The months of June, July, August, and September feel out of line. It’s not that we’re questioning the data, rather we’re

October Contracts: Surprise!

Just when it seemed like the real estate year was over, the month of October turned out to be surprisingly active. Hartford County recorded 812 single-family home contracts, which was more than 11% higher than October of last year. The total was also a significant jump from last month, September 2018, when the county finished with just 684 contracts. This single-month reversal is one of the largest we have seen since we began reporting on

September Contracts: Falling Leaves and Deal Counts

September was a down month for the Hartford County single-family market. The number of contracts signed declined more than 9% from the same month last year, leaving the County 4% behind on a year-to-date basis. It appears that there will be a modest fall market in Hartford County this year. Other agents throughout the state are reporting similar observations about the market, so the deceleration does not appear to be unique to Greater Hartford. I’ve